Christie’s luxury week continues with the Magnificent Jewels auction on Tuesday. The live event took place at Christie’s Rockefeller Center in the heart of Manhattan, with lively bidding by telephone, in the room and online.
The auction fetched a total of $44.4 million, with 90% of the 144 pieces sold.. The event was highlighted by a dazzling collection of rare diamonds, remarkable coloured stones and a stunning selection of jewellery from iconic houses such as Bulgari, Cartier, Tiffany & Co. and Van Cleef & Arpels.
The top lot of the sale was “The Eden Rose”, a 10.20 carat round brilliant pink diamond, which sold for $13.3 million, exceeding its expected maximum value. The auction attracted strong participation with bids coming from all over the world, including 51% from the Americas, 24% from Europe and 26% from Asia Pacific and the Middle East.
Rahul Kadakia, International Head of Jewellery at Christie’s, noted that “We are proud to have presented this spring ‘The Eden Rose’, an extraordinary gem that has never before been offered at auction. The 10.20 carat Fancy Intense Pink Internally Flawless diamond exceeded all expectations, reaching an impressive $13.3 million, well above its expected maximum value. Collectors were active in all areas of the sale, paying high prices for rare coloured gems and natural pearls in particular. We look forward to the end oí our springjewelry sale season with New York Jewels Online and Joaillerie París both taking place in ]une“.
Strong results were achieved throughout the sale for colored diamonds and colored stones including An lmportant Colored Diamond and Diamond Pendant Necklace which sold for $2,167,500, a Fancy Vivid Blue Heart Modified Brilliant-Cut Diamond of 2.28 carats which achieved $2,107,000.
Outstanding results were seen throughout the sale for natural pearls, with multiple lots exceeding their high estimates including a Natural Pearl, Cultured Pearl and Diamond Necklace which achieved $378,000, five times its high estímate of $50,000 anda pair of Natural Pearl and Diamond Earrings which sold for $277,200, almost ten times the high estímate of $30,000.
Additional noteworthy results were achieved for lots featured from distinguished collections including Beauty in Design: Magnificent Jewelry from the Collection of Sunny Crawford von Bulow and Ala von Auersperg Isham.“. An Exquisite Van Cleef & Arpels Carved Emerald, Ruby And Diamond Necklace sold for $289,800, and an Art Deco Natural Pearl, Cultured Pearl and Diamond Necklace which achieved $302,400 against a low estímate of $100,000. The 16 jewels featured in the collection totaled $1 ,400,000.
Jewelry auctions continue with Jewels Online, which is currently open for bidding through June 13th.
