CHRISTIE’S JUNE 20, 2017, “MAGNIFICENT JEWELS & THE ROCKEFELLER EMERALD” NEW YORK SALE SETS WORLD AUCTION RECORD PER CARAT FOR AN EMERALD

Christie’s June 20, 2017 “Magnificent Jewels & the Rockefeller Emerald” New York Sale, held at the New York Rockefeller Center, as anticipated achieved impressive results, realizing a sale total of USD 26,126,500 selling 83% by lot and 89% by value.

LOT 126 - THE ROCKEFELLER EMERALD, A RARE AND HISTORIC EMERALD AND DIAMOND RING, BY RAYMOND YARD
LOT 126 – THE ROCKEFELLER EMERALD, A RARE AND HISTORIC EMERALD AND DIAMOND RING, BY RAYMOND YARD

Top lot of the sale, which also gave its name to the sale title, turned out to be Lot 126, incorporating the finest untreated emerald in the world, the 18.04-carat, octagonal step-cut Colombian emerald, known as the “Rockefeller Emerald,” set on a size 7 3/4 ins., platinum ring designed in 1948 by Raymond Yard. Lot 126, titled, THE ROCKEFELLER EMERALD, A RARE AND HISTORIC EMERALD AND DIAMOND RING, BY RAYMOND YARD, with a pre-sale estimate of USD 4,000,000 – USD 6,000,000 placed on it, sold within the estimated range for USD 5,511,500, setting a new world price-per-carat auction record for an emerald of USD 305,000. The new owner of the world renowned emerald is none other than the famed New York based jeweler, Harry Winston. Robert Scott CFO of Harry Winston, was bidding in person at Christie’s Rockefeller Plaza saleroom, with instructions from Harry Winston CEO Nayla Hayek to “bring this magnificent gem home at any price.” Following the sale, Nayla Hayek commented “Harry Winston is immensely proud to own the finest emerald in the world which once belonged to one of America’s most important dynasties.”

LOT 273 - AN EXTRAORDINARY COLORED DIAMOND RIN
LOT 273 – AN EXTRAORDINARY COLORED DIAMOND RING

The second highest selling lot of the sale was Lot 273 – AN EXTRAORDINARY COLORED DIAMOND RING – incorporating a modified lozenge shaped, mixed-cut, fancy deep grayish bluish green, VS2 clarity natural color diamond weighing 5.01 carats, which sold slightly above the estimated range of USD 2,000,000 – USD 4,000,000 for USD 4,391,500, working out to a price-per-carat value of USD 876,547.

 

LOT 252 -AN IMPORTANT DIAMOND
LOT 252 -AN IMPORTANT DIAMOND

The third highest selling lot, is a colorless diamond lot, Lot 252, an unmounted diamond, with a pre-sale estimate of USD 1,600,000 – USD 2,200,000 and titled, AN IMPORTANT DIAMOND. The unmounted diamond is a D-color, Flawless clarity, round brilliant-cut diamond weighing 16.11 carats, with an excellent cut, polish and symmetry. The lot sold within the estimated range of USD 1,600,000 – USD 2,200,000 for USD 1,927,500 working out to a price-per-carat value of USD 119,646.

LOT 125 - A RARE COLORED DIAMOND AND DIAMOND RING
LOT 125 – A RARE COLORED DIAMOND AND DIAMOND RING

The 4th highest selling lot of the sale is another colored diamond lot, bearing Lot No. 125 and titled, “A RARE COLORED DIAMOND AND DIAMOND RING,” with a pre-sale estimate of USD 1,300,000 – USD 1,800,000. The size 5 1/2, platinum and 18k white gold ring, is claw-set with a 4.42-carat, cut-cornered square modified brilliant-cut fancy intense green diamond, flanked on either side by a cut-cornered rectangular modified brilliant-cut colorless diamond, weighing approximately 1.02 and 1.00 carats each, within a circular-cut pink diamond surround. The lot sold slightly below the lower estimate for USD 1,267,500.

LOT 272 - AN EXQUISITE CORAL, DIAMOND AND PEARL TIARA, BY CARTIER
LOT 272 – AN EXQUISITE CORAL, DIAMOND AND PEARL TIARA, BY CARTIER

Lot 272 – “AN EXQUISITE CORAL, DIAMOND AND PEARL TIARA, BY CARTIER,” with a pre-sale estimate of USD 200,000 – USD 300,000 sold at a much enhanced price of USD 775,500 which was 3.9 times the lower estimate and 2.6 times the upper estimate. The tiara is designed as two rows of graduating coral tablets, each tablet centering upon a diamond-set detail of star motif, set along the top with a series of graduating pearls and collet-set diamonds, flanked on each side by single and old-cut diamond festoons.

LOT 251 - SAPPHIRE AND DIAMOND FRINGE NECKLACE OF THE JEWELRY SUITE
LOT 251 – SAPPHIRE AND DIAMOND FRINGE NECKLACE OF THE JEWELRY SUITE
LOT 251 - PAIR OF EAR-PENDANTS OF SAPPHIRE AND DIAMOND JEWELRY SUITE
LOT 251 – PAIR OF EAR-PENDANTS OF SAPPHIRE AND DIAMOND JEWELRY SUITE

Lot 251 – A SET OF SAPPHIRE AND DIAMOND JEWELRY – with a pre-sale estimate of USD 400,000 – USD 600,000 is the sixth highest selling lot of the sale, which sold within the estimated range for USD 475,500. The jewelry suite consists of a sapphire and diamond fringe necklace and a matching pair of sapphire and diamond ear-pendants. The 25 cushion-cut blue sapphires in the fringe necklace and 14 cushion-cut blue sapphires in the ear-pendants, are of Ceylon and Madagascar orgin with standard heat enhancement, according to AGL reports.

LOT 114 - AN IMPRESSIVE PAIR OF COLORED DIAMOND AND DIAMOND EAR PENDANTS, BY BULGARI
LOT 114 – AN IMPRESSIVE PAIR OF COLORED DIAMOND AND DIAMOND EAR PENDANTS, BY BULGARI

The seventh highest selling lot is also a colored diamond lot, bearing Lot No. 114 and titled, AN IMPRESSIVE PAIR OF COLORED DIAMOND AND DIAMOND EAR PENDANTS, BY BULGARI, which also sold within the estimated range of USD 350,000 – USD 450,000 for USD 427,500. Each of the 2 1/4 ins (5.72 cm) platinum and gold ear-pendants suspends a pear modified brilliant-cut fancy yellow diamond, weighing respectively 11.87 and 10.47 carats, highlighted by a circular-cut diamond surround and joined by a marquise and circular-cut diamond link to the surmount, set with a pear modified brilliant-cut fancy intense yellow and fancy yellow diamond, weighing respectively 3.00 and 2.82 carats, and also highlighted by a circular-cut diamond surround.

LOT 258 - A DIAMOND RING, BY HARRY WINSTON
LOT 258 – A DIAMOND RING, BY HARRY WINSTON

A colorless diamond lot, bearing Lot No. 258 and titled, “A DIAMOND RING, BY HARRY WINSTON,” is the next highlight of the sale, selling slightly above the estimated range of USD USD 350,000 – USD 400,000 for USD 403,500. The size 5 1/4, platinum ring, signed WINSTON, is set with a marquise brilliant-cut, near-colorless (G-color), VS1 clarity diamond, weighing 10.43 carats, flanked on either side by a tapered baguette-cut diamond on the shoulders of the ring.

LOT 81 - A UNIQUE DIAMOND AND ONYX 'ZIP' NECKLACE, BY VAN CLEEF & ARPELS
LOT 81 – A UNIQUE DIAMOND AND ONYX ‘ZIP’ NECKLACE, BY VAN CLEEF & ARPELS

Lot 81 – A UNIQUE DIAMOND AND ONYX ‘ZIP’ NECKLACE, BY VAN CLEEF & ARPELS – the next highlight of the sale, sold above the estimated range of USD 180,000 – 280,000 for USD 307,500. The adjustable versatile Zip Necklace/Bracelet consists of an 18k white gold zipper trimmed with alternating onyx cabochons and circular-cut diamonds, with a diamond-set pull and onyx bead tassel.

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