I always look forward twice a year to my trips to Geneva (May and November), both for the serenity of the place and of course because of the exciting auctions of both Sotheby’s and Christie’s. For now, only Christie’s published the auction information so we will do a short resume on theirs.
The first interesting item to review is the 7.22 carat, Fancy Deep Grayish Blue diamond with a VS1 clarity, by Van Cleef & Arpels. It is valued at between $3.25 million and $5 million or $450k to $693k per carat. I will see it in Geneva when I get there before the auction. It could be a very interesting acquisition, depending on how much grey is actually in there. The last similar diamond (Fancy Dark Greyish Blue diamond) sold at auction was the Fairness Blue sold at Sotheby’s Geneva auction on May 15, 2018, so exactly 1 year ago. At that time, it was sold for almost $1.1 million per carat.
A 1.41 carat, Fancy Vivid Green-Blue with I2 clarity is being offered. We have seen quite a few of these beauties show up in auction in the last few years. It is being valued between $150k to $250k or $106k to $177k per carat. The low value is due to the low clarity, but the color is magnificent (I have seen it just over a year ago).
A 1.40 carat, Fancy Vivid Pink with I2 clarity is also being offered. It is being valued at between $200k to $300k or $143k to $214k per carat. Here too, the value is based on the low clarity, but it is a good value purchase at this price valuation (I also saw this diamond just over a year ago).
The 0.59 carat, Fancy Red being offered is extremely unique. It is one of the most, if not, the most, important red diamonds in the world; not because of its size, or clarity, but because of the purity of the color. I have seen it last year. It is called the “Rob Red”. Just google it, and read on it, there is no need for me to go into any further details. It has a VS1 clarity. It is valued at between $300k to $500k, due to its provenance, we might be surprised at how high it can sell. This is definitely a collector’s item.
The recent show of lady Gaga with a huge yellow diamond, prompted demand for such beauties. A 118.05 carat, Fancy Yellow with a VS2 clarity is being offered. It is valued at between $2.5 million to $3.5 million or $21.2k to $29.6k per carat.
A 20.46 carat, Fancy Brown-Pink with a VVS2 clarity but can be potentially re-polished to Internally Flawless is being offered at between $1.7 million to $2.8 million or $83k to $137k per carat. This is a good range for the acquisition, but I would not pay more just because of the brown secondary color.
It is not very often that we see a pair of Fancy Deep Blue diamonds in a heart shape. In fact, I am not sure there is another pair available. A 2.22 carat with a VS2 clarity and a 2.00 carat with a VVS2 clarity have joined the holy matrimony and got set together in a ring. The ring is valued between $3.5 million to $4.5 million or $829k to $1.066 million per carat. What will push a person to pay such an amount? perhaps in this case only love.
Another large yellow diamond is being offered. The 71.80 carat, Fancy Yellow with VS1 clarity is being valued at between $1.6 million to $2.4 million or $22.2k to $33.4k per carat.
The items offered are quite unique, but I must say that we have seen much better auction items at Christie’s in previous year.
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