Auctions

The 100-Carat ‘Spectacle’ Diamond Sells for $14M

AuctionsMay 13, 2021

The 100-Carat ‘Spectacle’ Diamond Sells for $14M

It sold at the low end of its estimated range at Christie’s jewelry auction in Geneva.

Estimated to sell for approximately $13 million to $20 million, “The Spectacle” diamond went for $14.1 million at Christie’s Geneva this week.
Geneva—“The Spectacle” found a buyer at Christie’s Geneva’s Magnificent Jewels sale on Wednesday.
 
The 100.94-carat, D-color, internally flawless Type IIa diamond sold for $14.1 million, landing at the lower end of its $13.2 million-$19.8 million pre-sale estimated range. 
 
The emerald-cut stone is said to be the largest diamond ever cut in Russia. 
 
Alrosa recovered the diamond, originally a 207.29-carat chunk of rough, in Udachny in 2016, later polishing it at the Diamonds of Alrosa facility in Moscow. 
 
Only the third D-color diamond weighing more than 100 carats Christie’s has offered at auction, it earned the lowest price of its high-quality heavyweight counterparts. 
 
The 101.73-carat flawless “The Winston Legacy” garnered $26.7 million in 2013, and the 163.41-carat flawless “Creation I” earned $33.7 million in 2017. 
 
Also topping the sale was a diamond ring featuring a Type IIa 15.23-carat, oval mixed-cut fancy intense pink diamond. It sold for $9.5 million, within its estimated range of $7.7 million-$12.1 million.

 
The next highest-grossing lot was a diamond ring from Boucheron. It smashed its $1.3 million to $1.7 million estimate, garnering approximately $3.5 million.
 
The three-stone style features a fancy purplish-pink rectangular cut-cornered, 8.06-carat center stone flanked by tapered baguette-cut diamonds.

This “Superb Colored Diamond and Diamond Ring” from Boucheron more than doubled its pre-sale estimate at Christie’s Geneva Wednesday.
This “Superb Colored Diamond and Diamond Ring” from Boucheron more than doubled its pre-sale estimate at Christie’s Geneva Wednesday.

A diamond pendant featuring a 53.53-carat, D-color, heart-shaped Type IIa diamond landed in its $2.2 million to $3.3 million range when it sold for $3.1 million.

A “Superb Diamond Pendant” featuring a 53.53-carat, D-color, heart-shaped Type IIa diamond
A “Superb Diamond Pendant” featuring a 53.53-carat, D-color, heart-shaped Type IIa diamond
 
The fifth highest-selling lot was a colored diamond pendant necklace, which earned $2.7 million. It was estimated to sell for between $2.4 and $3.1 million. 
 
The necklace featured fancy color diamonds of varying hues, with a fancy brown-yellow pear brilliant-cut diamond weighing 141.22 carats, the piece’s focal point.

A “Colored Diamond and Diamond Pendant Necklace” with 141.22-carat fancy  brown-yellow pear-shaped diamond
A “Colored Diamond and Diamond Pendant Necklace” with 141.22-carat fancy brown-yellow pear-shaped diamond

Another notable auction star was a sapphire and diamond crown from the 19th century. 
 
It belonged to Queen Maria II of Portugal and the Algarves (1819-1853), Infanta Antónia of Portugal (1845-1913), and William, Prince of Hohenzollern (1864-1927), respectively.

This “Important 19th Century Sapphire and Diamond Crown” sold for about $2 million.
This “Important 19th Century Sapphire and Diamond Crown” sold for about $2 million.
 
It is set with octagonal step-cut and oval-shaped sapphires, certified as Burmese no heat, in addition to varied old-cut diamonds. 
 
Estimated to fetch between roughly $187,000 and $386,000, it sold for nearly $2 million.  
 
See the full sales results on Christies.com.

 Related stories will be right here … 
Ashley Davisis the senior editor, fashion at National Jeweler, covering all things related to design, style and trends.

The Latest

Recorded WebinarsJun 18, 2021
Watch: How to Ace the Branding Game

Simon Mortimer offers must-know branding basics for companies that are just starting out or looking for a refresh.

FinancialsJun 18, 2021
Jewelry Sales Surge in May, Says Mastercard

U.S. jewelry sales were up more than 200 percent year-over-year in May while also exceeding pre-pandemic levels.

CollectionsJun 18, 2021
Foundrae Has an Epic Charitable Giveaway in Honor of Juneteenth

All proceeds of “Juneteenth Medallion” sales, as well as raffle tickets, benefit organizations that support BIPOC.

Brought to you by
How to Engage and Sell to Millennials

Millennials were once feared in the diamond industry, but now this younger generation has become today’s largest diamond buying demographic.

CollectionsJun 18, 2021
Piece of the Week: Colette’s Rainbow Eye Pendant

It’s a new addition to the designer’s charm collection.

Weekly QuizMay 20, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of June 14-18, 2021.
Take the Quiz
SourcingJun 17, 2021
Le Vian Donates Aquaprase Specimens, Jewels to New York’s AMNH

Two rough stones, three polished gems, and two jewels are in the museum’s redesigned gem and mineral halls.

MajorsJun 17, 2021
Mall Owner Washington Prime Group Files for Chapter 11

The company is implementing a restructuring plan after struggling amid the COVID-19 pandemic.

Brought to you by
A New Golden Age

Gold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.

TrendsJun 17, 2021
Amanda’s Style File: For the Fellas

In honor of Father’s Day, Amanda Gizzi rounds up gifts for Dad.

×