The Geneva and Hong Kong Results! Magnificent Jewels at Christie’s – May 2013

Yes, you read that right, I am finally getting a chance to post about the items up for sale at the Christie’s Magnificent Jewels auction in Geneva as well as the Magnificent Jewels auction in Hong Kong that both occurred back in May. You may remember my post about the jewelry I saw that sold in their US auction back in April. Consider this a summer bonus post! There aren’t any auctions to cover again until September, so this is a fun way to enjoy these amazing pieces a little longer. Let’s dive in!

Lot #1736, “A Sapphire and Diamond Necklace/Brooch, by Cartier”, estimated at $543,664 – $776,634 USD (Hong Kong auction):

Image courtesy of Christie's

Image courtesy of Christie’s

The loop detail on this necklace is such a great touch, since it is wrapped around the innermost “strand” of the necklace. This gives it an amazing three dimensional quality, as opposed to a necklace that just sits flat against your neck. You can see a bit more of the detail here:

Image courtesy of Christie's

Image courtesy of Christie’s

One of the other magnificent aspects of this necklace is the fact that the center area with the sapphire is actually a detachable brooch:

Image courtesy of Christie's

Image courtesy of Christie’s

This 17.95 carat sapphire, of Sri Lankan origin, has also never been heat treated. That gorgeous blue color is completely natural.  Such a beautiful piece!

PRICE REALIZED: $625,176 USD

 

Lot #1611, “An Exceptional Padparadscha and Diamond Ring”, estimated at $1,035,223 – $1,552,835 USD (Hong Kong auction):

Image courtesy of Christie's

Image courtesy of Christie’s

The 73.98 carat padparadscha in this ring was enormous! I couldn’t take any millimeter measurements of it, but it was definitely larger than a quarter. Padparadscha, which gets its name from the lotus flowers of Sri Lanka, is a member of the corundum family, which includes sapphires and rubies. The peachy-brown color of this particular piece was just stunning in person. It was perfectly paired with the rose gold setting, which only enhanced the pink color.

PRICE REALIZED: LOT NOT SOLD

 

Lot #288, (official description not available), estimated at $6,500,000 – $8,500,000 USD (Geneva auction):

Lot #288 Christie's GenevaThis huge 76.91 carat diamond was amazing to breathe on! With an F color and VVS1 clarity, it was great to get to see it unmounted, rather than set in a piece of jewelry as many of the others were at the auction. The culet on this diamond, which is the either pointed or flat facet at the bottom of the stone, parallel to the table (top facet), was flat and quite large. If you look closely at the photo above, in the center of the diamond you can see a large darker circle. When viewed from the top it was very apparent, but it worked well with the rest of the way that the diamond was faceted. So much fun to get to see it out of the case!

PRICE REALIZED: LOT NOT SOLD

 

Lot #283, “A Spectacular and Highly Important Diamond”, estimate “in the region of $20 million” (Geneva auction):

Image courtesy of Christie's

Image courtesy of Christie’s

This 101.73 carat pear-shaped diamond, named “Absolute Perfection”, is the largest D color Flawless clarity diamond to be offered for sale. It was discovered in De Beer’s Jwaneng mine in a 236 carat piece of rough that took a whopping 27 months to polish! At the NYC viewing that I attended this diamond had its own black tent set up in the room, complete with a velvet rope and a guard. No photos were allowed and I couldn’t get very close, but the diamond shone bright in the special lighting and black background. It would have still been Flawless even if I could have gotten close enough to inspect it!

PRICE REALIZED: $26,737,913 USD (world auction record for a colorless diamond)

Harry Winston is the new owner of this diamond, and has since renamed it “Winston Legacy”. Another fun fact is that the Geneva sale totaled $102.1 million USD, the highest result ever for a various-owner jewelry auction at Christie’s.

 

Wasn’t that a nice distraction from all the record-breaking temperatures here in NYC this week? Which lot did you like the best? I loved the loops of the sapphire and diamond necklace, along with the fact that it could be converted to just a brooch. At that price it’s nice to have two pieces of jewelry in one! I was also a bit surprised that the padparadscha ring and the 76.91 carat unmounted diamond didn’t sell. They were both such beautiful pieces. Perhaps we will see them again at a future auction!

P.S. Although I mention the name Christie’s a million times in this blog post, I was not paid or perked to write about this exhibition. I am simply a lover of gorgeous gems, especially the ones that I get to try on!

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