Christie’s To Auction Largest Briolette Diamond Ever!

Christie’s Hong Kong Magnificent Jewels sale on May 28 will feature the largest briolette diamond that has ever appeared at auction. The 75.36-carat diamond is part of a pendant necklace that includes a marquise-cut purplish pink diamond suspended above the briolette. The two diamonds are joined by a briolette diamond neck chain mounted in 18k rose and white gold. The necklace is estimated to fetch $8.5 to $12.5 million.

The briolette has been graded as D color and type IIa, indicating its internally flawless clarity, excellent polish, high level of chemical purity and exceptional optical transparency.

How Much Is Your Clock Worth?

A rare Breguet Sympathique clock–the type of timepiece that used to decorate the palaces of European royalty–sold for $6.8 million Tuesday at Sotheby’s New York, setting a new auction record for a clock.  It was the second-highest price achieved for any timepiece at auction, surpassed only by the $11 million sale of the Henry Graves Supercomplication in 1999, also sold by Sotheby’s.

The Duc d’Orléans (above) is the most complex of the Sympathique clocks created by renowned French watchmaker Abraham-Louis Breguet, who conceived the idea for these clocks–designed primarily to showcase his skills–while exiled to Switzerland during the French Revolution.

Deep Fancy Blue Briolette Diamond Sold For 10.8 Million At Auction!

A rare 10.48 carat flawless, Fancy Deep Blue Briolette diamond was sold this week by Sotheby’s and set a new record at auction for a deep blue diamond and briolette shape.

The sale price was more than twice the high-end pre-sale price estimate set by Sotheby’s.

Graded by GIA, the stone received the Lab’s highest grade for Polish and Symmetry.

Rich Divorcee “Downsizing” By Selling Off Her Diamonds

The Wall Street Journal today reports that Patricia Kluge, the socialite who made a fortune from her divorce from billionaire media tycoon John Kluge, and is now in the wine business is selling off her diamonds and jewelery through Sothebys.

More than 200 pieces of jewelry from her collection, including a pair of platinum and diamond pendant-ear clips set with almost 64 carats of pear-shaped diamonds and estimated between $600,000 and $800,000.

Also included are some “fancy-intense” yellow diamonds, suites of sapphires and rubies, and a sapphire and diamond Panthère wristwatch from Cartier circa 1985. The watch is estimated between $100,000 and $150,000.

Her Virginia winery, Kluge Estate Winery and Vineyard, is doing well and she’s planning to build a new home on the vineyard, which she says will more reflective of her “changing taste and more streamlined lifestyle,” according to Sotheby’s.

She also plans to travel more “so that she can enjoy her other homes.

C’est la Vie.

Rare Blue Diamond Sells For Record Price At Sotheby’s Auction.

A rare 5.16-carat blue diamond sold at auction for $6.4 million in Hong Kong on Wednesday, confirming Asia’s fast-growing taste for the precious stone.

London’s famed Moussaieff Jewellers paid more than the $5.9 million expected price tag for the pear-shaped stone, the first blue diamond from the celebrated De Beers Millennium Jewels Collection to appear at auction.

But the world per-carat record for a blue diamond remains the $10.5 million paid by a Hong Kong property tycoon for a seven-carat blue diamond in Geneva in May last year.

In December, a five-carat chickpea-sized vivid pink gem set a per-carat world record price for a diamond when it fetched $10.8 million at an auction in Hong Kong.

What a Beautiful Rare Diamond Ring!

The upcoming Sotheby’s Australia’s April 12 sale of antique and contemporary jewelry will be a significant one for the auction house. They will feature the first red diamond ever offered for public auction in Australia.

The 0.82-carat, fancy purplish-red Argyle diamond is set into a ring and is flanked by a pair of fancy blue diamonds in a round brilliant-cut diamond surround, all mounted in platinum. Its value is estimated at between 700,000 and 1 million Australian dollars (between about $645,065 and $921,556) and will be accompanied by a letter from Argyle Diamonds attesting to its rarity.

39 Carat Pear Shape Diamond!

A 39-carat, D color diamond from India’s famed Golconda mines called the “Evening Star” fetched $5.4 million at Christie’s, the latest in a line of remarkable diamonds to dazzle at auction.

An anonymous buyer snapped up the stone, paying $138,000 per carat for the diamond dubbed the “Evening Star” because its previous owner liked to wear it out at night.

It was part of Christie’s “Magnificent Jewels from a Distinguished Private Collector” sale, held Thursday in New York.

The sale of the “Evening Star” comes on the heels of the record-setting $10.8 million sale of “The Vivid Pink” diamond Dec. 1 in Hong Kong and the $7.7 million sale of the 32.01-carat D-flawless Annenberg Diamond in October.

The combined total for Christie’s “New York Jewels” and the “Magnificent Jewels” sales was $25.18 million, with 85 percent of the goods sold by lot and 97 percent sold by value, according to the release.

Other notable lots include a modified rectangular-cut fancy intense blue VS1 diamond of 7.02 carats, which went for $3.89 million to an anonymous buyer, and a 36.78-carat, D color internally flawless diamond, purchased by a member of the U.S. trade for $3.39 million.

In addition, a pair of D-VVS pear-shaped diamonds of 10.21 and 10.51 carats garnered nearly $2.1 million, while a modified cushion-cut fancy intense yellow diamond of 40.92 carats was auctioned off for $1.11 million.

Diamonds remain a Girl’s Best Friend, even in this difficult economy.

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!!