By Olivia Bahou
Apr 06, 2016 @ 1:15 pm
LEON NEAL/AFP/Getty Images

If you were looking to put a ring on it with a 10-carat blue diamond and had a spare $32 million to spend, you missed your chance. The De Beers Millennium Jewel 4, the largest “oval fancy vivid blue diamond to ever appear at auction,”—sold for a record-breaking price on Tuesday.

According to Sotheby’s, the gavel for the 10.10-carat rock dropped at $31.8 million, the “highest price ever paid for a jewel at auction in Asia.” The blue diamond shattered the previous record of $30.6 million, which bought one lucky buyer a 118.28-carat diamond in October 2013.

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An anonymous telephone bidder purchased the jewel in the auction, which lasted just a few minutes, Reuters reports. No word yet on what he or she plans to do with the record-breaking new treasure.