Sotheby’s auction sets new world records with rare diamond sales

Roxburghe Ruby Necklace1Three new world records were set last week in Geneva with the sales for diamonds at Sotheby’s ‘Magnificent Jewels’ sale.

A 3.17-carat Fancy Intense Blue diamond was sold for £1.53 million to Swiss jeweller Chatila who also bought a 74.8-carat vivid-yellow diamond ring for £1.9 million. The second world record set (at price per carat) for a green diamond was with the sale of a rare 2.52-carat Vivid Green Brilliant-Cut diamond at £1.87 million.

A ruby and diamond necklace. The Roxburghe Rubies, also sold for five times its valued price at a cool £3.5 million – another world record price.

The Roxburghe Rubies – diamond necklace and diamond earrings

David Bennett, Sotheby’s Chairman of Jewellery, Europe and Middle East, said: “The Roxburghe Rubies, a magnificent suite comprising a ruby and diamond rivière necklace and earrings, the property of Mary, Duchess of Roxburghe, attracted extraordinary pre-sale attention at exhibitions around the world both for the quality of the rubies and the significant historical provenance, and sold for £3,477,699.59, five times the high estimate and a world record price for a ruby suite.

“A remarkable array of coloured diamonds was led by the price of £1,882,150.98 for a Very Impressive Fancy Vivid Yellow diamond and included two new world record prices per carat for green, and intense blue diamonds.”

79% of the fine art auction house’s lot was sold at the auction. The entire sale raised the sum of £22,098,843.94.

Images courtesy of Sotheby’s

Share this:

  • Print
  • email
  • Twitter
  • Digg
  • StumbleUpon
  • Facebook
  • del.icio.us
  • NewsVine
  • Mixx
  • Google Bookmarks
  • blogmarks
  • Wists
  • RSS
  • Reddit
  • Yahoo! Bookmarks

Leave a Reply