A blue diamond weighing 11.16 carats was sold on Tuesday for $25.2 million. It was the most valuable jewel at this year's Geneva auctions, according to Sotheby's.
Bulgari Laguna Blu, a pear-shaped stone in a fancy vivid blue colour, exceeded the high pre-sale estimate. That is the $25 million price after a four-minute bidding battle among several buyers, Sotheby's noted.
It was the main item in the Magnificent Jewels and Noble Jewels auction. The auction brought $85.4 million, Sotheby's highest total for this auction in five years.
“The sale of Laguna Blu exceeds the impressive performance of our Magnificent Jewels and Noble Jewels auction. It also had outstanding colored gemstones, particularly emeralds and yellow diamonds, surpassing their high estimates.” That's according to Olivier Wagner, head of Sotheby's jewellery department at Sotheby's in Geneva.
The other places that also complete the top 10:
This ring has a 21.94 carat rectangular brilliant-cut diamond in a fancy bright pink colour. The diamond is flanked by two more crescent-shaped fancy grey-blue diamonds weighing 0.51 and 0.46 carats. The ring sold for $11.8 million, near the top of its pre-sale estimate.
A ring with a rectangular-cut brilliant-cut diamond, 5.01 carats, in fancy vivid-purple-pink. The pink diamond is surrounded by white diamonds and fetched $6.3 million, just above its reserve price.
A 132.83 carat cushion-shaped sapphire pendant with 132.83 carats and diamonds. It fetched $4.4 million, exceeding its high estimate.
Sotheby's sold this Harry Winston ring with a 51.52-carat, 51.52-carat, cushion-cut brilliant-cut, F-colored, flawless diamond on the inside. The ring sold for $2.1 million, almost at the pre-sale price.
This 18.78-carat, 18.78-carat, D-colour, VVS2-cut diamond ring by Bulgari. It sold for $1.7 million, exceeding its upper estimate.
A 11.57-carat fancy-vivid-yellow fancy-cut diamond ring with a graduated cut. It fetched $1.3 million, more than doubling its upper target price of $613,242.
Nearly quadrupling its upper estimate ($306,543), this necklace features two rows of natural pearls with a diamond clasp. The necklace is from the collection of a princess, fetched $1.2 million at the sale.
A Harry Winston necklace from a princess's collection fetched $1.1 million. The price of the piece, which is adorned with a 37.92-carat Padparadscha oval sapphire, exceeded its high estimate.
A 15.05 carat marquise diamond ring in D colour, graded VVS1. It fetched $1.1 million, more than three times its top price.
Source: rapaport.com
