Wednesday, May 25, 2011

Diamond Rings to Highlight Upcoming Auction at Christie’s New York


Two diamond rings will lead Christie’s Important Jewels to be held June 14 at Christie’s New York.

The first is a ring set with an oval-cut diamond, weighing approximately 46.51 cts., flanked on either side by a pear-shaped diamond, weighing approximately 1 and 1.01 cts., mounted in platinum (pictured above). The oval cut diamond is graded as E color with VVS2 clarity. The two pear-shaped diamonds have been graded as D color, VS1 and VS2 clarity respectively. The presale estimate is $2.5 to $3.5 million.

The second piece is a ring set with a pear-shaped diamond, weighing approximately 10.01 cts., flanked on either side by a pear-shaped diamond, each weighing approximately 1.02 cts., mounted in platinum. The 10-ct. pear-shaped diamond is D color, internally flawless clarity and the two side diamonds are rated as D color and internally flawless. Its estimate is $1.1 million to $1.5 million.

The auction of 125 lots will also feature a number of statement jewels from the top jewelry houses, including multiple pieces from Cartier and Tiffany. Among the items is a diamond, sapphire and emerald “Panther” ring by Cartier. Designed as a pavé-set diamond panther, the ring is set with cabochon sapphire spots, pear-shaped emerald eyes and a black enamel nose with a cushion-cut sapphire, mounted in platinum on the tip of the tail. Its estimate is $20,000 to $30,000.