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Newsroom Full Article

Sotheby’s Auctions 10.24 Carat Fancy Yellow Diamond for $157K

February 07, 08 by IDEX Online Staff Reporter

 


Large fancy color diamonds,
such as this 10.24 carat fancy
yellow VS1 diamond ring
fetch unusually high prices
Photo: Sotheby's
 

A 10.24 carat fancy yellow VS1 diamond ring, mounted in platinum, sold for a hammer price of $157,000 at Sotheby’s Important Jewels sale, held Wednesday in New York City. The circa 1930 ring was the property of a private collection and outsold its estimated price by $37,000. 

 

The item that garnered the highest price was a 21.54 carat cushion antique mixed cut sapphire and diamond platinum ring that sold for $217,000. The sapphire was listed as being of Burmese origin and not heat treated. Although few details were provided for the diamonds, they were listed as being 2.5 carat calf’s heat cut.

 

Also of note was an 18 karat gold and diamond ring, which sold for $133,000. The 6.51 carat I/VS1 emerald cut diamond is flanked by two half moon shaped diamonds, together weighing approximately 1 carat. A 14.29 carat pear shaped diamond ring sold for $115,000.

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