$5.07 Million Chrysler Diamond Tops Christie’s NY $26.5 Million Sale

Christie’s New York auction of Magnificent Jewels on 8th June achieved a total of $26,559,250, selling 94% by value, and 87% by lot. The preceding Jewels Online sale from 20th May to 4th June additionally achieved a total of $3,485,125. Combined the two sales realised $30,044,375.

The top lot of the sale was The Chrysler Diamond, a magnificent pear-shaped diamond of 54.03 carats, D colour, internally flawless that sold for $5.07 million. The story of this exceptional stone began in 1958, when Harry Winston purchased what was then known as the Louis XIV Diamond from the estate of Thelma Chrysler Foy, daughter of Walter Chrysler, railroad and automotive executive and namesake of  New York City’s iconic Art Deco skyscraper.

Also headlining the sale was The Dancing Sun,a fancy intense yellow diamond of 204.36 carats, VVS2 clarity, and the largest polished diamond mined at Diavik in North America, which achieved $4,950,000.

Specially featured was an important selection of Jewels by JAR: Property from an Important West Coast Collection. Spanning 19 exquisite creations, the section was the largest selection of JAR pieces ever offered at auction and collectively totaled $5,931,250 with many lots greatly exceeding initial estimates.

Additional highlights included The Flawless Match, a superb colored diamond and diamond ring made up of a fancy vivid blue pear-shaped  diamond of 2.52 carats and a pear-shaped  diamond of 2.43 carats, D colour, internally flawless, type IIa that achieved $2,910,000; a fancy intense purplish pink diamond of 2.58 carats, which sold for $675,000; a rare fancy gray-blue diamond ring of4.10 carats that realised $846,000; and an emerald-cut diamond of 11.93 carats, G colour, VS2 clarity, by Harry Winston that sold for $425,000.

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