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109.8-CARAT SAPPHIRE NECKLACE SELLS FOR $15 MILLION

The “Peacock Necklace” features 21 Kashmir sapphires and and weighs 109.08 carats
sapphire diamond necklace Christie's
Credit: Christie's

At the Hong Kong Magnificent Jewels auction, held by Christie’s yesterday (November 27) in Hong Kong, the auction house raked in HKD 116,537,500 ($14,884,752) from the sale of the “Peacock Necklace” – a necklace of 21 Kashmir sapphires, weighing a total of 109.08 carats.

 

According to Christie’s, the rare necklace took “more than 15 years to complete”. It features 21 well-matched sapphires which took years to cut and polish. It took nine months alone, according to the auction house, “to engrave the peacock-feather patterns onto the platinum mounting”.

 

Another buzz-worthy item sold was the Moon of Baroda – a 24.04-carat pear-shaped, Fancy Yellow diamond worn by Marilyn Monroe when she sang “Diamonds Are a Girl’s Best Friend” while promoting the 1953 classic film Gentlemen Prefer Blondes. Christie’s sold the diamond for $1.3 million – almost double its high estimate of $750,000.

 

All in all, Christie’s raked in HKD 470,215,000 (about $60 million) from the sale.

 

Baroda diamond Marilyn Monroe
Credit: Christie’s


Tags: Diamonds News, Jewelry News, Diamond Jewelry News, Christie's News

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