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Sotheby's Has a Nice Diamond Day!

Rapaport News reports that Sotheby’s New York sale of Magnificent Jewels, held April 24, 2007, totaled $22,440,200 with the four top lots all going for more than $1 million.


The top lot was a 74.95-carat fancy intense yellow diamond, which sold for $2,056,000. An 18.54-carat emerald was the second bestseller of the sale bringing in $1,888,000 dollars, and at $101,833 per carat it was just shy of the record price for an emerald sold at auction, which was $107,570 per carat.


Two more diamonds each sold for $1,552,000. One was a 16.98-carat emerald cut, DVVSI, signed Van Cleef & Arpels and the other was a necklace signed Reza, Paris with a 30-carat baguette collar suspending a 48.91-carat J/VS2 pear-shaped drop.


Serious Bling Bling!!


Posted by Barry Gutwein on April 25, 2007 4:05 PM in Auctions | Comments (5)

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