Sotheby’s garners $21.5M at New York auctions

Idexonline

Two Sotheby’s New York auctions brought in a combined $21.5 million Wednesday, with a blue-diamond ring achieving the top price.

The cut-cornered square modified brilliant-cut, 3.24-carat, fancy-intense-blue, VVS1-clarity diamond ring, flanked by two pear-shaped diamonds, fetched $2.3 million, or $709,877 per carat. It had been estimated at $2.5 million to $3 million for the Magnificent Jewels sale.

Other notable items at the sale included a pair of round, F-color, VS2-clarity diamond earclips by Betteridge. The jewels, each weighing 20.27 carats, sold for $1.7 million, at the high end of their presale estimate of $1.3 million to $1.8 million. A round, 30.40-carat, H-color, VS2-clarity diamond ring by the same jeweler garnered $1.2 million, beating its high estimate of $1.1 million.

Additionally, a Serpenti necklace by Bulgari, comprising 260 carats of diamonds, went for $920,000, within its presale valuation of $800,000 to $1 million. The piece is transformable: It can also be worn as a belt.

Serpenti-necklace-by-Bulgari-Sotheby-Magnificent-Jewels-NewYork-April-2019-jewelry-Diamonds

Read full article

Source Rapaport


Photos © Sotheby.