Fancy Vivid Blue Diamond ring Sotheby's

FANCY BLUE DIAMOND RING SELLS FOR $15.1 MILLION AT SOTHEBY’S

Sotheby’s New York auction on Tuesday (December 5) saw higher than expected prices achieved for several rare blue diamonds and gemstones, Rough & Polished reports. Among them was an emerald-cut, 5.69-carat, fancy vivid blue, VVS1-clarity diamond ring, which sold for $15.1 million. Sotheby’s sold a total of $54 million worth of jewelry in the auction.

 

Other highlights included a pear-shaped, 2.05-carat, fancy intense blue, internally flawless diamond ring ($2.7 million); a Van Cleef & Arpels bracelet featuring 193.73 carats of blue stones ($3.1 million); and a sapphire-and-diamond necklace-bracelet combination by Harry Winston ($1.9 million).

 

Sotheby’s jewelry-division chair Gary Schuler said after the auction: “The market continues to show its strength in colored stones, with today’s results driven by intense competition for important colored diamonds, sapphires and emeralds in particular”.

Other articles on the category

The branch news