RAPAPORT... Christie's New York sale of magnificent jewels achieved $60,561,125 and was 82 percent sold by lot. Diamonds fared well at the sale with the top lot achieving $8,565,000 for a pair of circular-cut, D, internally flawless diamonds of 22.60 carats and 22.31 carats. Other top lots included a 40.43-carat, D, potentially flawless, oval-cut diamond that sold for $7,669,000 or an average $189,700 per carat. A 6.10-carat, VVS1, fancy intense pink, rectangular-cut diamond ring by Harry Winston achieved $5,765,000 or $945,000 per carat and it was part of the Riki and Jerome Shaw collection that garnered $8.6 million to benefit animal welfare.
A 20.10-carat, D, VVS1, rectangular-cut diamond by Harry Winston sold for $2,461,000 or $122,400 per carat, while a 24.53-carat, D, VS2, pear-shaped diamond achieved $2,225,000 or $90,700 per carat. Christie's sold a 42.96-carat, L, VS1, rectangular-cut diamond for $1,865,000 and a 2.49-carat, old-mine cut, fancy yellowish green diamond by JAR for $1,805,000 or $724,900 per carat. Rahul Kadakia, the international head of Christie's jewelry noted that the sale kicked off an exciting spring jewelry season for the auction house. "We look forward to offering collectors the opportunity to acquire 'The Blue' – the largest flawless vivid blue diamond in the world and also 'The Ocean Dream,' the largest vivid blue-green diamond in the world at Christie’s Geneva on May 14,” he said.
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