Rare coloured gemstones and natural pearls achieve strong sales at Christie’s Magnificent Jewels in Manhattan, New York.
Christie’s Magnificent Jewels auction that took place on 11th June 2024 at Christie’s Rockefeller Center, Manhattan, achieved a total of $44.4 million, with 90% of the 144 lots sold. The auction featured an array of rare diamonds, notable coloured stones and a stunning assemblage of jewellery from Bulgari, Cartier, Tiffany & Co., and Van Cleef & Arpels.
The auction’s top lot was The Eden Rose ring set with a 10.20-carat round brilliant Fancy Intense Pink diamond, and sold for $13.3 million, exceeding its high estimate. The auction received bids coming from around the globe, including 51% from Americas, 24% Europe and 26% from Asia Pacific and the Middle East.
Rahul Kadakia, Christie’s International Head of Jewelry noted: “Christie’s were proud to present The Eden Rose this spring, an extraordinary gem which had never before been offered at auction. The 10.20-carat Fancy Intense Pink Internally Flawless gem surpassed all expectations, fetching an impressive $13.3 million, well beyond its high estimate. Collectors participated actively in all areas of the sale, paying strong prices for rare, coloured gemstones and natural pearls, in particular. We look forward to the end of our spring jewellery sale season with New York Jewels Online and Joaillerie Paris, both taking place in June.”
Strong results were achieved throughout the sale for coloured diamonds and coloured stones, including an Important Coloured Diamond and Diamond Pendant Necklace which sold for $2,167,500, a Fancy Vivid Blue Heart Modified Brilliant-Cut Diamond of 2.28 carats, which achieved $2,107,000.
Estimate: $1,000,000 – $2,000,000; Price realised: $2,167,500
Outstanding results were seen throughout the sale for natural pearls, with multiple lots exceeding their high estimates, including a Natural Pearl, Cultured Pearl and Diamond Necklace which achieved $378,000, five times its high estimate of $50,000, and a pair of Natural Pearl and Diamond Earrings which sold for $277,200, almost ten times the high estimate of $30,000.
Additional noteworthy results were achieved for lots featured from distinguished collections, including Beauty in Design: Magnificent Jewelry from the Collection of Sunny Crawford von Bulow and Ala von Auersperg Isham. An Exquisite Van Cleef & Arpels Carved Emerald, Ruby And Diamond Necklace sold for $289,800. The 16 jewels featured in the collection totalled $1,400,000.
Estimate: $200,000 – $300,000; Price realised: $289,800
Modified pear brilliant-cut diamond of 11.98 carats, set in platinum. Price Realized: $1,033,200
