Christie’s Rakes In $51 Million In Jewelry Auction

Jewelry
08/12/2016 16:51

Christie’s Magnificent Jewels Auction, which took place at the Rockefeller Plaza in New York on Wednesday, saw $51 million worth of jewelry go under the hammer. A GIA-certified Type IIa rectangular, 51.35-carat, D-color, VVS1 diamond fetched a whopping $5.6 million - over $108,000 per carat - well within the estimated $5 to $7 million.

Of the 318 lots, 13 fetched more than $1 million, including a cushion modified brilliant-cut, 22.72-carat, D-color, IF diamond ring by Leviev, which sold for $2.6 million. A pear brilliant-cut, 29.01-carat, F-color, VVS2-clarity diamond was among the more expensive items. A Harry Winston diamond flanked by three tapered baguette-cut diamonds went under the hammer at $1.9 million. Not to neglect other gemstones: a cushion-cut, 75.41-carat sapphire ring went for $3.8 million, falling within its pre-sale guidance of $3 million to $5 million.