RAPAPORT... Christie’s sold $59.7 million of jewelry at its New York auction on December
10, 2015, selling the event’s top lot, the ‘Victory’ diamond, for $4.3 million.
The rectangular-cut, 31.34-carat, D-color ring commemorating
the Allied victory in World War II fetched $137,492 per carat at the
Magnificent Jewels auction, according to a statement December 10. Christie’s pre-auction
estimate valued it at $4 million to $5 million.
A
cushion-cut, 43.79-carat, D-color diamond ring sold for $4 million, while a
103.66-carat diamond pendant necklace auctioned for $3.7 million. A
rectangular-cut, 28.28-carat, D-color diamond ring went to an online buyer for
$3.4 million, a new Christie’s record for a jewel sold to an internet bidder.
A collection of pieces from the estate of late New York
socialite Carroll Petrie was 90 percent sold by lot, with “late-evening bidding
wars” for some of the most sought after necklaces, including a unique Tony
Duquette design from the collection of Wallis Simpson, the Duchess of Windsor.
Separately, a ring with a round, brilliant-cut, 1.74-carat, fancy intense blue diamond sold for $1.9 million, beating its estimate of $700,000 to $1 million. The price of $1.1 million per carat was a record for fancy intense blue diamond, according to the Diamond Investment & Intelligence Center.
In total, 11 lots were auctioned for at least $1 million each,
and four fetched more than $3 million apiece. Christie's sold 71 percent by lot and 77 percent by value.
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