Christie’s “Important Jewels” Yields $33.7 Million

By Paul Joseph

Christie’s Auction House held a prestigious jewellery sale late week, yielding a total of almost $34 million.

The auction featured a range of fine quality diamonds, including a 101.36-carat cushion-cut diamond that fetched $4.98 million, making it the top lot of the sale.

“Fine quality colorless diamonds achieved strong prices with international bidding,” said Rahul Kadakia, International Head of Christie’s Jewelry, in a statement.

“Collectors also bid competitively for natural pearls and special jeweled objects such as the Art Deco fish bowl clock, by Black, Starr and Frost, which realized $137,000 against a pre-sale estimate of $15,000.”

Five other large-diamond lots fetched seven-figure prices, including a rectangular-cut and circular-cut faint brown diamond pendant necklace, weighing 81.38 carats, which sold for $3.19 million.

Christie’s next fine jewellery sale takes place in Geneva, Switzerland on November 11th and will feature the Blue Belle of Asia sapphire, weighing a vast 392 carats.

By Paul Joseph