Sotheby’s Sale Highlights Yellow Diamond, Egyptian Revival Jewels

It’s a diamond collector’s dream.

Just one day after Christie’s New York auctions the 52 ct. Golconda diamond (among other riches), Sotheby’s New York is holding its own Magnificent Jewels sale headlined by its own 50-plus carat diamond.

On Dec. 11, a 51.75 ct. fancy vivid yellow diamond ring will go on the block; it carries a $2.5 million–$3.5 million estimate.

Also for sale—for charity—will be a pair of custom Bulgari 18k gold, spinel, turquoise, and diamond earrings. The drops were inspired by Elizabeth Taylor and Cleopatra, and 100 percent of the proceeds will go to the Elizabeth Taylor AIDS Foundation.

Here are a few more highlights from the jewels on offer—many of which hail from two important private collections. (One, according to a statement from Lisa Hubbard, chairman, North & South America, Sotheby’s International jewelry division, came from the family of an American heiress “whose jewels have spent most of the last 60 years secreted in a bank vault and testify to a glamorous lifestyle in the first half of the 20th century.”

• An Indian-inspired 18k gold, emerald, and diamond necklace by Cartier, custom-made in 1947, with more than 100 cts. t.w. Colombian emeralds (pictured above); estimate: $600,000–$800,000

• A platinum and diamond ring with a 24.48 ct. D-color VS1 clarity emerald-cut diamond (pictured above); estimate: $1.5 million–$2.5 million

• An Egyptian-revival Faience and Jeweled brooch, circa 1923—one of only two fan-shape brooches ever made by Cartier, London (pictured above); estimate: $300,000–$500,000

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