This 8.42-carat brilliant-cut fancy intense pink diamond is the highlight of the upcoming Magnificent Jewels sale at Christie’s New York.
New York--An 8.42-carat pink diamond ring is expected to lead Christie’s New York jewelry sale next month.
The cut-cornered rectangular modified brilliant-cut fancy intense pink diamond is VVS1 clarity and potentially internally flawless. It is flanked on either side by a tapered baguette-cut diamonds and mounted in platinum and rose gold.
It is estimated to sell for $4 million to $6 million.
Scheduled for April 17, the Magnificent Jewels auction has more than 200 lots, with estimates ranging from $4,000 to $4 million.
Beyond the pink diamond, highlights include two notable pieces by JAR, whose meticulously crafted jewels are renowned worldwide.
Born in New York City in 1943, Joel Arthur Rosenthal graduated from Harvard in 1966 before moving to Paris. He worked as a screenwriter and needle stitcher, as well as with Bulgari in New York, before moving back to Paris and opening a store on the Place Vendôme with his partner, Pierre Jeannet, for his jewelry creations.
His pieces are being sold in the Christie’s auction to benefit the Art for Justice Fund, which connects criminal justice advocates with artists to help reform the criminal justice system in the United States.
The first JAR piece is the “Moghul” pendant brooch pictured above, created in 1999 and set in silver and 18-karat gold.
The brooch was designed as a stylized bombé architectural turret and is pavé-set with circular-cut amethysts surrounding a 14.77-carat cushion-cut sapphire and a border of single-cut diamonds. It also has a single-cut diamond cap suspending a natural pearl tassel and the reverse side is set with pavé diamonds.
The piece has a detachable chain set with single-cut diamond stations and comes in a JAR pink leather case.
The brooch is estimated to sell for between $200,000 and $300,000.
The second JAR piece is a “thread” ring (pictured above), so named for the perceived lightness of the setting and fine pavé work.
It features an elongated oval brilliant-cut diamond weighing 22.76 carats and of D color and VVS1 clarity, and a diamond-set two-tiered threadwork gallery and hoop mounted in platinum. It also includes a JAR case.
The ring is expected to sell for $2.5 million to $3.5 million.
It was the highlight of the 2006 Magnificent Jewels auction at Christie’s New York, where it was offered as part of the collection of actress and film producer Ellen Barkin. At the time, it sold for
$1.8 million, well over its pre-sale estimate of $1.2 million.
Other highlights of the upcoming sale include a selection of colored diamonds, white diamonds and gemstones, along with signed period and modern jewels from houses like Boucheron, Bulgari, Cartier, David Webb, Harry Winston, Tiffany & Co. and Van Cleef & Arpels.
Christie’s said the auction also includes five important blue diamond rings from “esteemed” private collections.
Below are some of the stand-out lots. To see all lots, visit Christies.com.
Bulgari earrings featuring periwinkle enamel and circular-cut diamond links in a kite-shaped motif, accented by circular cabochon rubies and made in 18-karat gold ($10,000 to $15,000)
This crossover twin stone ring from Cartier features a 2.85-carat pear modified brilliant-cut fancy intense pink diamond and a 2.42-carat pear brilliant-cut fancy vivid blue diamond accented with baguette-cut diamonds and a circular-cut diamond gallery in platinum. It’s expected to sell in the range of $3 million to $5 million.
This circa 1940 Paul Flato hinged open-collar necklace is enhanced on each end with an old-cut diamond flower blossom extending a cascade of old-cut diamond lily of the valley blossoms and old-cut diamond buds with tapered baguette-cut diamond stems, all in platinum. It is expected to garner between $200,000 and $300,000.
This Van Cleef & Arpels necklace features a detachable pendant-brooch set with an oval-cut emerald weighing 24.32 carats within a halo of circular and marquise-cut diamonds. It hangs from a necklace featuring seven graduated rectangular-cut emeralds, the largest weighing 11.86 carats, each surrounded by two halos of circular-cut diamonds and joined by oval or circular-cut emerald, pear and marquise-cut diamond links. It could go for between $950,000 and $1.3 million.
A pair of white topaz, black jade and 18-karat gold “five-stone” cuffs from Verdura ($30,000-$50,000)
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.
