A
new world auction record price per carat for any sapphire was set tonight at
Sotheby’s New York, when an Exceptional Platinum, Kashmir Sapphire and Diamond
Ring sold for $5,093,000 / $180,731 per carat (est. $4/5 million). The
square emerald-cut Kashmir sapphire weighing 28.18 carats is one of the finest
sapphires ever to appear at auction, described by the American Gemological
Laboratories (AGL) as “a gem of singular importance.”
Today’s
auction of Magnificent Jewels achieved $44,313,500 in total, led by a Magnificent
Fancy Intense Orangy Pink Diamond and Diamond Ring that brought $6,101,000
(est. $6/7 million).
This pink beauty sold for RM 19.6 million
The beautifully-shaped, cushion-cut diamond of 15.23 carats, VS2 clarity, displays a soft, feminine color reminiscent of pink diamonds in historic and royal collections.
Additional highlights of the sale included The El Dorado Emerald, a highly-important emerald-cut Colombian emerald weighing 36.53 carats that sold for $2,165,000 (est. $1.8/2.2 million).
RM 7 million for this El Dorado emerald
Jewels from the estate of American entertainment icon Eydie Gormes fetched $2.2 million.
Almost all of the jewels in the collection were given to Gorme by her husband Steve Lawrence – together for more than 55 years, ‘Steve and Eydie’ reigned for decades as America’s most sophisticated and award-winning pop vocal duet.
The beautifully-shaped, cushion-cut diamond of 15.23 carats, VS2 clarity, displays a soft, feminine color reminiscent of pink diamonds in historic and royal collections.
Additional highlights of the sale included The El Dorado Emerald, a highly-important emerald-cut Colombian emerald weighing 36.53 carats that sold for $2,165,000 (est. $1.8/2.2 million).
Jewels from the estate of American entertainment icon Eydie Gormes fetched $2.2 million.
Almost all of the jewels in the collection were given to Gorme by her husband Steve Lawrence – together for more than 55 years, ‘Steve and Eydie’ reigned for decades as America’s most sophisticated and award-winning pop vocal duet.
Gary
Schuler, Head of Sotheby’s Jewelry Department in New York, commented:
“It was a privilege to offer the remarkable Kashmir sapphire that set a new
world auction record price per carat in today’s sale, with proceeds to benefit
a charitable foundation. With its exceptional quality and deep color, I knew as
soon as I saw it that the stone had the potential to reach historic heights. It
was also a special honor to offer the jewels of Eydie Gorme, whose romantic
collection of classic diamond jewelry is a testament to her long marriage to
Steve Lawrence. Our results reflect the global participation of bidders
throughout the day, with significant interest from private collectors, as well
as the steady, strong market for diamonds and gemstones of outstanding
quality.”
Exceptional Platinum, Sapphire and Diamond Ring
Centering a square emerald-cut sapphire weighing 28.18 carats, framed by
32 tapered baguette diamonds, size 8, the mounting by Oscar Heyman &
Brothers.
Estimate $4/5 million
Sold for $5,093,000 / $180,731 per carat
** Auction Record Price per Carat for Any Sapphire **
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