37.16-Carat Diamond Sells for $4.45 Million at Christie's Auction
Post Date: 15 Apr 2011 Viewed: 442
Christie’s announced it sold $31.8 million at its Magnificent Jewels in New York auction yesterday.
In a statement, Christie’s said the sale totalled $31,792,875 and was 80% sold by lot, 71% by value.
The top lot was a rectangular-cut D-color, internally flawless diamond of 37.16 carats, which sold for $4,450,500 to a private collector, it said.
“While we were disappointed that the 10-carat purple-pink diamond did not find a buyer, top-quality white, blue, pink and yellow diamonds fared very well, with a strong price of $3.67 million, or $1.1 million per carat achieved for a Fancy Vivid blue diamond,” said Rahul Kadakia, Head of Jewelry for Christie’s Americas.
“In all, five jewels exceeded the $1 million mark, with heavy competition among both trade buyers and private collectors for colorless diamonds, large gemstones, and signed jewels,” he said.