Christie's Jewels: The New York Sale - Record total $49.8 million Jewels: The New York Sale at Christie's New York was the highest total for any jewelry auction in the U.S., realizing $49,884,875/ £25,451,466/ 31,572,705.
News-Antique.com - Apr 22,2008 - Jewels: The New York Sale at Christie's New York was the highest total for any jewelry auction in the U.S., realizing $49,884,875/ £25,451,466/ 31,572,705. The sale was 95% sold by value and 88% sold by lot.
Jewels: The New York Sale
New York Wednesday, 16 April 2008
Sale numbers: 1991 Top Ten
[All sold prices include buyers premium]
Sold: $49,884,875 £25,451,466 31,572,705
Lots Sold: 293 Lots Offered: 332 Sold by Lot: 88% Sold by $: 95%
Exchange Rate: $ =£ 1.96 / 1.58
Lot Description Estimate ($) Purchase Price Buyer
334 A cushion-cut D color, IF Type IIa diamond of 39.34cts
$175,000 per carat 6,000,000-8,000,000 $6,873,000
£3,506,632
4,350,000 Middle Eastern Private
333 A rectangular-cut D color, potentially flawless diamond of 27.91cts, by Harry Winston
$146,000 per carat 2,000,000-3,000,000 $4,073,000
£2,078,061
2,577,848 U.S. Trade
161 A pear-shaped D color, potentially flawless diamond ring of 21.90cts, by Harry Winston
$140,000 per carat 2,000,000-3,000,000 $3,065,000
£1,563,775
1,939,873 Middle Eastern Private
314A A rectangular-cut D color, potentially flawless diamond of 18.44cts
$139,000 per carat 1,600,000-2,200,000 $2,561,000
£1,306,632
1,620,886 U.S. Trade
187 A rectangular-cut D color, IF diamond ring/pendant of 16.89cts, by Carvin French
$142,000 per carat 1,100,000-1,800,000 $2,393,000
£1,220,918
1,514,556 Anonymous
277 A rectangular-cut F color, potentially flawless diamond of 20.10cts
$74,400 per carat 900,000-1,200,000 $1,497,000
£763,775
947,468 U.S. Trade
304 A pair of pear- shaped D color, Type IIa diamond ear pendants of 4.56 and 5.06cts
$150,000 per carat 750,000-1,000,000 $1,441,000
£735,204
912,025 Anonymous
301 A pair of fancy yellow diamond ear clips of 29.07 and 28.19cts
$19,000 per carat 800,000-1,200,000 $1,071,400
£546,632
678,101 European Trade
300 A rectangular-cut fancy intense yellow diamond ring of 40.39cts, by Bulgari
$26,000 per carat 500,000-700,000 $1,037,800
£529,489
656,835 European Trade
222 A Kashmir sapphire and diamond ring of 22.27cts, by Harry Winston
$46,000 per carat 500,000-700,000 $1,026,600
£523,775
649,746 Anonymous
Rahul Kadakia, Head of Jewelry, Christies Americas comments: While the Rare Jewels and Gemstones auction could not take place, the New York Jewelry Sale realized an outstanding $50m, making it the most valuable jewelry auction ever held in the U.S. Ten jewels sold over $1m and diamonds stole the show all across the board, with a sensational $175,000 per carat paid for a 39ct perfect gem. Bidding was robust throughout the day, underscoring the continued strength of the jewelry market and the global appetite for important stones.
