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Sotheby's Magnificent Jewels Sale Brings in Over $36 Million

November 18, 09 by Edon Ophir

A 19th century ruby and diamond necklace was the highest selling item at Sotheby's its Magnificent Jewels sale in Geneva yesterday, November 17.

 

The necklace, which consists of twenty-four cushion-shaped rubies alternating with twenty-four similarly shaped diamonds mounted in silver and gold, was sold for $4.3 million. 

 

The highest-selling items that followed consisted of three distinct, yet magnificent, diamond rings. 

The "Fancy Vivid Yellow Diamond Ring," a modified brilliant-cut diamond weighing 74.80 carats with a plain yellow gold mount, was sold for $3.1 million, followed by the "Magnificent Fancy Vivid Green Diamond Ring", a cushion modified brilliant-cut fancy vivid green diamond weighing 2.52 carats with a plain platinum and yellow gold mount, which went for $3.06 million.  

Another top-selling diamond, the "Very Rare Fancy Intense Blue Diamond Ring," a brilliant-cut diamond weighing 3.17 carats, mounted in platinum, was sold for $2.5 million.

The auction's sales totaled $36.4 million, exceeding the initial pre-sale estimate of $30 million.

Diamond Index
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