13.54-Carat Paraíba Tourmaline Sets Records at Christie’s
Set in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.

The necklace’s sale also set a new record per-carat price for a Paraíba tourmaline sold at auction—a little over $310,000 per carat.
The piece, featuring a 13.54-carat triangular modified brilliant-cut Paraíba tourmaline as well as round, pear, and square-shaped diamonds, generated spirited bidding in the room, online, and on the phone, the auction house said, soaring past its high estimate of $600,000.
The matching earrings were also a highlight.
Set with oval modified brilliant-cut Paraíba tourmalines of 3.45 and 3.19 carats, the pair sold for $1.3 million, far exceeding their highest estimate, $180,000.
Both the pendant and the earrings are signed Tiffany & Co.
Christie’s said Tiffany & Co. was among the first to recognize the rarity and beauty of Paraíba tourmalines, securing “exceptional access” to the original Brazilian material soon after its discovery in 1989.
Though more deposits were later uncovered in Mozambique and Nigeria, the material from Brazil stands apart for its intense saturation and glow.
The sale of these two lots underscored the extraordinary demand for rare tourmaline pieces and marked a defining moment in the auction, Christie’s said.
Both pieces were from the collection of prominent art collectors and philanthropists Max and Cecile Draime.
The couple had a strong relationship with Tiffany & Co., and Cecile’s jewelry collection contained bright and colorful pieces that included gemstones like Paraíba tourmalines as well as vibrant orange garnets and purplish-blue tanzanites.
Christie’s Magnificent Jewels auction, held Dec. 10, achieved a total of $46.5 million and 95 percent of the lots found buyers.
The auction house noted that sapphires performed exceptionally well at the sale.
A pair of antique sapphire and diamond earrings, the second highest grossing lot in the sale, sold for $3.1 million, double their low estimate.
A 16.23-carat sapphire and diamond ring realized $1.8 million, exceeding its estimate of $500,000 to $700,000.
Additionally, a ring featuring a 21.54-carat Ceylon sapphire sold for $304,800, about five times its highest estimate of $60,000.
The piece was part of the collection of Maureen Dwyer Smith, a champion of the arts and notable figure in Chicago’s philanthropic community who died earlier this year.
Christie’s said, “These results highlight the enduring appeal and demand for rare sapphires among collectors worldwide.”
Also on offer was “Property of Mr. and Mrs. John D. Rockefeller 3rd, from the Collection of Sandra Ferry Rockefeller,” which consisted of three Cartier jewels and a pair of Raymond Yard multi-gem and diamond parrot clip-brooches.
It sold for $2.6 million, slightly exceeding its high estimate.
The collection achieved a total of $3.1 million, with each lot topping its highest estimate.
Christie’s jewelry sales continue online with “Splendor & Style: Jewelry from the Collection of a Distinguished Lady,” a single-owner sale that closes today.
The Latest

Guthrie, the mother of “Today” show host Savannah Guthrie, was abducted just as the Tucson gem shows were starting.

Butterfield Jewelers in Albuquerque, New Mexico, is preparing to close as members of the Butterfield family head into retirement.

Paul Morelli’s “Rosebud” necklace, our Piece of the Week, uses 18-karat rose, green, and white gold to turn the symbol of love into jewelry.

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

The nonprofit has welcomed four new grantees for 2026.


Parent company Saks Global is also closing nearly all Saks Off 5th locations, a Neiman Marcus store, and 14 personal styling suites.

It is believed the 24-karat heart-shaped enameled pendant was made for an event marking the betrothal of Princess Mary in 1518.

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

The AGTA Spectrum and Cutting Edge “Buyer’s Choice” award winners were announced at the Spectrum Awards Gala last week.

The “Kering Generation Award x Jewelry” returns for its second year with “Second Chance, First Choice” as its theme.

Sourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.

The clothing and accessories chain announced last month it would be closing all of its stores.

The “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.

The event will include panel discussions, hands-on demonstrations of new digital manufacturing tools, and a jewelry design contest.

Registration is now open for The Jewelry Symposium, set to take place in Detroit from May 16-19.

Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.

Lady Gaga, Cardi B, and Karol G also went with diamond jewelry for Bad Bunny’s Super Bowl halftime show honoring Puerto Rico.

Jewelry is expected to be the No. 1 gift this year in terms of dollars spent.

As star brand Gucci continues to struggle, the luxury titan plans to announce a new roadmap to return to growth.

The new category asks entrants for “exceptional” interpretations of the supplier’s 2026 color of the year, which is “Signature Red.”

The White House issued an official statement on the deal, which will eliminate tariffs on loose natural diamonds and gemstones from India.

Entries for the jewelry design competition will be accepted through March 20.

The Ohio jeweler’s new layout features a curated collection of brand boutiques to promote storytelling and host in-store events.

From heart motifs to pink pearls, Valentine’s Day is filled with jewelry imbued with love.

Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.

New CEO Berta de Pablos-Barbier shared her priorities for the Danish jewelry company this year as part of its fourth-quarter results.

Our Piece of the Week picks are these bespoke rings the “Wuthering Heights” stars have been spotted wearing during the film’s press tour.






















