Christie’s Magnificent Jewels auction totals nearly $59M in New York

Brecken Branstrator

After a 13-carat pink diamond was pulled ahead of the sale, blue and colorless diamonds reigned supreme.

After a big pink diamond was pulled prior to the auction, big blue and colorless diamonds reigned supreme at the Dec. 6 Magnificent Jewels sale at Christie’s New York.

The auction was 93 percent sold by lot and totaled $58.8 million.

The top lot of the sale was a necklace set with a 31.62-carat fancy blue pear modified brilliant-cut diamond. It garnered $11.8 million, falling within its pre-sale estimate range.

At No. 2 was a pendant necklace featuring a pear brilliant-cut diamond weighing 86.64 carats and 78 pear diamonds, set in platinum and white gold, which also fell within its estimate when it sold for $5.7 million.

Next up there was a signed Graff brooch centered on a 107.46-carat fancy yellow round-cornered square diamond, with round and baguette-cut diamond accents and set in 18-karat white and yellow gold that sold for $2.6 million.

Rounding out the top five lots were two platinum rings, one with a 51.60-carat near colorless oval diamond, which went for $2.5 million, and the other with a 2.21-carat fancy intense blue oval diamond, which went for slightly above its pre-sale estimate when it garnered $2.3 million.

There was also an unmounted 104.04-carat fancy intense yellow modified pear diamond that sold for $2.3 million, and a ring featuring a 5-carat fancy vivid blue modified pear double rose-cut diamond with single-cut diamond accents in platinum that garnered $2.1 million.

Meanwhile, a Van Cleef & Arpels mystery-set ruby, emerald, and diamond flower brooch more than doubled the low end of its estimate when it sold for $1.2 million, and a circa 1948 diamond palm tree brooch from Cartier, featuring a 13.30-carat round brilliant-cut diamond and marquise, baguette, round, and single-cut diamond accents, sold for $1 million, compared with a pre-sale estimate range of between $500,000 and $700,000.

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Source National Jeweler

Photo © Christie’s.