A 53.04 carat D color, internally flawless diamond is expected to fetch up to $5m when it is sold a Sotheby’s New York.
The Type IIa pear-shaped lose stone will lead the Magnificent Jewels sale on 7 June.
A GIA report from last November describes the diamond as having very good polish, good symmetry and no fluorescence.
The diamond, which carries an estimate of $3m to $5m, will be among the first items sold under Sotheby’s new price structure (introduced on 20 May) under which buyers pay a reduced premium – down by 26m per cent on their purchases.
Another highlight of the auction, also with a $3m to $5m estimate, is a David Morris necklace of Kashmir sapphires 2.40 cts to 11.37 cts and graduated oval-shaped diamonds.
All 24 items on offer at the first gender-free live auction of bejeweled and embellished vintage timepieces at Sotheby’s found buyers, with the entire group selling in less than an hour.
The top item at the sale, called Rough Diamonds, was a Patek Philippe Ref. 3290 bracelet watch, ring and necklace set, created in 1962 by Gilbert Albert, decorated with enamel and pearls. The set sparked a more than six-minute battle between seven bidders, finally selling for CHF 393,700 ($435,727), over seven times its high estimate, Sotheby’s said Friday.
In total, the April 11 auction garnered CHF 1.2 million ($1.3 million), nearly twice its upper presale price.
“Rough Diamonds was born from the desire to bring to market a concept watch sale that truly resonated with collectors,” said Josh Pullan, global head of Sotheby’s luxury division. “The results of tonight’s sale, with all 24 lots selling to such a diverse and enthusiastic group of buyers, has validated that vision. The fact that the Gilbert Albert-designed Patek Philippe — the most idiosyncratic and extravagant lot in the sale — has become the most valuable lot sold tonight proves that there is a definite appetite amongst buyers for nonconformist and boldly eccentric timepieces, presented in a differentiated context.”
Other items that performed well included two Audemars Piguet watches. The first, a Cobra Royal Khanjar from 1985, brought in CHF 165,100 ($182,724), while a car-shaped white gold, diamond and emerald-set wristwatch from 1995 fetched CHF 107,950 ($119,474). Both pieces smashed their high estimates. Meanwhile, a Patek Philippe bangle watch from 1976 more than doubled its upper price tag, going for CHF 63,500 ($70,279).
Two timepieces set new auction records at the most recent Sotheby’s watch sale in Hong Kong, while nearly half of the lots sold above their high estimates.
A Patek Philippe Ref. 2526, the first self-winding wristwatch from collector J.B. Champion, brought in HKD 5.7 million ($729,977), within its estimated range, Sotheby’s said Monday. Meanwhile Cartier’s Paris Cloche, No. 1/1, fetched HKD 1.7 million ($210,882), more than four times its high estimate. Both set a record for the highest auction amount for the specific model, Sotheby’s noted.
In total, the April 7 Hong Kong Important Watches auction garnered HKD 126.3 million ($16.1 million). Over two-thirds of buyers were from China and the US, the auction house noted.
Meanwhile, the top lot of the auction, a Patek Philippe Ref. 2499 made in 1960, saw fierce bidding between participants in the room and on the phone. That piece, which sold within its estimated range, went for HKD 8 million ($1 million) after nearly 20 bids.
An unmounted 55.55-carat diamond was the top seller at the most recent Sotheby’s auction in Hong Kong, bringing in HKD 45.2 million ($5.8 million).
The price for the oval brilliant-cut, D-flawless stone, named the Fortune Five, fell within its HKD 38 million to HKD 50 million ($4.9 million to $6.4 million) presale estimate, Sotheby’s said Saturday. In total, the April 6 Magnificent Jewels sale garnered HKD 285.7 million ($36.5 million), with 76% of items finding buyers.
Colored diamonds and gemstones proved popular choices, comprising half of the best sellers, as were jewels from well-known design houses, including Graff, Harry Winston, & Tiffany & Co.
Here are the rest of the top 10 items at the sale:
This ring, set with a cushion-shaped, 7.01-carat, fancy-vivid-yellowish-orange, VS2-clarity diamond, smashed its $2 million upper estimate to fetch HKD 29.5 million ($3.8 million).A Harry Winston ring bearing a cushion-shaped, 16.65-carat Kashmir sapphire flanked by two triangular diamonds just missed its high price, bringing in HKD 19.8 million ($2.5 million).Sotheby’s sold this ring featuring a cushion-shaped, 5.07-carat, pigeon’s blood Burmese ruby surrounded by diamonds for HKD 12.7 million ($1.6 million), just under its lower estimate.A ring with a cushion-shaped, 66.44-carat, fancy-intense-yellow, VS2-clarity diamond, offered without reserve, went for HKD 11.6 million ($1.5 million), a bit shy of its upper presale price.A necklace with 29 intense-green jadeite beads secured by a ruby and diamond clasp realized HKD 10.7 million ($1.4 million), within its expected range.This unmounted emerald-cut, 20.19-carat, D-flawless, type IIa diamond garnered HKD 10.7 million ($1.4 million), within its presale price parameters.A pair of earrings, each set with a step-cut Colombian emerald — one weighing 10.84 carats and the other 9.79 carats — and diamonds, beat predictions to yield HKD 10.4 million ($1.3 million).This Harry Winston ring containing a pear-shaped, 15.26-carat, D-color, VVS1-clarity diamond center stone achieved HKD 7.7 million ($989,602), falling slightly below its HKD 7.8 million ($1 million) lower presale price.A ring by Graff set with an oval-shaped, 10.02-carat, D-flawless diamond, between two heart-shaped diamonds, brought in HKD 7 million ($892,264), within its original range.
A ring with a rare fancy-vivid-yellowish-orange diamond is set to lead the upcoming Sotheby’s jewelry sale in Hong Kong, which will take place during its luxury week.
The auction house has not disclosed the estimate for the cushion-shaped, 7.01-carat, VS2-clarity diamond it will offer at the April 6 Magnificent Jewels event.
Along with that stone, Sotheby’s will feature several other colored diamonds in its top 10, as well as jadeite pieces. Jewels from well-known design houses, including Harry Winston, Graff, Chopard, Tiffany & Co., Bulgari, and Boucheron, will also take center stage.
Here are the rest of the top 10 jewels Sotheby’s will offer at the auction:
This unmounted oval brilliant-cut, 55.55-carat, D-flawless, type IIa diamond has a presale estimate of HKD 38 million to HKD 50 million ($4.9 million to $6.4 million).A ring with a heart-shaped, 10.33-carat, fancy-intense-orangey-pink, VVS1-clarity diamond is estimated to fetch HKD 25.3 million to HKD 40 million ($3.2 million to $5.1 million).Sotheby’s will sell this ring bearing a round-cornered rectangular modified brilliant-cut, 4.01-carat, fancy-intense-purplish-pink, internally flawless diamond for up to HKD 30 million ($3.8 million).This necklace, containing 18 oval jadeite cabochons with brilliant-cut diamonds, is estimated to bring in up to HKD 28 million ($3.6 million).A collection featuring a detachable pendant necklace, composed of seven oval jadeite cabochons as well as diamonds, in addition to a pair of earrings and a ring will be offered for HKD 18 million ($2.3 million) to HKD 28 million.A ring by Jacques Timey for Harry Winston contains a cushion-shaped, 16.65-carat Kashmir sapphire flanked by two triangular-shaped diamonds. It carries a presale estimate of HKD 17 million to HKD 20 million ($2.2 million to $2.6 million).This jadeite bangle is set to go under the hammer at the Hong Kong auction, where it has a price range of HKD 16.8 million to HKD 22 million ($2.1 million to $2.8 million).A ring with a cushion-shaped, 5.07-carat, pigeon’s blood Burmese ruby surrounded by epaulette- and marquise-shaped diamonds is due to bring in between HKD 12.8 million ($1.6 million) and HKD 18 million.Another jadeite collection, comprising a necklace set with 14 oval jadeite cabochons and brilliant-cut, pear- and marquise-shaped diamonds, together with a ring and a pair of earrings, has a price range of HKD 12 million ($1.5 million) to HKD 18 million.
Sotheby’s is set to offer over 180 iconic pieces of jewelry belonging to a single owner, featuring items such as Van Cleef & Arpels’ famous Zip necklace, a Cartier Panthère and a Bulgari Serpenti.
The event, called From the Vault: Exceptional Signed Jewels, will take place on March 7 during the company’s New York Luxury sales, it said Tuesday. The auction house curated the collection with a special focus on iconic motifs, it added.
Prices for the pieces, all signed by well-known design houses, range from $3,000 to $3 million. The top item is a matching necklace and earrings set by Asprey, comprising 50 graduated round, fancy-vivid-yellow diamonds and one round, fancy-intense-yellow diamond weighing a total of 55.26 carats, accented with white diamonds. It is estimated to bring in between $2 million and $3 million.
Here are some of the other pieces that will be offered at the auction:
This Harry Winston necklace was designed by François Tavernier as a line of round diamonds bordered by alternating pear- and marquise-shaped diamonds. The piece, which can be detached into several sections, has a presale range of $1.2 million to $1.8 million.A Van Cleef & Arpels bracelet set with baguette, tapered baguette, square-cut and round diamonds weighing a total of 27.54 carats, and 47.63 carats of Burmese, Kashmir and Ceylon sapphires, is expected to fetch $1 million to $1.5 million at the auction.Sotheby’s will sell this cut-cornered rectangular modified brilliant-cut, 41.02-carat, fancy-intense-yellow diamond ring for up to $1.2 million.A Van Cleef & Arpels Bals de Légende necklace bearing cabochon emeralds and round, baguette, pear, marquise, square and oval diamonds is estimated to fetch $500,000 to $700,000.This Zip necklace — composed of herringbone links bordered by heart motifs and accented by round diamonds — can be converted into a bracelet. The Van Cleef & Arpels piece, which comes with matching tassel ear clips, has an estimate of $400,000 to $600,000.A Bulgari Serpenti necklace set with round diamonds and pear-shaped diamond eyes is set to go for $300,000 to $500,000.A Cartier diamond, emerald and onyx Panthère cuff bracelet will also go up for sale. It carries a price tag of $100,000 to $150,000.
A sapphire and diamond ring took the top spot at a recent jewelry sale at Sotheby’s in Hong Kong, smashing its high estimate.
The piece, which contains a cushion-shaped, 17.50-carat, royal-blue Burmese sapphire surrounded by marquise-cut diamonds, sold for HKD 2.8 million ($357,226), the auction house said last week. That figure was well above its upper presale price.
In total, the January 31 Important Jewels auction brought in HKD 48.9 million ($6.3 million).
Yellow diamonds performed well at the sale, as did jewels by well-known design houses, including Graff, Cartier, Buccellati, and Van Cleef & Arpels. Sotheby’s also sold several diamonds and both green and lavender jadeite pieces with no reserve.
Here are the other four items rounding out the top five:
This cushion-shaped, 14.51-carat, fancy-intense-yellow, VS1-clarity diamond ring by Bulgari went for HKD 2.5 million ($324,751), within its presale estimate.
A ring set with an oval-shaped, 7.02-carat, Mozambican ruby center stone, surrounded by oval and pear-shaped diamonds, fetched HKD 2.5 million, just under its HKD 2.6 million ($332,422) upper price.Sotheby’s sold this Graff bracelet, featuring nine cut-cornered square or rectangular-modified, fancy-intense-yellow diamonds ranging from 1.62 to 5.21 carats and 18 yellow-tinted diamonds for HKD 2.4 million ($308,513), within its estimate.A pair of earrings, each suspending an oval ruby — one weighing 4.26 carats and the other 4.09 carats —and brilliant-cut diamonds, garnered HKD 1.9 million ($243,563) at the sale, within its presale price range.
A 21.38 carat Fancy Vivid Yellow diamond is to be auctioned tomorrow (31 January) at Sotheby’s Hong Kong with an estimate of HKD 8,000,000 to 11,000,000 HKD ($1m to $1.4m).
The radiant-cut VS1 gem is flanked by two tapered baguette diamonds, mounted in platinum and 18 karat yellow gold, inscribed HW (Harry Winston).
The FCRF (Fancy Color Research Foundation) gives the stone a visual score of 7 out of 12. It says the stone looks slightly larger in relation to its weight, which is an important feature to consider when buying color diamonds.
“A large vivid yellow radiant cut diamond features a low inner grade and prominent colorless patches around the crown area,” it reports. “No significant green or brown undertone is visible in the hue.”
The stone leads the live Important Jewels auction, Sotheby’s first jewelry auction of the year in Hong Kong, comprising a selection of diamonds, colored stones, jadeites and signed jewels.
Sotheby’s will offer a 93.94-carat Paraiba tourmaline at its upcoming Geneva sale, the largest “top-quality” stone of its kind ever to come to auction, the company said.
The stone, which is set into a bespoke necklace created by Adler Joailliers, will be one of the star lots in the November 8 Magnificent Jewels and Noble Jewels sale, Sotheby’s said Monday. The auction house expects it to fetch between $1.3 million and $2.5 million.
The necklace, called the Blue Lagoon, features a “waterfall” of round and marquise- and pear-shaped diamonds with a total weight of more than 76 carats, the company noted. It will be offered with the original sketch.
Hailing from Mozambique, the stone is distinguished by “an extraordinary electric blue hue,” which recalls the “crystalline waters of a tropical paradise,” Sotheby’s said. Finding Paraiba tourmalines of this size, with such strong saturation and color, is extremely difficult, the auction house added.
Adler is a family business, created in 1886 by Jacques Adler in Istanbul. His grandsons, Franklin and Carlo, opened a boutique in Geneva in 1972. Since 2015, it has been run by the next generation of Adlers — Allen, who is CEO, and his wife, Daisy, who is chief operating officer.
Sotheby’s raked in $13.1 million at its most recent jewelry sale in New York, with more than half of the goods surpassing their high estimates.
The lead item at the September 12 Important Jewels sale was a Harry Winston ring set with a round, 15.18-carat, E-color, VS2-clarity diamond, which brought in $69,440 per carat, for a total of $1.1 million, Sotheby’s said Wednesday. That amount was well above its $750,000 upper estimate.
Overall, Sotheby’s sold 84% of jewels on offer at the auction.
Here are some of the other top pieces from the sale:
An emerald-cut, 15.05-carat, H-color, VVS2-clarity diamond ring went for $508,000, or $33,754 per carat, within its estimated price range.This diamond, emerald, ruby and onyx floral motif brooch by Van Cleef & Arpels brought in $469,900, more than eight times its $55,000 high estimate, following competition from 11 bidders.A cut-cornered rectangular modified brilliant-cut, 15.89-carat, fancy-intense-yellow, VS1-clarity diamond ring garnered $355,600, beating its $280,000 upper price tag.Sotheby’s sold this pear-shaped, 12-carat, J-color, VS1-clarity diamond ring for $317,500, higher than its $200,000 high presale estimate.This pair of cushion-cut earclips contains fancy-yellow diamonds weighing 11.28 and 10.22 carats. The set realized $304,800, well over its $220,000 high price.
