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.
More on Auctions
The Latest
CrimeFeb 27, 2026
Man Charged in Murders of Father, Son Jewelers in ChicagoChicago police and members of the U.S. Marshals Service tracked down the 35-year-old suspect earlier this week in St. Louis.
SourcingFeb 27, 2026
South African Diamond Mine Closes Amid Search for Missing WorkersOwners of the Ekapa Mine reportedly filed for liquidation about a week after a mudslide trapped five workers who have yet to be found.
MajorsFeb 27, 2026
Jewelers Mutual to Donate $10M to Savannah College of Art and DesignA 10-year alliance has also begun to address the shortage of bench jewelers through scholarships, enhanced programs, and updated equipment.
Brought to you by
Is This You? Every Jeweler Has This Problem; We Have the Solution.Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.
CollectionsFeb 27, 2026
Renato Cipullo Turns Gold into HardstonesThe “Splendente” collection has evolved to feature hardstone letter pendants, including our Piece of the Week, the onyx “R.”
Weekly QuizFeb 26, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingFeb 26, 2026
Anglo American CEO Gives Insight Into De Beers SaleThe update came as Anglo took its third write-down on the diamond miner and marketer, which lost more than $500 million in 2025.
ColumnistsFeb 26, 2026
Practical Ways Jewelers Can Leverage AI in 2026Emmanuel Raheb discusses the rise of “GEO” and the importance of having well-written, quality content on your website.
Brought to you by
DCA Enters a New Chapter in Jewelry EducationWith refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.
CrimeFeb 26, 2026
Three Sentenced in California Jewelry HeistEach received around four years for burglarizing a jewelry store and a coffee shop in Simi Valley, California, last May.
Events & AwardsFeb 26, 2026
GIA Names 2026 Jewelry Design Contest Winner, Retires Annual AwardCatherine Aulick, a GIA graduate, received the ninth and final Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design.
TrendsFeb 25, 2026
Engagement Ring Trends 2026: What’s In, and WhyWe asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.
SourcingFeb 25, 2026
7 Trends That Could Define the Diamond Industry’s FutureExperts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond.
EditorsFeb 25, 2026
Q&A: Brilliant Earth’s CEO on the New Beverly Hills StoreBeth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”
PodcastsFeb 25, 2026
Episode 2: Jewelry Trends & Does the Red Carpet Matter?Are arm bands poised to make a comeback? Has red-carpet jewelry become boring? Find out on the second episode of the “My Next Question” podcast.
WatchesFeb 25, 2026
Private Equity Firms Write Down Value of Breitling, Report SaysThe Swiss watchmaker is battling declining sales amid a rapid retail expansion, according to a Financial Times report.
CollectionsFeb 25, 2026
Rahaminov Diamonds’ New Campaign Honors Its MatriarchThe campaign celebrates Giustina Pavanello Rahaminov, the co-founder’s wife and matriarch of the family-owned brand, for her 88th birthday.
IndependentsFeb 25, 2026
Borsheims Names 2025 ‘Ike-It’ Award WinnerRachel Bennett, a senior jeweler who has been with Borsheims since 2004, earned the award.
Policies & IssuesFeb 24, 2026
IEEPA Tariffs Terminated, New 10% Tariff Already ImposedAfter the Supreme Court struck down the IEEPA tariffs, President Trump imposed a 10 percent tax on almost all imports via a different law.
IndependentsFeb 24, 2026
Sherry Smith Now Principal Partner at The Retail SmithsThe industry veteran, who was with The Edge Retail Academy for 14 years, joins her husband at the company he founded in 2022.
IndependentsFeb 24, 2026
Yafa Signed Jewels to Open Store in MiamiThe vintage signed jewelry retailer chose Miami due to growing client demand in the city and the greater Latin American region.
WatchesFeb 24, 2026
Chrono24 Names New VP, U.S. General ManagerFormer Flight Club executive Jin Lee will bring his experience from the sneaker world to the pre-owned watch marketplace.
SourcingFeb 23, 2026
Designer Eddie Sakamoto, a Humble Artist, Dies at 72Sakamoto, who died in mid-January following a sudden illness, is remembered for his humility and his masterful, architectural designs.
Events & AwardsFeb 23, 2026
NYCJAOS Announces Four-Day Spring ShowThe April event will feature a new VIP shopping day requiring a special ticket.
TrendsFeb 23, 2026
Dua Lipa Is Bulgari’s New AmbassadorBulgari chose the British-Albanian singer-songwriter for her powerful and enduring voice in contemporary culture, the jeweler said.
Policies & IssuesFeb 20, 2026
Supreme Court Rules Against Most of President Trump’s TariffsIn a 6-3 ruling, the court said the president exceeded his authority when imposing sweeping tariffs under IEEPA.
ColumnistsFeb 20, 2026
Peter Smith: Happiness, Cavemen, and Jewelry SalesSmith encourages salespeople to ask customers questions that elicit the release of oxytocin, the brain’s “feel-good” chemical.
MajorsFeb 20, 2026
Jewelers Vigilance Committee Names Julie Yoakum Board ChairJVC also announced the election of five new board members.
