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24 june 2019

Bonhams announced results of its December Fine Jewelry sale

06 december 2018
news_bonhams_logo.pngWhite diamonds and Fancy colored diamonds went under the hammer at Bonhams New York December Fine Jewelry sale this week, which took plave on December 3, 2018.
The top performing lot during the two-hour sale was an important diamond ring which was sold for $828,500 against its estimate of $400,000-600,000. Coming from a private collection, this was the first time the 18.04 carats emerald-cut diamond had come to auction.
The second top performing lot was a diamond solitaire ring by Royal De Versailles. The round brilliant-cut diamond, weighing 7.01 carats, F color, VS1 clarity, sold for $275,000, exceeding its pre-sale estimate of $180,000 - 250,000.
Other colorless diamonds which dazzled in the December sale included: diamond solitaire ring, weighing 5.03 carats, sold for $250,000; a pair of heart-shaped diamond earrings, weighing 4.04 and 4.00 carats, sold for $112,500; a diamond ring, weighing 7.92 carats, sold for $150,000; a ring with fancy light yellow diamond, weighing 18.76 carats, sold for $231,250 against its pre-sale estimate of $100,000 - 150,000.
Demand for a historic Kashmir sapphire was high during the sale with buyers attracted to one particular lot, a Sapphire and Diamond Ring, dated circa 1900. Featuring a square cushion-shaped Kashmir sapphire, weighing 3.00 carats, this lot was sold for $125,000 ($41,666 per carat) against its pre-sale estimate of $18,000 - 25,000.  
In addition to the Kashmir sapphire, Bonhams also offered a Ceylon (Sri Lanka) a sapphire and diamond Ring by Oscar Heyman, the great American jeweler, features an oval-shaped sapphire, weighing 17.03 carats.  It sold for $106,250 against its pre-sale estimate of $60,000- 80,000.
Bonhams sells more jewelry lots each year than any other international house and has more dedicated jewelry auctions annually.
 
Alex Shishlo, Editor of the Rough&Polished European Bureau in Brussels