Another Massive Color Diamond Sale For Christie’s

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Famed auction house Christie’s New York held their Important Jewels auction on Tuesday and total sales reached over $27.5 million (USD).  The auction was headlined by a rare Vivid Pink diamond weighing in at 5.50 carats.

The oval-shaped pink stone represented a third of the total sales for the days’ auction as the winning bid was $9.8 million.   It was the third impressive colour diamond Christie’s has put up for auction this Spring after the Winston Blue and The Ocean Dream.   Total sales for the three diamonds reached $42 million.

Some of the other colour diamonds that went under the hammer during Tuesday’s auction included the following:

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A Rectangular-Cut Fancy Light pink diamond ring weighing in at 5.91 carats sold for $1.8 million.   The sale was a far cry from the pre-auction estimates which ranged between $575,000 and $675,000.

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A stunning necklace featuring 81 Modified-Cut yellow diamonds ranging from light yellow to fancy yellow in color and 0.31 to 4.45 carats in weight sold for $293,000.

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Swiss-based jeweller Chopard designed this diamond bracelet featuring 33 Modified Cut-Cornered Rectangular-Cut yellow diamonds.   The diamonds themselves range in colour from Fancy Yellow to Fancy Intense Yellow and weigh between 1.01 and 1.51 carats.   The piece sold for $269,000, well above the high-end estimate of $200,000.

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This color diamond ring by Tiffany & Company featuring a 7.11-carat Fancy yellow stone in the centre sold for a surprising $118,750.   Industry experts assumed the piece would sell for between $60,000 to $80,000.

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