Wednesday, May 13, 2015

Sotheby’s Magnificent Jewels and Noble Jewels Sale

(IDEX Online News) – Sotheby’s Magnificent Jewels and Noble Jewels sale, which was held in Geneva on May 12, realized a record-breaking $160.9 million. It was the highest ever recorded total for any jewelry auction, with 94 percent of lots sold.

“The Historic Pink Diamond,” a 8.72-carat Fancy Vivid Pink diamond, which has been linked to Princess Mathilde Bonaparte, niece of Napoleon I, sold for $15.9 million ($1.823 million per carat).

The “Sunrise Ruby,” a 25.59-carat Burmese stone, sold for $30.3 million ($1.184 million per carat).

This price is a new record for any ruby, a new record per carat, and for any stone by Cartier.
Sotheby’s Geneva Magnificent Jewels and Noble Jewels sale is May 12, 2015. With over 500 lots the sale is a virtual treasure chest full of exceptional jewels.

Highlight is a Fancy Vivid pink diamond that was part of the collection of Princess Mathilde, niece of Napoleon I. The 9 carat diamond last sold at Christie’s for $15.7 million in April 2012. It came from the estate of the reclusive heiress Huguette Clark. The current owner recut the stone to 8.72 carats, which improved its clarity from SI1 to VS2 and colour from Fancy Vivid purplish pink to Fancy Vivid pink. The estimate for the renamed “Historic Pink” diamond is $14 to 18 million.
The “Sunrise Ruby”. At 25.59 carats, this rare ‘pigeon’s blood’ Burmese ruby is one of the most exceptional rubies ever to come up for auction. Estimate is between $12 to 18 million, which – if it sells – will set a new record price for a ruby. The 8.62-carat Graff Ruby currently holds the record price for a ruby as well as the price per carat for a ruby after it sold for $8.6 million, or $997,727 per carat, at Sotheby’s Geneva in November 2014.
A 30.23-carat Kashmir Sapphire and Diamond Brooch, by Cartier

A cascade of more than 190 carats of diamonds sparkle in the Ivresse necklace by Cartier, estimated at $6 to 10 million

A Diamond Tiara, by Cartier, circa 1930s

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