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A two-stone ring with a 10.95-carat triangular-shaped blue diamond

This undated photo released in New York by Christie's Images LTD.2010, shows a two-stone ring with a 10.95-carat triangular-shaped blue diamond. (AP Photo/Christie's Images LTD.2010)

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Rare vivid blue diamond up for sale

Ring could bring $15 million at auction

Updated: Friday, 10 Sep 2010, 1:07 PM EDT
Published : Friday, 10 Sep 2010, 1:06 PM EDT

NEW YORK (AP) - A two-stone ring with a stunning 10.95-carat triangular-shaped blue diamond is headed for the auction block in New York City.

Christie's says it's the largest triangular-shaped fancy vivid blue diamond ever to come to auction. Its jewelry expert, Rahul Kadakia, says the ring could bring $15 million when it goes on sale Oct. 20.

The ring is paired with a 9.87-carat white diamond. It was designed by Italian luxury jeweler Bulgari and purchased for $1 million in 1972 by a European businessman.

Fancy vivid blue is the strongest and purest saturation in any colored diamond.

Last year, Sotheby's sold a 7.03-carat cushion-shaped blue diamond sold for $9.5 million.

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