Christie’s Garners $46M from Hong Kong Sale

 Christie’s Garners $46M from Hong Kong Sale

 

                     Rivière diamond necklace

A rivière diamond necklace was the top seller at Christie’s Magnificent Jewels in Hong Kong on Monday, bringing in $5.9 million.

The sale price for the piece, which features 52 round brilliant-cut, D-flawless and internally flawless diamonds weighing a total of 104.84 carats, was within estimates. In total, the November 28 auction achieved $46.2 million, with 50% of the jewels on offer exceeding their high estimates, Christie’s said Monday.

The company sold 86% of available lots, or 82% by value, and drew global participation from 21 countries across three continents.

The auction also included a collection of jewels from Hong Kong actress Rosamund Kwan, which fetched a combined total of $11.1 million. The two leading lots from that sale saw heavily competitive bidding, lasting over 15 minutes, Christie’s noted. The top item in the group was a necklace featuring a pear brilliant-cut, 22.18-carat, D-color, VVS1-clarity diamond pendant with rubies and pink diamonds, which went for $2.1 million, within estimates.

Here are the rest of the top five:

A jadeite, diamond and sapphire necklace by Etcetera sold for $2.8 million against a presale estimate of $2.6 million to $3.8 million.

This cushion modified brilliant-cut, 60.79-carat, fancy-vivid-yellow, VS2-clarity diamond ring brought in $2.7 million, in the middle of its $2.3 million to $3.6 million presale range.

A round brilliant-cut, 19.61-carat, D-flawless, type IIa diamond ring exceeded its $1.7 million to $2.3 million presale estimate, bringing in $2.4 million.

This oval-cut, 5.32-carat Burmese pigeon’s blood ruby ring with pear-shaped diamonds by Cartier Paris achieved $2.1 million, within its expected range of $1.9 million to $2.3 million.

Source: DCLA

'The Rock,' the largest white diamond ever auctioned, sells for $21.9 million

                            

he largest white diamond to ever come up for auction has been sold for $21.9 million USD at Christie’s in Geneva.
The 228.31-carat, pear shaped gemstone dubbed “The Rock” originated from South Africa, where some of the largest diamonds in the world have been found, including the pear-shaped “Star of Africa” and rose cushion cut “Golden Jubilee.”
“The Rock” is about the size of a golf ball and was previously worn as a lavish Cartier necklace by its former owner. Along with the pear-shaped stone, the new owner will also receive a round diamond and platinum pendant mounting from the French luxury brand.
World’s largest blue diamond to come to auction has sold for $57.5 million
Ahead of the sale, the head of Christie’s jewelry department in Geneva, Max Fawcett, explained why “The Rock” is a particularly unique stone.
“Often with these largest stones, they sacrifice some of the shape in order to keep the weight,” he told Reuters. “This is a perfectly symmetrical pear-shape form and… one of the rarest gems ever to be sold at auction.”

Source: DCLA

54ct. Diamond Crushes Estimate at Christie’s

 54ct. Diamond Crushes Estimate at Christie’s

The 54.03-carat Chrysler Diamond necklace was among the top sellers at the Christie’s Magnificent Jewels sale in New York, bringing in $5.1 million.

The pear-shaped, D-color, internally flawless stone was originally purchased by Harry Winston in 1958 from the estate of Thelma Chrysler Foy, the daughter of railroad and automotive executive Walter Chrysler. The necklace beat its high estimate of $4.5 million at the June 8 auction, which garnered $26.6 million in total, Christie’s said Tuesday.

Also headlining the sale was the Dancing Sun, a cushion modified brilliant-cut, 204.36-carat, fancy-intense-yellow, VVS2-clarity diamond, the largest originating in North America. The stone sold for $5 million, near the upper end of its valuation.

The Flawless Match, a ring featuring a pear-shaped, 2.52-carat, fancy-vivid-blue diamond and a pear-shaped, 2.43-carat, D-color, internally flawless, type IIa diamond, fetched $2.9 million, within its estimate. Meanwhile, a collection of 19 jewels by JAR, the largest selection of the designer’s pieces offered at auction, went for a total of $5.9 million. That set was led by a diamond bracelet called Branch Under Snow, which achieved $1.9 million, more than three times its high estimate.

The auction house sold 87% of items at the event. Before the live sale, it also held a Jewels Online auction that raked in $3.5 million, with 97% of lots finding buyers.

Source: DCLA

54ct. Diamond Crushes Estimate at Christie’s

 54ct. Diamond Crushes Estimate at Christie’s

The 54.03-carat Chrysler Diamond necklace was among the top sellers at the Christie’s Magnificent Jewels sale in New York, bringing in $5.1 million.

The pear-shaped, D-color, internally flawless stone was originally purchased by Harry Winston in 1958 from the estate of Thelma Chrysler Foy, the daughter of railroad and automotive executive Walter Chrysler. The necklace beat its high estimate of $4.5 million at the June 8 auction, which garnered $26.6 million in total, Christie’s said Tuesday.

Also headlining the sale was the Dancing Sun, a cushion modified brilliant-cut, 204.36-carat, fancy-intense-yellow, VVS2-clarity diamond, the largest originating in North America. The stone sold for $5 million, near the upper end of its valuation.

The Flawless Match, a ring featuring a pear-shaped, 2.52-carat, fancy-vivid-blue diamond and a pear-shaped, 2.43-carat, D-color, internally flawless, type IIa diamond, fetched $2.9 million, within its estimate. Meanwhile, a collection of 19 jewels by JAR, the largest selection of the designer’s pieces offered at auction, went for a total of $5.9 million. That set was led by a diamond bracelet called Branch Under Snow, which achieved $1.9 million, more than three times its high estimate.

The auction house sold 87% of items at the event. Before the live sale, it also held a Jewels Online auction that raked in $3.5 million, with 97% of lots finding buyers.

Source: DCLA