Rare Blue Diamond on the Block

Democrats aren’t the only ones with a penchant for blue these days. Christie’s London is putting an historic blue diamond on the auction block on December 10th, and the little beauty is expected to fetch a whopping $15 million.

The 17th century gem weighs in at 35.56 carats and is known to collectors as the Wittelsbach diamond. The stone was originally given to Infanta Margarita Teresa by her father King Philip IV of Spain on the occasion of her engagement to her uncle, Leopold I of Austria. Um…ew.

The diamond remained in royal custody for over 300 years until it found its way into a private collection, where it has remained since 1964.

"The appearance of a large blue diamond, among the rarest of colors, with a history that can be traced back to the 17th Century and 300 years of royal connections will surely be a thrilling occasion for all collectors of ... rare jewels," said Francois Curiel, international head of jewelry.

Six months ago a 13.39 carat blue diamond stunner sold for a world record price of $8.9 million, but now that the global economy has a serious case of the blues, it’s not clear that Christie’s will be able to secure their estimated purchase price.

To be continued...

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Halloween High Fashion

With the make up stains now a permanent fixture on your Joker Nurse costume and your candy collection down to the B list, we thought we'd share our favorite celebrity-bejeweled costume to cure your Halloween hangover.

There were several high profile bashes on both coasts, including Kim Kardashian's L.A. masquerade party and the soiree at the Roosevelt Hotel. But perhaps the hottest ticket was for Heidi Klum's Halloween Party in the big apple- and fittingly her scary Indian goddess costume takes our top prize.

According to US Magazine, Klum got the idea from her assistant.

"My husband [Seal] and I were in India last year, so she said, 'Why don't you do an Indian goddess? Like a scary Indian goddess?' And I said 'OK!'"

"So then she Googled around and she found Kali and showed me a picture, and I loved it," Klum said. "I loved it because she's so mean and killed all these different people and [had] fingers hanging off [her] and little shrunken heads everywhere."

According to Indian tradition, Kali's jewelry consists of earrings made from two dead bodies and a necklace of skulls. We're glad Heidi took a less literal approach - but it's clear the gold fan earrings, elaborate headdress and elbow-length bangles (on all eight of her arms) were meant to look larger than life.

The party took place at 1 Oak in New York City and revelers included the likes of Pink and Project Runway winner, Christian Siriano.

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