Thursday, April 18, 2013

Pinky bling auctioned for $39M

The prince of diamonds sold for nearly $40 million — a US record — in Manhattan yesterday.
The famed pink cushion-cut “Princie’’ gem — a 34.65-carat stunner named for a teenage prince of India and plucked from that country’s historic Golconda mines 300 years ago — was bought via a phone call during a bidding session at Christie’s, the auction house said.
The $39,323,750 sale price amounted to $1.1 million per carat.
The buyer was an anonymous collector, Christie’s said.
Princie’ was originally owned by one of India’s richest royal families, the Hyderabad.
ICE BUY: The 34.65-carat “Princie” fetched a US record at auction.
ICE BUY: The 34.65-carat “Princie” fetched a US record at auction.

Tuesday, July 24, 2012

Blue Diamond Sets Record Price, Again

(April 22, 2012 IDEX Online Staff Reporter)

(IDEX Online News) –A 3.54-carat fancy blue SI1 diamond

set in a platinum ring by Tiffany was the lead

item at Sotheby’s Magnificent Jewels sale, selling

for $2,434,500. The result is nearly five times the top

estimate the auction house provided for the lot, $0.5


According to Sotheby’s, the result is a record price for

a fancy blue diamond.

The diamond with the highest estimate at Sotheby’s

Magnificent Jewels auction in New York was a 23.02

carats fancy vivid yellow cushion-shaped step-cut dia

The diamond had a $1.5-$2 million estimate and sold for $1,874,500.

Another leading item was a fancy pink cut-cornered rectangular modified brilliant

diamond weighing 6.03 carats set in a platinum ring, framed by small round

near colorless diamonds. It sold for $1.08 million, at the top end of Sotheby’s $0.9-

1.1 million estimate.

Friday, June 11, 2010

Christie's Jewels Sale Nets Almost $7M

Christie's Jewels: The London Sale realized $6.6 million and was 79 percent sold by lot. The top lot was a 14.85-carat, rectangular-cut D, VS1 diamond ring by Bulgari, which sold for almost $1.1 million, or $73,800 per carat. A 7.07-carat, E, VS2 diamond ring by Cartier sold for $487,326 and a pair of heart-shaped, diamond ear studs by Boucheron sold for $331,266.

Friday, June 4, 2010

Christie's Jewels Sale Fetches $60M in Hong Kong

Christie's Hong Kong Sale realized $60.4 million and was 89 percent sold by lot. The top lot of the sale was a magnificent, single-strand jadeite bead necklace, which was sold to a private Asian buyer for $7.3 million. Other top lots included a 49.61-carat Kashmir sapphire and a diamond bracelet, circa 1960, by Cartier, which sold for $7 million, setting a global auction record for a bracelet. Another 17.45-carat Kashmir sapphire sold for $1.7 million.
A heart-shaped, fancy vivid blue, 5.01-carat, VS2, diamond garnered $935,000 per carat and was sold to a private Asian buyer for $4.7 million, while a pair of fancy, deep blue, heart-shaped diamonds weighing 2.48 carats and 2.03 carats, suspending a pair of 10.12-carat and 9.64-carat, pear-shaped diamonds, sold for $4.4 million.

Monday, April 26, 2010

Rapaport Weekly Broadcast

Sotheby's Magnificent Jewels sale, which was held on April 20 in New York, generated $34,662,338, sold 84 percent by lot and featured a number of rare diamonds. which you can view in this video.

Highlights from the sale include a fancy vivid yellow necklace of 100.17 total carat weight that sold for $3,554,500; a beautiful, 7.67-carat, fancy intense pinkish orange diamond ring that sold for $3,106,500, a panther-themed wristwatch, an 8.66-carat ruby and more.

Preview the centerpieces from Christie's Jewels: The New York Sale held on April 22 -- the Catherine the Great emerald brooch and the Emperor Maximilian diamond ring -- and be sure to check on April 23 for the results of this auction.

Friday, April 16, 2010

Sotheby's Geneva to Auction 52.82-Ct.

Diamond Sotheby’s Geneva will hold its spring 2010 sale of Magnificent Jewels and Noble Jewels at the Beau-Rivage Hotel on May 11, 2010. At the heart of this sale will be an emerald-cut diamond weighing 52.82 carats, as well as a pear-shaped, fancy vivid blue diamond weighing 5.02 carats, both of which are set as rings.

The extremely rare 52.82-carat diamond was determined to be a type IIa, D, flawless with excellent polish and symmetry by the Gemological Institute of America (GIA). Sotheby's estimated that the ring would fetch over $7 million.

The 5.02-carat blue diamond is set in the form of a toi et moi ring (pictured), which was designed and created by Alexandre Reza. The blue stone is mounted alongside an exceptional 5.42-carat diamond with the same shape. Its estimated sale price ranges from $4 million to $7 million.

Source: Rapaport TradeWire Apr. 16, 2010

Monday, December 14, 2009

Christie's 39-carat 'Star' shoots off at $5.4M

The pear-shaped, D color "Evening Star" diamond weighs in at 39 carats and is from India's ancient Golconda mines. An anonymous buyer paid $5.4 million for the stone at Christie's on Thursday.

New York--A 39-carat, D color diamond from India's famed Golconda mines called the "Evening Star" fetched $5.4 million at Christie's, the latest in a line of remarkable diamonds to dazzle at auction. According to a press release from the auction house, an anonymous buyer snapped up the stone, paying $138,000 per carat for the diamond dubbed the "Evening Star" because its previous owner liked to wear it out at night.

It was part of Christie's "Magnificent Jewels from a Distinguished Private Collector" sale, held Thursday in New York.The sale of the "Evening Star" comes on the heels of the record-setting $10.8 million sale of "The Vivid Pink" diamond Dec. 1 in Hong Kong and the $7.7 million sale of the 32.01-carat D-flawless Annenberg Diamond in October."The diamond market continues to show remarkable strength despite the volatility of the financial world," Rahul Kadakia, head of jewelry at Christie's New York, said in the release. "Just two weeks after a very strong sale of jewels at Christie's Hong Kong--where a 5-carat pink diamond went for $10.8 million--the exceptional Evening Star Golconda diamond of 39 carats sold at Christie's New York for $5.4 million.

It was a fitting grand finale to a year that saw over $100 million in jewels change hands under our gavels in the U.S." The combined total for Christie's "New York Jewels" and the "Magnificent Jewels" sales was $25.18 million, with 85 percent of the goods sold by lot and 97 percent sold by value, according to the release.Other notable lots include a modified rectangular-cut fancy intense blue VS1 diamond of 7.02 carats, which went for $3.89 million to an anonymous buyer, and a 36.78-carat, D color internally flawless diamond, purchased by a member of the U.S. trade for $3.39 million.

In addition, a pair of D-VVS pear-shaped diamonds of 10.21 and 10.51 carats garnered nearly $2.1 million, while a modified cushion-cut fancy intense yellow diamond of 40.92 carats was auctioned off for $1.11 million.

Source: National Jeweler