Advanced Search

Color Diamonds Buoyant at Bonhams Auction

Sep 22, 2016 6:32 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... A rare fancy intense blue diamond topped Bonhams London sale this week as the auction house reported a strong overall performance from its diamond offering.

The auction totaled $8.4 million (GBP 6.4 million), boosted by the oval-cut, 3.81-carat, fancy intense blue, I1-clarity diamond sold for $3 million (GBP 2.3 million), or $792,450 per carat.

“Blue diamonds account for only 0.004 percent of all diamonds mined and are therefore exceptionally rare and remain highly sought after,” said Jean Ghika, head of jewelry for Bonhams UK and Europe. “The price achieved in today’s auction demonstrates that the global appetite for colored diamonds remains as buoyant as ever.”

Colorless diamonds featured in the sale included a marquise-cut, 11-carat, D-color, VS1-clarity, type IIa diamond, which sold for $802,052 (GBP 614,500) or $72,913 per carat, triple the lower end of the pre-sale estimate. A brilliant-cut, 13.77-carat, I-color, VVS2-clarity diamond ring by J. Roca sold for $394,826 (GBP 302,500), or $28,673 per carat.

Bonhams said it sold 72 percent of the lots on offer.
Tags: bonhams, Color diamonds, diamonds, Rapaport News
Similar Articles
Gem Diamonds Finds 149ct. StoneIndia’s Diamond Trade Grows in 2017
Jan 22, 2018
India’s polished-diamond exports increased 2.1% to $23.09 billion in 2017 as the nation shipped out a higher volume
US Polished Imports Grow in November 150US Diamond Imports Rise in November
Jan 18, 2018
US polished-diamond imports jumped 11% year on year in November, government data showed. Shipments grew to $1.77 billion
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.