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This photograph taken on Nov. 2, 2023 in Geneva shows the "Bleu Royal," a rare 17,61 carats internally flawless fancy vivid blue pear shaped diamond, which fetched nearly $44 million in a Christie ...

The “Bleu Royal” diamond set upon a ring went under the hammer for $43.8 million (CHF 39,505,000) at Christie’s auction in Geneva on Tuesday, the Associated Press, CBS News and Reuters reported.

A rare blue diamond set in a ring sold for $43.8 million at a Christie's auction in Geneva. Christie's said that the 17.61-carat diamond, the Bleu Royal, is among the rarest to exist.

The vivid blue diamond, known as "Bleu Royal" and set in a ring, is among the rarest ever to be unearthed. At 17.6 carats, the diamond had an estimated value of up to $50 million prior to the sale.

GENEVA (AP) — The largest fancy vivid blue diamond to ever come to auction sold Tuesday for more than $44 million, far outstripping the pre-sale estimate, Christie’s said.