The Bleu Royal diamond, set in a ring
Christie's said that the 17.61-carat diamond was "amongst the rarest to have been unearthed."
  • 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 Gemological Institute of America described the pear-shaped diamond as "internally flawless."

A rare blue diamond set in a ring sold for 39.505 million Swiss franc ($43.8 million) at a Christie's auction in Geneva on Tuesday.