RapNet


Rapaport News

 

Polished Markets

 
Rapaport Broadcast
Rapaport’s ‘State of the Diamond Industry’ Address
June 08 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Sotheby’s to Sell Record 111ct. Diamond

Largest round diamond in auction history will join fancy vivid blue diamond at New York event.
Nov 13, 2017 4:00 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT...
The largest round diamond in auction history will feature in Sotheby’s Magnificent Jewels sale in New York next month, carrying a price estimate of up to $6.2 million.

The 110.92-carat, L-color, faint brown, VS1-clarity loose diamond (pictured, right) holds a Gemological Institute of America (GIA) report showing it has excellent polish, cut and symmetry, Sotheby’s said Thursday. Its low estimate of $4.2 million would translate to $37,865 per carat, while the high estimate works out to $55,896 per carat.

However, the top lot of the auction is expected to be an emerald-cut, 5.69-carat, fancy vivid blue, VVS1-clarity diamond ring (left) with an estimated selling price of $12 million to $15 million, or up to $2.6 million per carat. The diamond may have the potential for a cutter to make it internally flawless, the auction house pointed out.

“We’re thrilled to present supreme examples of the world’s most sought-after jewels and gemstones this season,” said Gary Schuler, chairman of Sotheby’s jewelry division for the Americas. “Greatly admired for their rarity, these are gems that are enthusiastically pursued by collectors and connoisseurs.”

Other lots at the December 5 auction will include a 15.01-carat ruby and diamond ring, estimated at $2.5 million to $3.5 million; a cut-cornered rectangular mixed-cut, 5.24-carat, fancy intense orangy-pink, VS2-clarity diamond ring, with a price tag of $1.8 million to $2.2 million; and an oval-shaped, 14.01-carat, D-color, VVS1-clarity diamond ring carrying an estimate of $1.5 million to $2.5 million.

Image: Sotheby’s
Tags: Auctions, blue diamonds, fancy vivid blue, new york, Rapaport News, Sotheby’s
Similar Articles
Sotheby'sPink and Blue Hearts Score Big for Sotheby’s
Jul 12, 2020
Two fancy-colored, heart-shaped diamonds led the Magnificent Jewels sale...
12ct. Blue Diamond Smashes Estimate at Christie’s
Rapaport Weekly Market Comment
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