Christie’s online-only sale Jewels Online and The Flawless Star totalled $9,137,352, with 98% sold by lot and 104% hammer above their low estimate. The sale attracted global participation from 29 countries with 17% of bids coming from new bidders.
The sale was led by The Flawless Star, a superb round brilliant-cut D-colour, flawless diamond of 45.46 carats, which sold for $4,620,000. The sale set a new record for the most expensive jewel to be sold in an online-only sale. The Flawless Star belongs to the rare Type IIa category, which make up less than 2% of all diamonds.
Rahul Kadakia, International Head of Jewellery, Christie’s, remarked: “Christie’s Jewels Online sale in New York achieved $9 million led by the Flawless Star Diamond of 45 carats which sold for $4.6 million demonstrating immense collector confidence at the highest levels for our online-only platform. We look forward to continuing our spring 2022 jewellery auction season with Magnificent Jewels and The Fuchsia Rose Diamond on 13 April at Rockefeller Plaza.”
Other notable results from the sale include a D colour 4.61-carat marquise-cut diamond which achieved $107,100. This lot was followed by another D colour cushion-cut diamond of 5.31 carats which achieved a price of $100,800. Another notable result was achieved by the Reza Twin Stone Ruby and Diamond Ring with a final price of $81,900.