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Today

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25 march 2019

Bulgari diamond ring sold for more than $18 M at Christie’s

07 december 2018

A Bulgari diamond ring surpassed its estimate at Christie’s in New York, bringing in more than $18 million.
The cushion-cut, 8.08-carat, fancy-vivid-blue piece was the event’s top seller at $18.3 million, beating its presale estimate of $13 million to $18 million.

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Image credit: Christie's


Proceeds at Christie’s Magnificent Jewels auction came to $69.2 million, with 95% of lots sold by value. Those items included a heart-shaped, 15.56-carat, fancy intense-pink diamond-pendant necklace, which garnered $9.5 million against a presale estimate of $9.5 million to $12 million.
Other notable lots included a 28.70-carat, D-color, VVS2-clarity, type IIa diamond ring from the estate of art collector Lee Vandervelde. That piece sold for $2.1 million, exceeding its $1.5 million to $2 million presale estimate.
A pair of earrings weighing a combined 77.71 carats, cut from the 187.63-carat Diavik Foxfire — North America’s largest known gem-quality rough diamond — brought in $1.6 million. Its original valuation was $1.3 million to $3 million. An 8.09-carat, fancy-vivid-yellow diamond ring by Gillot & Co. achieved $1.3 million, versus its presale estimate of $900,000 to $1.2 million.
According to Daphne Lingon, head of jewelry for Christie’s Americas, the prices achieved in our New York sale mark a perfect ending to our successful year of global jewelry auctions.”

Alex Shishlo, Editor of the Rough&Polished European Bureau in Brussels