10.20-Carat ‘Eden Rose’ Diamond Could Fetch $12 Million At Christie’s

Christie’s will offer “The Eden Rose,” a 10.20-carat round brilliant fancy intense pink diamond, as the top lot of its New York Magnificent Jewels auction on June 11. Its estimate is $9 million to $12 million. It is the first time this diamond has appeared at auction.

The Gemological Institute of America report supplied by Christie’s states that the diamond is also internally flawless.

Describing it as an “exceptionally rare gemstone,” Christie’s says the gem, named after the symbol for unconditional love, it is the most significant round brilliant internally flawless fancy intense pink diamond to be offered at auction since the “Martian Pink,” which sold at Christie’s Hong Kong in 2012 for $17.4 million, equating to $1.45 million per carat.

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.

Rahul Kadakia, Christie’s International head of Jewelry, said in a statement that he is “anticipating significant interest from around the world.”

Christie’s says the round brilliant cut is known for its ability to maximize light reflection and is considered the ideal cut for diamonds.

The Eden Rose is mounted on a ring further adorned with eight brilliant-cut diamonds, ranging in weight from 3.11 to 0.73 carats, and two marquise brilliant-cut diamonds of 2.24 and 1.02 carats.

Source: Forbes

Christie’s Garners $46M from Hong Kong Sale

Rivière diamond necklace
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: 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

$15M Blue Diamond to Hit Christie’s Auction Block

31.62-carat, blue diamond pendant

A blue diamond pendant will be among the headliners in next month’s Christie’s sale in New York, where it is expected to bring in up to $15 million.

The pear modified brilliant-cut, 31.62-carat, fancy-blue stone, surrounded by white and pink diamonds, is potentially internally flawless, Christie’s said Tuesday. A pear brilliant-cut, 86.64-carat, D-color, VVS1-clarity diamond pendant will join it at the December 6 Magnificent Jewels sale. That piece, which hangs from a chain of 78 diamonds between 0.50 and 2.50 carats, is estimated at $5 million to $7 million.

Other notable items include a torque bangle bracelet bearing a heart brilliant-cut, 50.05-carat, D-color, internally flawless diamond, with a presale price of $3.7 million to $4.5 million.  A modified pear double rose-cut, 5-carat, fancy-vivid-blue diamond ring has an upper estimate of $4 million and no reserve. An oval brilliant-cut, 51.60-carat, G-color, VS2-clarity diamond ring carries a high price of $2.8 million.

Christie’s will also offer an unmounted modified pear brilliant-cut, 104.04-carat, fancy-intense-yellow diamond. That jewel has an upper estimate of $2.5 million, as does a round-cornered square brilliant-cut, 107.46-carat, fancy-yellow diamond brooch by Graff. Meanwhile, an emerald-cut, 13.75-carat, fancy-vivid-yellow, internally flawless diamond ring by De Beers and an oval brilliant-cut, 2.21-carat, fancy-intense-blue diamond ring are set to fetch up to $1.8 million each.

Those items join the star of the show: An emerald-cut, 13.15-carat, fancy-vivid-pink diamond ring that Christie’s expects will fetch up to $35 million at the auction.

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

103ct. Flawless Diamond Fetches $20M at Christie’s

The Light of Africa diamond

A diamond weighing more than 100 carats smashed its high estimate at Christie’s New York Wednesday, raking in $20 million.

The emerald-cut, 103.49-carat, D-flawless, type IIa Light of Africa was the star of the Magnificent Jewels auction, surpassing its $18 million presale upper price tag. The stone is the fifth most-valuable colorless diamond Christie’s has ever offered, it said Thursday. It was crafted by Dubai-based manufacturer Stargems, from a 299.3-carat rough unearthed at Petra Diamonds’ Cullinan mine in South Africa. Stargems bought the stone for $12.2 million in 2021.

In total, the sale garnered $48.9 million, with 95% of the items on offer finding buyers.

“The Magnificent Jewels auction…rounded off an incredible sale season with solid results worldwide,” said Rahul Kadakia, international head of jewelry for Christie’s. “The 103.49-carat Light of Africa diamond achieved an incredible $195,000 per carat, demonstrating the strength of the diamond market at the highest levels.”

Source: Diamonds.net

‘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.”

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

Marie Antoinette Diamonds Shatter Estimate

Marie Antoinette Diamond Bracelet

Two diamond bracelets belonging to Marie Antoinette more than doubled their high estimate at a recent Christie’s auction in Geneva.

The set, made by Boehmer in 1776 and passed down through Marie Antoinette’s family for 250 years, fetched $8.2 million at Tuesday’s Magnificent Jewels sale, Christie’s said. That figure is the second-highest price for a jewel owned by the French queen and the highest price ever garnered for one of her diamond pieces. In 2018, Sotheby’s sold a natural-pearl and diamond pendant belonging to Marie Antoinette for $36.2 million against its $2 million high estimate.

In total, the November 9 auction raked in $59 million, with 11 lots fetching more than $1 million.

Other notable items sold at the auction include a pear brilliant-cut, 55.50-carat, D-color, potentially internally flawless diamond, which went for $5.3 million, or $95,700 per carat, at the high end of its estimate. A cushion-shaped Burmese ruby and diamond brooch by Van Cleef & Arpels brought in $4.6 million at the auction, smashing its CHF 600,000 ($656,756) upper valuation.

An oval brilliant-cut, 43.19-carat, D-color, internally flawless diamond ring garnered $3.6 million, representing $83,000 per carat — within estimates. A rectangular-cut, 42.98-carat, fancy-vivid-yellow diamond fetched $3.1 million, in the middle of its presale valuation, while a fancy-light-pink and colorless diamond brooch by Harry Winston hammered for $2.3 million, just over its lower estimate.

However, a ring featuring a heart modified brilliant-cut, 6.75-carat, fancy-vivid-purple-pink, SI1-clarity diamond failed to find a buyer. The piece was estimated to bring in up to $10.9 million at the auction. A ruby bangle by Cartier, the first anniversary gift Wallis SImpson, the Duchess of Windsor, received from her husband, also remained unsold. That piece had a high valuation of $2.2 million. 

In total, Christie’s sold 93% of items on offer, with bidders hailing from 32 countries.

“A very dynamic saleroom, coupled with strong online and telephone bids from around the world, resulted in lively bidding and a very high sell-through rate,” said Rahul Kadakia, international head of jewelry at Christie’s. “Marie Antoinette’s diamonds captured the world’s attention and achieved a fitting result for such a magnificent royal jewel.”

Source: Diamonds.net

Marie-Antoinette diamonds up for auction for first time in Geneva

Marie-Antoinette diamonds

wo splendid diamond bracelets that belonged to French queen Marie-Antoinette will go under the hammer in Geneva later this year, the auction house Christie’s said Wednesday.

The bracelets, coated with 112 diamonds in total, will be sold together and are estimated to fetch between $2-4 million when they go under the hammer on November 9.

That estimate “includes not only the intrinsic value of the diamonds, but also the possibility to wear jewellery that was once worn by the famous queen Marie-Antoinette,” Christie’s jewellery specialist Marie-Cecile Cisamolo told Agence France-Presse.

The historic jewels could meanwhile easily go for far more than the asking price.

“As seen in recent Geneva sales, the market for jewels of noble provenance continues to perform extremely well,” Francois Curiel, the chairperson of Christie’s luxury division, said in a statement.

In 2018, a natural pearl and diamond pendant that belonged to the ill-fated French queen was estimated by the Sotheby’s auction house at $1 million to $2 million but was snapped up for $36 million.

Marie-Antoinette, the last queen of France before the revolution, was guillotined in Paris in October 1793 at the age of 37.

But Cisamolo said that it was not just their history that made the bracelets extraordinary, pointing to the large size of the diamonds, which range from around 1 to 4 carats.

“It is very difficult to measure their exact size, because these are antique diamonds, and back then the sizes were less precise,” she explained.

While lacking the precision of today’s laser-cut gems, Cisamolo stressed the charm and uniqueness of antique diamonds.

In total, Christie’s estimates that the bracelets comprise 140 to 150 carats.

They are each composed of three rows of gems and can be connected together and worn as a necklace.

This picture taken in Geneva on Sep. 6, 2021 shows two bracelets belonged to French Queen Marie-Antoinette adorned with three rows of 112 old cut diamonds. (AFP Photo)
This picture taken in Geneva on Sep. 6, 2021 shows two bracelets belonged to French Queen Marie-Antoinette adorned with three rows of 112 old cut diamonds. (AFP Photo)

Paris, Brussels and Vienna

According to Christie’s Marie-Antoinette ordered the bracelets from jeweller Charles August Boehmer in Paris in 1776, two years after she ascended the throne.

She paid 250,000 livres, “a huge sum at the time,” Christies said.

Then the revolution arrived.

Before attempting to flee France with king Louis XVI and their children, Marie-Antoinette first made sure her jewels were sent out of the country.

They were sent to Brussels, governed by her sister Archduchess Marie-Christine, before being sent on to the French queen’s native Austria, ruled by her nephew, the emperor.

In 1792, the royal family was imprisoned in Paris. The king and queen were executed the next year, and their 10-year-old son Louis XVII died in captivity.

Only their daughter, Marie Therese of France, survived. She was freed in December 1795 and sent to Austria, where she was given her mother’s jewels.

“These jewels can thus be traced all the way back to Marie-Antoinette,” Cisamolo said, adding that she hoped whoever bought them “will cherish them for the rest of their life.”

“Not only are you wearing something that Marie-Antoinette wore,” she said. “The diamonds are extraordinary.”

The bracelets, she said, showing off the gems glistening on her wrists, “flow. It is as though you are wearing fabric.”

Source: dailysabah