Showing posts with label Christie’s New York. Show all posts
Showing posts with label Christie’s New York. Show all posts

Tuesday, 12 May 2026

Historic Stream Family Collection Heads to Christie’s Auction

 

Matilda Gray Stream

A remarkable private collection spanning generations of American collectors is set to headline a major auction at Christie’s in New York next month, with expectations that the sale could realise tens of millions of dollars.

The Stream Family Collection was originally assembled by Matilda Geddings Gray, an influential Louisiana oil heiress and respected art patron, before being expanded by her niece, Matilda Gray Stream. Together, the two women built one of the most important private collections of jewellery, Fabergé objects and decorative arts ever to appear at auction.

The collection includes almost 400 pieces featuring works by legendary houses such as Fabergé, Cartier and Tiffany & Co.. Alongside the jewellery are significant examples of silver, porcelain, furniture, paintings, antiquities and glassware.

Among the standout pieces is a rare Fabergé gem set silver rhinoceros automaton dating to around 1900, carrying an estimate of USD $300,000 to $500,000.

The jewellery section reflects a strong Art Deco influence and is led by an exceptional 49.91 carat very light green yellow diamond ring featuring a VS1 clarity old European brilliant cut stone, estimated at USD $500,000 to $700,000.

Other highlights include a Tiffany & Co. Art Deco emerald and diamond bracelet estimated at USD $300,000 to $500,000, together with a Cartier coral, diamond and gold bracelet expected to realise between USD $50,000 and $70,000.

Matilda Geddings Gray began collecting Fabergé in 1933, long before the Russian master became widely recognised in the United States. Her acquisitions included four Imperial Eggs and the celebrated Lilies of the Valley Basket, regarded by many experts as Fabergé’s floral masterpiece.

The live auction, titled A Treasured History: The Stream Family Collection, will take place on 10 June, with an accompanying online sale continuing through to 17 June.

Fancy Colour Diamond Prices Ease Slightly In Q1 2026

Fancy Colour Diamond Prices


The Fancy Color Research Foundation reported a modest decline in fancy colour diamond prices during the first quarter of 2026, reflecting what it described as a stable but highly selective market environment.

According to the latest Fancy Color Diamond Index, overall prices slipped by 0.2 per cent during Q1 2026 following a 0.1 per cent decline in the previous quarter.

Pink diamonds recorded a 0.3 per cent fall across all sizes and intensities during the quarter, while blue diamonds also declined by 0.3 per cent. Yellow diamonds remained unchanged over the quarter but were down 1.2 per cent over the past 12 months.

Despite the softer pricing, the foundation noted that fancy colour diamonds continue to demonstrate resilience, particularly in the highest quality categories where rarity and strong colour saturation remain key drivers of demand.

The strongest performing category during the quarter was 1 carat Fancy Intense Pink diamonds, which rose by 1.9 per cent. The weakest performer was 8 carat Fancy Yellow diamonds, which declined by 1.5 per cent.

Ephraim Zion, managing director of Hong Kong based high jewellery house Dehres, said the market remained highly selective, with buyers focusing increasingly on exceptional stones with standout colour and rarity.

He noted that while headline prices appear relatively stable, the gap between top quality stones and more commercial goods has become increasingly pronounced.

Source: DCLA

Wednesday, 6 May 2026

Christie’s to Auction the Azure Blue, the Largest Fancy Blue Diamond Ever Offered

 5.04-carat Fancy Vivid Blue marquise-cut diamond

Christie’s has announced two exceptional natural blue diamonds for its upcoming Magnificent Jewels Auction sale at Rockefeller Center on June 9, highlighting the extraordinary rarity and complexity of the natural coloured diamond market.

Leading the sale is the Azure Blue, a remarkable 31.62-carat pear-shaped Fancy Blue diamond described by Christie’s as the largest Fancy Blue diamond ever offered at auction. The stone carries a pre-sale estimate of USD $6.5 to $8.5 million. Interestingly, sharing almost the identical estimate is a second diamond in the same auction: a 5.04-carat Fancy Vivid Blue marquise-cut diamond. Despite the dramatic size difference, the valuations sit within the same range, illustrating the immense importance of colour grading in the rare blue diamond market.

Natural blue diamonds derive their colour from boron, a trace element incorporated into the diamond’s crystal structure during formation deep within the Earth’s mantle. Boron causes selective absorption of red, orange, and yellow light wavelengths, leaving blue wavelengths dominant to the human eye.

the Azure Blue, a remarkable 31.62-carat pear-shaped Fancy Blue diamond


Blue diamonds are exceptionally rare, predominantly occurring within the Type IIb category, which accounts for fewer than 0.1 per cent of all natural diamonds. Many Type IIb diamonds also possess electrical conductivity, a highly unusual physical property rarely seen in gem materials.

Within the blue diamond category, colour saturation is one of the most significant drivers of value. GIA grades blue diamonds across a spectrum including Fancy Light, Fancy, Fancy Intense, Fancy Vivid, Fancy Deep, and Fancy Dark. Among these, Fancy Vivid Blue represents the highest level of saturation and rarity found in nature.

The Azure Blue carries a Fancy Blue grade, combined with exceptional size and clarity, reportedly potentially Internally Flawless. It is a stone of immense importance for collectors and connoisseurs alike. However, the 5.04-carat marquise achieves the far rarer Fancy Vivid Blue grade, alongside VVS2 clarity and Type IIb classification. That single grading distinction effectively compensates for the significant size difference between the two stones, explaining why Christie’s has valued them similarly.

The Azure Blue is mounted in a platinum ring featuring a concealed halo of natural pink diamonds, while the 5.04-carat Fancy Vivid Blue marquise is set in platinum with baguette-cut side diamonds. Both mountings are intentionally understated, allowing the diamonds themselves to remain the focal point.

Recent auction history demonstrates the extraordinary premiums achieved by the finest Fancy Vivid Blue diamonds. In May 2023, the The De Beers Blue sold at Sotheby’s Geneva for USD $57.5 million, achieving approximately USD $3.8 million per carat. Prior to that, the The Oppenheimer Blue achieved the same price at Christie’s Geneva in 2016, becoming the most expensive jewel ever sold at auction at the time.

In 2015, the Blue Moon of Josephine sold for USD $48.4 million at Sotheby’s Geneva after being purchased by Hong Kong businessman Joseph Lau for his daughter.

All of these record-breaking stones shared the coveted Fancy Vivid Blue grade, helping explain their extraordinary per-carat values. While the Azure Blue surpasses them all in physical size, its Fancy Blue classification places it within a different rarity category. By contrast, the 5.04-carat marquise sits within the same elite colour tier as those historic diamonds, reinforcing the significance of its estimate.

Christie’s continues to play a leading role in presenting some of the world’s most important natural coloured diamonds to market. According to Claibourne Poindexter, Head of Jewelry Americas at Christie’s, “With its striking color, exceptional size, and elegant shape, The Azure Blue is a rare masterpiece of nature.”

The appearance of both the Azure Blue and a highly significant Fancy Vivid Blue diamond within the same sale positions the June 9 Magnificent Jewels auction as one of the most important blue diamond auction events in recent years.

Source: DCLA

Tuesday, 10 March 2026

Rare French Gold and Exceptional Diamonds Headline Major Auction Sales

 Cartier and Van Cleef & Arpels

Two significant jewellery auctions this March are drawing global attention, highlighting the enduring appeal of rare craftsmanship and investment-grade diamonds.

At Freeman’s Auction House in Chicago, collectors will see a remarkable balance between exceptional diamonds and a deep exploration of mid-century French gold craftsmanship. The auction, taking place on March 18, features property from a prominent local family and focuses heavily on post-war French jewellery design.

According to April Matteini, Senior Vice President and Head of Jewellery at Freeman’s, the sale represents an important moment for collectors. She noted that the auction showcases highly sought-after pieces from the celebrated workshop of Georges L’Enfant, whose creations defined much of the sophisticated gold jewellery produced in France during the mid-20th century.

The L’Enfant atelier was renowned for producing technically refined and sculptural gold pieces for some of the world’s most prestigious maisons

The L’Enfant atelier was renowned for producing technically refined and sculptural gold pieces for some of the world’s most prestigious maisons, including Cartier and Van Cleef & Arpels. Their designs are admired for their tactile textures and architectural form. One of the standout lots in the auction is a striking textured gold curb-link necklace that perfectly illustrates the distinctive craftsmanship of the L’Enfant workshop.

Meanwhile, Christie’s is preparing for its own high-profile jewellery sale. A remarkable ring from Tiffany & Co., featuring a 10.02-carat emerald-cut diamond, is expected to achieve up to US$700,000.

D colour, internally flawless, and belongs to the rare Type IIa category

The diamond is graded D colour, internally flawless, and belongs to the rare Type IIa category diamonds that are chemically pure and among the most sought after in the world.

The Tiffany ring will headline Christie’s Jewels Online auction running from March 9 to March 19, which will feature 156 lots. The sale includes jewellery from renowned houses such as CartierDavid Webb, and Van Cleef & Arpels, as well as pieces from notable private collections including the collection of Elizabeth Taylor and property from the collection of Yvonne Kalman.

These auctions highlight the continued global demand for rare diamonds and historically important jewellery pieces, reinforcing the strong position of exceptional natural diamonds within the international luxury and collector markets.

Source: DCLA

Thursday, 11 December 2025

Paraiba Tiffany Necklace Sets New World Record at Christie’s New York

Paraiba Tiffany Necklace

A spectacular Tiffany & Co. necklace has made auction history, achieving a record-setting USD $4.2 million and establishing a new world auction record for a Paraiba tourmaline. The piece sold for more than seven times its high estimate during Christie’s Magnificent Jewels sale on 10 December in New York.

The centrepiece of the necklace is an exceptional 13.54-carat triangular modified brilliant-cut Paraiba tourmaline, accented by an array of round, pear, and square-shaped diamonds. Paraiba tourmalines of this size and saturation remain among the rarest gemstones in the world, and the extraordinary result underscores the continued strength of the coloured-gemstone market.

Christie’s reported an impressive 95% sell-through rate, with the auction realising USD $46.5 million. High-value pieces from renowned maisons such as Harry Winston, Van Cleef & Arpels, Cartier, and Tiffany & Co. all attracted strong global demand.

Below are the top-performing lots from the sale:


Top 10 Jewels at the Christie’s Magnificent Jewels Auction

1. Paraiba Tourmaline Tiffany & Co. Necklace
Final price: $4.2 million
Estimate: $300,000 – $600,000
A 13.54-carat Paraiba tourmaline with diamond accents — now a world-record holder.

2. Antique Kashmir Sapphire Earrings (circa 1910)
Final price: $3.1 million
Estimate: $1.5 million – $2 million
Featuring 11.92-carat and 12.61-carat cushion mixed-cut Kashmir sapphires suspended from old-cut diamonds.

3. Art Deco Cartier Ring (Rockefeller Kashmir Sapphire, circa 1925)
Final price: $2.6 million
Estimate: $1.5 million – $2.5 million
Centred on the celebrated 17.66-carat sugarloaf cabochon Kashmir sapphire.

4. D-Colour, VS1, 27.19-Carat Type IIa Diamond Ring
Final price: $1.9 million
Estimate: $1.4 million – $1.8 million
A rare type IIa diamond in classic emerald cut.

5. 16.23-Carat Kashmir Sapphire Ring
Final price: $1.8 million
Estimate: $500,000 – $700,000
A dramatic result for a cushion mixed-cut Kashmir sapphire surrounded by old-cut diamonds.

6. Tiffany & Co. Paraiba Tourmaline Earrings
Final price: $1.3 million
Estimate: $120,000 – $180,000
Two oval modified brilliant-cut Paraiba gems of 3.19 and 3.45 carats — another major Paraiba surprise.

7. Cartier Ring with 23.03-Carat D, VVS2 Step-Cut Diamond
Final price: $1.1 million
Estimate: $800,000 – $1.2 million
Featuring a cut-cornered rectangular step-cut diamond flanked by trapezoid stones.

8. Barbara & Frank Sinatra Diamond Ring
Final price: $990,600
Estimate: $800,000 – $1.2 million
Showcasing a 20.60-carat emerald-cut D, VVS1 diamond between triangular side stones.

9. Multi-Stone Diamond Earrings
Final price: $863,600
Estimate: $500,000 – $700,000
Each earring includes three pear-shaped diamonds, the largest being an 11.36-carat D VS2 and a 9.96-carat E VS1.

10. JAR Ruby and Diamond Earrings
Final price: $787,400
Estimate: $400,000 – $600,000
Designed with cushion, oval, pear, and round rubies surrounded by diamonds.


What This Means for the Market

The exceptional performance of Paraiba tourmaline and Kashmir sapphire pieces highlights continued buyer appetite for rare, high-quality coloured gemstones, particularly those with strong provenance or iconic branding. Record prices at auction also reaffirm the importance of independent grading and authentication, an area where the DCLA remains Australia’s trusted authority.

Tuesday, 7 October 2025

Fabergé’s Legendary Winter Egg Expected to Shatter Records with $27 Million Estimate

The 1913 Winter Egg with its hidden floral surprise.

A rare Fabergé masterpiece — the Winter Egg, crafted in 1913 from rock crystal and adorned with 1,660 diamonds — is set to reclaim its world record with an estimated sale price exceeding $27 million when it goes under the hammer at Christie’s London on 2 December.

Commissioned by Tsar Nicholas II as an Easter gift for his mother, the Dowager Empress Maria Feodorovna, the exquisite egg was designed by Alma Theresia Pihl, one of only two female artists to ever design for the House of Fabergé.

Standing four inches tall, the Winter Egg opens to reveal a platinum trelliswork basket of carved quartz flowers, each delicately set with rose-cut diamonds and demantoid garnet centres, resting on a base of gold moss. The egg itself sits upon a rock-crystal plinth shaped like melting ice, symbolising the transition from winter to spring — a theme often celebrated in Fabergé’s Imperial creations.

The piece will be the centrepiece of The Winter Egg and Important Works by Fabergé from a Princely Collection sale. Christie’s confirmed the estimate is “in excess of £20 million” (US$26.9 million).

The Winter Egg has twice held the world record for a Fabergé piece sold at auction — fetching $9.1 million in Geneva in 1994 and $9.6 million in New York in 2002. The current record holder, the Rothschild Egg, achieved $11.9 million at Christie’s London in 2007, a benchmark the Winter Egg is now poised to surpass.

Between 1885 and 1916, the House of Fabergé produced 50 Imperial Easter Eggs, with 43 known to survive today. Most reside in museum collections, while only seven, including the Winter Egg, remain in private hands — making this sale a landmark moment for collectors and historians alike.

Source: DCLA

Monday, 29 September 2025

‘The Mellon Blue’ Diamond Set to Shine at Christie’s Geneva Auction

The Mellon Blue’ Diamond

Christie’s is preparing to present one of the most important diamonds to appear at auction in recent years – The Mellon Blue. Estimated at $20 million to $30 million, the 9.51-carat fancy vivid blue pear-shaped diamond will headline the Geneva Magnificent Jewels sale on 11 November at the Four Seasons Hotel des Bergues.

If it reaches the top of its estimate, The Mellon Blue will once again secure its place among the world’s most valuable fancy blue diamonds.

A Rare and Flawless Gem

This remarkable diamond is graded Internally Flawless, and its vivid colour saturation and elegant pear shape make it one of the finest fancy blue diamonds to come to market this year. It has been mounted at the tip of a diamond-paved swirl ring, highlighting its exceptional fire and brilliance.

Provenance: Bunny Mellon

The diamond takes its name from Rachel “Bunny” Mellon (1910–2014), the renowned American philanthropist, horticulturalist, and art collector. Mellon, who designed the White House Rose Garden for President John F. Kennedy, was equally admired for her refined taste in jewellery.

Her estate sale at Sotheby’s in 2014 achieved an extraordinary $218 million, with the jewellery collection alone fetching more than $45 million. Among the highlights of that auction was this very diamond, then weighing 9.75 carats and sold as the “Zoe Diamond,” which realised $32.6 million – setting world records for both price per carat and overall price for a blue diamond at auction.

Returning to the Public Eye

Now renamed The Mellon Blue in honour of its most celebrated owner, the diamond will be unveiled to the public in Hong Kong (23–28 October) and Geneva (7–11 November) ahead of the sale. Christie’s has also announced that the Geneva auction will feature important jewels by Harry Winston, Cartier, JAR, and Van Cleef & Arpels.

Rahul Kadakia, Christie’s International Head of Jewellery, commented:

“This stunning fancy vivid blue diamond, once belonging to America’s ‘Garden Queen,’ is among the finest coloured diamonds to appear for sale at auction. We look forward with great anticipation to its return.”

The November 11 auction of The Mellon Blue will conclude a week-long series of high-profile jewellery and watch sales in Geneva.

Source: DCLA

Sunday, 22 June 2025

Historic Emerald Necklace Sells for $6.2m

A 275-year-old carved emerald necklace from the Mughal Empire sold for $6.2m, more than double its high estimate, at Christie's New York.

A 275-year-old carved emerald necklace from the Mughal Empire sold for $6.2m, more than double its high estimate, at Christie’s New York.

It is made of five Colombian emeralds, with a combined weight of 1,178.50 carats (8.3oz/235g) on gold and magenta cords.

Three are carved hexagonal – the largest is 470 carat and inscribed “Ahmad Shah Durr-i Durran” (Pearl of Pearls) – and two are carved pear-shaped.

The necklace once belonged to Nader Shah, one of the most powerful rulers in Iranian history, and one-time owner of the Koh-i-Noor diamond.

He seized the necklace after capturing Delhi in 1739 and taking control of the royal treasury of the Mughal Empire, which ruled much of the Indian subcontinent from 1526 to 1857.

The necklace carried a pre-sale estimate of $2m to $3m.

Source: DCLA

Wednesday, 18 June 2025

Historic “Marie-Thérèse Pink Diamond” Fetches Over $13.9 Million at Christie’s

A remarkable piece of royal history captivated the global jewellery market this week. The 10.38-carat “Marie-Thérèse Pink Diamond” achieved more than USD $13.9 million

A remarkable piece of royal history captivated the global jewellery market this week. The 10.38-carat “Marie-Thérèse Pink Diamond” achieved more than USD $13.9 million (including buyer’s premium) at Christie’s New York Magnificent Jewels auction, nearly doubling its high estimate. The hammer price alone reached USD $11.8 million.

This fancy purple-pink, modified kite brilliant-cut diamond boasts not only exceptional rarity and colour but also a royal provenance tracing back through French, Bavarian, and Austrian imperial families. It was most recently set in a ring by renowned Franco-American jewellery artist JAR, further enhancing its artistic and collectible value.

According to Christie’s, the pink diamond is believed to have been part of a group of jewels entrusted by Marie Antoinette to her hairdresser in 1791, just before her attempted escape from Paris. These jewels were later passed to her only surviving child, Duchess Marie Thérèse de Angoulême, and subsequently to her niece, Duchess Marie Thérèse de Chambord.

“Generations later,” Christie’s noted, a will identified Queen Marie Theresa of Bavaria as the next known custodian of the gem, referring to it as “a pink solitaire diamond from Aunt Chambord.” The diamond last appeared at auction in Geneva in 1996, offered by a European royal family member, and had remained out of public view until this recent sale.

The impressive result underscores continued global demand for rare, historically significant coloured diamonds — particularly those with noble provenance.

Monday, 26 May 2025

392 ct Blue Belle Sapphire could Fetch $12m

392 ct Blue Belle Sapphire

The Blue Belle sapphire and diamond necklace is to lead a Christie’s New York sale next month with an estimate of $8m to $12m.

The tassel pendant features a 392.52 carat unheated, cushion modified, mixed-cut sapphire from the famed Ratnapura region of Sri Lanka, together with oval-shaped diamond terminals, and a brilliant-cut diamond neckchain, mounted in gold.

The estimate is well below the $17.6m the piece sold for at Christie’s Geneva when it last changed hands in November 2014.

The sapphire was recovered in 1926 and was sold in 1937 to was sold to British motor magnate Lord Nuffield, founder of Morris Motors.

There were reports at the time that the gem would be gifted to HM Queen Elizabeth the Queen Mother on her coronation day, though this didn’t actually happen.

“Sapphires of this caliber are extraordinarily rare,” said Rahul Kadakia, Christie’s international head of jewelry.

“This remarkable stone must be considered among the most prestigious colored gemstones to appear on the market in many years – truly worthy of any world-class collection.

Among other highlights at the Magnificent Jewels live auction on 17 June, is the Marie-Thérèse Pink Diamond, 10.38-carat kite-shaped fancy purple-pink diamond that is said to have belonged to Marie Antoinette.

It has recently been set into a contemporary ring by the Parisian jeweler Joel Arthur Rosenthal

Source: DCLA

Sunday, 18 May 2025

No Golconda Blue, but Christie’s still Raises $72m

Golconda Blue diamond

Christie’s Geneva sold 100 per cent of lots at its Magnificent Jewels yesterday (14 May) and raised $72.3m – despite the withdrawal of the sale’s main attraction, the 23.24-carat Golconda Blue.

It carried a $35m to $50m estimate and would have been the largest fancy vivid blue diamond ever offered at auction. But consignors pulled the gem with less than three weeks’ notice, saying it would be sold a family member instead.

The new top lot was another blue, an emerald-cut 6.24-carat fancy deep blue diamond (pictured) that was sold to London-based Moussaieff Jewellers for $12.7m. Christie’s said it set an auction record price per carat for a deep blue jewel.

A fancy, vivid blue oval-shaped diamond ring of 3.68 carats set by Graff, sold for $5.8m to Lawrence Graff.

And a private collection of 21 pieces by JAR (Joel Arthur Rosenthal) sold for $7.1m, with a diamond necklace selling for $2.8m, almost five times its pre-sale estimate.

Christie’s said the auction raised $72.3m, with 77 per cent of the 115 lots selling above their high estimate. By comparison, last year’s Magnificent Jewels auction raised $54.2m.

Source: IDEX

Monday, 4 November 2024

Christie’s to Sell Sassoon Family Treasures

Jewelry belonging to the famed Sassoon dynasty is to be sold at auction by Christie's Geneva.

Jewelry belonging to the famed Sassoon dynasty is to be sold at auction by Christie’s Geneva.

Five lots, including an Art Deco Cartier diamond necklace (pictured), will be offered for sale during the Magnificent Jewels event on 12 November.

The Cartier necklace, circa 1935, survived a World War II blast that destroyed the bank where it was being stored. 

Total carat weight is 130 carats to 140 carats, according to the Christie’s catalogue, including round diamonds of 10.58 carats, 7.80 carats and 7.24 carats. Estimate CHF 900,000 to CHF 1.3m ($1m to $1.5m).

The Sassoons were a prominent Jewish family, originally from Baghdad, who made their fortune from the 1830s trading a wide range of commodities to Kolkata, Karachi, China, Japan, Myanmar, and Malaysia. 

Under the stewardship of patriarch David Sassoon (1792 to 1864) they established one of the first international conglomerates.

The Sassoon family went on to become part of Britain’s social, cultural and political elite, and were known for their discerning taste and passion for fine jewelry.

Among the other Sassoon lots is a Cartier ruby and diamond necklace (estimate $250,000 to $300,000) and an Art Deco Colombian emerald and diamond bracelet, circa 1925 (estimate $300,000 to $400,000).

Source: DCLA

Thursday, 4 July 2024

New York Jewelry Auctions Top $70 Million In June, Led By Diamonds

New York Jewelry Auctions

Live jewelry auctions in New York are easily keeping pace with multi-million-dollar watch auctions, and they remain the best venue for large diamonds, gemstones and signed pieces. Sotheby’s Magnificent Jewels sale in June totaled $30,033,900, and Christie’s hit the $44.4 million mark, for a combined haul of over $70 million between the two.

A 14.51-carat sugarloaf cabochon Kashmir sapphire  ring that sold for $1.8 million at Sotheby's in June.
A 14.51 carat sugarloaf cabochon Kashmir sapphire ring that sold for $1.8 million at Sotheby’s

Fancy colored and large flawless diamonds, along with rare specimens of emerald, sapphire and ruby continue to rank in the top 10 lots at most auctions. In the Sotheby’s top 10, the seven highest-selling pieces sold for over $1 million, and the top two lots sold for over $3 million.

The auction was led by a $3.6 million piece of jewelry, a Van Cleef & Arpels necklace. The tassel-tie style long necklace was fully set with several cuts of perfectly matched diamonds in tapered sizes. It was made in 1929, and would be difficult to make or find anywhere today. The second-highest lot was a 53-carat internally flawless diamond, another rare find, especially given than diamond mining is not the prolific activity it once was. It sold for $3,480,000.

For final proof that rarity is the driving value factor at jewelry auctions, the next lots were Kashmir sapphires, the prized velvety blue gems that haven’t been mined in a century—including a 10.31-carat Kashmir sapphire and diamond ring that sold for $1,980,000, and a 14.51-carat sugarloaf cabochon sapphire ring that sold for $1.8 million. Natural pearls, also very rare, are fetching top dollar at auction as well. Among the top 10 at the Sotheby’s sale was a natural pearl, cultured pearl and diamond necklace selling for $552,000along with exquisite pieces from Graff and Harry Winston.

Christie's sold the the Eden Rose, a 10.2-carat fancy intense pink diamond for $13.3 million.
Christie’s sold the the Eden Rose, a 10.2-carat fancy intense pink diamond for $13.3 million. 
This 2.28-carat vivid blue heart shaped diamond ring, surrounded by yellow and white diamonds, sold for $2,107,000 a Christie's.
This 2.28-carat vivid blue heart shaped diamond ring, surrounded by yellow and white diamonds

Phillips, which has for several years been the leading auction house when it comes to watches, also started holding live jewelry auctions this year. It got off to a good start in June with a New York sale that totaled $2.8 million. Leading the auction was a 9.81-carat emerald and diamond ring, which doubled its estimate at $165,000. A pair of diamond ear clips sold for $165,100, and a Cartier gold and diamond necklace designed as an undulating fringe sold for $146,050. The sale also included pieces from Van Cleef & Arpels, Cartier, and Bulgari and Oscar Heyman.

Leading the Phillips auction was a 9.81-carat emerald and diamond ring, which doubled its estimate at $165,000.
Leading the Phillips auction was a 9.81-carat emerald and diamond ring, which doubled its estimate.

Source: DCLA

Thursday, 13 June 2024

The 10.2-Carat ‘Eden Rose’ Fancy Pink Diamond Fetches $13.3 Million

The 10.2-Carat ‘Eden Rose’ Fancy Pink Diamond Fetches $13.3 Million

Fancy colored diamonds made their mark at Christie’s Magnificent Jewels sale, held Tuesday in New York.

The top lot of the sale was “The Eden Rose,” a 10.2-carat internally flawless round brilliant fancy intense pink diamond. It sold for $13.3 million, beating its $12 million high estimate. Chrsitie’s said the diamond exhibits a pure pink hue, unlike many natural pink diamonds that typically display secondary hues such as purple, orange or gray. “The Eden Rose stands out for its complete absence of any secondary color, rendering it exceptionally rare,” Christie’s said in a statement prior to the auction.

The New York Magnificent Jewels sale achieved a total of $44.4 Million, with 90% of the 144 lots sold. The auction featured an array of diamonds, notable colored gemstones and pearl jewelry, and jewels from important houses such as Bulgari, Cartier, Tiffany & Co. and Van Cleef & Arpels. The sale is part of Christie’s “Luxury Week” of auctions being held this week.

“Collectors participated actively in all areas of the sale, paying strong prices for rare colored gemstones and natural pearls in particular,” said Rahul Kadakia, Christie’s international head of Jewelry.

Read full article: Forbes

Monday, 25 March 2024

Christie’s Jewels Online Sale Rakes In Nearly $14M

Christie’s Jewels Online Sale Rakes In Nearly $14M

A Kashmir sapphire and diamond ring was the top seller at the most recent online jewelry sale at Christie’s, fetching $856,800, nearly double its high estimate.

The piece, which contains a cushion mixed-cut, 8.19-carat sapphire flanked by trapezoid-shaped diamonds, carried a presale price range of $300,000 to $500,000 at the March 11 to 21 Jewels Online auction, Christie’s said last week. It was offered without reserve. In total, the sale garnered $13.5 million, with 97% of items finding buyers.

Jewelry with sapphires and emeralds performed well, as did diamonds from iconic brands, including Harry Winston, Cartier and Bulgari.

Here are the rest of the top 10 pieces at the auction:

Christie’s Jewels Online Sale Rakes In Nearly $14M
A pear brilliant-cut, 17.09-carat, D-color, VVS2-clarity diamond ring by Harry Winston brought in $819,000, within its $700,000 to $1 million price range.
Christie’s Jewels Online Sale Rakes In Nearly $14M
This Cartier necklace features a cushion brilliant-cut, 10.08-carat, D-color, VVS1-clarity diamond that is potentially internally flawless. The piece sold for $604,800, within its estimate.
Christie’s Jewels Online Sale Rakes In Nearly $14M
Christie’s sold this pair of Bulgari earrings consisting of two round brilliant-cut, D-color, VVS2-clarity diamonds weighing 5.08 and 5.05 carats for $428,400, within its presale price range.
Christie’s Jewels Online Sale Rakes In Nearly $14M
A ring bearing a round brilliant-cut, 1.13-carat, fancy-blue, VS2-clarity diamond center stone with additional baguette-cut sapphires and diamonds fetched $403,200, surpassing its $250,000 high estimate.
Christie’s Jewels Online Sale Rakes In Nearly $14M
This emerald-cut, 10.07-carat, G-color, VVS1-clarity diamond ring was offered without reserve. The jewel, which has the potential to be internally flawless, went for $378,000, above its $350,000 upper price tag.
Christie’s Jewels Online Sale Rakes In Nearly $14M
A ring bearing a rectangular emerald-cut, 22.97-carat Colombian emerald with diamond brackets garnered $315,000, more than five times its $60,000 high estimate.
Christie’s Jewels Online Sale Rakes In Nearly $14M
This necklace by Calvin French features rectangular and square emerald-cut emeralds weighing approximately 58 to 60 carats combined, and 29 round diamonds totaling about 36 to 38 carats. It sold for $277,200, just below its lower price.
Christie’s Jewels Online Sale Rakes In Nearly $14M
A Bulgari bracelet with 14 emeralds totaling about 25 carats and 14 diamonds weighing approximately 12.5 carats brought in $277,200, smashing its $150,000 high estimate.
Christie’s Jewels Online Sale Rakes In Nearly $14M
An oval brilliant-cut, 10.01-carat, fancy-intense-yellow, VVS1-clarity diamond ring raked in $226,800, more than double its $100,000 upper price tag.

Source: DCLA

Zimbabwe Pushes for Higher Diamond Output Despite Global Market Pressures

  Zimbabwe is aiming to increase diamond production to 5 million carats in 2026 through its state owned miner, the Zimbabwe Consolidated Dia...