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Wednesday, May 17, 2017

92-Carat Heart-Shaped Diamond Fetches World Auction Record $14.9

A 92-carat D Flawless heart-shaped diamond sold for $14.9 million at Christie’s Geneva Magnificent Jewels sale Wednesday. It set a world record for the price of a heart-shaped diamond sold at auction. 

It sold just above its $14 million low estimate. The jewel was given the name, La Légende. It was created by Boehmer et Bassenge, a high jewelry house that was launched a year ago. The company began working with the auction house last year.

Another big sale for the evening was a 15.03-carat unheated Burmese ruby mounted on a diamond ring that sold for $12.9 million ($861,000 per carat), within its estimate of $10 - $15 million.

In addition, a 7.97-carat fancy intense blue cushion-shaped diamond fetched more than $12.7 million, smashing its $3 million high estimate and setting an auction record per carat at $1.6 million, according to Christie’s. 

These were the top three items of the sale held at the Four Seasons Hotel des Bergues that featured 267 lots, achieving $94.5 million, with 85% sold by lot and 90% sold by value.  

Other highlights include:

A 56.03-carat, pear-shaped D color, potentially IF diamond pendent on a diamond necklace by Chopard fetched $6.3 million ($113,000 per carat);

A 4.05-carat square-cut, fancy deep blue VS1 diamond sold for $4.3 million ($1.05 million per carat);

A 47.63-carat cushion-shaped Burmese sapphire sold for more than $2.4 million ($50,500 per carat), three times its high estimate. 

A ruby and diamond four leaf clover brooch by Boucheron fetched $2.2 million, three times its high estimate. 

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