Auctions

31.62-Carat ‘Azure Blue’ Diamond Sells For $8M+ at Christie’s

AuctionsJun 10, 2026

31.62-Carat ‘Azure Blue’ Diamond Sells For $8M+ at Christie’s

It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.

Azure blue diamond and 5.04-carat fancy vivid blue diamond
At left, the “Azure Blue,” a 31.62-carat fancy blue diamond, and at right, a 5.04-carat fancy vivid blue diamond. Both stones sold for more than $8 million at Christie’s jewelry auction held Tuesday in New York.
New York—The “Azure Blue,” a nearly 32-carat, pear-shaped fancy blue diamond, was the star of Christie’s jewelry auction that took place Tuesday in New York, selling for $8.4 million.

The second highest-grossing lot at the sale was another blue diamond, this one a 5.04-carat fancy vivid blue marquise brilliant-cut diamond, which achieved $8.1 million.

Both diamonds had a pre-sale estimate of $6.5 million to $8.5 million.

All told, Christie’s Magnificent Jewels auction totaled $49.7 million with every lot sold and blue gemstones making a particularly strong showing.

In addition to the two blue diamonds topping $8 million, a 41.29-carat Sri Lankan sapphire and diamond ring sold for $2.3 million against a high-end estimate of $800,000 after “spirited bidding” from nine telephone bidders, multiple online bidders, and in-room bidders, Christie’s said.

A Graff ring featuring a 30-carat cushion mixed-cut Sri Lankan sapphire flanked by heart-shaped diamonds achieved $1.8 million, more than double its estimate.

Kashmir sapphire ring
A buyer paid $2.1 million for this 15.49-carat Kashmir sapphire platinum ring with pavé diamond accents at Christie’s New York jewelry auction. Its pre-sale estimate was $1.2-$1.8 million


Additionally, a 15.49-carat Kashmir sapphire mounted in a platinum ring (pictured above) with pavé diamond accents sold for $2.1 million.

Claibourne Poindexter, Christie’s head of jewelry for the Americas, said, “Achieving 100 percent sold is a powerful testament to the appetite of today’s collectors and to the exceptional, carefully curated assemblage presented in this sale. 

“From rare blue diamonds to extraordinary sapphires and rubies, the strength of demand across categories—particularly colored stones—underscores the global enthusiasm for jewels of beauty, rarity, and provenance.”

 Related stories will be right here … 

A handful of private collections also were featured in the sale.

From “The Joanna Carson Collection: A Legacy of Glamour and Giving” a sapphire and diamond ring sold for $508,000, blowing away its pre-sale estimate of $50,000 to $70,000.

Carson was a model, philanthropist, and Broadway producer who was married to “The Tonight Show” host Johnny Carson in the ‘70s and ‘80s.

She died in July 2025, and another collection of her jewelry went up for auction earlier this year in Los Angeles.

A pair of sapphire and diamond pendant earrings from the same collection garnered $457,200 against a low estimate of $100,000, and an emerald and diamond ring sold for $368,300 against a low estimate of $50,000.

Bridget Rooney Koch David Morris jewelry
These David Morris ruby and diamond earrings from the collection of Bridget Rooney Koch sold for $1.4 million, while this David Morris ruby and diamond necklace sold for $889,000.


A pair of David Morris ruby and diamond pendant earrings, one of three lots in “Exceptional Jewels from the Collection of Bridget Rooney Koch,” realized $1.4 million, doubling its low estimate.

Koch is the granddaughter of Art Rooney, legendary founder of the Pittsburgh Steelers.

From the “Property from the Collection of Irene Roosevelt Aitken,” a retro Van Cleef & Arpels diamond and gold bracelet was a highlight, selling above estimate for $317,500.

The bracelet once belonged to French-American opera singer Lily Pons.

Van Cleef & Arpels 1940 gold diamond bracelet
A buyer paid more than $300,000 for this circa 1940 bombé style Van Cleef & Arpels bracelet with round and old-cut diamonds in yellow gold and platinum.


A curator and patron of the arts, Aitken was the wife of John Aspinwall Roosevelt, President Franklin D. Roosevelt’s youngest son.

Following his death, she married recently widowed artist Russell Barnett Aitken. His late wife was the sculptor Annie Laurie Crawford, later Aitken, after whom the Metropolitan Museum of Art’s British Galleries are named.

Per Irene’s final wish, proceeds from the sale will benefit the Met, the Frick Collection, and the Morgan Library and Museum.

Art Deco bow brooch
This Art Deco diamond bow brooch, which belonged to former federal prosecutor Gay Hugo-Martinez, sold for more than triple its low estimate.


From the collection of Gay Hugo-Martinez, a prominent former federal prosecutor and civic leader in Southern California, a bow brooch from the Art Deco era sold for $241,300, tripling its low estimate of $80,000.

The top lot from the collection of American philanthropist Lorinda Payson de Roulet was an antique natural pearl and diamond brooch, which sold for $1.2 million against an estimate of $500,000 to $700,000.

See more results from the sale on Christie’s website.

The Latest

Stock image of shipping containers
Policies & IssuesJul 20, 2026
Tariffs on Brazil to Increase But Rough Gemstones Exempt

The new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.

Vhernier Freccia High Jewelry Necklace
CollectionsJul 20, 2026
Vhernier Transforms ‘Freccia’ Collection Into High Jewelry

The collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.

Krista Collins Walters
MajorsJul 20, 2026
Krista Collins Walters Promoted to Publisher of Instore

She will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.

Brought-To-By-Article-Top-Image.jpg
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center Stage

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Attendees at the Jewelry Symposium
Events & AwardsJul 20, 2026
TJS Accepting Speaker Proposals for 2027 Event

Organizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.

Weekly QuizJul 17, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
HOWL Frida Venetian Glass Collar
CollectionsJul 17, 2026
HOWL Taps Shailene Woodley for ‘Home Sweet Home’ Campaign

Woodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.

A diamond ring in a jewelry box
SourcingJul 17, 2026
U.K. Woman Pays £5 for £15K Diamond Ring at Car Boot Sale

A WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.

DCA-NJ-article-1872x1052-060826.jpg
Brought to you by
Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce Solutions

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Unveiling Rarities
SourcingJul 17, 2026
Diamond Dealer Jeff Pancis Pens Memoir

The founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.

Gem Awards 2027 Logo
Events & AwardsJul 17, 2026
Gem Awards Opens 2027 Nomination Period

Submissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.

Guzema Founder and Creative Director Valeriya Guzema and Co-Owner and CEO Mariana Lenha
EditorsJul 16, 2026
Q&A: Guzema’s Co-Owners On Its US Expansion, 10-Year Anniversary

Valeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.

Main camp at Ekati Diamond Mine
SourcingJul 16, 2026
Ekati to Close, Leaving Canada With One Diamond Mine

The diamond mine, which opened nearly 30 years ago in Canada’s Northwest Territories, is expected to shut down by mid-August.

Necklace from Vhernier’s “Freccia” high jewelry collection
FinancialsJul 16, 2026
Richemont’s Jewelry Sales Soar for the Seventh Quarter in a Row

Jewelry sales for the company, which owns Cartier, Van Cleef & Arpels, Vhernier, and Buccellati, rose 21 percent in the first quarter.

Grace Barden
Events & AwardsJul 16, 2026
MJSA Mentor & Apprenticeship Program Certifies First Advanced Apprentice Graduate

The graduate, Grace Barden, credited the program with helping her secure a job as a bench jeweler.

Jewelers of Louisiana 80th Annual Convention Logo
Events & AwardsJul 16, 2026
Jewelers of Louisiana to Host 80th Convention

The event, scheduled for next month in New Orleans, will include dinner, a custom jewelry design contest, and education sessions.

Lucara diamond
SourcingJul 15, 2026
1,305-Carat Diamond Recovered from Mine in Botswana

The yet-to-be named stone is the 10th diamond weighing more than 1,000 carats to come out of Lucara’s Karowe mine.

Barry Berman
IndependentsJul 15, 2026
New Jersey Jeweler Barry Berman Dies at 81

The founder of Fords Jewelers, Berman is remembered for his love of connecting with his community.

Watches of Switzerland Mall of America store
FinancialsJul 15, 2026
Watches of Switzerland’s US Sales Jump 18%, Declines to Comment on Sale Report

The watch and jewelry retailer had a strong fiscal year despite what its CEO described as a “complex operating backdrop.”

Hamptons Jewelry Show exhibitors Maison Mèrenor, Jochen Leën, Studio Javo
Events & AwardsJul 15, 2026
Hamptons Jewelry Show to Return in July

The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.

Pomellato Eye of Tanzanite Necklace and Pin-Up Ring
CollectionsJul 15, 2026
Pomellato’s New High Jewelry Is Liberating

Bold color, expressive gem-setting, and sculptural form define the three chapters that make up “Stile Libero.”

Foundrae London Store Showcases
IndependentsJul 14, 2026
Foundrae Opens First Standalone Store Outside US

The New York-based jewelry brand has expanded overseas, opening a store in London’s Mayfair district.

The Retail Smiths Principal Partner and National Jeweler columnist Sherry Smith
ColumnistsJul 14, 2026
Sherry Smith: What Today’s Jewelry Consumer Is Telling Us

Rising revenue does not automatically mean a healthy business, particularly in the current economic landscape, Smith writes.

Mindi Mond New York emerald shoulder duster earrings
TrendsJul 14, 2026
Amanda’s Style File: Shoulder Dusters

These long, fluid drop earrings are sure to catch the eye.

FBI Most Wanted image of Alberto Perez-Elias
CrimeJul 14, 2026
Man Charged in $1M Jewelry Store Heist Lands on FBI Most Wanted List

Alberto Perez-Elias is one of four men charged with robbing a Cape Coral, Florida, jewelry store and is the only one still at large.

Aerial view of Amazon
Events & AwardsJul 14, 2026
Conference on Mining, Sustainability Kicks Off in NYC

Initiatives in Art and Culture is hosting its 16th annual Gold and Diamond Conference, with the theme of “Resilience.”

Stephanie Gottlieb Casual Carats Lab-Grown Dimond and Silicone Rings
Lab-GrownJul 13, 2026
Stephanie Gottlieb Changes Her Mind on Lab-Grown Diamonds

The designer, who once said she’d never sell lab-grown diamonds, debuted two capsule collections designed to be fun and easy to wear.

File photo of the Venetia Diamond Mine in South Africa
SourcingJul 13, 2026
De Beers Announces Potential Layoffs, 2-Year Production Pause at Venetia

The diamond miner and marketer is undergoing another round of cost-cutting measures ahead of its sale by Anglo American.

×

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