Sotheby's to Auction 29.53 Carat Flawless Diamond

On October 19th, Sotheby's will auction off a dazzling array of jewels, from a 29.53 carat flawless pear-shaped diamond ring to exquisite pieces designed by Van Cleef & Arpels, Bulgari, David Webb and Tiffany & Co. The sale, which will take place at Sotheby's New York headquarters, will feature jewels from private American collections, as well as a selection of high quality white diamonds and signed and period pieces.

The 29.53 carat pear-shaped diamond is the centerpiece of the auction. The D color, internally flawless stone has been recently determined to be both potentially flawless and type IIa by the Gemological Institute of America. The ring has an estimate of $1.8 million to $2.2 million or $61,000 per carat.

Another stunning piece is a fancy vivid yellow diamond ring by Tiffany & Co., which is set with a potentially flawless emerald-cut stone of 9.55 carats in a diamond crossover mounting. Its estimate is $250,000 to $350,000.

Also featured at the sale will be an 18 Karat gold, diamond and amethyst "Botticelli" necklace by Van Cleef & Arpels. Designed with a foliate motif, it has an estimate of $50,000 to $70,000.

A diamond butterfly brooch by Bulgari, which is set with over 24 carats of diamonds, has an estimate of $50,000 to $70,000, while a David Webb-designed abstract star-shaped Abalone Pearl, Cultured Pearl, Diamond and Emerald Brooch has an estimate of $20,000 to $30,000.

The jewels will be on exhibition at Sotheby's New York showroom beginning on October 14th, 2009. An online catalogue is available to preview at Sotheby's website.

Posted via email from Whiteflash Diamonds posterous