Another Success for Christie’s

Another Success for Christie’s

NYChristie’s New York's small, 184-lot, end of season sale on June 11 sold 91 percent by lot and 86 percent by value. The auction tallied up $11,367,875, with diamonds making a strong showing. The top lot — a pear-shaped fancy intense internally flawless 6.29-carat blue diamond — sold for $3,554,500. The highly touted blue diamonds were the stars of the show, with a 3.28-carat modified rectangular-cut fancy dark gray-blue diamond selling for $386,500, the fifth biggest lot. Two blue rose-cut diamonds, however, failed to sell.

Rapaport TradeWire - Friday, June 19, 2009

Christie's London Jewels Sale Tops $6M

Christie's London Jewels Sale Tops $6M

Christie's Jewels: The London Sale was 84 percent sold by lot and garnered a total of $6.1 million (GBP 3.7 million). The top lot was a 44.14-carat circular-cut, fancy yellow, SI1 diamond set in an art deco mount, which fetched $865,324, or $19,600 per carat. A 10.09-carat, cushion-shaped, F, VS2 diamond sold to an Asian private for $414,064, and a 4.99-carat brilliant-cut, F,VS2 diamond sold to a member of the U.S. trade for $135,460.

Rapaport TradeWire - Friday, June 12, 2009

Christie's Hong Kong Jewels Sale Tops $33M

Christie's Hong Kong jewelry sale reported strong results, with 90 percent of the lots sold for a total of $33,067,728. The top lot, a diamond pendant set with two pear-shaped, D, flawless, type IIa diamonds of 20.7 carats and 10.02 carats, sold for $3,328,182 to an Asian private. Other diamond highlights included a number of lots that sold for more than $1 million apiece. A rectangular-cut, 15.02-carat, D, flawless type IIa diamond sold for $1,670,526, or $111,200 per carat.


Rapaport TradeWire - Thursday, May 28, 2009

7.03ct Blue Diamond Sells for More Than $1M per Carat

Sotheby’s sale of a 7.03-carat, fancy vivid blue, flawless cushion-shaped diamond fetched almost $9.5 million, or $1,349,752 per carat in Geneva. The winning bidder wished to remain anonymous. Sotheby's noted that this blue diamond beat out the previous most expensive fancy vivid blue diamond sold at auction, and that the sale was a world record for the sale of any diamond at auction in terms of value per carat. Sotheby's total sale of magnificent jewels in Geneva was $35,762,327 and was 76.9 percent sold by lot.

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Christie's Dubai Jewels Sale Tops $4M

Jewelry belonging to Umm Kulthum, a legendary Egyptian singer, sold for $118,000 at a Christie's auction in Dubai on Tuesday night. The entire sale reached just over $4 million, with 76 percent sold by lot. The highlight of the sale was a kite-shaped, 5.01-carat, D, internally flawless diamond pendant, which sold for $194,500 to a Middle Eastern private collector. The number of Middle Eastern buyers at Christie's auctions globally has risen 400 percent since 2004.

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Christie's to Auction Kulthum Estate Jewelry

Christie's will auction a few of Umm Kulthum's personal jewels on April 28, 2009, at the Jumeirah Emirates Towers Hotel in Dubai. The sale will also include rare colored gemstones and exquisite natural pearls, alongside watches by Patek Philippe, Breguet, Cartier and Rolex. Kulthum, the great Arab singer, was known as "Kawab El Sharq," The Shining Star of the Middle East.

Source: Rapaport Tradewire
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Sotheby's NY Magnificent Jewels Sale Features Important Diamonds

Sotheby’s New York spring sale of Magnificent Jewels will be held on April 23, 2009. The top lot is a fancy blue diamond ring set with a cut-cornered rectangular modified brilliant-cut stone weighing 8.24 carats, which is expected to bring in excess of $2.5 million. A fancy vivid yellow diamond ring, signed Jacob & Co., is set with a 15.61-carat center stone and 2.55 carats of flanking half-moon white diamonds; it has a presale estimate of $925,000 to $1 million. A pair of fancy vivid yellow diamond earrings featuring matched emerald-cut stones weighing 7.47 and 7.32 carats has a presale estimate of $800,000 to $1 million. Also on offer at the Sotheby's sale are a cushion-shaped diamond ring of 15.4 carats, F color, VS1 clarity, with a presale estimate of $1 million to $1.5 million, and a diamond ring set with an emerald-cut 13.98-carat, G color, VS2 clarity diamond with a presale estimate of $450,000 to $500,000.

Source: Rapaport TradeWire 4/10/2009
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