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Christie’s Magnificent Jewels auction achieves £25.4m sales

The group said that the auction received “global participation”, with registered bidders coming from 40 countries across five continents

Christie’s has announced that its Magnificent Jewels New York auction achieved a total of $34.96m (£25.4m) in sales.

Christie’s said that the auction received “global participation”, with registered bidders coming from 40 countries across five continents.

The 13 April sale was led by The Perfect Palette, a trio of coloured diamonds offered in separate lots, which collectively achieved $8.37m (£6.08m).

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Each of the stones included in the collection surpassed initial estimates, with the 2.17 carats fancy vivid purplish pink diamond ring selling for $3.51m (£2.55m), the 2.13 carats fancy vivid blue diamond ring realising $2.67m (£1.93m), and the 2.34 carats fancy vivid orange diamond ring selling for $2.19m (£1.59m).

Other notable sales included a pear brilliant-cut diamond ring of 38.04 carats for $3.03m (£2.2m) and an emerald-cut diamond of 14.5 carats that achieved double its low estimate at $1.41m (£1.02m). 

The Christie’s jewels online sale continues through to 20 April, featuring a selection of designs by Bvlgari, Cartier, David Webb, Elsa Peretti for Tiffany and Co, and Van Cleef and Arpels.

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