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Auctions Blog Magnificent Jewels Sotheby's

Magnificent Jewels achieve $65 Million at Sotheby’s New York

With the Ultimate Emerald-Cut Diamond selling for $22.1 million and ten jewels exceeding $1 million, including four of them sold to online bidders, Sotheby’s New York sets a record total for a jewellery auction.

Yesterday’s sale of Magnificent Jewels at Sotheby’s New York achieved $65 million, making a new record total for a jewellery auction at the Company’s salesroom.

The auction was led by the extraordinary 100.20-carat “Perfect Diamond”, in a classic emerald-cut, which sold for $22.1 million. This is results stems from multiple superlative characteristics: a D color stone, Internally Flawless, type IIa; it is the largest perfect diamond with an emerald-cut and the first 100+ carat diamond ever sold at auction, reaching the highest price for any colorless diamond auctioned in New York.

100-carat perfect diamond, emerald-cut. D colour, Internally Flawless clarity.
100-carat perfect diamond, emerald-cut. D colour, Internally Flawless clarity.

Other outstanding auction results include – out of the Highly-Important Diamonds category:

9331 lot 363

A Magnificent Platinum and Diamond Ring, featuring an oval-shaped diamond of 22.30 carats, D color, Internally Flawless, type IIa. Sold to an online bidder for $3.3 million.

9331 lot 362

A Magnificent Platinum, 18k Gold, Fancy Purplish Pink Diamond and Sapphire Ring, representing a beautiful combination of an unmodified pear-shaped Fancy Purplish Pink Diamond weighing 6.24 carats, set in a unique mounting with two cushion-cut Kashmir sapphires. Sold for $2.4 million.

Jewels of Celebrated Provenance:

9331 lot 364

The Baron de Rotschild Necklace: an elegant and rare Platinum, Emerald, Sapphire, Lapis Lazuli and Diamond Pendant-Necklace. Designed by Charles Jacqueau for Cartier Paris, circa 1924. Sold for $2.6 million.

(This blue and green necklace, highlighted by three colored stones carved with Mughal floral motifs, was acquired by Baron Eugene de Rotschild in 1924 for his new American wife Catherine).

9331 lot 170

An 18k Gold, Platinum, Kashmir Sapphire and Diamond Brooch, by Schlumberger for Tiffany & Co., France.

Designed as a stylized flower, this brooch dating from the 1960s and set with a sapphire of approximately 17 carats, was formerly in the collection of Mrs Paul Mellon. Sold to an online bidder for $1 million.

Major Gemstones:

9331 lot 165

From the Estate of Mary Lily Kenan Flagler, Thence by Descent – the Flagler Emerald.  An important Platinum, Emerald and Diamond Pendant: this exquisite 35.02 carat Classic Colombian emerald jewel belonged to the wife of American industrialist Henry Flagler. Sold for $2.8 million.

9331 lot 365

A Superb Platinum, Kashmir Sapphire and Diamond Ring, Cartier New York, circa 1915. The cushion-cut sapphire weighing 11.90 carats is accompanied by Gubelin Gem Lab Report stating that the stone “possesses a richly saturated and homogeneous color, combined with a high degree of transparency, and a finely proportioned cut”. Sold to an online bidder for $1.9 million.

Post by Claudia Carletti, Jewellery Through Time. All material courtesy of Sotheby’s.

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