Christie’s: 28.86-ct Diamond Sets Online Auction World Record

Christie’s Jewels online-only auction, held from 16-30 June, totalled $4,164,500, with 100% sold by value and 93% sold by lot. Estimated at $1-2 million, the 28.86-carat, D colour diamond was the highest valued lot ever offered in a Christie’s online sale. The impressive stone received bids immediately upon the sale going live on 16 June. After a fierce competition of 31 bids, from four countries spanning Asia to America, the exceptional stone sold for $2,115,000, setting a new record for a jewel sold in an online auction.

Rahul Kadakia, international head of jewellery at Christie’s, noted, “The sale of this exceptional stone established the record for a jewel sold in an online-only auction, demonstrating greater client confidence in Christie’s digital ability and online sale platform. We now look forward to the beginning of our live auction season for jewellery spanning all major Christie’s global sale sites led by a $8 million Fancy Intense Blue IF Diamond of 12.11 carats offered in Hong Kong on 9 July.”

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