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A highlight of the Christie's auction is an oval-cut, fancy intense yellow, internally flawless Diamond of 68.35 cts.


Buyers who cannot choose between colored and colorless diamonds could bid on these diamond ear pendants of 52.78 cts. and 50,31 cts.

  Spectacular array of colored diamonds kick off Christie's fall auctions in New York


October 14, 2012


Auction house Christie's will kick off its fall jewelry auction season in New York with an array of magnificent jewels, including an oval-cut fancy intense yellow, internally flawless diamond of 68.35 cts. With excellent polish and symmetry, it is estimated sell between $2.2-3.2 million.

The New York Magnificent Jewels sale features an variety of gems in sizes ranging from one carat up to almost 70 carats. The auction house is hoping to repeat its performance in 2011, but that will be tough. As many will remember, in December 2011 the legendary Elizabeth Taylor Diamond was sold. The rectangular-cut D-color potentially flawless diamond of 33.19 cts. fetched $8.8 million, setting a record per-carat price of $266,000 per carat.

For collectors who don't want to have to choose between colored or colorless diamonds, a pair of pendants is on offer, bringing together a pear-shaped, fancy yellow diamond of 52.78 cts.and a pear-shaped white diamond of 50.31 cts., surmounted by circular-cut fancy yellow and white diamonds. The selling price is estimated at $4.5-6.5 million. Mounted in yellow and white gold, the pendants may be easily swapped or detached completely, giving the owner three options for how to wear them.

The two-session sale at Christie's Rockefeller Center saleroom comprises 372 lots total, and is expected to achieve in excess of $35 million.

Among the other highlights the sale is a "honeycomb" motif ruby and diamond bracelet by Van Cleef & Arpels. Crafted from hexagonal-cut rubies and diamonds, the gems are set using the firm's trademark "mystery-set" technique which eliminates any visible prongs from the surface of the bracelet. It is estimated to sell $100,000 and $150,000.

Christie's also will be offering selection of jewels by Marina B, whose signature brand of jewelry has been worn by the world's most glamorous celebrity collectors, including Elizabeth Taylor, Sophia Loren, and Princess Grace of Monaco. Among the items on offer are a ruby and gold "Simona" bangle set with a shield-shaped fancy yellow diamond, estimated to sell at between $50,000 and $70,000; a "Georgina" ring featuring an oval-cut ruby of 10.54 cts., with a pre-sale estimate of $200,000-300,000; and a pair of diamond, amethyst and pink tourmaline "MBC" ear pendants, with a pre-sale estimate of $25,000-35,000.

"Our spring auction season was our strongest yet at Christie's, with $303.5 million in total jewelry sales and unprecedented global participation," said Rahul Kadakia, head of Jewelry for Christie's Americas and Switzerland. "In anticipation of a continued strong market this autumn, our team of jewelry specialists has spent the summer months gathering the finest gems to match current collecting tastes, including top-quality diamonds, natural pearls, emeralds, rubies, sapphires, rare vintage jewels, and highly-coveted contemporary creations from the best designers."

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