Christie’s New York: Colored Diamonds Continue Strong Run
‘Oval Vivid Pink’ Takes Top Lot
A superb and very rare fancy vivid pink diamond totaling approximately 5.50 carats sold for $9,573,000 at Christie’s New York auction of Important Jewels on June 10, concluding a highly successful spring season for the auction house’s jewelry division.

The diamond, a modified-oval-cut stone with natural color, VVS1 clarity and “Excellent” polish and symmetry, sold to the New York Trade, shattering its pre-auction high estimate of $7.5 million.

“Colored diamonds continued their fabulous run at Christie’s spring auction season, with multiple phone lines bidding enthusiastically on the vivid pink,” said Rahul Kadakia, International Head of Christie’s Jewelry. “With the sale of The Winston Blue, The Ocean Dream and the Oval Vivid Pink, Christie’s achieved $42 million for these three exceptional diamonds alone.”

The second top lot was a magnificent diamond ring by Taffin (above right), featuring a rectangular-cut diamond totaling approximately 20.08 carats with D color and VVS1 clarity, set in a platinum and pavé-set diamond mounting and hoop, which sold for $3,077,000 to the International Trade. The diamond is considered to be Type IIa, a rare subgroup of diamonds that includes less than 2 percent of the world’s diamond production. Stones in this group are chemically the purest of all diamond crystals and often have extraordinary optical transparency.

Rounding out the top three lots was a colored diamond ring (left) featuring a rectangular-cut fancy light pink diamond totaling approximately 5.91 carats with natural color and VS1 clarity, mounted in platinum and 18-karat rose gold, which sold for $1,835,000 to the New York Trade, well above its pre-auction high estimate of $675,000.

Additional top lots included a diamond and emerald long-chain necklace by Leviev (right), which sold for $965,000 to the New York Trade. The necklace was designed as a series of 108 collet-set diamonds, totaling from approximately 1.16 carats to 1 carat and ranging from D to F color and from internally flawless to VVS2 clarity, the reverse of each enhanced with pavé-set diamonds, joined by a circular-cut diamond and cabochon emerald openwork clasp, mounted in platinum.

A pair of important diamond ear pendants (left) sold for $905,000 to a private Middle Eastern buyer, slightly above their pre-auction high estimate of $900,000. Each pendant dangles an articulated pear-shaped Type IIa diamond, totaling approximately 5.46 carats and 5 carats, respectively, with D color and internally flawless clarity, set within a circular-cut diamond surround, suspended from a circular-cut diamond surmount, each totaling approximately 1.51 carats and 1.5 carats with D color and internally flawless clarity, mounted in platinum.

An impressive colored diamond ring (right) sold for $605,000 to the New York Trade, slightly above its pre-auction high estimate of $600,000. The ring is set with a modified-cut-cornered rectangular-cut fancy yellow diamond totaling approximately 332.52 carats with natural color and SI1 clarity, mounted in 18-karat yellow gold.

An emerald and diamond pendant necklace by William Goldberg (left), meanwhile, sold for $485,000 to a private European buyer. The necklace suspends a modified-cushion-cut Colombian emerald totaling approximately 33.46 carats, enhanced by 12 Ashoka-cut diamonds from a baguette- and circular-cut diamond line, joined by three Ashoka-cut diamonds totaling approximately 2.04 carats, 2.01 carats and 1.56 carats, to the circular- and baguette-cut diamond neck chain, mounted in platinum.

A diamond ring (right) sold for $461,000 to the New York Trade, above its pre-auction high estimate $450,000. The ring is set with a circular-cut diamond totaling approximately 19.46 carats with K color and VS2 clarity, flanked on either side by a tapered-baguette-cut diamond, mounted in platinum.

A diamond and sapphire Zip necklace by Van Cleef & Arpels (left) sold for $389,000 to a private Asian buyer, above its pre-auction high estimate of $350,000. The necklace takes the form of a zipper composed of circular-cut diamonds with a calibré-cut-sapphire sliding ribbon, mounted in 18-karat white gold.

Rounding out the top 10 lots sold was a Belle Epoqué natural-pearl and diamond necklace (right), which sold for $377,000 to the European Trade, shattering its pre-auction high estimate of $50,000. The necklace dangles a drop-shaped natural pearl measuring approximately 14.26 mm X 13.73 mm with an old European-cut diamond cap from a line of collet-set old European-cut diamonds, which are suspended from a collet-set old European-cut diamond neck chain, mounted in platinum.

Christie’s New York sale of Important Jewels achieved a total of $27,534,750, selling 83 percent by lot and 85 percent by value. Overall, 187 of the 225 lots offered were sold.
ADVERTISEMENT
image
Picchiotti Italy
ADVERTISEMENT
image
Palmiero Italy
ADVERTISEMENT
image
Carlo Barberis
ADVERTISEMENT
image
v.2.0.0.1
The contents of the site are owned by The Net2 Group Inc. and may not be copied in any medium (including via caching), shared, or used for any purpose without its express written permission.
Copyright 2016 The Net2 Group Inc. All rights reserved.