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Princie Diamond Sets Record, Christie's Jewels Sale Tops $81M
Princie Diamond Sets Record, Christie's Jewels Sale Tops $81M
Apr 17, 2013 12:00 PM
By Rapaport News
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RAPAPORT...
Christie’s New York magnificent jewelry sale garnered $81,358,700 on April 16, with The Princie Diamond setting a record for a diamond sold by the auction house in the U.S. The auction sold 91 percent by lot and 82 percent by value.
The Princie Diamond, a cushion-cut, 35.65-carat, fancy intense pink Golconda diamond sold for $39.32 million, or $1.135 million per carat to an anonymous buyer. Christie’s stated that the sale also marked a new record for a Golconda diamond sold at auction. 
“A major event took place in the global auction industry with the record breaking sale of The Princie Diamond at Christie’s New York,” said Rahul Kadakia, head of jewelry at Christie’s Americas and Switzerland. “Aside from Christie’s sale of the legendary Collection of Elizabeth Taylor, this was the most successful jewelry auction ever held in the United States and Christie’s was proud to have orchestrated the sale of such an historic gemstone.”
The second top lot was a rectangular-cut, 30.32-carat, D, VVS1 diamond that sold for $4.4 million, or $146,300 per carat, to a private buyer. A marquise-cut, 23.3-carat, D, VVS2 diamond ring by Harry Winston was bought by Graff for $3.3 million, or $140,000 per carat and a diamond necklace by William Goldberg sold for $1.9 million to Essex Global Trading. The fifth top lot was an oval-cut, 11.08-carat, ruby and diamond ring, which sold for $1.7 million.
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Tags:
auction, Christie's, diamonds, Jewelry, princie diamond, Rapaport News, records, results, video
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