Christie’s Website Back Online, Announces Plans to Auction 10-Carat Pink Diamond
The fancy intense pink “The Eden Rose” is estimated to sell for up to $12 million at the New York “Magnificent Jewels” sale next month.
ArtNews reported Monday that the Christie’s website and app were back up and running as of Sunday, ending an outage that began the evening of May 9.
Christie’s did not respond to questions about the cause of the incident—widely reported to be the result of a cyberattack—or what steps it is taking to guard against future incidences, and it has not said much publicly about what happened.
In a statement shared with National Jeweler Tuesday, the auction house said: “Our website and app are now back online, through the efforts of the team, with full functionality. We would like to express our sincere gratitude to our clients for their patience.
“We appreciate you may have questions regarding the nature of the incident, but our investigation into this incident is ongoing and therefore we are not able to share any further information on this for the moment.”
Despite its website being offline, Christie’s proceeded with a series of live art and jewelry auctions last week, including the charity “Only Watch” auction (total $31.3 million) and its “Magnificent Jewels” and “Rare Watches” sales in Geneva, which brought in a total of about $80 million combined.
On Tuesday, the auction house revealed the gemstone it believes will be the highlight of its New York “Magnificent Jewels” sale on June 11, a 10.20-carat internally flawless fancy intense pink diamond named “The Eden Rose.”
The stone—which is a round brilliant, an uncommon cut for natural colored diamonds—is expected to sell for $9 million to $12 million, or $882,353 to $1.2 million per carat.
Christie’s said it’s the most significant IF, round brilliant, fancy intense pink to come to auction in more than a decade. In 2012, a buyer paid $17.4 million, or $1.4 million per carat, for the 12.04-carat “The Martian Pink” diamond at a Christie’s jewelry auction in Hong Kong.
“The Eden Rose has never been offered at auction, and we are proud to be presenting a jewel of its unmatched caliber for the first time this June in New York,” Christie’s International Head of Jewelry Rahul Kadakia said.
The diamond will be exhibited at Christie’s Hong Kong from May 24 to 27.
After that, the auction house will bring “The Eden Rose” to New York, where it will be on display to the public during Luxury Week at Christie’s Rockefeller Center gallery from June 7 to 10.
The Latest
Jewelers Mutual is advising jewelers along the coast to prepare for above-normal hurricane activity this year.
The leadership change at the organization charged with guiding the industry on legal issues will take effect next week.
“Precious: The History and Mystery of Gems Across Time” will be available on Sept. 17.
As the demand for lab-grown diamond jewelry may still be increasing, the most notable change we are likely to see is price stabilization.
Chief Financial Officer and Chief Operating Officer Chris Cramer has been named interim CEO.
The group met with lawmakers to raise awareness about the financial, operational, and supply chain harms posed by an EU proposal.
The museum also will host jewelry heist-themed movie nights throughout the run of “Chicago Collects: Jewelry in Perspective.”
GIA®’s most advanced microscope has new features to optimize greater precision and comfort.
“The Dualism of Milan” collection features two chapters representing the monochromatic and colorful spirit of the city.
The Designer Edit, launched earlier this year, highlights up-and-coming jewelry designers.
The conference will focus on the “practical ‘how to’ of appraising gems and jewelry,” said NAJA Executive Director Gail Brett Levine.
The De Beers CEO discussed the Anglo American situation, natural diamond marketing, and why the future of lab-grown diamonds is technology.
Known to many as the “Picasso of gems" who modernized the gem cutting field, he is remembered by his family as going through life with open eyes.
The Houston-based family jeweler is relocating its flagship just across the street.
The partnership, now in its second year, allows CRJC attendees to register for a free Instore show badge.
In court, Daniel Hutchinson’s loved ones remembered the jeweler as a giver, a role model, and a leader.
Take a walk along this bangle’s diamond “cobblestone” made from round-, pear-, and marquise-cut diamonds.
The National Jeweler editors discuss the hot topics, best jewels, and current trends that stood out during Jewelry Market Week.
Sponsored by Core Scientific
The company is expecting to see a 5 to 10 percent increase in engagements this year.
Qurate Retail is in the middle of a turnaround plan as it battles declining sales.
Showcase your dad’s personal style with a piece of fine jewelry for Father’s Day.
The partnership follows the launch of the jewelry company’s B2B moissanite platform.
The former De Beers CEO will step into the role next month.
As prices of “The Big Three” skyrocket, supply dwindles, and focus on sustainability grows, an age of open-mindedness is dawning.
Owner Randy Brooks, whose brother opened the Maryland jewelry store in 1971, is retiring.
Tickets to win a ring are for sale until June 13, with proceeds going to a trans care nonprofit.