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Sotheby's Blue Diamond Ambitions

Sotheby's Blue Diamond Ambitions

Assessment

Interactive Video

Business, Architecture

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the excitement around Sotheby's upcoming jewel sale in New York, featuring the rare Shirley Temple Blue Diamond. The diamond, originally purchased in 1940 for $7,200, is now estimated to be worth $35 million. The transcript highlights Sotheby's history of selling colored diamonds at high prices and mentions Christie's upcoming auction of a large blue diamond. The discussion includes the impact of celebrity provenance on valuation and the competitive yet complementary nature of the auctions.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated value of the Shirley Temple Blue Diamond according to Sotheby's?

$35 million

$7,200

$33 million

$48 million

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which diamond did Sotheby's sell for a record $33 million in 2014?

The Hope Diamond

Mrs. Paul Mellon Blue Diamond pendant

Blue Moon Diamond

Shirley Temple Blue Diamond

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did Joseph Lau pay for the Blue Moon Diamond?

$48 million

$33 million

$35 million

$45 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the carat size of the blue diamond that Christie's plans to auction?

20 carats

9.54 carats

15 carats

12 carats

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Sotheby's view the competition with Christie's upcoming auction?

As irrelevant

As a market enhancer

As a minor challenge

As a direct threat

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