Christie's Auctioning Big Colored Diamonds

Christie’s New York announced March 22 its Magnificent Jewels sale on April 12 will now feature additional fancy colored diamonds in shades of pink, blue, and yellow.

The sale will feature:

 

3.25 carat Fancy Vivid blue diamond, estimated $2–3 million

 

50.29 carat Fancy Vivid yellow diamond by Carvin French, estimated $2–3 million

6.61 carat Fancy Intense pink diamond set, with a rectangular-cut fancy intense pink diamond, flanked on either side by a baguette-cut diamond, mounted in platinum 

(Photos courtesy of Christie's)

Christie’s had previously announced the sale of a Fancy Vivid purple-pink diamond of 10.09 carats estimated at $12-15 million.

“Demand for large colored diamonds from connoisseurs and investors continues to reach new heights, and we look forward to starting the spring season with this exceptional group of top colored diamonds, curated with the specific desires of today's collectors in mind,” said Rahul Kadakia, head of jewelry at Christie's New York, in a statement.

Article Courtesy of JCK

A 10.09 Carat Fancy Vivid Purple-Pink Diamond Estimated at $12 to $15 Million.

Another unusual diamond is set to capture global attention with its color, size and price. Christie's will auction a 10.09 cushion cut fancy vivid purplish-pink diamond at the April 12 Magnificent Jewels sale in New York. The auction house has estimated the diamond at $12-15 million.

In the recent past, fancy color and large diamonds broke a string of price records. Four pink diamonds have fetched more than $1 million p/c at Christie's auctions, among them a vivid pink, 5-carat cushion-cut diamond that sold for more than $2.1 million p/c at Christie's Hong Kong in December 2009. 

Photo courtesy of Christie's

“Collector demand for large colored diamonds has never been stronger, especially where pink diamonds of this size and quality are concerned,” said Rahul Kadakia, Head of Jewelry at Christie's New York.

“At Christie’s New York this past December, jewelry collectors competed for a 6.89 carat Fancy Vivid purplish-pink diamond, which ultimately sold for $6.9 million or $1 million per carat. This larger stone, with its richer, deeper hue of pink and electrifying purple tone is positioned to become one of this season’s top-selling diamonds,” Kadakia added.

The auction house did not disclose who the seller is, though it is believed to be a diamond company.

Article courtesy of Idex online news