Sotheby’s NY to auction Magnificent Jewels today

Dec 11, 2024

3From impressive colored diamonds and gemstones to a stunning selection of vintage jewels by renowned houses such as Cartier and Van Cleef & Arpels, this December’s auction of Magnificent Jewels features several important private collections.

Effective May 20th, 2024, Sotheby’s has lowered its Buyer’s Premium rates and removed Overhead Premium for all categories excluding Wine & Spirits. Sotheby’s Overhead Premium will only be charged for Wine & Spirits lots. Please refer to the Conditions of Business located on the relevant sale page for the updated rates.

Magnificent Jewels auction, where rare diamonds, exquisite gemstones, and iconic designs converge. Highlights include exceptional diamonds, including an Internally Flawless 7.00-carat Fancy Intense Purplish Pink diamond, and important colored stones, such as a superb unheated Burma ruby weighing over 10.00 carats.

An Elegant Fancy Intense Purplish Pink Diamond Ring is highlighted and is the point of  attraction at the live auction begins in with the estimated price 3,250,000 – 4,250,000 USD, & Bid: 2,200,000 USD for the featuring an emerald-cut Fancy Intense Purplish Pink diamond weighing 7.00 carats, size 6, signed Valentin Magro, illustrated unmounted.

Accompanied by GIA report no. 1192073560 dated January 5, 2024 stating that the diamond is Fancy Intense Purplish Pink, Natural color, Internally Flawless

In addition to stunning works by iconic houses including Cartier and Van Cleef & Arpels, the sale also features bold, contemporary designs from renowned artists such as Hemmerle and JAR, whose creations push the boundaries of traditional jewelry. Among the treasures are jewels from important private collections, including pieces once owned by style icon Millicent Rogers and beauty mogul Sydell Miller.

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