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6.89 Carats Fancy Vivid Purple Diamond to Auction at Christie’s NY

6.89 Carats Fancy Vivid Purple Diamond to Auction at Christie’s NY

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6.89 Carats Fancy Vivid Purple Diamond to Auction at Christie's NYExpected to realize in excess of $6 million...

Christie’s will place a superb 6.89 carat fancy vivid purple-pink diamond up for auction at its upcoming New York Jewels sale next week. The natural color diamond, which is mounted as a ring with a pavé-set pink diamond surround, is expected to realize in excess of $6 million, Christie's said.

The sale also features an exceptional selection of D-color diamonds, rare gemstones, and large colored diamonds of exceptional quality. These include a 22.79 carat, D color, cushion-cut diamond ring and a 10.91 carat pear-shaped fancy intense pinkish orange natural color diamond ring flanked by half-moon white diamonds both diamonds carry presale estimates of $2 million to $3 million.

A 10.71 carat, D color, flawless pear-shaped diamond ring with two pear-shaped diamonds could fetch more than $1.2 million while a pair of 7.06 and 7.02 carat, G color circular-cut diamond studs mounted in 18 karat white gold carried a presale estimate of $600,000 to $800,000. A 7.03 carat fancy purple-pink diamond ring by Taffin with a circular-cut diamond surround holds a presale estimate of $500,000 to $700,000.

Christie's has experienced strong prices for exceedingly rare blue and pink colored diamonds recently. The Perfect Pink diamond, just this past week sold at Christie's Hong Kong for $23.3 million, or $1.63 million per carat, making it the most expensive jewel ever sold in Asia, while the Bulgari Blue diamond set a new world auction record per-carat price for a blue diamond when it was sold in New York for $15.7 million, or $1.4 million per carat.

The December sale will also feature a collection of wrist watches, objets d'art and signed jewels designed by Bulgari, Cartier, Chanel, Ruser, Tiffany & Co., Van Cleef and Arpels, Verdura and David Webb, among others.

By: Christie’s
Date: 12/01/2010

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