Exquisite diamond ring outperforms at Bonhams New York Jewels sale

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After exceptionally spirited bidding, a diamond ring, circa 1910, sold for well over double the low estimate at Bonhams New York Jewels sale on May 19, 2021, achieving $500,313 against an estimate of $170,000–270,000.

The oval-shaped, modified brilliant-cut diamond, weighing 8.21 carats, is accented by transitional, single and rose-cut diamonds, and mounted in platinum.diamond ringPicture credit: Bonhams 

In total, the 140-lot sale realized $3,678,685. 

Bonhams New York Head of Jewels Caroline Morrissey said: “We are thrilled with the impressive result achieved by the exquisite diamond ring.

“It was the final lot in today’s sale and the excitement in the room was palpable as several eager phone bidders could not let this important piece go. Overall, we were delighted by the outcome of the auction, which exceeded our pre-sale expectations.”