AUCTIONS – Two exceptional blue diamonds each sell for in excess of $8 million at Christie’s New York

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AUCTIONS – Two exceptional blue diamonds each sell for in excess of $8 million at Christie’s New York

THE AZURE BLUE
A RARE COLORED DIAMOND
Fancy Blue Diamond of 31.62 carats
Price Realized: $8,371,000. Image courtesy of Christie’s

NEW YORK – Christie’s Magnificent Jewels featuring The Azure Blue totaled $49,689,850, achieving 100% sold by lot and 149% sold vs low estimate.

Leading the auction was The Azure Blue, a 31.62‑carat Fancy Blue Diamond, which realized $8,371,000.

Another major highlight was the 5.04carat Fancy Vivid Blue Marquise BrilliantCut Diamond which achieved $8,127,000.

AUCTIONS – Two exceptional blue diamonds each sell for in excess of $8 million at Christie’s New York
A MAGNIFICENT COLORED DIAMOND AND DIAMOND RING
Fancy vivid blue marquise brilliant-cut diamond of 5.04 carats
Price Realized: $8,127,000. Image courtesy of Christie’s

Colored stones continued to perform exceptionally well. Sapphires were among the standouts of the day, led by an Exceptional Sapphire and Diamond Ring, which sold for $2,271,000 after spirited bidding from nine telephones, multiple online bidders, and competition in the room, nearly four times its low estimate.

An Attractive Graff Sapphire and Diamond Ring achieved $1,778,000, more than three times its low estimate, while an Important Sapphire and Diamond Ring realized $2,149,000.