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:
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.
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.
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.
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.