Spring Into May Auctions

A peek into the treasures to be found in the May auctions.

CHRITIE'S AUCTION HOUSE

Magnificent Jewels May 17, 207 Geneva

Magnificent Jewels May 17, 207 Geneva


In the culmination of Geneva Luxury Week, the Magnificent Jewels auction features a fantastic 92 carat D Flawless heart-shaped diamond pendant, named ‘La Légende’, and a pair of chandelier earrings, named ‘La Vie Bohème’,  both by Boehmer et Bassenge. With a thematic section dedicated to the Dolce Vita era along with pieces formerly owned by Doris Duke and Elizabeth Taylor, the sale embraces distinguished provenance and jewellery with a storied past. Signed pieces from Bulgari and Cartier, Kashmir sapphires, Burmese rubies and Columbian emeralds round out an exceptional sale this season.

Magnificent Jewels May 30, 2017 Hong Kong

Magnificent Jewels May 30, 2017 Hong Kong

The Magnificent Jewels Hong Kong auction features an assortment of natural gemstones including pearls, jadeite, and diamonds of various colors. 


SOTHEBY'S AUCTION HOUSE

Magnificent Jewels and Noble Jewels, Sessions 1, 2, and 3MAY 16, 2017 GENEVA

Magnificent Jewels and Noble Jewels, Sessions 1, 2, and 3MAY 16, 2017 GENEVA

Sotheby’s spring sale of Magnificent Jewels and Noble Jewels at Mandarin Oriental, Geneva will be led by the ‘Apollo and Artemis Diamonds’. Individually, these captivating diamonds – one Fancy Vivid Blue, one Fancy Intense Pink – are truly exceptional stones and when considered as a pair, they enter a class of their own: the most important earrings ever to appear at auction. Offered separately as individual lots, ‘The Apollo Blue’ will be presented with an estimate of CHF 38,125,000–50,160,000 ($38,000,000–50,000,000) and ‘The Artemis Pink’ is estimated between CHF 12,545,000–18,060,000 ($12,500,000–18,000,000). The sale features jewellery from different collections comprising signed jewels and superb gemstones. Gems from Kashmir, Burma, Colombia rub shoulders with signed jewels from the most iconic and well-known jewellery houses, such as Cartier, Van Cleef & Arpels, Lacloche, Bulgari, Schlumberger and Tiffany.


BONHAM'S AUCTION HOUSE

Bonham's Jewelry May 24, 2017 Edinburgh 

Bonham's Jewelry May 24, 2017 Edinburgh 

Bonham's Rare Jewels and Jadeite May 31, 2017 Hong Kong

Bonham's Rare Jewels and Jadeite May 31, 2017 Hong Kong


DOYLE'S FINE JEWELRY AUCTION

Doyle's Auction House May 22, 2017 Beverly Hills

Doyle's Auction House May 22, 2017 Beverly Hills

Doyle will hold the Spring 2017 sale of Fine Jewelry at The Paley Center for Media in Beverly Hills on Monday, May 22, 2017 at 10am (Pacific). Our West Coast sales of Fine Jewelry attract hundreds of bidders vying for exquisite designs consigned from prominent private collections and estates. The range of offerings includes stylish jewelry for garden lunches to glittering statement pieces perfect for the red carpet!


The Pink Star Diamond Breaks Auction Records

The Pink Star: 59.6 carat pink diamond. Photo from Sotheby's auction house. 

The Pink Star: 59.6 carat pink diamond. Photo from Sotheby's auction house. 

The previous world record for a pink diamond was set in 2010 by the 24.79 carat Graff Pink which was sold for $46.2 million. The Pink Star diamond also broke the record for all diamonds, a title previously held by the Oppenheimer Blue diamond, sold at a Christie’s auction in May for $58 million.

The previous world record for a pink diamond was set in 2010 by the 24.79 carat Graff Pink which was sold for $46.2 million. The Pink Star diamond also broke the record for all diamonds, a title previously held by the Oppenheimer Blue diamond, sold at a Christie’s auction in May for $58 million.

Sotheby's broke records on Tuesday at their Hong Kong auction house with the sale of "The Pink Star" for an astounding $71.2 million. The 59.6 carat pink diamond, was won by Hong Kong-based jewelry retailer Chow Tai Fook after a five-minute bidding war.  

The Pink Star diamond was the largest internally flawless, fancy vivid pink diamond ever graded by the Gemological Institute of America, according to Sotheby’s

The Pink Star diamond was originally mined in Botswana, Africa, by De Beers in 1999. The stone came from a 132.5 carat rough diamond. The cutting and polishing took two years of work.

The gem was previously auctioned off in 2014. Isaac Wolf, a diamond cutter, purchased the stone for $93 million at a Sotheby’s auction in Geneva. The diamond was then reclaimed by the auction house after Wolf failed to pay for it. Tuesday's winning bidder Chow Tai Fook has renamed it the CTF Pink Star after it purchased the diamond in honor of the late father of the jeweler retailer’s current chairman.

'Sunrise Ruby' Steals the Show at Sotheby's Auction

sunrise

The “Sunrise Ruby,” a 25.59-carat untreated pigeon’s blood red-colored stone set a new world auction record for price paid for a ruby on Tuesday at the Sotheby's Geneva sale. The ruby was initially estimated to sell at between $12-$18 million but bidding soared to $30.3 million, demolishing the existing ruby auction record that was held by the $8.6 million sale of the “Graff Ruby.” The ring also set a record for the price paid for a jewel by Cartier. It was sold to an million to an anonymous buyer.
The high price of the ruby heavily contributed to the Sotheby’s Magnificent and Noble Jewels auction which the highest-ever total for any jewelry auction at $160.9 million, deposing the Christie’s November 2014 sale of Magnificent Jewels in Geneva, which totaled $150.2 million.

Also performing well but not meeting pre-sale expectations was the “Historic Pink." The 8.72-carat fancy vivid pink diamond sold for $15.9 million, below its pre-sale high estimate of $18 million.
David Bennett, worldwide chairman of Sotheby’s international jewelry division had this to say about the sale: 
“(The) record result is the reflection of outstanding quality of the pieces in the sale across the board,...The galleries have been brimming with collectors during our worldwide exhibitions, and this translated into lively bidding throughout the sale … with truly global demand for the finest diamonds, gemstones and signed pieces of the very highest order.”

The entirety of the auction results can be viewed at Sotheby's 

Sotheby's to Auction a Historic Pink Diamond

Historic pink

A fancy vivid pink diamond that is believed to have been part of the collection of Napoleon Bonaparte’s niece, Princess Mathilde, could fetch up to $18 million when it hits Sotheby’s auction block next month.
Dubbed the “Historic Pink Diamond,” the diamond is an 8.72-carat stone, VS2 clarity and is a non-modified cushion cut; unusual for a pink diamond.

Scheduled for May 12 Sotheby’s auction of Magnificent Jewels and Noble Jewels, in Geneva.

Kathleen Marino M.A, G.G., AJP, NAJA