25 Sep 2020
DiamondWorld Directory
Home |
News
Home
Christie's auction sales generates $22.5 million
Sold top lot - 42.28-carat Kashmir sapphire for $3.49 million
By: Diamond World News Service
|
Nov 22 2008 4:21PM
|
Reference: 3261  

DecreaseIncrease

Christie's recently held its auction, namely ‘Jewels: The Geneva Sale’. The sale generated $22.5 million, and this indicated a dip in the level of prices by 20-30 percent over the price levels achieved last spring. Despite this, the sale created a new world record price for a sapphire at an auction, a 42.28-carat Kashmir sapphire , which was the top lot, sold for $3.49 million or $82,500 per carat.

The sale included a Van Cleef and Arpels ring created with a 22.9-carat rectangular-cut, D-color, potentially internally flawless diamond, which was bought by a private buyer for $2.04 million. A 63.22-carat rectangular-cut fancy intense yellow diamond ring was bought for $1.3 million. A Bulgari natural-pearl and diamond necklace featured amongst the top 10 lots and was bought by Indian trade for $522,500.

Christie's noted a healthy attitude towards bidding although there is a market slowdown. Natural pearls and vintage jewellery saw a good asking by international buyers amongst whom there was a large number of Indian, Russian, Middle Eastern and continental European buyers."

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
 
*  Name:
 
*  Mobile:
 
*  Email:
 
 
Subscribe for DiamondWorld weekly Newsletter
 
Advertisement
HouseAd_Trade Fair
Search News by City
Advertisement
Kosher 23460
Advertisement
HouseAd_Trade Fair
Recent Issue
2020
AVAILABLE NOW...!
Advertisement
Kosher 23460
News in Pictures
Videos
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 27285
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 1831
GJEPC Chairman Interview
Views: 24281
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 31603
Promo for IJ Awards 2012 at NDTV Profit
Views: 45922
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 58115
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 18600
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 44584
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 42781
Advertisement
GIA_2020
Advertisement
Kosher 250300
Member of:
Supporter of: