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Diamond Rings Sell for Millions at Christie's NY Auction


Post Date: 16 Jun 2011    Viewed: 454

Diamond rings were the top-selling lots at Christie's Important Jewels Auction in New York on Tuesday, with two standout jewels fetching over $1 million each.



The star sale was a ring with a 46.51-carat oval-cut center stone flanked by two 1-carat pear-shaped diamonds. The jewel, set in platinum, was knocked down for $4,226,500 – a per-carat price of nearly $91,000.



Another diamond and platinum ring, set with a 10.01-carat diamond and two smaller pear-shaped diamonds, went for $1,314,500.



A 19.22-carat emerald-cut yellow diamond ring with a color grade of Fancy Light Yellow flanked by two trilliant-cut diamonds sold for $458,500, and a colorless 10.42-carat emerald-cut diamond ring was knocked down for $422,500.



While diamond rings dominated the sale, other jewels also performed well, such as the pair of square-cut yellow diamond earrings weighing over 17 carats each set in gold and platinum fetched $722,500.



In total, the Christie's New York Important Jewels Sale brought earned over $11.7 million.


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