Christie’s to Offer 101ct. ‘Spectacle’ Diamond

The Spectacle diamond

Christie’s will sell a 100.94 carat diamond at its upcoming Magnificent Jewels auction in Geneva, where it expects the stone to fetch up to $18 million.

The emerald cut, D color, internally flawless diamond, called the Spectacle, originated from a 207.29-carat rough Alrosa unearthed in 2016 at its Zarnitsa pipe in Yakutia, Christie’s said Monday.

Alrosa cut the stone at its polishing facility in Moscow over the course of a year and eight months, Christie’s noted. The diamond the largest ever manufactured in Russia will lead the May 12 auction.

The Spectacle is the third D-color, 100-carat-plus diamond the auction house has sold over the past 10 years. The Winston Legacy, a 101.73 carat, D flawless stone, went for $26.7 million in Geneva in 2013, and the 163.41 carat, D flawless Creation I fetched $33.7 million in 2017.

“We are fascinated to present this long awaited gem,” said Alrosa CEO Sergey Ivanov. “A part of our The Spectacle Collection, bearing the same name, this exceptional 100.94 carat diamond displays a breathtaking performance, which is a natural wonder revealed by human hand. Astonishing size, combined with impeccable color and quality, characteristics and flawless provenance guarantees, make the Spectacle a unique occurrence.”

Source: Diamonds.net

Fancy Colour Diamond Trio Fetches $8M at Christie’s

The Perfect Palette diamonds. Christie’s

Three rings featuring diamonds with fancy-vivid color stole the show at the Christie’s Magnificent Jewels auction, selling for more than $8 million combined.

The trio of jewels, called the Perfect Palette, achieved a total of $8.4 million at the New York sale, Christie’s said Tuesday. A 2.17-carat, fancy-vivid-purplish-pink diamond ring brought in $3.5 million, beating its $2.5 million high estimate, while a 2.13-carat, fancy-vivid-blue diamond ring sold for $2.7 million, toward the upper end of its valuation. The third — a 2.34-carat, fancy-vivid-orange diamond ring — went for $2.2 million, just under its top estimate at the April 13 sale. The entire auction garnered $35 million, with 94% of items on offer finding buyers.

Another high earner was a pear brilliant-cut, 38.04-carat, D-flawless, type IIa diamond ring, which fetched $3 million. A Burmese ruby ring by F.J. Cooper, a prominent Philadelphia jeweler, went for $1.7 million. Both pieces fell within their presale estimates.

Other notable items included an oval modified brilliant-cut, 25.55-carat, fancy-vivid-yellow, VS1-clarity diamond ring, which sold for $1.7 million, smashing its $1.2 million high estimate. An emerald-cut, 14.50-carat, D-color, internally flawless, type IIa diamond ring also shattered its $1 million upper valuation, selling for $1.4 million at the auction.

A diamond and onyx Serpenti wristwatch, donated by Bulgari, fetched $50,000, within estimates. Proceeds from the timepiece will benefit the Elizabeth Taylor AIDS Foundation.

Participants at the sale originated from 40 countries across five continents, Christie’s noted. The auction house is still holding its Online Jewels sale, which began on April 8 and will run through April 20. It features a selection of items from Bulgari, Cartier and Elsa Peretti for Tiffany & Co., among others.

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

Christie’s Online Jewelry Auction Sells Out

Christies della Valle lemon earrings

Christie’s garnered $799,125 from its online sale of jewelry by designer Michele della Valle, with 100% of items finding buyers.

The top lot at the auction was a pair of yellow sapphire, tsavorite garnet and diamond lemon earrings, which went for $75,000, smashing its $10,000 high estimate, Christie’s said last week. Another set of earrings — containing 52 round and 12 baguette-cut diamonds weighing a total of 1.55 carats, tsavorite garnets, and red agate beads — also soared past its upper valuation. The pair, designed to look like cherries, brought in $37,500, well over its $6,000 estimate.

A number of emerald and tourmaline pieces also fared well. A brooch featuring round emeralds and cabochon green tourmalines sold for $37,500, well above its estimate, while a pair of earrings set with round, oval and marquise-cut emeralds fetched $25,000, nearly four times its high valuation. A square step-cut, 13.25-carat orange tourmaline ring, surrounded by cabochon green tourmalines and diamonds, brought in $23,750, against a high valuation of $6,000.

“With a background in opera and the arts, della Valle’s aptitude for creative output knows no bounds,” said Caroline Ervin, a specialist for Christie’s jewelry department. “For decades, della Valle has delighted jewelry collectors and fans alike with his bold and colorful creations. His unexpected and whimsical creations offered in our sale were met with enthusiasm from Christie’s clients around the world.”

In total, Christie’s offered 65 pieces by the designer, with bidders from 24 countries participating in the auction.

Source: Diamonds.net

24ct. Yellow Diamond Beats Estimate at Christie’s

Christies Yellow Diamond

A 23.58-carat diamond ring was the top lot at Christie’s Jewels Online sale, fetching well above its high estimate.

The piece, which featured a cut-cornered rectangular modified brilliant-cut, fancy-yellow, SI1-clarity stone, bracketed by two triangular-cut diamonds, brought in $325,000 against its $300,000 upper estimate, Christie’s said Wednesday. In total, the auction running from January 27 to February 10 garnered $2.7 million, with 98% of the items on offer finding buyers.

Two diamond rings sold for $81,250 each, just above their high valuations. One contained a round, 4.18-carat, F-color, VS2-clarity diamond. The other was set with an emerald-cut, 3.56-carat, D-color, internally flawless, type IIa diamond, flanked by two smaller emerald-cut and two triangular-cut diamonds. A diamond medallion necklace by Graff, bearing a total weight of 35.38 carats, also realized $81,250, within estimates.

A number of Graff diamond and gemstone jewels were sold without reserve at the auction. Those included a pair of emerald and diamond earrings, which brought in $40,000, beating estimates, and a ruby and diamond ring, which smashed its high valuation, fetching $32,500.

Meanwhile, a pair of aluminum Violet earrings by designer JAR garnered $13,750, more than four times their upper estimate.

Source: Diamonds.net

Christie’s Rakes In $5M from Paris Sale

The 14.7-carat diamond.

A 14.7-carat diamond ring was the top seller for Christie’s in Paris, nearly tripling its high estimate.

The marquise-cut, E-color, SI1-clarity stone sold for EUR 437,500 ($531,812), or $35,322 per carat, well above its EUR 150,000 ($182,333) upper valuation. It was one of a number of noteworthy diamonds that led the sale Paris Jewels sale, which took place from November 24 to December 9. The auction brought in $5 million, Christie’s said last week.

A ring set with a rectangular cut-cornered, H-color, VS2-clarity diamond, weighing 1.22 carats, fetched EUR 237,500 ($288,696), or $25,167 per carat, nearly double its high estimate. Meanwhile, a ring containing two old-cut, J-color diamonds, each weighing 6.73 carats, smashed its presale high estimate, selling for EUR 137,500 ($167,139).

Colored stones also performed well, Christie’s noted. A pair of ruby and diamond mystery-set earrings by Van Cleef & Arpels garnered EUR 137,500 against a EUR 40,000 ($48,626) upper estimate, while a Ballerina brooch by the designer brought in EUR 106,250 ($129,164), doubling its estimate. A retro ruby and diamond bracelet, which transforms into double clips, tripled its valuation, achieving EUR 93,500 ($113,664).

In total, Christie’s sold 80% of the items on offer, with many pieces selling above their estimates.

“This last jewelry auction of the season demonstrated the continued strength of the jewelry market despite the challenges due to the pandemic,” said Violaine d’Astorg, director of the jewels department at Christie’s France. “Limited exhibition time and auctions without [the] public in the room were compensated [for] by intense activity on the phone and over Christie’s Live.”

Source: Diamonds.net

Harry Winston Wins Top Item at Christie’s NY

43.10-carat Kashmir sapphire.

Christie’s sold a Kashmir sapphire and diamond bracelet to Harry Winston for $6 million on Tuesday, kicking off the December New York Magnificent Jewels season.

The piece, which led the auction house’s New York sale, featured a 43.10-carat sapphire surrounded by 67.90 carats of D-color, internally flawless diamonds. The final price fell within the estimate of $5 million to $7 million that Christie’s had given ahead of the sale.

“We are very proud to have purchased this extraordinary Kashmir sapphire, which joins the ranks of the finest diamonds and colored gemstones acquired by Winston to form our superb Legacy Collection,” Harry Winston CEO Nayla Hayek said in a statement Tuesday.

Christie’s brought in $44.6 million at the 10-hour Magnificent Jewels auction, with 95% of items selling by value and 91% by lot, it reported. Bidders took part from 39 countries, with the final sales total equal to 118% of the items’ combined low estimates.

Sapphires were a theme at the sale: A 1917 Van Cleef & Arpels ring featuring a 21.72-carat cabochon Kashmir sapphire ring went for $1.7 million, while a necklace with an 80.86-carat Burma sapphire in the center fetched $1.1 million. Meanwhile, a Cartier brooch set with an Art Deco Kashmir sapphire weighing 12.64 carats, formerly from the collection of Jean Stralem, realized $1.5 million.

Other highlights included a pair of earrings containing fancy-intense-purplish-pink and fancy-intense-pink diamonds, weighing 2.61 and 2.34 carats. The piece sold for $2.1 million.

The auction preceded the Sotheby’s New York Magnificent Jewels sale, which takes place Wednesday. A ring featuring a fancy-vivid-pink diamond flanked by two fancy-intense-blue diamonds — estimated at up to $12 million — will headline that event.

Source: Diamonds.net

Christie’s Sets $10M Price Tag on Muzo Necklace

The Muzo emerald and diamond necklace

A Muzo emerald and diamond necklace is expected to sell for up to HKD 80 million ($10.3 million) when it goes under the hammer at Christie’s Magnificent Jewels auction in Hong Kong on November 29.

The double rivière piece, designed by Edmond Chin for the House of Boghossian, contains 28 perfectly cut and matched, near-flawless emeralds, weighing a total of 117.60 carats. The gems were hand-selected by Boghossian CEO Albert Boghossian, the auction house said Tuesday.

Christie’s expects the necklace to prove extremely popular, given it sold the Grand Muzos, a pair of earrings containing emeralds from the same Colombian mine, for almost $100,000 per carat last year.

“The offering of this necklace marks a major moment in the auction world, and will no doubt create a stir among global connoisseurs,” Christie’s said.

Source: diamonds.net

Christie’s Is Hosting its First-Ever Online Sale Dedicated to Diamonds—and Nothing Else

The top lot is a Graff pendant necklace expected to fetch at least $300,000.

Square-cut or pear-shaped, colorless or fancy-colored, loose or mounted, the rocks on the block at Jewels Online: Summer Sparkle — Christie’s first-ever online sale dedicated to diamonds — are sure to delight new buyers and seasoned collectors alike.

With 50 lots ranging from a triangular diamond eternity band (lot 36) with a low estimate of $2,000 to the top lot, a 20.21-ct. pear-shaped yellow-brown diamond mounted in a Graff necklace (lot 41) and estimated at $300,000–$400,000, the selection covers all taste, style and price preferences.

Lovers of uniquely colored diamonds are in for a treat, as the sale is rich in rare gems in rainbow hues, including pinks, oranges and greens—not to mention grays, browns and yellows. There is a showstopper of a ring centered on a square modified fancy grayish yellowish-green diamond framed by pink and white diamonds and set in platinum and rose gold (lot 37, estimated at $20,000–$30,000); a ring topped by a 7.6-ct. fancy deep brown-yellow diamond mounted, rather cheekily, on the horizontal (lot 20, $12,000–$18,000); and a sculpted Sabbadini flower brooch studded with colored and colorless diamonds (lot 24, $6,000–$8,000)

Rings, such as a 5.03-ct. pear brilliant-cut diamond set horizontally on a highly polished band of 18-karat blackened gold (lot 1, $60,000–$80,000), dominate the mostly contemporary selection, but there are plenty of earrings, too — including multiple styles by Graff as well as the British jeweler David Morris.

Clients with a passion for high design likewise will not be disappointed. Consider the pear-shaped pendant necklace designed by Elsa Peretti for Tiffany & Co. and suspended on a chic gold link chain (lot 47, $5,000–$7,000), or the sale’s lone bracelet, an 18k yellow gold bangle style by David Morris set with pavé yellow diamonds and marquise diamond accents (lot 33, $15,000–$20,000).

Source: robbreport

Three exceptional diamonds sell at auctions.

A fancy vivid pink Diamond and a fancy vivid blue diamond

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
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.