Pair of D-IF Diamonds Fetch $8.6 Million at Christie’s



A pair of D-color internally flawless circular-cut diamonds—one 22.6 cts., one 22.31 cts.—were the stars of the show at the Christie’s April 16 Magnificent Jewels auction in New York, fetching $8,565,000 from a Middle East trade buyer.

The auction, which kicked off the spring jewelry season for Christie’s, earned $60,561,125.  

The second-largest sale, also to a Middle East trade buyer, was an oval-cut D-color potentially flawless diamond, which went for $7,669,000. 

The show featured several pieces from the collection of Riki and Jerome Shaw, including 6.1 carat rectangular-cut fancy intense pink VVS1 diamond ring by Harry Winston, for which an anonymous buyer paid $5,765,000. The collection achieved a total of $8,617,000 in sales, the proceeds of which will benefit animal welfare, according to Rahul Kadakia, international head of Christie’s jewelry. 

Other highlights: 

– A 20.1 ct. rectangular-cut D-color VVS1 diamond by Harry Winston, from the collection of Kathleen and Martin Field, went for $2,461,000 to a U.S. private buyer. 

– A 24.53 ct. pear-shape D-color VS2 diamond sold for $2,225,000 to Essex Global Trading. 

– A 42.96 ct. rectangular-cut L-color VS1 diamond fetched $1,865,000 from a U.S. trade buyer. 

– A 2.49 ct. old-mine cut fancy yellowish-green diamond by JAR sold to an anonymous buyer for $1,805,000. 

– A 20.34 ct. cushion-cut fancy vivid yellow VVS2 diamond necklace by Tiffany & Co. sold for $1,445,000 to an Asian private investor. 

– A 6.25 ct. Burmese ruby and diamond ring, also from the collection of Riki and Jerome Shaw, sold for $1,445,000 to an anonymous buyer.

– A 42.88 ct. rectangular-cut Colombian emerald and diamond brooch, also from the collection of Kathleen and Martin Field, went for $1,325,000 to a U.S. trade buyer.