|The Light of Memory|
Christie’s opened the auction season last week with 167 lots that sold for $97 million, beating its pre-auction estimate of $80 million. The top lot - a fancy vivid pink pear-shaped diamond of 9.14 carats - achieved the second highest price for a pink pear-shaped diamond sold at auction at $18,174,631 ($2,000,000 per carat).
Across the street, Sotheby’s sold the 8.01-carat "Sky Blue" diamond in a Cartier setting for $17.1 million - almost two million over the lowest estimate of $15.25 million. According to several news sources, total sales in the auction exceeded the $100 million mark.