Auctions

Christie’s ‘Summer Sparkle’ Brings the Heat with 24-Carat Heart Diamond

AuctionsAug 05, 2021

Christie’s ‘Summer Sparkle’ Brings the Heat with 24-Carat Heart Diamond

Expected to sell for $1.6 million-$2.6 million, it’s the highest valued jewel ever offered in an online-only auction at Christie’s.

Leading the online-only “Jewels Online: Summer Sparkle” auction at Christie’s is this 24.45-carat D color, internally flawless, Type IIa heart-shaped diamond, estimated at $1.6 million-$2.6 million.
New York—Christie’s is dedicating its online-only summer jewelry auction to diamonds, and leading the way is a big heart shape.

“Jewels Online: Summer Sparkle,” held now through Aug. 18, features a wide variety of colorless and fancy color diamonds, including pink, orange, green, brown, and yellow, some of which are being offered without reserve.

The highlight of the sale is a 24.45-carat D color, internally flawless, Type IIa heart-shaped diamond pendant that’s estimated to sell for between $1.6 million and $2.6 million, making it the highest valued jewel ever offered in an online-only auction at Christie’s.

Last year, a 28.86-carat D-color, emerald-cut, VVS1 Type IIa diamond set the record, garnering $2.1 million at Christie’s Jewels Online sale in June.

Its sale comes at a time when colorless diamonds have been topping expectations at auction.

See: Highlights from Christie’s “Summer Sparkle” Online Auction  

Meanwhile, another expected top lot of the auction is “The Summer Sunrise,” a ring centered on a 9.83-carat VS1 fancy vivid orange-yellow diamond ($600,000-$800,000).

There is also a 6.29-carat D color internally flawless oval diamond ring estimated between $250,000 and $350,000, a 10.08-carat diamond emerald-cut diamond ring with tapered baguette-cut diamond accents that could garner $200,000-$300,000, and pear diamond earrings weighing 10.02 carats that could go in the range of $200,000-$300,000.

To see all the lots in “Summer Sparkle,” visit Christies.com. Bids close on Aug. 18 at 10 a.m. EDT. 

 Related stories will be right here …
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

MajorsSep 24, 2021
Brilliant Earth Is Now a Public Company

CEO Beth Gerstein said she believes in the jeweler’s omnichannel approach as its retail rollout continues.

Events & AwardsSep 24, 2021
These 3 Companies Will Receive Business Grants from PGI USA

PGI created the program to accelerate the growth of the platinum jewelry market in the U.S.

CollectionsSep 24, 2021
Zales Introduces Elvis Presley Men’s Jewelry Line

From its curb link chains to statement diamond rings, the new collection takes inspiration from the “King of Rock ‘n’ Roll.”

Brought to you by
Bringing Sexy Back: The Allure of COUTURE, Italian Style

Take a tour of Italian designers at COUTURE 2021.

TrendsSep 24, 2021
Piece of the Week: Mateo’s Initial Pendant

It’s a trendy take on personalization.

Weekly QuizSep 23, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of Sept. 20-24, 2021.
Take the Quiz
CrimeSep 23, 2021
5 Men Who Fenced Stolen Diamonds Get 15 Years in Prison

They bought and resold jewels from a South America-based gang that targeted traveling salespeople across the United States.

SourcingSep 23, 2021
Joanna Hardy Completes Gemstone Trilogy with ‘Sapphire’ Book

It’s the follow-up to “Emerald” and “Ruby.”

Brought to you by
What is your Health Care Coverage Strategy?

Health care coverage is a big expense for small businesses - find out how to lower costs long-term instead of every 12 months.

GradingSep 23, 2021
Another Diamond With Fake GIA Inscription Surfaces

Graders at HRD Antwerp found this one, a HPHT-treated natural diamond inscribed with the report number of an untreated stone.

×