The sale, which took place at the Geneva auction of Magnificent Jewels and Noble Jewels, at the Hôtel Beau-Rivage, came as Christie's announced its spring auction had sold a world record of £92 million ($154.2 million).

Just the day before, Sotheby's had also announced they'd topped the world record for sales, when they auctioned off some very pricey jewels too, although that was later trumped by Christie's sale of the blue diamond.

Sotheby's big sales included one of the world’s largest cut precious gems of any colour, a 100.09-carat "Graff Vivid Yellow" diamond ring.

The final bid was a staggering £9.7 million ($16.3 million) - the highest amount ever paid for a yellow diamond.

Blue diamond auctioned for world record amount