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Sotheby’s to Sell Rare Fancy-Color Diamond
Nov 12, 2019 8:20 AM
By Rapaport News
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RAPAPORT... A rare fancy-deep-grayish-blue diamond ring with a high
estimate of $8 million is set to lead Sotheby’s Magnificent Jewels sale in New
York next month.
The cushion-cut, 7.55-carat, type IIb, SI2-clarity stone,
called the Indian Blue, is valued at $6 million to $8 million, and displays a
red phosphorescence typically found in diamonds from the Golconda mine in
India, or from South Africa, Sotheby’s said last week.
A bracelet containing 200 Argyle diamonds ranging in color
from intense pink to red is also set to go under the hammer at the December 10
sale. The piece, created by New York jeweler Carvin French, is estimated at
approximately $3 million.
Sotheby’s will also offer a fancy-vivid-yellow diamond and
sapphire clip-brooch, set with a round-cornered square brilliant-cut
14.37-carat yellow diamond, accented with cabochon sapphires and round
diamonds. The brooch, created by Verdura to look like an iris, carries a
presale estimate of $1.6 million to $2.4 million. A 27.96-carat, H-color,
VVS2-clarity diamond ring from a private US collector, valued at $1 million to
$1.5 million, will also feature at the sale.
Also up for auction are several collections, including 16
pieces from Mary Duncan Sanford, a former silent-film actress, socialite,
philanthropist, and the wife of international polo player Stephen “Laddie”
Sanford.
Jewels belonging to Princess Natalie Paley, the daughter of the Grand
Duke Paul Alexandrovich, uncle of the last Russian czar, will also go under the
hammer. The collection of the former Vogue model and wife of a Broadway
producer and director includes an emerald and diamond clip-brooch, and a gold,
platinum and diamond brooch.
Other notable items include jewelry by artist Salvador Dali
and pieces from Australian twin-brother team David Michael Jewels, which will
be offered at auction for the first time.
Sotheby’s will showcase the pieces in its New York galleries
beginning December 5, it said.
Image: The Indian Blue. (Sotheby’s)
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Tags:
Argyle, Carvin French, David Michael Jewels, Golconda mine, Grand Duke Paul Alexandrovich, Indian Blue, Magnificent Jewels, Mary Duncan Sanford, New York Magnificent Jewels, Princess Natalie Paley, Rapaport News, Salvador Dali, Sotheby’s, Stephen “Laddie” Sanford, Verdura
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