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BURMESE RUBY AND DIAMOND BROOCH NETS $9M IN AUCTION

Christie’s auction totaled $67.5 million, with 93% sold by value
Christie’s Magnificent Jewels diamonds
Credit: Christie’s

Christie’s Magnificent Jewels, held on December 11, saw some magnificent pieces of jewellery fetching high prices. The top lot – a 11.20-carat Burmese ruby, emerald, diamond, and natural pearl brooch – sold for $8,957,750.

 

Christie's auction
Credit: Christie’s

 

“The duPont Ruby”, as it is called, came from the Virginia Museum of Fine Arts, and was sold to to Benefit Future Acquisitions. Other notable lots included a superb fancy vivid blue diamond ring of 3.07 carats, VVS1 clarity, which sold for $3,375,000; a Belle Époque Kashmir sapphire and diamond ring of 30.14 carats that achieved $3,015,000; a diamond ring of 24.13 carats, D color, flawless clarity, that realized $2,055,000.

 

Burmese sapphire ring Cartier
Credit: Sotheby’s

 

All in all, Christie’s auction totaled $67.5 million, with 93% sold by value and 91% sold by lot. Bidders came from 44 countries. Christie’s said its was “delighted” with the result “as it showcases the strength of the market and a broader more sophisticated approach to what our clients are looking to acquire”.



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