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AuctionsAug 12, 2016
Colored, colorless diamonds to top Christie’s sale
The April 14 auction of Magnificent Jewels in New York is expected to garner more than $40 million total.
Scheduled for April 14 in New York, the sale will offer more than 300 lots, including a four-strand natural colored pearl necklace that features pearls ranging in size from 4.90 to 12.65 millimeters. The necklace is expected to fetch up to $4.5 million.
Colored and colorless diamonds and rare gemstones will be part of the auction, including a 5.29-carat fancy intense purplish-pink diamond that could garner between $3.5 million and $5 million. A circular-cut fancy gray-blue diamond weighing 5.04 carats is expected to sell for up to $2.5 million.
Signed jewels also will be offered at the sale, among them a sapphire and diamond necklace by Graff that could achieve up to $350,000 and a pair of emerald, diamond and colored diamond ear clips by JAR that also have a pre-sale estimate of $350,000. Pieces from Van Cleef & Arpels and Harry Winston are included in the auction as well.
“After a record-breaking year in 2014 in which Christie’s jewelry department realized an unprecedented $754.7 million in sales, we are proud to begin the jewelry auction season with this exceptional sale of Magnificent Jewels in New York,” said Rahul Kadakia, international head of Christie’s Jewelry.
Additional information on the sale can be found on the Christie’s website.
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