Christie’s New York to Sell Three Colored Diamonds

Christie’s had an "unprecedented season" this spring with three world record breaking diamond sales in New York, Geneva and Hong Kong.

Three exceptional colored diamonds are likely to be the highlights of the Christie’s New York Magnificent Jewels auction on October 15.

The gems are: an 8.77-carat, rectangular cut fancy intense pink diamond ring carrying a presale estimate of $5.5 million-$6.5 million; a 3.81-carat cushion cut fancy vivid blue diamond ring with a price range of $2.5 million to $3.5 million; and a 5.13-carat, square cut fancy vivid yellow diamond ring which has a presale estimate of $200,000 to $300,000.

In total, Christie's anticipates raising in excess of $40 million from the 400-lot auction.

Christie’s Americas and Switzerland head of jewelry Rahul Kadakia said, "For the first major fall sale in New York, our team of jewelry specialists have traveled the globe to gather the finest quality diamonds, emeralds, rubies, sapphires and rare vintage jewels from notable estates and private collections. In anticipation of a continued strong market, we look forward to offering collectors the best in the world of jewelry auctions.”

Other outstanding items include the “Mystery Set” sapphire, diamond and colored diamond Argentine flag brooch that belonged to Argentinean strong-woman Eva Peron which was created by Van Cleef & Arpels. The brooch was last sold at auction in April 1998 for $992,500.