Sunday, May 19, 2013

Sotheby's Sets Record For Fancy Yellow Diamonds

Auctioneers Sotheby's set two new world records last week at its Magnificent and Noble Jewels Sale in Geneva, Diamond World reports: the highest price paid for a fancy yellow diamond - $2.9 million – and the highest per-carat price paid for a fancy yellow diamond – approximately $39,000. The stone in question, a 74.53-carat cushion-shaped SI1 clarity polished diamond, used to belong to the Persian Shah Ahmed Qajar.

Other standout sales at the Geneva auction of over 600 lots, which netted $78.2 million in total sales, included jewelry that used to belong to famed Italian actress Gina Lollobrigida. Among the $4.9 million worth of Lollobrigida's jewelry sold at auction was a pair of natural pearl and diamond earrings. The $2.37 million paid for the earrings carved out another auction record, eclipsing the Bulgari pearl and diamond earrings owned by American actresss Elizabeth Taylor, which were purchased for $1.98 million two years ago, according to IDEX Online.
The most expensive single item to sell at the auction was a 28.9-carat D-color cushion-modified brilliant cut internally flawless diamond ring, which netted $4.4 million.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.