Pink Diamond Ring Beats Estimate at Bonhams

The pink-diamond ring from the collection of Joan Collins

A fancy pink diamond ring by Meister was the top seller at the Bonhams London Jewels sale, garnering $1.1 million USD.

The piece, with a step-cut 3.62 carat center stone and designed in 1968 by Meister, exceeded its high estimate of $989,417 USD at the November 12 auction, Bonhams said last week. 

A diamond brooch from the collection of Dame Joan Collins, designed by Van Cleef & Arpels, fetched $161,892 USD, more than six times its high valuation. It was part of a collection of the actress’s jewels that saw 100% of items find buyers, with the final sales total three times higher than the auctioneer had estimated. A portion of the proceeds from Collins’s jewelry will be donated to the Shooting Star Children’s Hospice, of which she is a patron.

Other notable items at the auction included a sapphire and diamond ring, which fetched $189,865 USD against a high estimate of $131,851 USD, and a three-stone diamond ring, which brought in $132,179 USD, nearly doubling its estimate.

In total, the auction achieved $5 million USD, with Bonhams selling 75% of items on offer.

“Despite the auction taking place behind closed doors, the bidding remained spirited and the results demonstrate that high quality pieces with extraordinary provenance continue to captivate buyers around the world,” said Jean Ghika, global head of jewelry for Bonhams.