AuctionsMay 19, 2023
It’s a White-Glove Sale for JAR Jewels at Christie’sAuctionsMay 23, 2023
Christie’s to Auction 127-Carat ‘Light of Peace’ Diamond
The D-color, internally flawless, Type IIa stone will be offered without reserve.
The 127-carat “Light of Peace” diamond leads Christie’s “Magnificent Jewels” sale happening June 7 in New York City.
New York—On the back of the controversial yet record-setting Heidi Horten sale in Geneva, Christie’s is offering a special diamond at its New York “Magnificent Jewels” sale this spring.
Leading the June 7 jewelry auction is “The Light of Peace Diamond,” estimated to sell for between $10 million and $15 million.
The D-color, internally flawless, Type IIa, pear brilliant-cut diamond weighs 126.76 carats. It is being offered without reserve.
The stone previously was named the “Zale Light of Peace” when the Zale Corp. of Dallas, which is now part of Signet Jewelers Ltd., owned it.
Zales would charge for showings of the diamonds and use ticket sale proceeds to support charities. The Light of Peace is therefore synonymous with giving back, Christie’s said.
Now owned by a private party, a portion of the proceeds of the rock’s sale will benefit USA for UNHCR, the United Nations Refugee Agency.
Colored diamonds are expected to make an impact at Magnificent Jewels as well.
Highlights include a 3.10-carat fancy vivid blue diamond ring ($4.2 million-$5.2 million), a 50.4-carat fancy intense yellow diamond pendant ($700,000-$1.2 million), and a 4.01-carat fancy intense pink diamond ring ($1.5 million-$2.5 million).
SEE: Christie’s Magnificent Jewels Highlights
This 3.10-carat fancy vivid blue diamond ring is expected to sell for between $4.2 million and $5.2 million at Christie’s New York this June.
A 71.27-carat Burmese “Royal Blue” sapphire set in a diamond pendant that is expected to earn between $3 million and $5 million
This ring with 2.55-carat fancy intense blue pear brilliant-cut diamond, cushion-shaped Burmese ruby with no indication of heating, and old-cut diamonds in platinum, signed Verdura, is a top 10 auction highlight, expected to garner between $1.5 million and $2.5 million.
Among the colored gemstone draws at the jewelry auction are a 71.27-carat Burmese “Royal Blue” sapphire set in a diamond pendant ($3 million-$5 million), a pair of Harry Winston emerald and diamond pendant earrings ($500,000-$700,000), and a 10.17-carat Burmese ruby ($400,000-$600,000).
Many jewels will be on offer from private collections with notable provenances.
A Van Cleef & Arpels “mystery-set” sapphire and diamond bracelet ($250,000-$350,000) is a highlight of “The Collection of Adolphus Andrews Jr. and Emily Taylor Andrews,” while a VCA set of ruby, emerald, and diamond earrings and necklace, circa 1970 ($400,000-$600,000), is a lot to watch from the collection of New York philanthropist and socialite Betsey Cushing Whitney.
There are also jewels from members of the Rothschild family, as well as an assortment of seven JAR jewels from a private American collection.
Most notable of the private collections is “The Magnificent Jewels of Anne Eisenhower,” which includes a VCA bracelet once belonging to Marlene Dietrich expected to sell for between $2.5 million and $4.5 million.
The Christie’s Magnificent Jewels auction is scheduled for June 7.
More on Auctions
The Latest
MajorsDec 11, 2023
Bucherer Is Now Carrying This High-End Diamond Brand in US Stores The retailer, recently acquired by Rolex, is stocking Rahaminov Diamonds at its stores in New York, Las Vegas, and elsewhere.
GradingDec 11, 2023
Smithsonian’s Jeffrey Post to Receive 2023 Bonanno AwardPost is being honored for nearly four decades of contributions he made within the Department of Mineral Sciences at the museum.
IndependentsDec 11, 2023
This Houston Independent Will Close Just Before Christmas Lesley Ann Jewels, owned and operated by Lesley Davis, opened in 2016.
Brought to you by
The Most Important “C” in Diamonds: Confidence!Without the ability to instill confidence within the industry and directly to the consumer, a diamond holds very little value.
TrendsDec 08, 2023
Pantone’s Color of the Year Is Warm and FuzzyThe peachy hue also marks the program’s 25th anniversary.
Weekly QuizDec 07, 2023
This Week’s QuizTest your jewelry news knowledge with this short test.
CollectionsDec 08, 2023
Piece of the Week: A ‘Strong & Precious’ Brooch Centered on a sunny heliodor, the “Links” pin was designed by Ukrainian jewelry artist Inesa Kovalova.
MajorsDec 07, 2023
Lashbrook Sues Manly Bands for Allegedly Copying Designs The wedding band company is also accusing its former customer of removing watermarks from Lashbrook images for its own use.
Brought to you by
If It’s Custom, Make It PlatinumWith holiday proposals right around the corner, encourage your customers to go for platinum when making the big purchase.
Policies & IssuesDec 07, 2023
The G7’s Long-Awaited Statement on Russian Diamonds Is Here It provides a timeline for the implementation of new restrictions, but no details.
MajorsDec 07, 2023
24 Karat Club of New York Welcomes New MembersThe organization has elected 12 new additions.
ColumnistsDec 06, 2023
On Data: How Are Independents Doing So Far This Holiday Season? Sherry Smith breaks down the numbers on jewelry sales in November and reveals the category that “emerged as a standout.”
GradingDec 06, 2023
GIA Debuts Revamped Graduate Jeweler ProgramBy mixing creative and practical skills, the new course hopes to fill the industry’s bench jeweler gap.
AuctionsDec 06, 2023
Verdura Cuff, Burmese Sapphire Shine at Bonhams Several other colored gemstones joined the pieces in the top 10 list.
FinancialsDec 05, 2023
Signet Jewelers’ Q3 Sales Down 12% The retailer is still expecting a strong holiday season with improving demand for natural diamonds.
CrimeDec 05, 2023
Police Continue to Investigate Murder of Colorado Jeweler Peter Damian Arguello, the owner of Peter Damian Fine Jewelry & Antiques, was shot and killed in an apparent robbery last week.
MajorsDec 05, 2023
Tanishq Continues U.S. Expansion With 2 New StoresThe Indian jewelry giant has opened locations in Houston and Frisco, Texas.
SourcingDec 05, 2023
Grandview Klein Awards Two Scholarships in NamibiaEach student was provided with the full amount of tuition for the Namibia University of Science & Technology.
SourcingDec 04, 2023
David Prager To Leave De Beers in 2024Ryan Perry, who has been with De Beers since 2002, also will be leaving the company next year.
WatchesDec 04, 2023
Chrono24 Debuts the ‘Dow Jones’ for Luxury WatchesThe watch seller’s new index tracks sales data from 14 brands, including Rolex and Patek Philippe.
MajorsDec 04, 2023
David Bouffard to Leave Signet, RJCThe industry veteran will step down from both roles in April 2024.
TrendsDec 04, 2023
Amanda’s Style File: Decadent DecemberTanzanite, turquoise, and zircon are all options for December babies, who sometimes “get the birthday shaft,” Amanda Gizzi writes.
Lab-GrownDec 01, 2023
Lightbox Teams Up With Brand Founded by Former Tiffany ExecThe lab-grown diamond brand also collaborated with the website The Future Rocks on a collection launching today.
FinancialsDec 01, 2023
Movado Lowers Guidance Again After Q3 Sales DipThe company said it is facing a “challenging retail environment” but is prepared for the holiday season.
CollectionsDec 01, 2023
Piece of the Week: Muzo’s Emerald and Argyle Pink Diamond NecklaceIt’s the hero piece of the newest "Green Jewel" collection, a collaborative offering from the two mines.
AuctionsNov 30, 2023
This Pink Diamond Reigned Supreme in Hong KongThe 15.48-carat fancy intense “Pink Supreme” topped Christie’s fall jewelry auction in Asia, while a Patek Philippe led the watch sale.
MajorsNov 30, 2023
Claire’s Hires Former Bath & Body Works Exec as CFO, COOChris Cramer, who also spent time at Gen Z intimates brand Parade, will take on the dual role.
AuctionsNov 30, 2023
Sotheby’s To Auction 133-Carat Yellow DiamondThe stone headlining the upcoming sale could fetch up to $5 million.
