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Christie’s Geneva Luxury Auctions Achieves $98,157,500
Leading the sale was a superb D-Colour diamond ring of 50.47 carats, by Harry Winston, which sold for CHF6,500,000 / $6,500,000.
By: Diamond World News Service
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May 17 2018 11:19AM
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Reference: 16360  

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Rahul Kadakia, International Head Christie’s Jewels Department and lead auctioneer, selling lot 414, realising a total of CHF 5,487,500
Rahul Kadakia, International Head Christie’s Jewels Department and lead auctioneer, selling lot 414, realising a total of CHF 5,487,500

The Christie’s Geneva May series of sales achieved a combined total of CHF98,153,210 / $98,157,500, attracting over 2,500 visitors to the Four Seasons Hotel des Bergues. The three sales had registered bidders from 57 number of countries and of the total registrants 20 per cent were new to Christie’s. Magnificent Jewels auction concluded the series of sales, featuring a selection of exceptional items, with 16 lots selling over 1 million and the total sale achieving CHF81,620,500/ $81,620,500.

Leading the sale was a superb D-Colour diamond ring of 50.47 carats, by Harry Winston, which sold for CHF6,500,000 / $6,500,000. Further highlights included: a spectacular fancy vivid yellow diamond ring of 20.49 carats, achieving a near record price per carat for a total of CHF5,487,500 / $5,587,500, a fancy intense purplish pink diamond ring of 8.52 carats selling for CHF6,275,000 / $6,275,000 and an important late 19th century emerald and diamond necklace, by Tiffany & Co., circa 1880, which was originally sold at Christie’s New York, over 20 years ago and today realised CHF1,572,500/ $1,572,500.

Rahul Kadakia, International Head of Jewellery comments, “The inaugural GemGenève jewellery fair attracted a 140 exhibitors and many new faces to Geneva, adding to the spirited activity at the sales all week long. White diamonds, in particular showed great demand, alongside blue and pink stones and top vintage jewels.”

François Curiel, Chairman Europe and Asia, comments “The Spring 2018 auctions marked another successful sale season in Christie’s 50 year long history selling in Geneva. For the last half a century Christie’s Switzerland has connected collectors across the world to experience owning beautiful objects from art to jewellery and watches to wine. 50 years of knowledge and passion has elevated Christie’s into a leading position of the Swiss Art market.”

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