Antique & Estate Jewelry / Colored Stones / Designers / Diamonds

Christie’s Magnificent Jewels Auction Pulls In $35 Million


Christie’s New York Magnificent Jewels auction wrapped up on April 13, pulling in a total of $35 million. The auction house reported there was global participation, with registered bidders hailing from 40 countries across five continents.

The auction was led by the “Perfect Palette,” a trio of pink, blue, and orange diamond rings that were sold in separate lots but altogether achieved a total of $8.4 million. The stones surpassed estimates, with the pink diamond selling for $3.5 million, the blue ringing in $2,7 million, and the orange going for $2.2 million.

A number of white diamonds also pulled in impressive prices, including a 38.04 ct. pear diamond that sold for $3 million.

Colored gemstones also performed well, according to Christie’s, including a Burmese ruby ring by F.J. Cooper, a prominent Philadelphia jeweler, that sold for $1.7 million, and a Colombian emerald ring by Cartier that went for $225,000.

bulgari serpent wristwatch
Bulgari diamond and onyx Serpenti wristwatch (sold for $50,000)

One of the stars of the show was a Bulgari diamond and onyx Serpenti wristwatch, which was sold for $50,000. The piece was donated by Bulgari, with proceeds going to the Elizabeth Taylor AIDS Foundation on the actress’ behalf. The foundation, which Taylor started in 1991, educates on HIV prevention as well as treatment, and advocates for the modernization of criminal laws and penalties affecting people living with HIV.

Christie’s Jewels Online sale continues through April 20 and features a number of fine jewelry and iconic designs by Bulgari, Cartier, David Webb, Elsa Peretti for Tiffany & Co., JAR, and Van Cleef & Arpels.

The stylish pieces below are still up for grabs.

David Webb diamond and lapis lazuli brooc
David Webb diamond and lapis lazuli brooch, est. $5,000–$7,000
Bulgari diamond brooch
Bulgari diamond brooch, est. $5,000–$7,000
Elsa Peretti for Tiffany black jade bracelet
Elsa Peretti for Tiffany & Co. black jade bracelet, est. $3,000–$5,000

Top: The Perfect Palette fancy colored diamonds (all photos courtesy of Christie’s)

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Kristin Young

By: Kristin Young

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