Thursday, 4 October 2018
Blue Diamond Sells for $14M at Sotheby’s
Sotheby’s brought in a total of $40.2 million at its Hong Kong auction Wednesday as a 5 carat blue diamond fetched $13.8 million.
The price of the step cut, fancy vivid blue, named the Ai diamond, after the Chinese word for love, fell within its estimate of $12.5 million to $15.3 million. The final selling price translated to $2.8 million per carat.
Another blue diamond a pear shaped, fancy intense blue weighing 3.47 carats sold for $3.1 million at the Magnificent Jewels and Jadeite auction against a pre-sale estimate of $2.7 million to $3.6 million.
A step cut, 18.45 carat, D color, VVS2 clarity diamond ring fetched $2.3 million, smashing its estimate of $1.3 million to $1.7 million.
However, only one piece out of a collection of jewels by designer Wallace Chan found a buyer: a pair of jade and diamond earrings, estimated at $70,160 to $108,430, which went for $87,700.
Several jewels by Harry Winston, Van Cleef & Arpels and Cartier also sold at the auction.
Sotheby’s sold 65% of all lots on offer, it said.
Source: Diamonds.net
Subscribe to:
Post Comments (Atom)
Tiffany Buys Back Titanic Watch for Record $1.97m
Tiffany & Co paid a record $1.97m for a gold pocket watch it made in 1912, and which was gifted to the captain of a ship that rescued mo...
-
More than ever before, today’s jewelry store manager has to be a know-it-all. He or she must understand new technolog...
-
The number of bidders at the recent 2019 Argyle Pink Diamonds Tender saw double-digit growth with buyers vying to get their hands on...
-
The Gemological Institute of America (GIA) has updated the language in its lab-grown-diamond certificates to ...
No comments:
Post a Comment