CollectionsApr 17, 2025
John Hardy, Athena Calderone Partner on Art Deco Decor-Inspired CollectionInterior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.
AuctionsNov 14, 2018
Harry Winston Just Acquired the ‘Pink Legacy’ for $50 Million
Sold at Christie’s Geneva Tuesday, the 19-carat stone broke a price-per-carat world auction record for a pink diamond.
At Christie’s Geneva’s Magnificent Jewels sale, the 19-carat Pink Legacy broke an auction world record for price per carat for a pink diamond when it sold for $50.4 million.
Geneva—Christie’s Magnificent Jewels sale held Nov. 13 in Geneva garnered more than $110 million, and nearly half of that was due to a very special pink diamond.
The Pink Legacy, the 18.96-carat rectangular-cut fancy vivid pink diamond, the largest and finest pink diamond Christie’s has offered at auction to date, is now part of the Harry Winston collection.
Christened the “The Winston Pink Legacy,” it sold to the iconic jeweler for $50.4 million, just exceeding its $30-$50 million pre-sale estimate.
It’s the most expensive pink diamond ever sold at Christie’s, and it set a world auction record for highest price per carat for a pink diamond.
Nayla Hayek, CEO of Swatch Group, which owns Harry Winston, said, “We are proud to continue in the Winston tradition of acquiring the finest gems in the world, and tonight The Winston Pink Legacy joins our incredible legacy collection, which began with the acquisition of the 101-carat, D Flawless, Winston Legacy diamond at Christie’s in 2013.”
Christie’s International Head of Jewelry Rahul Kadakia accepted the winning bid for the Pink Legacy after five minutes of “spirited bidding,” the auction house said.
“This exceptional diamond captured the imagination of international collectors across the globe, with over 30,000 people visiting Christie’s sale previews to see this remarkable stone,” Kadakia said. “It has taken its rightful place among the world’s greatest diamonds.”
The pink diamond previously belonged to the Oppenheimer family.
Christie’s said that, overall, its Magnificent Jewels auction sold 90 percent by value and 86 percent by volume, with signed jewels achieving particularly high prices.
A 1924 Art Deco Egyptian revival sautoir by Van Cleef & Arpels sold for $4,332,500, while an early 20th century steel and diamond Cartier tiara earned $492,500.
Four exceptional jewels by JAR were also hot items, with a multi-gemstone bouquet of violets brooch, created in 1993, fetching $732,500.
The Dodge Pearl Necklace, circa 1920, by Cartier well exceeded its $240,000 to $340,000 pre-sale estimate, garnering $1.2 million. The important piece was originally purchased by Horace Elgin Dodge, a founder of the Dodge Motor Car Company, for his wife Anna Thompson and, prior to that, are believed to have been in the collection of Empress Catherine II of Russia.
More on Auctions
The Latest
FinancialsApr 17, 2025
Movado Group to Increase Prices to Offset Tariffs ImpactDuring a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.
Lab-GrownApr 17, 2025
NDC Launches Its Diamond Learning CenterThe free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.
Policies & IssuesApr 17, 2025
Jewelers of America Requests Tariffs Testimonials from MembersThe feedback will be used to prepare other jewelers for the challenges ahead, the organization said.
Weekly QuizApr 18, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TechnologyApr 17, 2025
Technology Therapy Group Expands AI Training for Jewelry RetailersThe online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.
IndependentsApr 16, 2025
Catbird Expands to ChicagoThe opening marks the jewelry retailer’s first location in the Midwest.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
CollectionsApr 16, 2025
Foundrae’s First Commitment Jewelry Collection Unites Through LoveThe “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.
IndependentsApr 16, 2025
Indiana Jeweler to Host Black Jewelry Designer Pop-UpRobert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.
MajorsApr 16, 2025
WJA Announces Board Members, New Chicago Chapter PresidentThe announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.
EditorsApr 15, 2025
Tariffs: What We Know Right Now Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.
EditorsApr 15, 2025
Q&A: Bogolo Joy Kenewendo on Making Deals, Marketing DiamondsKenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.
FinancialsApr 15, 2025
LVMH’s Q1 Sales Slip 2 PercentLVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.
CrimeApr 15, 2025
Jon Hamm Plays a Jewel Thief on Apple TV+The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”
SourcingApr 15, 2025
Diamond Club West Coast Names 2025 BoardThe organization has reelected Kalpesh Jhaveri as president.
FinancialsApr 14, 2025
Movado to Restate Years of Financials Due to ‘Misconduct’ in Dubai An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.
CollectionsApr 14, 2025
Sauer Embraces Emptiness Through ‘Ma’ CollectionThe collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.
IndependentsApr 14, 2025
Illinois Jeweler Closing After 45 YearsMari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.
GradingApr 14, 2025
GIA Expands Overseas Services as Tariffs Kick InGIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.
Recorded WebinarsApr 11, 2025
Watch: Top Tips for Saving Time With AITwo experts share how artificial intelligence tools can help retailers run a more efficient business.
SourcingApr 11, 2025
Mikimoto Names New President, CEO for U.S. DivisionKentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.
WatchesApr 11, 2025
Bulova Documentary Now on Amazon Prime“America Telling Time: 150 Years of Bulova” explores the storied history of the American watchmaker.
Policies & IssuesApr 10, 2025
Trump Presses Pause on Higher Tariffs for 90 DaysAn across-the-board tariff of 10 percent remains in place for all U.S. trading partners, except China.
MajorsApr 10, 2025
Brilliant Earth Taps Influencers, Their Moms for Mother’s Day CampaignBrigette Pheloung and Tania Sarin, and their mothers, star in the campaign wearing medallions they co-designed.
MajorsApr 10, 2025
Pary LeVian, Matriarch of the LeVian Family, Dies at 96LeVian is remembered for her unwavering commitment to her family, community, and helping others.
Events & AwardsApr 10, 2025
Hamptons Jewelry Show to Debut This SummerThe retail show is open to the public and will run July 24-27.
