A COLORED DIAMOND RING SELLS FOR DOUBLE ITS PRE-SALE ESTIMATE
AN IMPORTANT DIAMOND NECKLACE, CIRCA 1950 SELLS FOR THREE TIMES ITS ESTIMATE
Bonhams presented its New York Jewels sale on December 5, where an important colored diamond ring doubled its pre-sale estimate to achieve US$554,775. The ring featured a cut-cornered rectangular step-cut fancy intense purplish-pink diamond of natural colour, VS1 clarity, weighing approximately 1.26 carats.
Another top lot was a magnificent diamond ring, centering a pear-shaped diamond of D color, VVS2 clarity, weighing approximately 13.70 carats. The exquisite stone netted US$718,575, above its pre-sale estimate.
The 213-lot sale made a total of US$6,201,656 with 77% sold by lot and 95% sold by value.
Caroline Morrissey, Jewelry Director, New York, says: “Large white diamonds and fine colored stones alongside signed period jewelry continue to be what our global buyers are searching for, all highlighted in the New York Jewels sale which delivered strong results. 2022 has been an extraordinary year for our New York jewelry department where our Jewels sales have continued to outperform on every level achieving strong results year on year.”
Another highlight was an important diamond necklace, circa 1950. Designed as a swag composed of a graduated series of pear-shaped diamonds, the necklace achieved US$302,775, more than three times its pre-sale estimate.