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Sparkling 3.4-carat diamond sells for whopping $7.5 million

The 3.4-carat ring, set by Moussaieff and surrounded by pear-shaped pink and white diamonds, was sold at Christie’s Asia in Hong Kong to an anonymous bidder on May 28th

diamond world news service

The “Bubble Gum” diamond ring, so called for its unique color and shape, was estimated to sell for $6-$8 million, and ended up fetching $7.5 million – $2.2 million per carat.

A pair of Grand Muzos earrings – set with a pair of Colombian emeralds weighing 23.34 carats and 23.18 carats, was estimated to sell for $3,800,000-$6,500,000, and sold for $4.5 million.

A jadeite cabochon ring and a pair of jadeite cabochon earrings both doubled their estimates with “spirited bidding in the saleroom”, according to Christie’s, achieving $1.2 million and $1.18 million, respectively. The auction raked in a total of $44,618,910, with the participation of 130 buyers from 17 countries.



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