RAPAPORT... Sotheby’s Important Jewels sale in New York garnered $9 million as its headline piece failed to find a buyer. 
Bids for the oval, 27.35-carat, D-color, VS2-clarity
diamond and platinum ring did not meet its reserve price after Sotheby’s estimated
it would sell for $2 million to $2.5 million, or up to $91,408 per carat. The
auctioneer did not disclose the highest bid it received for the stone.
The top selling lot was a Bulgari ring comprising a cushion-cut,
24.72-carat sapphire surrounded by pear-shaped diamonds with a total carat
weight of 9 carats. The hammer price of $706,000 was well above the pre-sale
estimate of $250,000 to $350,000.
Separately, a platinum ring featuring a marquise-shaped,
10.10-carat, D-color, VVS2-clarity diamond flanked by two tapered baguette
diamonds sold for $634,000, also beating its estimate of $300,000 to $400,000. |
|
|
|
|