Advanced Search

41.50ct. Diamond to Lead Sotheby’s New York

Mar 24, 2021 11:59 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... A rare 41.50-carat diamond will headline the spring Magnificent Jewels sale at Sotheby’s in New York, the auction house said Tuesday.

The round, D-color, flawless, triple Ex, type IIa diamond is expected to garner up to $5.5 million at the April 15 sale, Sotheby’s noted.

Other highlights include items from the private collections of the late American actress Rhonda Fleming and of Miami-based philanthropist Patricia Wallace.

Dubbed “The Queen of Technicolor,” Fleming was widely known for her prominent roles in some of Hollywood’s most celebrated film-noir productions.

The actress favored emerald pieces, as they accentuated the green in her eyes. On offer will be her necklace suspending seven fluted emerald beads, accented by diamonds, with matching earrings. The items, presented as a set, have a high estimate of $20,000.

The more than 20 pieces from Wallace’s private estate feature Cartier, Van Cleef & Arpels, Bulgari, and David Webb. In tribute to Wallace’s philanthropy, three panther-inspired jewels by Cartier and one by David Webb will be sold to benefit Panthera, a wildcat-conservation organization. A Cartier colored-stone and diamond Panthère bracelet is predicted to fetch up to $80,000. Another piece from the collection, a Bulgari diamond ring weighing 22.11 carats, carries a high estimate of $600,000.

“My mother would be pleased that proceeds from her collection will help conserve the big cats whose forms are represented so beautifully in jewels and metal throughout her collection,” noted Wallace’s son, Mark Wallace.

Graff, Tiffany & Co. and Vendura are among the other brands featuring in the auction, with a cushion-cut, 28.01-carat Kashmir sapphire ring from Tiffany listed for up to $3.5 million.

Image: The 41.50-carat diamond. (Sotheby’s)
Tags: actress Rhonda Fleming, Auctions, Bulgari, Cartier, David Webb, Graff, Kashmir sapphire, Magnificent Jewels, Mark Wallace, new york, Panthera, Panthère, Patricia Wallace, Rapaport News, Sotheby’s, The Queen of Technicolor, Tiffany, Tiffany & CO., Van Cleef & Arpels, Vendura
Similar Articles
Jewelry storeUS Wholesale: Inflation Threatens the Bottom Line
Aug 14, 2022
Soaring costs and reduced discretionary income are raising concerns in the diamond trade.Increases in raw materials
Rapaport LogoRapaport Weekly Market Comment
Aug 04, 2022
News: Diamond market quiet. Deep concerns about trading slowdown and prospects for 2H. US retail
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.