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Christie’s Geneva Sells Pink Diamond for $18M

Nov 16, 2016 4:35 AM   By Rapaport News
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 Christie’s netted $2 million per carat for a pink diamond at its Magnificent Jewels auction in Geneva on Tuesday.

The pear-shaped, 9.14-carat, fancy vivid pink, VS2-clarity diamond was sold for $18.2 million (CHF 18.1 million) to an unidentified Asian buyer, Christie’s said.

The company set a new world record at the auction for a pair of earrings, selling two pear-shaped, D-color, flawless diamonds designed by Boehmer et Bassenge to an anonymous buyer for $17.6 million, or $170,000 per carat. The diamonds weighed 52.55 carats and 50.47 carats.

Separately, a D-color diamond fringe necklace went to Harry Winston, which also designed it. Harry Winston paid $8.3 million for the piece, for which the largest 18 diamonds weighed a combined 128.24 carats.

Total sales at the auction stood at $97.1 million. It was sold 77 percent by lot and 82 percent by value.
Tags: Auctions, Boehmer et Bassenge, Christie’s, geneva, Harry Winston, Magnificent Jewels, Rapaport News
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