Christies New York Jewels Auction Achieves $60M

Finance and Trade
14/12/2015 17:42

Auctioneer Christie’s generated $59.7 million from the sale of jewelry at its New York auction on December 10, with the top-selling item being the rectangular-cut, 31.34-carat, D-color ‘Victory’ diamond ring for $4.3 million. The diamond, which commemorates the Allied victory in World War II, sold for $137,492 per carat. It fell comfortably within Christie’s pre-sale estimate of $4 million to $5 million. Meanwhile, a cushion-cut, 43.79-carat, D-color diamond ring was acquired for $4 million, and a 103.66-carat diamond pendant necklace was bought for $3.7 million.