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Tuesday, April 22, 2014

World’s Largest Flawless Vivid Blue Diamond May Fetch $25 Million

The Blue

A 13.22-carat blue diamond is the lead item at Christie’s Geneva Magnificent Jewels sale May 14. Known as “The Blue,” the auction house says it is the largest flawless vivid blue diamond in the world. It has a pre-auction estimate of $21 to $25 million.

The Ocean Dream

Another highlight of the 250-lot auction at the Four Seasons Hotel des Bergues is what the auction house is calling the largest fancy vivid blue-green diamond in the world to come to auction. Known as “The Ocean Dream,” the 5.50-carat gem has an estimate of $7.5 to $9.5 million. “The combination of its size, natural origin, hue, and saturated color makes it an extremely unusual occurrence,” Christie’s said in a statement.

Other diamonds expected to generate strong international interest include a 76.51-carat light pink cut-corned diamond set as necklace centerpiece by diamond dealer Lev Leviev with an estimate of $7 to $10 million (pictured above); and a 75.97-carat pear-shaped D-color flawless diamond with an estimate of $13.5 million to $15 million (pictured below).

The 250 lot sale is estimated to fetch a total of $80 million, Christie’s said. It includes the following:

* A collection of 14 jewels from a “European Gentleman” under the heading, “A Passion for Jewels.” It includes the Rajah diamond, a 26.14-carat, old-mine brilliant-cut diamond with an estimate of $3 to $5 million. 

* Another highlight of “A Passion for Jewels” collection is the Belle Époque Devant-de-Corsage brooch, crafted in 1912 by Cartier. It is estimated to fetch $7 million to $12 million. 

* 20 pieces from the Estate of Baroness Thyssen-Bornemisza de Kaszon will be another highpoint of the auction led by a natural pearl and diamond necklace estimated at $550,000 to $700,000.

* A five-strand necklace composed of 87, 81, 76, seventy-one and 65 natural pearls with an estimate of $2 to $3 million.

* A 21.41-carat cushion-shaped Alexandrite with no indications of treatment and a distinct color-change from green to purple with an estimate of $500,000 to $700,000. 

* A necklace made of seven Mughal engraved spinel beads that date back to the 17th century with an estimate of $1.5 to $2 million. 

* A three rectangular-cut diamond ring designed by JAR with an estimate of $330,000 to $460,000. Proceeds will benefit Ospendale Pediatrico Bambino Gesu in Rome and the Pediatric department of the Ospedale San Paolo in Milan.

* Mystery-set ruby and diamond ear pendants, entitled Entrée en scène, was part of the “Une journée à Paris collection Van Cleef & Arpels launched in 2006 as an homage to Paris. It has an estimate of $200,000 to $310,000.

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