Christie’s New York July 29th auction of Magnificent Jewels totaled $28,142,500 with 87% sold by value and 83% sold by lot.
The top lot of the sale was a sensational diamond necklace suspending a pear-shaped diamond of 115.83 carats, F color, VVS1 clarity, which realized $6,290,500.
Colored diamonds also led the sale, with a fancy intense blue diamond ring of 7.16 carats, Internally Flawless selling for $3,855,000; and a fancy light purplish pink diamond ring of 7.65 carats, which sold for $819,000.
Important signed pieces offered within the sale received competitive bidding and exceeded initial estimates including a pair of gold ‘Pendantif-Pendant’ earrings which achieved $125,000 against its low estimate of $10,000; a set of opal jewelry by Angela Cummings for Tiffany & Co. from The Collection of Gloria Manney that sold for $68,750 as well as many such extraordinary pieces.
The sale had global participation with clients registered from 34 countries.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished
Exclusive
Mmetla Masire: Okavango to resume diamond sales in January
Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...
Today
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
