Christie’s New York to host New York Magnificentt Jewels Sale

Expects sale to realize in excess of $40 million
Christie’s New York to host New York Magnificentt Jewels Sale

Christie’s New York will be hosting an auction of exceptional jewellery on April 17, 2012 at its flagship Rockefeller Center saleroom. The sale is expected to realize in excess of $40 million.

The auction house has selected over 300 individual jewels, including top-quality diamonds, gemstones, natural pearls and signed jewels, with auction estimates ranging from $2,000 up to $8 million.

Rahul Kadakia, Head of Jewelry at Christie’s New York noted, “Christie’s record results of $600 million in jewelry sales worldwide last year were shaped by continuing demand for top colored and colorless diamonds with exceptional provenance, including the new auction record of $266,000 per carat for a colorless diamond, achieved last December in New York for the legendary Elizabeth Taylor Diamond of 33.19 carats. Investment-quality jewels of this caliber, whether collected purely for enjoyment or as a tangible alternative asset, continue to inspire great interest from new and established collectors worldwide. We look forward to starting the spring jewelry season with this magnificent selection of rare diamonds, gemstones and signed jewels, all of which have been curated with the interests of today’s savvy collector in mind.”

Various important American collections will feature in the sale including - collection of 17 jewels from the Estate of Huguette M. Clark, one of the last great heiresses of America’s Gilded Age. Ms. Clark’s personal jewelry collection includes signed Art Deco jewels by Cartier, Dreicer & Co., and Tiffany & Co., including The Clark Pink, an extremely rare 9-carat pink diamond ring, and The Clark Diamond, a superb 20-carat D-color diamond ring. The complete collection is expected to fetch up to $12 million. The sale also features a signed jewels from the Estate of Lucille E. Davison, a prominent collector, philanthropist and long-time trustee of Saint Anselm College in New Hampshire.

There will also be no less than 10 top-quality D-color diamonds and 15 more stones graded higher than top commercial white. A highlight in this is The Perfect Diamond, a 44.09 carat D-color internally flawless diamond with a highly-desirable emerald cut and certified by the GIA as a type IIa diamond. Other diamonds to feature include: a Pear-Shaped Diamond Ring of 16.33 Carats, by Van Cleef & Arpels, an Oval-Cut Diamond Ring of 15.08 Carats, a Rectangular-Cut Diamond Ring of 15.58 Carats, a Rectangular-Cut Diamond Ring of 10.69 Carats, by Harry Winston, an Old Mine-Cut Diamond Ring of 18.00 Carats, a Circular-Cut Diamond Ring of 6.26 Carats, by Harry Winston, a Belle Époque Diamond Ring of 6.50 Carats, an Oval-Cut Diamond Ring of 6.45 Carats.

Some of the natural pearl highlights of the sale include a Five-Strand Natural Pearl Necklace and a Pair of Natural Pearl and Diamond Ear Pendants.

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