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Top Lots Smash Estimates at Phillips Jewelry Sale

December 14, 2022  |  Leah Meirovich
Phillips pink diamond necklace

A pink-diamond necklace led the most recent jewelry auction at Phillips, smashing its high estimate to bring in $1.9 million following a “fierce” bidding battle.

The oval, 4.05-carat, fancy-intense-pink diamond pendant by Boodles was estimated at $800,000 to $1.2 million at the December 13 New York sale. It is one of eight lots in the top 10 that beat their presale high price tags.

In total, the sale garnered $7.4 million, with 81% of items on offer finding buyers.

“We are delighted to conclude the year on such a high note,” said Benoît Repellin, worldwide head of jewelry for Phillips. “With enthusiastic bidding across the globe — from Egypt, to Korea, to Brazil — the sale demonstrated the continued appeal for rare colored and colorless diamonds, as well as for exceptional signed pieces.”

Here are the rest of the top 10:

Main image: The 4.05-carat pink diamond necklace by Boodles. (Phillips)

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