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 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

17ct. Diamond to Head Up Christie’s New York Sale

The pear brilliant-cut, D-color, VVS2-clarity, type IIa stone is the lead item in the Jewels Online auction, which will take place from March 11 to 21, Christie’s said Wednesday. This will be the auction house’s first jewelry sale of the year, and will feature a curated selection of signed jewels, diamonds and colored gemstones. Select pieces from the sale will be open for public viewing at the Christie’s showroom in Rockefeller Center.

The auction will include items by well-known design houses such as Cartier, Hemmerle, Tiffany & Co., and Van Cleef & Arpels. Also up for sale will be a private collection from philanthropist and sailing enthusiast George Frederick “Fritz” Jewett, Jr. and his wife Lucy.

Two charitable collections will be on the block as well: One to benefit the Public Broadcasting System (PBS) Foundation, and another belonging to interior designer, author and Oprah Winfrey Show guest Nate Berkus. Proceeds from the latter will go toward financial aid at New York’s Grace Church School.

Here are some of the other highlights from the sale:

This ring features a round brilliant-cut, 1.13-carat, fancy-blue, VS2 diamond center stone with baguette-cut sapphires and diamonds on either side. It has a high estimate of $250,000.
A ring with a cut-cornered rectangular modified brilliant-cut, 8.21-carat, fancy-intense-yellow, VS1-clarity diamond is expected to bring in up to $100,000. The lot has no reserve price.
Christie’s will auction this Van Cleef & Arpels necklace featuring pink tourmalines, onyx and diamonds for an estimated $60,000 to $80,000.
This coin and bicolor-gold Tubogas bangle bracelet by Bulgari carries an estimate of up to $80,000. The cuff contains three staters from the ancient city of Corinth, each depicting a Pegasus on one side and the head of the goddess Athena on the other.

Source: Rapaport

Christie’s New York Jewelry Auction Fetches $38.1 Million

Important fancy-colored diamonds and Kashmir sapphires led Christie’s December 6 Magnificent Jewels auction in New York. The sale of approximately 157 lots achieved more than $38.1 million.

However, what was billed as the top lot of the sale was withdrawn at the “11th hour without explanation,” according to a gem dealer who attended the auction. Christie’s confirmed this a few days later, again without explanation.

"California Sunset" earrings withdrawn before its sale. Its estimate was $7 - $12 million
“California Sunset” earrings withdrawn before going to sale. Its estimate was $7 – $12 million

The lot was a pair of fancy vivid orange-yellow diamond earrings weighing 12.20 and 11.96 carats. The earrings were named “California Sunset Diamonds” and had an estimate of $7 million to $12 million.

Read more: 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.”