Thursday, November 19, 2009

Green Diamond Sets World Record

Natural colored diamonds and other colored stones did very well at the Sotheby's "Magnificent Jewels" sale in Geneva this week. The Roxburghe Rubies, a parure of a ruby and diamond necklace and earrings brought $5.77 million, five times the set's estimated price. A rare 2.52 carat vivid green diamond sold for $3.08 million. It was the largest vivid-green diamond ever to appear at auction and the sale set a new world-record price per carat for a green diamond at auction. Swiss jeweler Chatila paid $2.52 million for a 3.17-carat fancy intense blue diamond which set a new world-record price per carat for an intense blue diamond sold at auction. Chatila also paid $3.13 million for a 74.8-carat fancy vivid-yellow diamond ring. The sale brought in $36.68 million putting it safely above the pre-sale low estimate of $29.5 million. A total of 79 percent of the lots up for sale sold.

Posted via email from Whiteflash Diamonds posterous

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