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Wednesday, October 21, 2015

$3.6 Million For 75-Carat Yellow Diamond Ring


Statement diamonds sold within their estimates and a few signed jewels achieved outstanding results at Christie’s New York Important Jewels auction, held Tuesday.

The top lot was a 75.56-carat cushion modified brilliant-cut Fancy Vivid yellow diamond ring sold for $3.6 million, within its $3 to $4 million estimate. 

The auction realized a total of more than $19.9 million, with active online bidding from several locations including Hong Kong, Indonesia, Monaco, the United Kingdom, and all over the United States, according to the auction house. 

Additional top prices were achieved for the following:

* An 18.8-carat marquise-cut D color diamond sold for $1.45 million, within its estimate. It was mounted on a platinum ring flanked on either side by tapered baguette-cut diamonds.

* A 12.75-carat heart-shaped D color diamond sold for $965,000, within its estimate. The diamond, mounted in white gold, is worn as a pendant attached to link neckchain. 

* A 34.12-carat cushion-cut fancy yellow diamond sold for $725,000, within its estimate. The center is mounted on a platinum and 18k gold ring flanked on each side by a bullet-shaped diamond.

Several signed jewels far exceeded their estimates in the sale. They include the following:  

* A multi-gem and diamond brooch by Donald Clafin for Tiffany & Co. sold for $137,000, nearly seven times its high estimate of $20,000.

* A multi-gem and diamond brooch by Donald Clafin for Tiffany & Co. sold for $233,000, smashing its high estimate of $15,000.


* A diamond and emerald “Ballet Précieux” brooch by Van Cleef & Arpels sold for $161,000, well above its high estimate of $100,000

* An Art Deco emerald, diamond and Onyx pendant, Crica 1925, sold for $245,000, smashing its high estimate of $20,000.


* A diamond and kunzite spider brooch by David Webb, designed as a circular and baguette-cut diamond flexible spider, centering upon a cushion-cut kunzite, sold for $77,500, above its $50,000 high estimate. 

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