30 Carat Diamond Sells for $130,000 P/C at Christie’s

A 30.02 carat pear-shaped D, Internally Flawless type Iia diamond was sold for $4,002,500 to an unidentified private buyer at Christie’s New York jewelry auction on Wednesday. The winning bid represents a $133,000 per carat sale price.

“The market for colorless diamonds remains absolutely firm and very much in line with prices realized for similar stones this time last year,” said Rahul Kadakia, Christie’s head of jewelry.

Another top selling item was a 6.76 carats cushion-cut Burmese ruby and diamond ring that was sold for $866,500, or $128,000 per carat, to an Asian private buyer.

A rectangular-cut D, VS1 diamond weighing 32.72 carats sold for $1,650,500, within the estimated range of $1.4 - $1.8 million.

“The sale attracted buoyant participation from private collectors and members of the trade from all over the world, setting a great tone for the spring jewelry auction season,” Kadakia added.