Christie’s Magnificent Jewels achieves US$72.3mn

May 20, 2025

Christies Magnificent JewelsGeneva Christie’s Geneva continued its Luxury Week with Magnificent Jewels Including a Bouquet of Gems: A Superb Collection of Jewels by JAR on Wednesday, 14 May 2025. The auction realised CHF60,493,260 or US $72,363,223, selling 100% by lot and with an impressive 77% of lots selling above their high estimate.

The sale offered a total of 115 lots and captivated bidders for a thrilling four hours thanks to the extraordinary level of interest from bidders. Global bidding and buying for the auction came from 45 countries, with 46% of registrants from EMEA, 26% from the US and 20% from Asia.

The top lot of the live auction, a Fancy Deep Blue diamond, was purchased by Moussaieff Jewellers. The emerald­ cut gem of 6.24 carats, mounted by Boucheron, set an auction record price per carat for a deep blue jewel. This extraordinary gem saw competitive bidding for over five minutes, finally selling for CHF10,640,000 US $12,727,777, ($2,039,707 per carat).

Exceptionally strong demand was seen for coloured diamonds and precious stones, particularly for the vibrant and rare varieties. Among the highlights was a Burmese, cushion shaped, ruby of 10.18 carats which captivated collectors and gem enthusiasts with its deep hues, exquisite and rare cut, achieving CHF 3,493,500 US $4,178,993 (price per carat: $411,000).

The fancy, vivid blue oval-shaped diamond ring of 3.68 carats set by Graff, sold for CHF4,885,000 U$5,843,533 (price per carat: $1,587,916) and was purchased by Lawrence Graff. Natural pearls doubled their pre-sale estimates, highlighted by a pair of drop-shaped natural pearls selling for CHF 831,600 I $994,776.

Magnificent Jewels also featured A Bouquet of Gems: A Superb Collection of Jewels by JAR. This private collection of 21 creations designed by JAR realised CHF 5,943,830 or U$7,132,596, and was led by the exceptional, Apricot Blossom – bangle, selling for CHF2,374,258 or U$2,840,124, nearly ten times its pre-sale estimate.

The sale closed with an extraordinary diamond necklace by JAR, selling for nearly five times the pre-sale estimate, CHF2,162,500 or US$2,840,124. Throughout the auction the atmosphere at Hotel des Bergues in Geneva was exhilarating, with great energy filling the room, on the phones and resonating online.

Rahul Kadakia, International Global Head of Jewels comments: “Today’s sale marked a truly extraordinary and memorable moment in auction history. The exceptional14R collection, along with a remarkable array of exquisite gems, achieved top prices in a packed sale room at the Four Seasons Hotel in Geneva. The atmosphere was uplifting as both Christie, and clients enjoyed the moment. We look forward to the rest of the season”

Moussaieff is delighted to have purchased the most exceptional blue diamond which has come to the market in recent times. The stone deserved to make a world record price, and it now ranks amongst the finest diamonds in the Moussaieff private collection. Alisa Moussaieff added: “We believe that the value of this gem will endure given its rarity and beauty. To purchase such an exquisite gem is something we are very proud of.”

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