Magnificent Jewels achieves US$77.7 million

Nov 09, 2023

Bleu Royal a 17.61 cts 3 11zonChristie’s autumn Luxury Week totalled US$139,901,892 and was highlighted by the Bleu Royal which sold for US$44,009,645 becoming the most expensive jewel sold at auction in 2023. The bidding took 7 minutes, after which the diamond entered another private collection, for the first time after 40 years.

The Magnificent Jewels auction achieved a total of US$77,703,074 and welcomed bidders from 37 countries, selling 93% by lot and 98% by value. Further highlights of the sale included,

1: a rectangular modified brilliant-cut, fancy intense pink diamond of 8.77 carats selling for US$5,172,429,

2: a Burmese cushion-shaped ruby of 21.88 carats selling for US$2,611,280.

3: a heart brilliant-cut, F colour diamond of 55.75 carat selling for US$2,577,580 and

4: a heart brilliant-cut, D-colour diamond of 30.02 carats selling for CHF1,557,500!

Christie’s Watch Department held two live auctions on 6 November, Passion for Time, a highly important private collection of timepieces as well as the traditional Rare Watches sale which made a combined total of US$62,041,596 with 94% of lots sold across both sales.

Eight watches sold over CHF1 million and two watches over CHF5 million. Clients came from across the world with registrants from 51 countries, and 21% of all bidders were new to Christie’s. Passion for Time achieved US$42,418,914. The 113 lots of the collection of Mohammed Zaman were all sold.

Rare Watches achieved US$19,625,499 with 90% of lots sold.

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