Auctions

13.54-Carat Paraíba Tourmaline Sets Records at Christie’s

AuctionsDec 12, 2025

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.

Tiffany & Co. Paraíba tourmaline jewelry
Tourmaline was the surprise star of Christie’s Magnificent Jewels sale in New York this week, the auction house said. The Tiffany & Co. Paraíba tourmaline necklace and earrings pictured both made the top 10.
New York—A Paraíba tourmaline and diamond necklace by Tiffany & Co. sold for $4.2 million at Christie’s recent jewelry sale in New York, setting a world record price 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.

 Related stories will be right here … 

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.

antique sapphire earrings Christies
A pair of platinum earrings with cushion mixed-cut sapphires of 12.61 and 11.92 carats and old-cut diamonds, circa 1910


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.

The top lot of the collection was the “Rockefeller Kashmir,” a rare Cartier Art Deco ring featuring a 17.66-carat sugarloaf cabochon sapphire, which can be seen in the Instagram slideshow above.

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

Couture Retailer Liaison Jan Mohr
Events & AwardsJan 02, 2026
Jan Mohr, Couture’s ‘North Star,’ Dies at 71

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah Real Gems
SourcingJan 02, 2026
IDCA Elects New President, Board of Directors

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

Lalaounis good luck charm 2026
CollectionsJan 02, 2026
Lalaounis’ 2026 Good Luck Charm Speaks to Resilience

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Collage of NationalJeweler.com’s most-read stories of 2025
EditorsDec 31, 2025
The Top 5 Stories of 2025

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

Weekly QuizDec 23, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Becka Johnson Kibby
MajorsDec 30, 2025
Becka Johnson Kibby to Lead Edge Retail Academy

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

Stock image of rough diamonds from Diavik mine in Canada
SourcingDec 30, 2025
India Chosen as KP Chair for 2026

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Bulova x Stetson collection
WatchesDec 30, 2025
Bulova, Stetson Collab on Watches With Western Flair

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Rahaminov Diamonds Pop-Up at Yamron Jeweler
CollectionsDec 30, 2025
Rahaminov Diamonds Pops Up in Florida

Its residency at Yamron Jewelers will run through May 2026.

In Memoriam collage 2025
IndependentsDec 29, 2025
In Memoriam: Industry Friends We Lost in 2025

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

Tanishq Orlando store exterior
MajorsDec 29, 2025
Tanishq Opens New Stores in Florida, Virginia

The retailer is expanding into areas with large Indian and South Asian populations.

Nanis Madonna di Campiglio Flagship
MajorsDec 29, 2025
Nanis Opens First Flagship Store

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

Amethyst Geodes Unearthed: Raw Beauty
SourcingDec 29, 2025
‘Unearthed: Raw Beauty’ Exhibition Opens at LA Museum

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

Stock image of gavel
CrimeDec 24, 2025
LA Jewelry District Couple Pleads Guilty to Hiding Millions from IRS

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

People shopping in winter clothes
SurveysDec 24, 2025
Consumer Confidence Falls Again in December

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

Hana Kaneko rings
Events & AwardsDec 24, 2025
NYC Jewelry, Antique, & Object Show Announces Winter Event

The new show will take place Jan. 23-25, 2026.

Brian Patrick Gilbertson
SourcingDec 23, 2025
Mining Titan Brian Gilbertson Dies at 82

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

Costume Designers Guild Award By Bulgari
Events & AwardsDec 23, 2025
Bulgari Reimagines Costume Designers Guild Award

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

Kering logo
MajorsDec 23, 2025
Kering to Acquire Stake in Raselli Franco Group

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

For Future Reference Vintage
MajorsDec 23, 2025
For Future Reference Vintage Enters Bloomingdale’s

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

Counterfeit Cartier and Audemars Piguet watches
CrimeDec 22, 2025
Customs Seizes Hundreds of Fake Rolex, Cartier Watches

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg new store concept rendering
EditorsDec 22, 2025
How Helzberg Is Reimagining Its Stores

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Graphic for the 2025 Year-End Webinar
Recorded WebinarsDec 22, 2025
2025 Jewelry Rewind: Looking Back on an Eventful Year

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

Pair of Ippolita Lollatini earrings
MajorsDec 19, 2025
MadaLuxe Group Acquires Ippolita

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Bulgari CEO Laura Burdese
MajorsDec 19, 2025
LVMH Names New Bulgari CEO

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

Harwell Godfrey Lil Buddies
EditorsDec 19, 2025
2025 Jewelry Superlatives: A Yearbook-Style Year in Review

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy