THIS IS WHAT I LIKE; SOMETHING SMALL, PRETTY, PORTABLE AND PRECIOUS! FANCY CARRYING RM36 MILLION IN YOUR POCKET, HANDBAG OR TUCKED SNUGLY INSIDE YOUR UNDERWEAR!
This near 75-carat, perfect white diamond is valed between RM 27 million to RM 36 million.
Sotheby’s spring auction of Magnificent Jewels on 17 April 2013
will offer 400 lots, together estimated in excess of $35 million. The
centerpiece of the sale is an exceptional pear-shaped diamond of nearly 75
carats, estimated at $9/12 million*, which marks the most important white
diamond ever to appear at auction in the Americas. The stone is one of very few
pear-shaped diamonds of D color over 50 carats to be offered in recent decades
– its remarkable size and pure color position it in the company of named
diamonds such as the Star of the Season, 100.10 carats, sold by
Sotheby’s in 1995 for a then-record-breaking $16.5 million.
Lisa Hubbard, Chairman, North & South America,
Sotheby’s International Jewelry Division, commented: “This truly exceptional stone
exemplifies the strength of the white diamond market over the last decade. It
was acquired by the present owner in 2001 for $4.3 million, and today we have
estimated it conservatively at $120,000 per carat. The stone has universal
appeal, and we anticipate that it will draw attention from both the diamond
industry and discerning private collectors alike.”
Lisa Hubbard continued: “Recognizing that the strength of
the jewelry market at this moment lies in pieces that have emerged from private
collections – most recently evidenced by the success of jewels owned by Mrs.
Charles Wrightsman and Estée and Evelyn H. Lauder – we have curated the April
auction to include a wealth of wonderful, fresh-to-the-market pieces, such as
rare colored stones from the Gould family and iconic styles including Cartier’s
‘Tutti Frutti’ bracelet and panther brooch.”
Highlights from the sale will be on view in the Hong Kong Convention
& Exhibition Center from 3–7 April before returning to New York for
exhibition on 13 April, alongside a selection of pieces from the upcoming
Geneva auction of Magnificent Jewels & Noble Jewels.
* Property of a Private Collector
Exceptional Pear-Shaped Diamond
74.79 carats, D color, VVS1 clarity,
potentially Internally Flawless, type IIa
Estimate $9/12 million
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