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Most expensive diamond for sale in New Orleans

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NEW ORLEANS, LA -

The world's most expensive diamond is up for sale in New Orleans, WGNO reported.

The diamond's name is "Royal Blue." The 10.6 carat rock sits in a platinum and rose gold ring and is surrounded by pink and white diamonds. The jewelry store, the M.S. Rau Antiques on Royal Street, lists its price at $9.85 million, according to WGNO.

The Rau's CEO told WGNO this diamond came from the same mine as the Hope diamond which is on display at the Smithsonian.

The CEO stated the Royal Blue is a better jewel because of its superior clarity.

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