Christie’s New York Magnificent Jewels – 89 carat diamond
At Christie’s New York Magnificent Jewels auction held on December 10, a pear shaped D-color, 89.23 carats, VVS1 diamond, sold for almost $11.1 million (this includes the premium). This beautiful diamond is mounted on a platinum setting, and sold roughly $124,000 per carat.
The auction brought in more than $66.6 million and was sold 75% by lot and 85% by value. The auction was comprised of an amalgamation of colorless and colored gemstones that became the top lots of the auction, as well as a strand of natural pearls that made its way into the top 10 lots.
Other memorable notes of the New York sale include a pair of pear-shaped fancy light yellow diamond ear pendants, 52.88 and 51.46 carats that sold for more than $5.4 million, which was double its presale estimate, and a 5.25 carat Burmese ruby ring by Harry Winston that fetched $1.65 million, which was more than triple its low estimate. Also, a 593.61 carat diamond suite created by Jahan that sold for $4.6 million, 21.30 carat oval cut fancy light pink Goloconda diamond that sold for $4.25 million ($200,000 per carat), 32.32 carat, oval cut, D-color, VVS1, potentially internally flawless diamond by Bulgari that sold for more than $4 million (roughly $126,000 per carat), and a single-strand natural pearl and diamond necklace that measures 13.10 to 8.00mm sold for $1.8 million.
This auction marked the last sale of the year for Christie’s branch in America, which produced a final tally of sales roughly $188 million throughout the 2014 year.