Boehmer et Bassenge’s D-Flawless Diamond Earrings Earn Record $17.5M at Christie's

Jewelry
15/11/2016 21:14

This evening at Christie’s Magnificent Jewels auction in Geneva, Boehmer et Bassenge's Miroir de l’Amour, the world’s largest perfect pear-shaped diamond drops - two D color, Flawless clarity diamonds of 52.55 and 50.47 carats, with perfectly symmetrical cuts - sold for $15.5 million, or nearly $17.5 million after the auction premium, falling beneath the estimate of US$/CHF 20 to 30 million. Nonetheless, the price achieved shattered the auction record for the most expensive diamond earrings ever sold at auction - previouslly held by the Golconda Diamond Earrings, 23 carats apiece, which sold for $9.3 million at Christie’s in 2011. Rahul Kadakia, international head of jewelry at Christie's, said, "It made a great price for a really fabulous pair of diamonds. Very healthy prices will give a great boost to the white diamond market," Kadakia said. "Diamonds are bouncing back."

Boehmeer et Bassenge's beautiful diamond necklace, Le Jardin d’Isabelle, weighing a total of 140 carats and featuring three central diamonds accounting for 51.56 carats – two pear-shaped diamonds of 31.38 and 12.11 carats and one brilliant-cut diamond of 8.07 carats - sold for $7 million, or 8.047 million francs after auction premiums, also slightly under the estimated price of US$/CHF 8 to 12 million. All diamonds are D-Flawless, perfectly complementing the 3.92 carats of intense pink diamond accents. The buyer remained anonymous.  These jewels, featuring diamonds cut in Antwerp, are the first ever designed by the newly launched Maison de Haute Joaillerie, Boehmer et Bassenge. Both of these lots were offered without a reserve price, something unseen in the auction world for jewels of such importance.

Read our interview with creator and founder of Boehmer et Bassenge here.

The top lot at theGeneva sale, a Fancy Vivid Pink, 9.14-carat pear-shaped diamond ring which went under the hammer for $16 million, or $18.11 million after the auction premiums, to an Asian collector bidding by telephone, Kadakia told reporters after conducting the sale. Among the many other significant jewels sold were The Star of Sierra Leone VI, a 21.69-carat diamond cut by Harry Winston from a 100-carat rough that sold for $1.2 million; and a two-strand natural pearl and diamond necklace selling for $2.4 million. The auction was headlined by the exceptional jewels of Bulgari, Cartier, Van Cleef & Arpels, David Webb, Harry Winston and Boehmer et Bassenge.