Written by queen mudder
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Topics: diamonds

Wednesday, 22 January 2014

image for $50m giant blue diamond 'is paste' say auctioneers
Turned out to be cheapo cubic zirconia

South Africa - A huge and immensely rare 29.6 carat blue diamond found near Pretoria's Biltong Boerewors mine has turned out to be a fake according to auctioneers charged with selling it.

Dubbed the Biltong Blue the massive sky-colored lump of carbon apparently just popped out of the ground last Thursday morning during a routine controlled blast of mineral rich rocks.

It's discovery caused huge excitement for the mine's owners who have pumped millions of dollars into speculative drilling following a 'hunch' about the untold wealth lurking deep below ground.

This morning a gemological report from specialist diamond auctioneers Sparkler & Flashman shattered early euphoria about the precious lump after spectroscopy analysis proclaimed it 'cubic zirconia'.

"It's worth about twenty five bucks, maximum," head auctioneer Ernie Sparkler commented, "a nice albeit useless bit of tat that could one day grace the crown of some royal queen's coronation...Maybe Prince Charles will splash out and buy it for his consort Camilla."

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