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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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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.  ‎record diamond prices

‎“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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