Christie's sells rare blue diamond for over $40m USD

The 17.61 carat, pear-shaped Bleu Royal diamond, set in a ring, fetched $43.8 million, they said.

It is the “largest internally flawless fancy vivid blue gem” ever to appear for sale in auction history, Christie’s said.

Part of a private collection for 50 years, it was the first time the Bleu Royal was sold at an auction.

“This diamond is amongst the rarest to have been unearthed,” the auction house said in a statement.

Christie’s said only three fancy vivid blue diamonds over 10 carats had appeared for sale in its 250-year auction history, in 2010, 2014 and 2016.

Source: DCLA

Three exceptional diamonds sell at auctions.

The first a heart shaped gem was a 5.04 carat fancy vivid blue heart modified brilliant cut diamond with VS2 clarity. The stone is mounted on a platinum ring flanked by two pear-shaped diamonds. It achieved more than $10.5 million USD, making it the top lot at the Sotheby’s auction.

The second was a 4.49 carat heart modified brilliant cut, internally flawless, fancy vivid pink diamond. It’s mounted on an 18k white gold ring flanked by pear shaped diamonds. It achieved more than $8.1 million USD. at the high end of its estimate, making it the number three lot of the sale.

The buyer or buyers for both lots is unknown at this time and there is no indication whether a single person purchased both fancy colored diamonds.

A 12.11-carat fancy intense blue diamond sold for $15.9 million CHRISTIE’S

A 12.11 carat fancy intense blue diamond sold for $15.9 million USD at Christie’s Hong Kong Magnificent Jewels auction. The internally flawless marquise shaped, brilliant cut gem was sold during a long, drawn out bidding process that was gradually narrowed down to two phone bidders, as seen through the auction house’s live stream.

It blew past its $12.3 million high estimate with a hammer price of $13.6 million which doesn’t include the buyer’s premium. The price per carat was $1.31 million.

Source: DCLA

Three exceptional diamonds sell at auctions.

The first a heart shaped gem was a 5.04 carat fancy vivid blue heart modified brilliant cut diamond with VS2 clarity. The stone is mounted on a platinum ring flanked by two pear-shaped diamonds. It achieved more than $10.5 million USD, making it the top lot at the Sotheby’s auction.

The second was a 4.49 carat heart modified brilliant cut, internally flawless, fancy vivid pink diamond. It’s mounted on an 18k white gold ring flanked by pear shaped diamonds. It achieved more than $8.1 million USD. at the high end of its estimate, making it the number three lot of the sale.

The buyer or buyers for both lots is unknown at this time and there is no indication whether a single person purchased both fancy colored diamonds.

A 12.11-carat fancy intense blue diamond sold for $15.9 million CHRISTIE’S

A 12.11 carat fancy intense blue diamond sold for $15.9 million USD at Christie’s Hong Kong Magnificent Jewels auction. The internally flawless marquise shaped, brilliant cut gem was sold during a long, drawn out bidding process that was gradually narrowed down to two phone bidders, as seen through the auction house’s live stream.

It blew past its $12.3 million high estimate with a hammer price of $13.6 million which doesn’t include the buyer’s premium. The price per carat was $1.31 million.

Source: DCLA

No Buyer for 3ct. Blue Diamond at Sotheby’s

A 3.01-carat, fancy-vivid-blue diamond ring, carrying a high estimate of $6.3 million was among a number of headline items that failed to find buyers at Sotheby’s Geneva auction.

Sotheby’s withdrew the stone from Tuesday’s Magnificent Jewels and Noble Jewels Part II at the request of the consigner, it told Rapaport News Wednesday. The sale, which achieved a total of $12.4 million, was the auction house’s first live event since the onset of the coronavirus pandemic, and followed Part I, which took place online.

An oval-shaped, 21.56-carat, D-color, VVS1-clarity diamond ring by Lorraine Schwartz, valued at $1.5 million to $2 million, also went unsold. Other colored diamonds were not purchased, including a duet ring set with a pear-shaped, 3.03-carat, fancy-intense-blue diamond and a pear-shaped, 2.82-carat, D-color, VVS1-clarity diamond, as well as a step-cut, fancy-vivid-yellow diamond ring weighing 16.43 carats.

Meanwhile, the top-selling lot at the sale was a marquise-shaped, 7-carat, fancy-intense-pink diamond ring, which was auctioned for the first time after spending 30 years in a private collection. The piece sold for $2.8 million, within its $2.4 million to $3.4 million estimate.

Other notable items included a pear-shaped, 5.29-carat, fancy-grey-blue diamond ring, which garnered $2.1 million, beating its $1.2 million high estimate. A pair of cushion-shaped, D-color, VVS2-clarity diamond earrings, weighing 13.50 carats and 13.52 carats, fetched $1.5 million against an estimate of $1.2 million to $1.8 million.

Sapphires also proved popular, with a cushion-shaped, 105.89-carat ring going for $1.7 million, more than double its $670,000 high estimate. A cushion-shaped, 16.11-carat sapphire ring bracketed by diamonds also sailed past its $490,000 upper valuation, achieving $524,000.

Source: Diamonds.net

No Buyer for 3ct. Blue Diamond at Sotheby’s

A 3.01-carat, fancy-vivid-blue diamond ring, carrying a high estimate of $6.3 million was among a number of headline items that failed to find buyers at Sotheby’s Geneva auction.

Sotheby’s withdrew the stone from Tuesday’s Magnificent Jewels and Noble Jewels Part II at the request of the consigner, it told Rapaport News Wednesday. The sale, which achieved a total of $12.4 million, was the auction house’s first live event since the onset of the coronavirus pandemic, and followed Part I, which took place online.

An oval-shaped, 21.56-carat, D-color, VVS1-clarity diamond ring by Lorraine Schwartz, valued at $1.5 million to $2 million, also went unsold. Other colored diamonds were not purchased, including a duet ring set with a pear-shaped, 3.03-carat, fancy-intense-blue diamond and a pear-shaped, 2.82-carat, D-color, VVS1-clarity diamond, as well as a step-cut, fancy-vivid-yellow diamond ring weighing 16.43 carats.

Meanwhile, the top-selling lot at the sale was a marquise-shaped, 7-carat, fancy-intense-pink diamond ring, which was auctioned for the first time after spending 30 years in a private collection. The piece sold for $2.8 million, within its $2.4 million to $3.4 million estimate.

Other notable items included a pear-shaped, 5.29-carat, fancy-grey-blue diamond ring, which garnered $2.1 million, beating its $1.2 million high estimate. A pair of cushion-shaped, D-color, VVS2-clarity diamond earrings, weighing 13.50 carats and 13.52 carats, fetched $1.5 million against an estimate of $1.2 million to $1.8 million.

Sapphires also proved popular, with a cushion-shaped, 105.89-carat ring going for $1.7 million, more than double its $670,000 high estimate. A cushion-shaped, 16.11-carat sapphire ring bracketed by diamonds also sailed past its $490,000 upper valuation, achieving $524,000.

Source: Diamonds.net

8ct. Bulgari Blue Diamond to Lead Christie’s New York

A Bulgari diamond ring will be the top lot at next month’s Christie’s New York auction, with a presale estimate of $13 million to $18 million.

The cushion-cut, 8.08-carat, fancy-vivid-blue piece will go under the hammer at the Magnificent Jewels sale on December 5, the auction house said last week.

The stone is one of a number of colored diamonds on offer, including a heart-shaped, 15.56-carat, fancy-intense-pink diamond-pendant necklace estimated at $9.5 million to $12 million.

Christie’s will also offer a pair of earrings weighing a combined 77.71 carats from the 187.7-carat Diavik Foxfire, North America’s largest known gem-quality rough diamond.

The earrings are valued at $1 million to $3 million, with the buyer getting something extra for the money: a trip to the Diavik diamond mine in Canada’s Northwest Territories, where Rio Tinto unearthed the stone in 2015.

Other notable lots include a 28.70-carat, D-color, VVS2-clarity, type IIa diamond ring from the estate of art collector Lee Vandervelde. Proceeds from the piece, estimated at $1.5 million to $2.5 million, will benefit the Los Angeles-based Children’s Hospital and Children’s Institute.

An Old European-cut, 15.19-carat, D-color, internally flawless diamond ring will also go under the hammer with a presale estimate of $1.5 million to $1.8 million.

An 8.09-carat fancy-vivid-yellow diamond ring by Gillot & Co. will also be up for auction, as will signed pieces from Bulgari, Cartier, Harry Winston, Tiffany & Co., Van Cleef & Arpels, Suzanne Belperron and René Boivin.
The auction house will preview the jewels between November 30 and December 4, ahead of the sale.

Image: The 8.08-carat Bulgari blue diamond ring. (Christie’s)

Source: DCLA

8ct. Bulgari Blue Diamond to Lead Christie’s New York

A Bulgari diamond ring will be the top lot at next month’s Christie’s New York auction, with a presale estimate of $13 million to $18 million.

The cushion-cut, 8.08-carat, fancy-vivid-blue piece will go under the hammer at the Magnificent Jewels sale on December 5, the auction house said last week.

The stone is one of a number of colored diamonds on offer, including a heart-shaped, 15.56-carat, fancy-intense-pink diamond-pendant necklace estimated at $9.5 million to $12 million.

Christie’s will also offer a pair of earrings weighing a combined 77.71 carats from the 187.7-carat Diavik Foxfire, North America’s largest known gem-quality rough diamond.

The earrings are valued at $1 million to $3 million, with the buyer getting something extra for the money: a trip to the Diavik diamond mine in Canada’s Northwest Territories, where Rio Tinto unearthed the stone in 2015.

Other notable lots include a 28.70-carat, D-color, VVS2-clarity, type IIa diamond ring from the estate of art collector Lee Vandervelde. Proceeds from the piece, estimated at $1.5 million to $2.5 million, will benefit the Los Angeles-based Children’s Hospital and Children’s Institute.

An Old European-cut, 15.19-carat, D-color, internally flawless diamond ring will also go under the hammer with a presale estimate of $1.5 million to $1.8 million.

An 8.09-carat fancy-vivid-yellow diamond ring by Gillot & Co. will also be up for auction, as will signed pieces from Bulgari, Cartier, Harry Winston, Tiffany & Co., Van Cleef & Arpels, Suzanne Belperron and René Boivin.
The auction house will preview the jewels between November 30 and December 4, ahead of the sale.

Image: The 8.08-carat Bulgari blue diamond ring. (Christie’s)

Source: DCLA