Sotheby’s Geneva Auction Realizes $160.9 Million

13/05/2015 14:20

Sotheby’s Magnificent Jewels and Noble Jewels sale, which was held in Geneva on May 12, realized a record-breaking $160.9 million. It was the highest ever recorded total for any jewelry auction, with 94 percent of lots sold. “The Historic Pink Diamond,” a 8.72-carat Fancy Vivid Pink diamond, which has been linked to Princess Mathilde Bonaparte, niece of Napoleon I, sold for $15.9 million ($1.823 million per carat). Highlights included a new world auction record for a ruby: the “Sunrise Ruby,” a rare 25.59-carat Burmese stone, sold for $30.3 million ($1.184 million per carat). This price also established a new record both for any ruby per carat, and for any stone by Cartier.