Christie’s New York Magnificent Jewels Auction In December Sells Blue Diamonds
The auction house sold a total of $67,519,625. The auction house offered 450 items for sale, and ended up selling three blue diamonds.
The 1.58 carat, Fancy Blue, round diamond with a VS2 clarity was estimated to be sold between $200k and $300k but ended selling for $975,000 or $617k per carat. Even tough it is a round diamond, this price per carat is quite steep. I wonder if the buyer thinks it can be upgraded into a Fancy Intense Blue…
Image Credit: Christie’s
The 3.07 carat, Fancy Vivid Blue diamond with a VVS1 clarity, was offered between $3 million to $4 million. it ended up selling for $3,375,000 or $1.1 million per carat. This is a very low price for such a diamond, but the color must have been weak and closer to an Intense Blue. This was the top selling lot for Fancy Color Diamonds that day.
Image Credit: Christie’s
The 1.07 carat, Fancy Intense Blue diamond with a VVS2 clarity was valued between $200k to $400k and ended up selling for $471,000 or $440k per carat. a good value acquisition.
Image Credit: Christie’s
What will Christie’s bring us in 2020?
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