Coloured diamonds steal show at Geneva auction
Register to get 1 more free article
Reveal the article below by registering for our email newsletter.
Want unlimited access? View Plans
Already have an account? Sign in
Coloured diamonds remain “highly desirable”, according to auction house Sotheby’s following its recent jewellery sale in Geneva.
Leading the show was a 17.07-carat emerald-cut Fancy Intense Pink diamond that soared over its pre-sale estimate of 11.81m to 14.76m Swiss Francs (£9.5m-£11.8m) to sell for 20.8m Swiss francs (£16.7m).
An Internally Flawless Fancy Intense Pink diamond of 13.20 carats sold for £13m. Both stones were acquired by Graff Diamonds at the auction, which was held on Wednesday 16 November.
A new auction record was set for any Fancy Light Pink Diamond when a pear-shaped stone weighing 40.30 carats was purchased for £6m.
Demand was also seen for blue diamonds as a Fancy Deep Blue diamond ring sold for £11m – a new record for a deep blue diamond of any kind – and a Fancy Light Blue diamond sold for £1.7m, also setting a new record.
Meanwhile, the exceptionally rare ‘Sky Blue Diamond’ – a Fancy Vivid Blue diamond weighing 8.01 carats – sold for £13.7m.
David Bennett, worldwide chairman of the company’s jewellery division, said: “The very best coloured diamonds of all hues remain highly desirable, but tonight pink and blue were undoubtedly the hottest colours accounting for many of the top prices this evening.”
