A 75 ct. D-color pear-shaped diamond—the most important white gem ever to be auctioned in the United States—is expected to rake in between $9 million–$12 million when it goes up for sale at Sotheby’s annual spring auction of Magnificent Jewels on April 17.
The stone is also one of the few pear-shaped diamonds of D color more than 50 carats to be auctioned in decades, the auction house says.
75 ct. pear-shaped diamond
“It was acquired by the present owner in 2001 for $4.3 million, and today we have estimated it conservatively at $120,000 per carat,” said Lisa Hubbard, chairman of North and South America, Sotheby’s International jewelry division.
The auction will also feature a pair of fancy pink diamond ear clips weighing 5.79 and 5.68 carats. They are expected to achieve between $3.5–$4.5 million.
The sale also includes a 21.26 ct. D color, internally flawless, type IIa emerald-cut diamond ring from Florida socialite Lynn Wolfson’s estate, which could earn $2.5–$3.5 million.
While a 1930s “Tutti Frutti” bracelet by Cartier is expected to sell for $300,000–$500,000.