Policies & IssuesMar 03, 2025
Customs Indefinitely Postpones Requirement to Disclose Country of MiningOriginally slated to take effect in April, official U.S. Customs and Border Protection documents now show the implementation date as “TBD.”
AuctionsJul 22, 2020
Christie’s Partially Resuming In-Person Jewelry Auctions in New York
You can visit this 116-carat diamond estimated to sell for $5 million to $7 million at Christie’s Rockefeller Center location, but you can’t bid on it in person.
This pear-shaped diamond is expected to fetch between $5 million and $7 million at Christie’s New York’s Magnificent Jewels Sale next week.
New York—Like most of the world, Christie’s went virtual this spring due to the global pandemic, breaking a record for most expensive jewel to be sold at an online auction in the process.
Now, following its in-person Hong Kong Magnificent Jewels sale, Christie’s New York is dipping its toe back into live jewelry auctions next week, with some significant caveats.
Christie’s is foregoing in-person bidding at its July 29 Magnificent Jewels sale but still allowing for absentee and telephone bids.
Real-time bidding is also available online through Christie’s Live. All manners of bidding require at least 24-hour advance registration.
Interested parties may peruse lots in person prior to the sale, however, by making an appointment during July 25-28 viewing hours.
There they can spy the lot leading the Magnificent Jewels sale—a diamond necklace, pictured at top of article and above, featuring a 115.83-carat, F color, VVS1 pear-shaped diamond, valued at $5 million to $7 million.
Other white diamonds of particular import are the above ring with a 25.22-carat, VVS2, D color, pear-shaped diamond valued at $1.5 million to $2.5 million, and the below ring with 15.20-carat heart modified brilliant-cut diamond.
Colored diamonds are also expected to garner some buzz. A ring with 7.16-carat, internally flawless, fancy intense blue diamond (seen below) is expected to go for between $3.5 million and $5 million, while a ring with 33.65-carat, VS2 fancy intense yellow diamond is estimated to fetch between $525,000 and $625,000.
Leading the colored gemstone lots are a ring with 42.45-carat Burmese sapphire ($350,000-$550,000), a 35.77-carat Colombian emerald ring ($300,000-$500,000), and the below Art Deco sapphire and diamond sautoir by Bulgari ($650,000-$850,000).
A number of private collections will be on offer featuring signed pieces from the likes of Belperron, Bulgari, Cartier, David Webb, Harry Winston, Jean Schlumberger for Tiffany & Co., Van Cleef & Arpels and Verdura.
The Estate of Pauline Ireland features over 50 lots, most notably a Verdura beryl, yellow sapphire and cultured pearl brooch estimated to sell for $10,000 to $15,000 and a Cartier Art Deco ruby and diamond jabot brooch expected to fetch $15,000-$20,000.
The Collection of James and Marilyn Alsdorf most notably offers a single-stone pear-shaped diamond ($100,000-$150,000), while The Collection of Gloria Manney features Van Cleef & Arpels black opal, colored diamond and diamond fish brooch ($50,000 to $70,000).
A 16.79-carat Colombian emerald ring is the most expensive lot offered from The
Property of a Texas Collector, with a $200,000 to $300,000 estimate. Four lots from JAR, meanwhile, including a pair of diamond and colored diamond “Trellis” earrings (seen above), expected to sell for between $150,000 and $200,000, come from The Property of a Lady.
Christie’s Hong Kong, Alrosa, Diamonds Do Good and designer Anna Hu recently worked together to raise more than $300,000 in an auction benefitting families impacted by the pandemic, and the New York sale will feature an important piece from the designer.
From a private collection, the one-of-a-kind “Sky Tower” necklace” combines Chinese cultural influences with a nod to Western architecture.
The necklace (rendering pictured below) features a detachable brooch set with jadeite plaque and resembles French architect Jean Nouvel’s 53 West 53 building in New York City.
The Magnificent Jewels sale will take place at Christie’s Rockefeller Center Galleries on July 29.
Additionally, Christie’s latest Jewels Online sale kicks off today, July 22, and concludes Aug. 6 and 7, depending on the lot.
More on Auctions
The Latest
EditorsMar 03, 2025
Drop Necklaces, Archival Pieces Take Over at the 2025 OscarsFrom Doja Cat to Mikey Madison and Selena Gomez, many of this year’s Academy Awards attendees donned drop necklaces.
SurveysMar 03, 2025
Consumer Confidence Fell in February Amid Concerns About the FutureThe recent jump in the prices of household staples, like eggs, and the potential impact of tariffs worried consumers.
Brought to you by
Have a Plan for EmergenciesEmergencies can happen anytime, anywhere , and Jewelers of America has what you need to be prepared for it all.
Events & AwardsMar 03, 2025
AGA Now Accepting Applications for Its Gemological Education Scholarship The application period for the program is now open for aspiring gemologists around the world.
Weekly QuizFeb 27, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsFeb 28, 2025
Piece of the Week: Ironhorse Quillwork EarringsThe work of Indigenous designer Joe Big Mountain, these earrings are similar to the pair Lily Gladstone just wore to the SAG Awards.
Recorded WebinarsFeb 28, 2025
Watch: 2025 Jewelry Trends ForecastFine jewelry consultant and publicist Francesca Simons joins Amanda Gizzi and Natalie Francisco to discuss the trends set to rise this year.
Brought to you by
A Diamond ETF is the Way to Reinvigorate Natural Diamond SalesThe jewelry industry faces challenges from lab-grown diamonds. A diamond ETF can restore natural diamonds' value and drive investor demand.
TrendsFeb 27, 2025
Model Winnie Harlow Says ‘Yes’ to 3-Stone Engagement RingHarlow’s partner, NBA player Kyle Kuzma, worked with Vobara to design the ring, which features oval and pear-shaped diamonds.
MajorsFeb 27, 2025
Winona Ryder, Iman Star in New Pandora CampaignThe Danish jeweler released the next chapter of its “Be Love” campaign, which celebrates love in all its forms.
SourcingFeb 27, 2025
Gemfields Holds Mini Auction for Higher-Quality EmeraldsThe 13 lots on offer were comprised of material that previously went unsold at the miner’s November auction.
Events & AwardsFeb 27, 2025
JA to Host Workshop During Alabama Jewelers Association ConventionThe learning workshop and the convention are both scheduled to take place April 26 and 27 in Montgomery, Alabama.
Policies & IssuesFeb 26, 2025
EU Once Again Pushes Back Deadline on Diamond Traceability The EU, like the U.S., also now will require diamond importers to provide information about where exactly the diamonds were mined.
SourcingFeb 26, 2025
De Beers, Botswana Make New Diamond Sales Deal OfficialThe formal signing of the agreement comes nearly two years after De Beers and Botswana initially announced they had reached a new deal.
Events & AwardsFeb 26, 2025
JFC Names 2025 ‘Facets’ HonoreesThe charity will celebrate Pandora CEO Alexander Lacik and Brilliant Earth CEO Beth Gerstein at its annual event in Las Vegas.
ColumnistsFeb 25, 2025
Peter Smith: Here’s What I Think Retailers need to have the right merchandise, marketing, and people in place to stay on top in a sea of uncertainty, Peter Smith writes.
EditorsFeb 25, 2025
Out & About: Visiting Tacori’s New Shop-in-Shop Senior Editor Lenore Fedow traveled to Smyth Jewelers in Maryland to see the first of 15 revamped in-store boutiques Tacori is rolling out.
MajorsFeb 25, 2025
Qurate Has a New NameThe parent company of HSN and QVC is undergoing a restructuring.
CollectionsFeb 25, 2025
Michael B. Jordan Stars in David Yurman’s Spring CampaignThe company’s newest brand ambassador Eiza González will also be featured in the ads for the women’s campaign.
SourcingFeb 24, 2025
Colored Stone Market Update: Tracking Industry Trends in TucsonDeclining supply and growing demand persist in the colored gemstone market, presenters from Gemworld said at AGTA GemFair Tucson.
TrendsFeb 24, 2025
Renna’s Lobster Clasp Looks Like a Claw, Now It's Patented by LawThe designer’s new patent transforms the everyday clasp into her jumbo “Lobster Clasp,” modeled after the look of a crustacean’s claw.
Events & AwardsFeb 24, 2025
Bogolo Joy Kenewendo to Speak at Annual JVC LuncheonKenewendo, Botswana’s minister of minerals and energy, will discuss the future of diamonds.
SourcingFeb 24, 2025
Diavik’s Production Down 17% in 2024 Sales at the Rio Tinto-owned mine also slid by a double-digit percentage, falling 37 percent in a difficult market for diamonds.
CollectionsFeb 21, 2025
Piece of the Week: Jade Ruzzo’s ‘Tennessee’ Oval Drop EarringsHeidi Gardner, an SNL cast member, wore the smoky quartz earrings on the “SNL50: The Anniversary Special” red carpet on Sunday.
SourcingFeb 21, 2025
Zambia Lifts 15% Export Duty on Gemstones, Metals The reversal comes less than two months after the Zambian government reinstated the tax in an effort to bring in more money.
MajorsFeb 21, 2025
24 Karat Club of New York Names New PresidentThe organization also announced its newly elected officers and directors.
SourcingFeb 20, 2025
Anglo Writes Down Value of De Beers by $2.9B As anticipated, Anglo took another impairment charge on the diamond miner and marketer, which saw revenue sink 23 percent in 2024.
