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Gorgeous pear-shaped diamond ring estimated to fetch $2,400,000 at Sotheby’s Important Jewels auction
When it comes to auction’s houses with the most priceless jewels, Sotheby’s is definitely a frontrunner. The auction house’s autumn sale slated for October 19 will only re-instill this belief. The auction titled Important Jewels will boast of some of the most precious and exquisite jewels and is estimated in excess of $9 million. The various jewels featured in this sale are from private American collections as well as a selection of high quality white diamonds and signed and period pieces. The centerpiece or the show stopper of this sale is the gorgeous pear-shaped diamond ring. Weighing 29.53 carats, this precious D color stone has been determined by the Gemological Institute of America to be both potentially flawless and type lla. This exquisite ring is estimated to fetch between $1,800,000 and $2,400,000 i.e. around $61,000 per carat. The ring which is on offer from the Property of a New York Estate collection is sure to fetch its estimated sum. Dazzling and shining, this ring will certainly bedazzle bidders.
Besides this ring, the other jewels on auction at this sale are a beautiful diamond studded butterfly brooch-Bulgari (est. $50,000-$70,000), platinum and diamond Barrette (est. $20,000-$30,000). There is also a cute pink diamond elephant brooch (est. $15,000-$20,000). The sale will also feature many high quality white diamonds weighing less than 10 carats. Colorful jewels at the sale include a Tiffany and Co.’s Fancy Vivid Yellow Diamond ring (est. $250,000-$350,000) as well as an 18 ct gold, diamond and Amethyst “Botticelli” necklace by Van Cleef & Arpels (est. $50,000-$70,000).
All the precious jewels on sale will be on exhibition from October 14 at Sotheby’s New York galleries.
by namrata, posted September 30, 2009 - 5:22 AM in Auctions | Comments ()
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