Industry News by Nemesis

Blue Diamond to Lead Sotheby’s New York

March 27, 2019

 

A fancy-intense-blue diamond ring with an estimate of $2.5 million to $3 million is on track to be the top seller at Sotheby’s Magnificent Jewels auction in New York next month. 

The cut-cornered square modified brilliant-cut, 3.24-carat stone, flanked by two pear-shaped diamonds, will go under the hammer at the April 17 sale, Sotheby’s said Wednesday. 

Other notable pieces include a pair of round diamond earclips by Betteridge, each weighing 20.27 carats, which are valued at $1.3 million to $1.8 million. Additionally, a round, 30.40-carat white diamond ring by the jeweler, with an estimate of $900,000 to $1.1 million, will feature in the sale. 

Sotheby’s will also sell pieces from renowned jewelry houses, including Bulgari, Harry Winston, Graff, Cartier, Van Cleef & Arpels, and Tiffany & Co. 

The sale will precede Sotheby’s New York Fine Jewels sale, also on April 17, which will be led by a square emerald-cut, 3.38-carat, fancy-vivid-yellow diamond ring, accented by round diamonds. That piece carries a presale estimate of $60,000 to $80,000. 

Image: The 3.24-carat fancy-intense-blue diamond ring. (Sotheby’s)

 

Source: Rapaport

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