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Pink Diamond Sells for $1M/Carat at Record Christie's Auction


Post Date: 10 Dec 2010    Viewed: 490

A 6.89-carat pink colored diamond graded Fancy Vivid Purple Pink was the star of Christie's New York Jewels Auction, held Wednesday.



The rectangular-cut pink diamond, set in a ring surrounded by smaller pave-set pink diamonds and mounted in 18k rose gold, was knocked down for $6,914,500, or $1 million per carat.




Other major lots at the New York sale included a ring set with a 22.79-carat cushion-cut D color diamond, which fetched over $2.8 million; a Fancy Intense Pinkish Orange pear-shaped diamond ring of 10.91 carats that sold for $2.378 million; and a 7.30-carat Fancy Purple-Pink rectangular-cut diamond ring that sold for $902,500.




National Jeweler reported that the auction's total sales comprised over $22 million, putting Christie's New York sales of jewelry to $131 million in 2010 - a record for the US jewelry auction market.

 


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