AuctionsDec 02, 2022
Here’s How 2 Royal Jewels Performed at Auction in DenmarkAuctionsDec 07, 2022
Christie’s Magnificent Jewels Auction Totals Nearly $59M in New York
After a 13-carat pink diamond was pulled ahead of the sale, blue and colorless diamonds reigned supreme.
This 2.21-carat fancy intense blue diamond ring was one of the top lots in the Christie’s New York Magnificent Jewels auction held Dec. 6.
New York—After a big pink diamond was pulled prior to the auction, big blue and colorless diamonds reigned supreme at the Dec. 6 Magnificent Jewels sale at Christie’s New York.
The auction was 93 percent sold by lot and totaled $58.8 million.
The top lot of the sale was a necklace set with a 31.62-carat fancy blue pear modified brilliant-cut diamond. It garnered $11.8 million, falling within its pre-sale estimate range.
At No. 2 was a pendant necklace featuring a pear brilliant-cut diamond weighing 86.64 carats and 78 pear diamonds, set in platinum and white gold, which also fell within its estimate when it sold for $5.7 million.
Next up there was a signed Graff brooch centered on a 107.46-carat fancy yellow round-cornered square diamond, with round and baguette-cut diamond accents and set in 18-karat white and yellow gold that sold for $2.6 million.
See: The Top 5 Lots of the NY Magnificent Jewels Auction
The auction was 93 percent sold by lot and totaled $58.8 million.
The top lot of the sale was a necklace set with a 31.62-carat fancy blue pear modified brilliant-cut diamond. It garnered $11.8 million, falling within its pre-sale estimate range.
At No. 2 was a pendant necklace featuring a pear brilliant-cut diamond weighing 86.64 carats and 78 pear diamonds, set in platinum and white gold, which also fell within its estimate when it sold for $5.7 million.
Next up there was a signed Graff brooch centered on a 107.46-carat fancy yellow round-cornered square diamond, with round and baguette-cut diamond accents and set in 18-karat white and yellow gold that sold for $2.6 million.
See: The Top 5 Lots of the NY Magnificent Jewels Auction
The top lot in the sale was this diamond necklace, featuring a 31.62-carat fancy blue pear diamond, round diamonds, and pink diamonds, in platinum and rose gold. It sold for $11.8 million.
At No. 2 was another necklace, this one featuring an 86.64-carat pear diamond at center, 78 pear diamonds around, platinum, and white gold. It sold for $5.7 million.
At No. 3 was this Graff brooch with a 107.46-carat fancy yellow round-cornered square diamond with round and baguette-cut diamond accents in 18-karat white and yellow gold, which went for $2.6 million.
Following that at No. 4 was a 51.60-carat oval diamond ring in platinum that garnered $2.5 million.
Capping off the top five lots was this 2.21-carat fancy intense blue oval diamond ring, which sold for $2.3 million.
Rounding out the top five lots were two platinum rings, one with a 51.60-carat near colorless oval diamond, which went for $2.5 million, and the other with a 2.21-carat fancy intense blue oval diamond, which went for slightly above its pre-sale estimate when it garnered $2.3 million.
There was also an unmounted 104.04-carat fancy intense yellow modified pear diamond that sold for $2.3 million, and a ring featuring a 5-carat fancy vivid blue modified pear double rose-cut diamond with single-cut diamond accents in platinum that garnered $2.1 million.
Meanwhile, a Van Cleef & Arpels mystery-set ruby, emerald, and diamond flower brooch more than doubled the low end of its estimate when it sold for $1.2 million, and a circa 1948 diamond palm tree brooch from Cartier, featuring a 13.30-carat round brilliant-cut diamond and marquise, baguette, round, and single-cut diamond accents, sold for $1 million, compared with a pre-sale estimate range of between $500,000 and $700,000.
A pair of colored diamond earrings—comprised of a fancy deep grayish blue heart shape diamond, fancy intense yellow heart shape diamond, and a colorless heart diamond on one, and a fancy intense purplish pink heart shape diamond, a fancy vivid yellow heart diamond, and a heart shape black diamond on the other—also went for $1.4 million. They were only estimated to sell for $250,000-$350,000.
Had it not been withdrawn from the sale a few weeks ago—Christie’s gave no explanation why—the top lot likely would have been a 13.15-carat fancy vivid pink diamond.
The initial estimate on the VVS1/potentially IF stone was $25 million to $35 million.
To see the full results of the Dec. 6 New York Magnificent Jewels auction, visit Christies.com.
Editors' Picks
Sponsored by
More on Auctions
The Latest
TrendsFeb 12, 2025
5 Engagement Ring Trends Expected to Rule 2025From chunky bands to vintage diamond cuts and bezel settings, these are the trends experts are seeing take over the bridal market.
EditorsFeb 12, 2025
Q&A: Marion Fasel on the History of Diamond Engagement RingsFasel discusses researching her new book, the most enduring engagement ring styles, and the diamond shape Taylor Swift will pick.
CollectionsFeb 12, 2025
De Beers Jewellers’ New High Jewelry Pays Homage to the Beauty of TreesThe “Essence of Nature, Chapter One” collection echoes trees and roots, literally and figuratively, through three sets of high jewelry.
Brought to you by
3 Ways to Capitalize on America’s Newfound Love of Colored GemsColored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?
SourcingFeb 12, 2025
SRK Announces Notable Reduction in Greenhouse Gas EmissionsLate last year, the India-based diamond manufacturer recorded emissions per carat that are 34 percent lower than the industry average.
Weekly QuizFeb 06, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
ColumnistsFeb 12, 2025
Peter Smith: 9 Store Manager Archetypes Smith details the types of store managers he’s encountered, with the goal of helping retailers find a person who’s a fit for their store.
TechnologyFeb 12, 2025
MyGemma Now Offers Consignment ServiceThe secondhand reseller stocks pre-owned designer jewelry and watches, along with other luxury goods.
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
CollectionsFeb 12, 2025
Ghirardelli Is Slipping Chocolate Into a Locket This Valentine's DayThe limited-edition “Chocolocket” fits a mini square of Ghirardelli chocolate inside.
Events & AwardsFeb 11, 2025
JA Seeking Nominations for Its Next ‘20 Under 40’ ClassThe program has been expanded to include a “20 Under 40” list for jewelry suppliers and is accepting nominations through Feb. 19.
CrimeFeb 11, 2025
2 Men Charged With Selling Stolen Jewelry, Watches in NYC Diamond DistrictOne of the men is said to be connected to the South American crew charged with burglarizing Cincinnati Bengals QB Joe Burrow’s home.
WatchesFeb 11, 2025
Bulgari, MB&F Launch Reimagined ‘Serpenti’ WatchThe brands immersed one of Bulgari’s most famous historical icons in MB&F’s ultra-mechanical universe of haute horlogerie.
FinancialsFeb 11, 2025
Boucheron a Bright Spot as Kering’s Full-Year Sales Sink 12%The luxury titan’s full-year performance was weighed down by struggling sales at its star brand Gucci.
MajorsFeb 11, 2025
Midas Chain Releases First Diamond CollectionThe jewelry manufacturer has launched more than 100 pieces made with natural diamonds.
SurveysFeb 10, 2025
Jewelry Resilient in 2024 Even As Luxury Sales Slipped, Says Bain & Co.Bain & Co.’s latest report on the luxury market examines why the market’s customer base is shrinking and how to appeal to consumers in 2025.
CrimeFeb 10, 2025
Counterfeit Jewelry Kept Kentucky Customs Agents Busy in January, CBP Says Officers in Louisville seized 28 shipments of fake jewelry and watches that would have been worth more than $27 million if genuine.
CollectionsFeb 10, 2025
Hearts on Fire Flips Jewelry ‘Inside Out’ in New CollectionThe collection centers on the art of tailoring, inspired by designs that feature folded fabrics, such as a tuxedo lapel.
Events & AwardsFeb 10, 2025
Select Jewelry Show Heads to NashvilleThe trade show has added a new location to its fall line-up.
CollectionsFeb 07, 2025
Piece of the Week: Jade Trau’s ‘Ladybird’ CharmFrom the brand’s latest collection of lucky charms, the ladybird is seen as a bearer of good fortune and a ward against negative energy.
SourcingFeb 07, 2025
De Beers’ Production Guidance Slashed, Anglo Anticipates Another WritedownThe moves come amid a prolonged period of lower demand for diamonds, particularly in China.
Events & AwardsFeb 07, 2025
Registration Opens for Stuller’s Bench Jeweler WorkshopThe workshop returns in March, along with the “Battle of the Benches” mini challenge series.
IndependentsFeb 06, 2025
106-Year-Old Jewelry Store Saved by New OwnersTwo attorneys purchased Windsor Jewelry, which was set to close, and will retain all existing staff at the downtown Indianapolis store.
MajorsFeb 06, 2025
Oscar Heyman Employee Celebrates 60 Years With the Company Adam Heyman joined the family business in 1965, just weeks after graduating from Columbia Business School.
IndependentsFeb 06, 2025
Hamilton Jewelers Revamps Palm Beach BoutiqueThe fourth-generation, family-owned jeweler has given its Worth Avenue store a new look.
CrimeFeb 05, 2025
‘The Timepiece Gentleman’ Sentenced to 5-Plus Years Behind Bars Luxury watch dealer Anthony Farrer pleaded guilty late last year to defrauding clients in a scheme with Ponzi-type elements.
FinancialsFeb 05, 2025
Pandora Posts Double-Digit Growth After Strong Holiday SeasonIn its full-year results, the retailer shared its 2025 outlook and an update on the global rollout of its lab-grown diamond collection.
TrendsFeb 05, 2025
Amanda’s Style File: Feeling Fabulous in FebruaryCelebrate February birthstones and the gem shows in Arizona this month with a versatile stone like amethyst.
