Christie’s – Page 4

Christie’s Online Jewelry Auction Sells Out

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

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

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

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

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 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.

A 28 carat emerald shape type 2A diamond became the most expensive auctioned online

On Tuesday, Christie’s auctioned off the most expensive jewel ever sold on an online auction. The 28.86 carat diamond sold for $US2,115,000 million.
One of the rarest diamonds in the world, the Type 11a diamond is formed from pure carbon.

“The spectacular 28.86 carat D colour diamond received immediate attention upon its announcement,” Christie’s Head of Jewellery Rahul Kadakia said in a statement. “The stone possesses a transparency and purity which can only be found in the world’s finest diamonds.

The sale of this exceptional stone established the record for a jewel sold in an online only auction, demonstrating greater client confidence in Christie’s digital ability and online sale platform.”

The sale was the final day of Christie’s Jewels Online sale.

28 Carat Diamond Could Fetch $2 Million At Christie’s Online Auction

Christie’s is offering the largest D-color diamond to be sold at an online auction. What may be more important is that this sale could establish a new way of selling statement diamonds and gems.

A 28.86 carat, D color, VVS1 clarity diamond is the top lot at Christie’s Jewels Online sale, June 16 – 20. Its estimate is $1 million – $2 million, making it the highest valued lot ever offered for sale online at Christie’s.

With live auctions closed in response to the coronavirus pandemic, auction houses have turned to its already robust infrastructure of online auctions and it has paid off for the two largest auction houses, Christie’s and Sotheby’s, with sell-through rates well above 90 percent and many items surpassing estimates. However, what is being sold is limited to signed and unsigned period jewels at lower values than what are normally sold at live auctions.

Christie’s Garners $11M at London Auction

Christie’s brought in GBP 8.3 million ($10.7 million) from its Important Jewels sale in London on Wednesday, with pearls dominating the event.

The priciest was a cut-cornered rectangular step-cut, 18.02-carat, D-color, VVS1-clarity, type IIa diamond ring, which fetched GBP 881,250 ($1.1 million) against an estimate of GBP 800,000 to GBP 1.2 million ($1 million to $1.6 million). Four of the top 10 lots were jewelry items featuring pearls, which sold for well over their high estimates.

An emerald, diamond and cultured-pearl necklace by Meister, set with a rectangular cut-cornered, 10.99-carat emerald, garnered GBP 275,000 ($355,943), almost 23 times its GBP 12,000 ($15,532) high estimate. Meanwhile, a necklace containing 45 natural pearls went for GBP 268,750 ($347,922), well above its GBP 120,000 ($155,351) high valuation.

A pair of 19th-century natural-pearl earrings, which previously belonged to Eugénie de Montijo, the last empress of France and wife of Emperor Napoleon III, fetched GBP 237,500 ($307,375), smashing its GBP 80,000 ($103,537) upper estimate. A set of button-shaped, natural-pearl and diamond earrings, went for GBP 187,500 ($242,696), exceeding its GBP 80,000 ($103,537) high presale valuation.

Other notable items included a diamond necklace by Shinde, which garnered GBP 539,250 ($697,908), nearly three times its GBP 200,000 ($258,844) high valuation, and a Van Cleef & Arpels diamond necklace from the mid-20th century, which swept past its GBP 150,000 ($194,206) upper valuation, bringing in GBP 347,250 ($449,587).

Source: Diamonds.net