Rapaport News


Polished Markets


Advanced search
Latest Articles
Rough Markets
Polished Markets

Diamond Ring Fetches $31K/ct. at Sotheby’s

15-carat Marianne Ostier piece beats high estimate of $225,000 at New York sale.
Jun 10, 2019 5:16 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Sotheby’s brought in a total of $8.5 million at a New York auction last week, as a 15.13-carat diamond ring more than doubled its high estimate.

The pear-shaped, D-color, SI2-clarity, Marianne Ostier piece garnered $475,000, or $31,395 per carat, against a high estimate of $225,000. It was the top-selling lot at the Important Jewels sale.

A diamond ring — set with a cushion-cut, 22.41-carat, L-color, VS2-clarity stone — sold for $437,500, within its valuation of $375,000 to $475,000. Another diamond ring, by designer Harry Winston, also beat its estimate. The emerald-cut, 15.88-carat, E-color, SI2-clarity piece went for $362,500, or $22,827 per carat. It had a high estimate of $300,000.

Meanwhile, a cut-cornered rectangular mixed-cut, 6.51-carat, fancy-light-purplish-pink diamond ring, estimated at $525,000 to $575,000, failed to find a buyer.

Several pieces by Harry Winston, Van Cleef & Arpels, Tiffany & Co. and Buccellati also sold at the auction.

Sotheby’s sold 91% of all lots on offer, it said.

Image: The Marianne Ostier diamond ring. (Sotheby’s)
Tags: Buccellati, Harry Winston, Important Jewels, Marianne Ostier, Rapaport News, Sotheby’s, Tiffany & Co, Van Cleef & Arpels
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Sep 19, 2019
Hong Kong show brings fewervisitors, but better-than-expected trading. Serious...
Bonhams Auctions Historic Emerald
Sarine, NGTC Partner on Grading Standards
Hong Kong Fair Prioritizes Buyer Incentives
GIAGIA Names New Mineral Johnkoivulaite
Sep 18, 2019
The Gemological Institute of America (GIA) has confirmed anew mineral...
Alrosa Expects Kristall Merger in September
Podcast: Young Diamantaires Explore South Africa
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us