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'Ocean Dream' blue-green diamond sells for more than $17 million at Christie's auction in Geneva

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'Ocean Dream' blue-green diamond sells for more than $17 million at Christie's auction in Geneva
News

News

'Ocean Dream' blue-green diamond sells for more than $17 million at Christie's auction in Geneva

2026-05-14 05:41 Last Updated At:12:15

GENEVA (AP) — A 5.5-carat triangular-cut diamond billed as the largest fancy vivid blue-green diamond known to exist sold for more than 13.5 million Swiss francs ($17.3 million) on Wednesday, Christie’s said, calling it a record price for a stone of its kind sold at auction.

The “Ocean Dream,” the standout offer at the auction house's Geneva sale of jewelry, was found in Central Africa in the 1990s. The price easily topped the presale estimate to fetch 7-10 million francs (around $9-13 million).

Rahul Kadakia, president of Christie's Asia Pacific, said that an unspecified private client was the buyer, and the stone took about 20 minutes to sell — an indication that interest was high.

The price was more than double that of the roughly $8.5 million that the gem, which was featured among rare colored diamonds at the Smithsonian Splendour of Diamonds Exhibition in 2003, sold for at Christie's in 2014.

“A stellar result worthy of the world’s rarest blue-green diamond,” Tobias Kormind, managing director of online jeweler 77 Diamonds, said in a statement.

On Tuesday, a 6-carat fancy vivid blue diamond at a Geneva auction at Sotheby's didn't sell.

The auction house said that the rare stone unearthed from South Africa’s famed Cullinan mine had come in with a presale estimate of 7.2 million to 9.6 million francs ($9.2 million to $12.3 million).

“Although the diamond didn’t find a buyer during the auction, we are now in conversations with several interested parties and are confident that it will find a new home soon,” Sotheby’s said in a statement.

Both houses say collectors are increasingly drawn to rare, colored diamonds, which make up only a fraction of all the diamonds mined around the world.

FILE - Sotheby's Deputy Chairman, Middle East & Head of Sotheby's UAE, Katia Noun Boueiz wears the Mediterranean Blue diamond during its worldwide debut in Abu Dhabi, United Arab Emirates, Tuesday, April 8, 2025. (AP Photo/Altaf Qadri, file)

FILE - Sotheby's Deputy Chairman, Middle East & Head of Sotheby's UAE, Katia Noun Boueiz wears the Mediterranean Blue diamond during its worldwide debut in Abu Dhabi, United Arab Emirates, Tuesday, April 8, 2025. (AP Photo/Altaf Qadri, file)

A Christie's employee displays "The Ocean Dream", the largest fancy vivid blue-green diamond, weighting 5.50 carats, estimated at 7,000,000 to 10,000,000 CHF during a preview at Christie's in Geneva, Switzerland, Thursday, May 7, 2026. (Jean-Christophe Bott/Keystone via AP)

A Christie's employee displays "The Ocean Dream", the largest fancy vivid blue-green diamond, weighting 5.50 carats, estimated at 7,000,000 to 10,000,000 CHF during a preview at Christie's in Geneva, Switzerland, Thursday, May 7, 2026. (Jean-Christophe Bott/Keystone via AP)

UVALDE, Texas (AP) — Catastrophic flooding in Texas after days of pounding rain forced authorities to rescue dozens of people from rising waters before sunrise Thursday while many more fled to higher ground across a region still recovering from devastating floods just a year ago.

The National Weather Service in San Antonio said a “large and deadly flood wave” was barreling down the same river wrecked by floods last summer when two dozen children and counselors were killed at Camp Mystic.

Forecasters urgently warned “Move to higher ground now!” as rivers rose hour by hour, turning them into fast-moving seas of white water.

There was no immediate word of any deaths or injuries from the flooding. Several tornado warnings were also issued. The Texas Hill Country floods over the July Fourth holiday last year killed more than 100 people.

“It’s crazy happening two times in one year,” said Josiah Rodriguez, who woke to the sound of heavy rain around 2 a.m. Thursday in Kerrville. He navigated flooded roads to help evacuate relatives.

“Last year there was no warning of it,” he said. “It just kind of happened overnight and it took everyone by surprise. This year, a lot more alerts have gone into place, a lot more safety measures.”

The storms and flooding threatened multiple counties close to the border with Mexico and in the Texas Hill Country near San Antonio. City officials in Kerrville urged people to shelter at the highest levels of their homes.

Images along a creek in Kerr County showed propane tanks that had been pushed onto a bridge and a mess of tangled trees.

Floodwaters overran the city of Uvalde overnight, cutting off outside access.

“There’s no way into the city at this point in time. Rescues have been happening overnight,” said Juli Alvarado, a spokesperson for Uvalde police. Multiple people trapped in vehicles were being rescued, she said.

“The good thing is they’re communicating with our emergency dispatch center and we’re getting crews to them quickly,” she said.

Uvalde officials were deploying boats for rescue operations and planned to fly helicopters after daybreak, Alvarado said. Phones buzzed with warnings throughout the night, warning of flash flooding in the morning.

Texas Game Wardens rescued more than 40 people, mostly in the Uvalde County area, according to a Texas Parks and Wildlife Department spokesperson.

The floodwaters were expected to reach a crest similar to last year's flood, the weather service said.

Gauges in some spots along the Guadalupe River showed it rose by more than 30 feet (9 meters) in a matter of hours overnight Thursday.

One gauge outside of Kerrville showed the river had risen 32 feet (9.7 meters) in four hours.

Close to Camp Mystic, which remains shut down, the Guadalupe River near Hunt reached about 20.5 feet (6.3 meters), according to a U.S. Geological Survey gauge, which is just under the level expected to inundate structures and roads.

Volunteer firefighters spent the night helping people evacuate and answering calls about rising water in Ingram, just up river from Hunt, where summer camps dot the shores of the Guadalupe, Ingram Mayor Claud Jordan said Thursday morning.

While the water didn’t rise as high as a year ago, he believes this round of flooding was more widespread and “worse” in his city. “The rural part of Ingram, all the roads are just trashed,” he said.

“There are a bunch of businesses that haven’t reopened from last year. They’re still trying to rebuild from the July 4 floods,” Jordan said. “This doesn’t help.”

By Wednesday, Uvalde police had ordered mandatory evacuations for some parts, with first responders notifying people affected directly. Others were asked to stay vigilant in case more evacuations are needed.

Some people walked out of their homes into the street to see the water growing closer every hour, their faces worried. People living along the Leona River scrambled to pack up their cars and head out, although many did not yet know where they should go. One man threw two kayaks into his truck bed, just in case.

Lightning flashed as clouds darkened, and brown water created large rapids in the typically calm river, which was pushing up against the town’s high bridge and into neighborhoods by Wednesday afternoon.

The Texas Hill Country is especially prone to flash floods because the area’s signature limestone is covered by just a thin layer of soil. During heavy rains, water can quickly shoot downhill before quickly filling the narrow river basins.

The weather service said 10 to 20 inches of rain (25 to 50 centimeters) had fallen in the past two days, with 8 inches (20 centimeters) in just two hours early Thursday.

The deluge dumped nearly a foot of rain in some counties and put people in multiple counties under flood watches, with some were expected to remain in effect through Friday evening.

Texas Gov. Greg Abbott has issued disaster declarations for dozens of counties. As of late Wednesday, six million residents in 57 counties were under a National Weather Service flood watch.

Stengle reported from Dallas. Associated Press writers Christopher L. Keller in Albuquerque, New Mexico; Dave Collins in Hartford, Connecticut; Michael Phillis in Washington; Claudia Lauer in Philadelphia; Kathy McCormack in Concord, New Hampshire; and John Seewer in Toledo, Ohio, contributed.

Mike Erulenfeld and Kala Martin walks back to his truck after watching as the Pedernales River floods near Old Kerr Highway on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

Mike Erulenfeld and Kala Martin walks back to his truck after watching as the Pedernales River floods near Old Kerr Highway on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

The Pedernales River floods along State Highway 16 on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

The Pedernales River floods along State Highway 16 on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

Mike Erulenfeld and Kala Martin watch as the Pedernales River floods near Old Kerr Highway on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

Mike Erulenfeld and Kala Martin watch as the Pedernales River floods near Old Kerr Highway on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

The Pedernales River floods underneath State Highway 87 on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

The Pedernales River floods underneath State Highway 87 on Thursday, July 16, 2026, in Fredericksburg, Texas. (AP Photo/Joel Angel Juarez)

A small fish is stranded on a sidewalk after flood waters subsided on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

A small fish is stranded on a sidewalk after flood waters subsided on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

Reece Noble, left, and Gavyn Steffek, photograph a tortoise they found in flood waters on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

Reece Noble, left, and Gavyn Steffek, photograph a tortoise they found in flood waters on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

Members of the Boerne Fire Dept. rescue a woman from flood waters on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

Members of the Boerne Fire Dept. rescue a woman from flood waters on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

A flood-damaged car hangs from a fence on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

A flood-damaged car hangs from a fence on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

Members of the Boerne Fire Dept. prepare to perform a water rescue on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

Members of the Boerne Fire Dept. prepare to perform a water rescue on Wednesday, July 15, 2026, in Boerne, Texas. (AP Photo/Darren Abate)

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