Sotheby’s Sells 74.79 Carat D-Color Diamond for $14 Million



Another day, another multimillion dollar diamond sale.

At Sotheby’s New York Magnificant Jewels sale on April 17, a 74.79 ct. D-color, pear-shaped diamond earned more than $14 million.

The potentially internally flawless diamond set the record for any white diamond sold in the Americas. The entire auction brought in more than $53 million, a record for Sotheby’s spring sale.

Six pieces from financier and railroad magnate Jay Gould more than doubled their combined estimate of $3 million, selling for a total of $7,905,250.

A 22.48 ct. emerald and diamond brooch from the collection was auctioned for $2,909,000, nearly five times its high estimate of $600,000.

“This is what collectors come to auction to see and experience: wonderful period pieces that are fresh to the market, and set with jewels of outstanding quality,” Lisa Hubbard, chairman of Sotheby’s international jewelry division in North and South America, said in a statement.

Other highlights from the auction included:

  • A 21.46 ct. square emerald-cut diamond ring sold for $3,189,000.

  • A 37.07 ct. cushion-cut diamond ring auctioned for $2,285,000.

  • A 15.23 ct. Classic Colombian emerald and diamond ring from the Gould collection garnered $2,285,000.

  • A Cartier “Tutti-Frutti” bracelet closed the sale, selling for $1.4 million.