Christie’s New York auction of Magnificent Jewels on 13th April achieved a total of $34.96 million with many items selling above their lower estimates. There was global participation with registered bidders from 40 countries across five continents, it noted.
The auction was led by ‘The Perfect Palette,’ a trio of sensational coloured diamonds being offered as separate lots, which collectively achieved $8,370,000. Each stone surpassed initial estimates with the fancy vivid purplish pink diamond ring of 2.17 carats selling for $3.51 million; the fancy vivid blue diamond ring of 2.13 carats realising $2,670,000; and the fancy vivid orange diamond ring of 2.34 carats achieving $2,190,000.
Additionally, impressive prices were realised for significant white diamonds led by a pear brilliant-cut diamond ring of 38.04 carats, D color, flawless clarity, Type IIathat sold for $3.03 million; an emerald-cut diamond of 14.50 carats, D colour, IF clarity, Type IIa that achieved double its low estimate selling for $1.41 million; an impressive diamond bracelet that realised $1.17 million; and a pair of diamond earrings offered at no reserve which achieved $894,000. Colored gemstones performed with exceptional results including an exquisite Burmese ruby ring by F.J. Cooper, a prominent Philadelphia jeweller that sold for $1.65 million; and a Colombian emerald ring by Cartier, which realised $225,000.