45-Carat Yellow Diamond Withdrawn from Phillips Auction
Signed jewels and period pieces stood out at the sale.

Phillips said the unnamed 45.07-carat fancy vivid yellow diamond, which it billed as “leading the sale,” was withdrawn prior to the start of the auction, which took place in New York on June 12.
No other information is available, it said.
The withdrawal comes about a month after another yellow diamond, also advertised as a headlining lot, never made its appearance at a Sotheby’s auction in Geneva.
According to the auction house, the consignor elected to retain “The Allnatt,” a 101.29-carat fancy vivid yellow diamond which was estimated to sell for $6.2 million to $7.2 million.
Phillips’ New York jewels auction garnered $2.9 million in total.
With 93 lots sold of the 120 lots offered, the auction was sold 78 percent by lot and 77 percent by value.
Eva Violante, Phillips head of jewels for the Americas, said the sale saw participation from across the globe.
A 9.81-carat emerald and diamond ring, along with a pair of diamond earclips, were the highest grossing lots, each selling for $165,100.
It was followed by Cartier’s diamond necklace, “Méandres-Bavoir.”
Violante said extraordinary enthusiasm was shown for the 1953 piece, which achieved $146,050 against an estimate of $40,000-60,000.

A sapphire and diamond ring sold for the same price.
A 19th century antique tiara, a highlight of the sale’s selection of period jewels, also found a place in the top ten.

It sold for $120,650, more than three times its high-end estimate of $36,000.
Also earning well above its pre-sale estimate, a pair of emerald and diamond ear clips from Bulgari sold for $107,850, more than four times the low-end of its expected sale price, $26,000.

See more of the lots sold in the Phillips New York jewels auction here.
The Latest

The company also noted record sales in the United States and a strong performance in its jewelry category.

The event, set for June 13-15, will feature educational presentations and guided visits to the state’s sapphire mines.

After the black enamel band became a best-seller for the brand, it has now launched an enamel ring personalization program.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

The Austin, Texas, jeweler’s new 11,000-square-foot store is set to open this summer.


The rapper and singer-songwriter will perform at Tao Beach on June 8.

“Conversations with Chris Ploof” covers tips for men buying wedding bands, behind-the-scenes footage of Ploof in his studio, and more.

Emergencies can happen anytime, anywhere , and Jewelers of America has what you need to be prepared for it all.

As lab-grown diamond brands pop up across India, academics are researching how to grow demand outside of the jewelry industry.

The moves are part of the retailer’s new turnaround plan, “Grow Brand Love,” which also includes emphasizing brand loyalty over store banners.

The “Rush Hour” campaign stars Zoë Kravitz in bold, wearable pieces designed to make a statement in the workplace.

Breitling is reviving Gallet, which was founded in 1826 and is known for making watches used in the early days of long-distance travel.

The American Gem Society now offers a Jewelry Evaluation Advisor designation as well as an updated Certified Sales Associate designation.

Rebecca Zeijdel-Paz created more than 75 new pieces for the residency, which will be on display at Trove’s store in New York through April.

Smith explores why a qualified candidate might still not be right for the job.

The company and its marketing agency, Loudr, were recognized for the “Make You Dance” marketing campaign.

The “Series8” and “Attesa” collections will be grouped under Citizen Premier.

David Fager, a former systems engineer at the retailer, was promoted to the role.

From retailers to designers and the media, the fine jewelry industry recognized one another’s work and looked to the future.

Eleanor H. Yeh is the recipient of the eighth annual Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design.

Joseph Cavalcante takes on the dual role as the Spanish jewelry brand looks to expand further into the U.S. market.

The trade show has also upgraded its venue to the Caesars Forum Conference Center.

The Dayton-based jeweler, which has been in business since 1985, was formerly known as Stafford Jewelers.

Reeds Jewelers CEO Alan Zimmer will be presented with the honor at JVC’s annual luncheon.

The piece, celebrating birthdays from March 21 to April 19, debuted with Sorellina’s new line of astrological pendants.

The Indian jewelry brand recently opened stores in Atlanta and Seattle.

CEO Beth Gerstein shared its most popular price points, what’s trending in non-bridal fine jewelry, and its holiday performance.