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:

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.
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 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.
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.
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.
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.
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.
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.
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: Rapaport

Christie’s Nixes Final Sale of Heidi Horten Jewels

Christie’s has canceled its fourth sale of jewelry belonging to Austrian billionaire Heidi Horten following controversy over her late husband’s connection to the Nazi party.

“Christie’s has taken the decision not to proceed with further sales of property from the estate of Heidi Horten,” Anthea Peers, president of Christie’s for Europe, the Middle East and Africa (EMEA), told Rapaport News Sunday.

The auction house held three previous sales despite an outcry from parts of the industry. The first, which took place live in Geneva on May 8, included 96 items and brought in $155.6 million, a record for a single collection. Christie’s offered 152 lots on May 10, garnering $42.4 million, while an online sale between May 3 and 15 fetched $4.2 million. The final sale was to have featured 300 pieces.

Although Christie’s donated a “significant portion” of its commission to charity, the gesture did not satisfy many in the industry, who felt the company should not have hosted the sales. The opposition included the World Federation of Diamond Bourses (WFDB), which wrote a letter to the auction house calling the sale “appalling” and asking for assurances that if Christie’s were to proceed, it would expect a major portion of the proceeds to go to Holocaust-related charities. However, many of those organizations, including the Yad Vashem Holocaust memorial, refused the donations.

“The sale of the Heidi Horten jewelry collection has provoked intense scrutiny, and the reaction to it has deeply affected us and many others, and we will continue to reflect on it,” Peers added.

Source: Diamonds.net

$35M Pink Diamond Pulled from Christie’s Sale

The 13.15 carat pink diamond

A 13.15 carat pink diamond will no longer be available at the upcoming Christie’s Magnificent Jewels auction in New York.

The emerald-cut, fancy vivid pink, VVS1 clarity stone, which carried a price estimate of $25 million to $35 million, was poised to be the December 6 sale’s showcase piece. Christie’s described the diamond as one of the largest of its kind to appear at auction.

“Christie’s confirms that the fancy vivid pink diamond ring has been withdrawn from sale in New York on December 6,” a spokesperson said. The company declined to comment further or provide a reason.

The item was scheduled to appear on display in Hong Kong on Friday. The removal was “very surprising,” said one colored diamond dealer in the municipality.

Colored diamonds have had a mixed season at auction. On November 8, the 18.18-carat Fortune Pink fetched CHF 28.4 million ($28.9 million) at Christie’s Geneva, toward the lower end of its presale estimate. The following day, a 5.53 carat diamond from the De Beers Exceptional Blue Collection failed to find a buyer at a Sotheby’s auction in the Swiss city.

With the 13.15 carat pink off the list, the top remaining item at the Magnificent Jewels sale is a pear modified brilliant cut, 31.62 carat, fancy blue diamond pendant with a price estimate of $10 million to $15 million.

Source: Diamonds.net

41ct. Diamond Could Fetch Up to $5M at Christie’s

41.36-carat Graff diamond ring
The 41.36-carat Graff diamond ring

Christie’s will offer a 41.36-carat Graff diamond ring at its upcoming Geneva auction, predicting it could sell for up to CHF 5 million ($5 million).

The square emerald-cut, D-color, VVS1-clarity diamond, which is potentially internally flawless, is one of the top items set to go under the hammer at the November 8 Magnificent Jewels auction, Christie’s said last week.

Several other diamonds will also take center stage, including an unmounted modified shield brilliant-cut, 101.27-carat, F-color, VVS1-clarity diamond. That stone carries a high estimate of CHF 3.5 million ($3.5 million). A pair of Art Deco modified pear brilliant-cut diamond earrings by designer Henri Picq will also be up for sale. The set, featuring one 15.39-carat, D-color, VS1-clarity diamond and one 14.85-carat, D-color, VS2-clarity stone, has an upper price tag of CHF 2.5 million ($2.5 million).

Other notable items include a cushion brilliant-cut, 20.08-carat, F-color, flawless diamond ring, estimated at up to CHF 1.5 million ($1.5 million). A pear brilliant-cut, 14.19-carat, D-color, internally flawless diamond ring has a high price of CHF 1.2 million ($1.2 million).

Those stones will join the Fortune Pink, a pear-shaped, 18.18-carat, fancy-vivid-pink diamond. The gem, which Christie’s claims is the largest of its cut and color to be offered at auction, is expected to bring in up to CHF 35 million ($35.1 million). The sale will also showcase royal jewels from the Bourbon Parma family and from the Thurn and Taxis family.

Source: Diamonds.net

Christie’s to Auction $18M D-Flawless Diamond

The Light of Africa diamond

Christie’s will offer a 103.49-carat diamond that could fetch up to $18 million at its upcoming New York sale.

The emerald-cut, D-Flawless, type IIa stone, called the Light of Africa diamond, will headline the auction house’s Magnificent Jewels sale on June 8, it said Monday. It will be among the items featured as part of Christie’s luxury week.

The diamond was cut from a 299.3-carat rough Petra Diamonds recovered from its Cullinan mine in South Africa in January 2021. Petra then sold the diamond to Dubai-based diamond-sourcing and supply company Stargems DMCC in March of that year for $12.18 million. It is the third-largest high-quality white diamond recovered from Cullinan since Petra acquired it in 2008, the miner noted.

Christie’s will preview the diamond in Geneva from May 6 to 11, followed by Hong Kong from May 22 to 24, before showing it in New York between June 3 and 7.

Source: Diamonds.net

54ct. Diamond Crushes Estimate at Christie’s

The Chrysler Diamond necklace

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: Diamonds.net

The Largest Diamond Ever Mined in North America up for Auction

204.36-carat “Dancing Sun” fancy intense yellow diamond

A 204.36 carat fancy yellow diamond hits the block at the Christie’s Magnificent Jewels auction on June 8 in New York City. The Dancing Sun, with an estimate of $3.5 million to $5.5 million, is the largest polished diamond ever mined in North America.

It was cut from a piece of rough weighing 552.74 carats. Six smaller diamonds were cut from the same rough, ranging from 14.52 to 1.06 carats, and are also included in the sale. All six are set into rings. The rough diamond came from the Diavik Diamond Mine, the second to open following the great Canadian diamond rush of the 1990s.

The previous record for the largest known gem quality rough ever mined in North America was the 187.66 carat Foxfire rough, also mined at Diavik. It was cut into several gems, including a pair of pear shapes weighing 37.87 and 36.80 carats, auctioned at Christie’s New York in December 2018 for $1.5 million.

Largest ever Russian diamond to be auctioned at Christie’s

100.94 carat D colour, internally flawless,
christies,
100.94 carat D colour, internally flawless rectangular step-cut diamond

Alrosa Spectacle, a 100.94 carat diamond that is thought to be the largest ever cut in Russia, will be auctioned in Geneva later this month.

The diamond could fetch between 12 million and 18 million Swiss francs ($13.32 million – $19.96 million) when it goes under the hammer at Christie’s May 12.

“This fantastic 100 carat D color diamond was cut from a rough stone that originally weighed more than 200 carats. It was called the Sergei Diaghilev rough diamond and it was mined in 2016,” Marie-Cecile Cisamolo, a specialist in the auction house’s jewelry department, said.

“Between the rough and diamond that we’re offering today, it took one year and eight months to cut into this perfect stone.”

The diamond is one of 144 lots on offer in the sale, which also includes rings, earrings, brooches and other pieces made with diamonds, sapphires and rubies.

Source: dailysabah

Christie’s to Auction $12M Pink Diamond Ring

15.23-carat pink diamond

A fancy-intense-pink diamond ring with a high estimate of CHF 11 million ($12 million) is set to feature in the Magnificent Jewels sale at Christie’s Geneva.

The oval-shaped, 15.23-carat piece, surrounded by diamonds, will be offered alongside the 100.94-carat Alrosa Spectacle diamond at the May 12 auction, Christie’s said last week.

Other notable items include a heart-shaped, 53.33-carat, D-color, VVS1-clarity, type IIa diamond pendant with a high valuation of CHF 3 million ($3.3 million). A pear-shaped, 141.22-carat, fancy-brown-yellow diamond set in a diamond necklace is also on offer, carrying a high estimate of CHF 2.8 million ($3.1 million).

Meanwhile, a ring featuring a 47-carat, cushion-shaped old mine Colombian emerald surrounded by diamonds will go under the hammer. The jewel, which is from an important private collection, carries a high presale estimate of CHF 1.6 million ($1.7 million).

Christie’s will also sell a rectangular cut-cornered, 8.06-carat, fancy-purplish-pink, VVS2-clarity diamond ring bracketed by tapered baguette-cut diamonds. The piece, created by Boucheron, has a high valuation of CHF 1.5 million ($1.6 million).

Christie’s will preview the items from May 8. The sale will also feature an online component, which will be open for bidding between April 29 and May 10.

Source: Diamonds.net

Christie’s Gets Colorful with New York Auction

The three Perfect Palette diamonds

Three rings featuring diamonds with fancy-vivid color will head up the Christie’s Magnificent Jewels auction in New York next month.

The trio of jewels, called the Perfect Palette, comprises a 2.13-carat, fancy-vivid-blue diamond ring, estimated at $2 million to $3 million, Christie’s said Tuesday. Also included are a 2.34-carat, fancy-vivid-orange diamond ring and a 2.17-carat, fancy-vivid-purplish-pink diamond ring, both with a high valuation of $2.5 million. Each will be offered as a separate lot at the April 13 sale, the auction house added.

Other notable items are two oval modified brilliant-cut diamonds. The first — a 25.55-carat, fancy-vivid-yellow, VS1-clarity diamond ring — has a high estimate of $1.2 million, while the 6.56-carat, fancy-intense-orangey-pink, VVS1-clarity diamond ring carries an upper valuation of $1 million.

An oval mixed-cut, 3.02-carat, fancy-vivid-purplish-pink, SI2-clarity diamond ring, set with round pink diamonds on the band, is estimated at up to $1.5 million. Christie’s will offer that piece without reserve.

Meanwhile, a pear brilliant-cut, 38.04-carat, D-flawless, type IIa diamond ring with a high estimate of $3.5 million will feature as a top lot. An emerald-cut, 14.50-carat, D-color, internally flawless, type IIa diamond valued at up to $1 million is also up for sale, as are signed pieces by designers Suzanne Belperron, Bulgari, Cartier, David Webb, Harry Winston, Van Cleef & Arpels, and Verdura.

Christie’s will hold a concurrent Online Jewels auction from April 8 to 20, featuring a selection of items from Bulgari, Cartier and Elsa Peretti for Tiffany & Co., among others. The auction house has not decided whether it will hold an in-person sale or conduct live bidding over the phone and online, a spokesperson told Rapaport News.

Source: diamonds.net