Bonhams October 17 New York Auction Results

Bonhams October 17 New York auction top lot.

Bonhams October 17 New York auction top lot.

Bonhams held a $6.3 million total fine jewelry auction yesterday in New York and here are some of the highlights:

Highest price item of the day was a sapphire ring, which sold for $461,000. It features a 5.85-carat oval Kashmir sapphire set in 18k gold and flanked by 1.00ctw diamonds.

Bonhams October 17 New York auction top lot.

Bonhams October 17 New York auction top lot.

The catalog cover star, a 8.06-carat light-pink, pear-shaped diamond pictured below sold for $389,000.

8.06-carat light pink diamond.

8.06-carat light pink diamond.

The auction was notable for having 21 pieces of Jean Schlumberger for Tiffany & Co. items up for grabs, my favorite of which was this ring featuring a 12.70-carat sapphire that sold for $93,750. All the pieces of this popular designer sold.

Jean Schlumberger for Tiffany & Co. Ring

Jean Schlumberger for Tiffany & Co. Ring

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Fall 2013 Auction Schedule

118.28 carat diamond sold by Sotheby's in Hong Kong (Reuters).

118.28 carat diamond sold by Sotheby’s in Hong Kong (Reuters).

The Fall 2013 major jewelry auction season opened yesterday with the Magnificent Jewels and Jadeite sale by Sotheby’s in Hong Kong. The main highlight of the $95 million total sale was the white 118.28-carat internally flawless D-color diamond that set a world auction record for price of a white diamond at $30.06 million. It was the largest white diamond ever offered at auction. What was expected to be another auction highlight did not turn out so well, as the 7.59-carat vivid-blue round diamond known as the ‘Premier Blue’ failed to sell. Other top lots included a double strand of jade beads that sold for $5.5 million and a ruby ring by Cindy Chao that sold for $3.8 million.

'Premier Blue' diamond.

‘Premier Blue’ diamond.

Jade double-strand necklace.

Jade double-strand necklace.

Cindy Chao Ruby Ring

Cindy Chao Ruby Ring

Following up this sale is a Magnificent Jewels auction in Geneva on November 13, where a pink diamond is expected to set a new record. The ‘Pink Star’ is a 59.60-carat internally flawless, vivid-pink diamond (the highest color-rating for pink) that is already being called the world’s most valuable gemstone. Keeping in mind that the current auction record for any stone is held by the Graff Pink, which is less than half the size at 24.78 carats and was sold in 2010 for $46.2 million by Sotheby’s in Geneva, it is very likely that a new record will be set with this truly one-of-a-kind gem. See a video about the stone here. Another interesting piece hitting the block is the famous ‘Walska Briolette Diamond’ brooch by Van Cleef & Arpels, which features a vivid-yellow 96.62-carat briolette diamond that once belonged to opera singer Ganna Walska. The brooch can be disassembled, with the diamond becoming a pendant, the wings separating as earrings and the tail as another brooch. It is expected to fetch around $8 million.

Also on the calendar is another Magnificent Jewels sale in New York on December 11.

The 59.60-carat Pink Star Diamond Ring (REUTERS/Ruben Sprich)

The 59.60-carat Pink Star Diamond Ring (REUTERS/Ruben Sprich)

Van Cleef & Arpels Walska Briolette Diamond Brooch.

Van Cleef & Arpels Walska Briolette Diamond Brooch.

Meanwhile at Christie’s there are a number of interesting pieces going up for auction this fall. In New York on October 15 will be the Magnificent Jewels auction, which will have a number of very high value colored diamonds, a Van Cleef & Arpels brooch of the Argentine flag that once belonged to Eva Perón, and pieces from the collections of Newport grand dame Mrs. Noreen Stonor Drexel and San Francisco society queen Diana Dollar Knowles.

While never officially confirmed, the nearly 20-ctw Lorraine Schwartz diamond ring being offered as Lot 194 is heavily rumored to be Kim Kardashian’s engagement ring from short-term husband Kris Humphries. The uncanny resemblance and matching description of the ring certainly makes it a compelling case. Kardashian is no Elizabeth Taylor, but the celebrity caché will likely lift the selling price over the $300,000-$500,000 estimate.

Following New York are sales in Geneva (November 12) and Hong Kong (November 26).

Van Cleef & Arpels Brooch once the property of  Eva Perón (Lot 392).

Van Cleef & Arpels Brooch once the property of Eva Perón (Lot 392).

David Webb Earrings from the Estate of Mrs. Noreen Stonor Drexel (Lot 363).

David Webb Earrings from the Estate of Mrs. Noreen Stonor Drexel (Lot 363).

David Webb Bangle from the Estate of Mrs. Noreen Stonor Drexel (Lot 373)

David Webb Bangle from the Estate of Mrs. Noreen Stonor Drexel (Lot 373)

David Webb Brooch from the Estate of Mrs. Noreen Stonor Drexel (Lot 358).

David Webb Brooch from the Estate of Mrs. Noreen Stonor Drexel (Lot 358).

Ruby and diamond necklace from the Estate of Diana Dollar Knowles (Lot 44).

Ruby and diamond necklace from the Estate of Diana Dollar Knowles (Lot 44).

Boucheron necklace from the Estate of Diana Dollar Knowles (Lot 32).

Boucheron necklace from the Estate of Diana Dollar Knowles (Lot 32).

Lorraine Schwartz diamond ring (Lot 194).

Lorraine Schwartz diamond ring (Lot 194).

Kim Kardashian wearing her Lorraine Schwartz engagement ring.

Kim Kardashian wearing her Lorraine Schwartz engagement ring.

Bonhams joins in on October 17 in New York with a fine jewelry sale featuring a light pink 8.06 carat pear-shaped diamond, a large selection of Jean Schlumberger pieces (most made for Tiffany & Co.), and items from the estate of Margaret Nielsen Stiegele, daughter of the creator of the Nielsen television rating system. Highlights from the Stiegele collection are a William Goldberg diamond bracelet, a circa 1935 emerald and diamond bracelet by Cartier, and an emerald and diamond brooch by Van Cleef & Arpels. During the preview for this sale, pieces from the collection of Barbara Taylor Bradford going up for auction December 5 in London will be available for viewing (see a video here on that sale).

Also on the calendar for Bonhams are sales in Hong Kong (November 23) Sydney (November 26) London (December 5) and again in New York (December 9).

Pink 8.06 carat diamond at Bonhams October 17 New York Auction (Lot 283).

Pink 8.06 carat diamond at Bonhams October 17 New York Auction (Lot 283).

Jean Schlumberger for Tiffany & Co. Ring (Lot 95)

Jean Schlumberger for Tiffany & Co. Ring (Lot 95)

Jean Schlumberger for Tiffany & Co. Bracelet (Lot 112)

Jean Schlumberger for Tiffany & Co. Bracelet (Lot 112)

Jean Schlumberger for Tiffany & Co. Brooch (Lot 96)

Jean Schlumberger for Tiffany & Co. Brooch (Lot 96)

Star Sapphire Bracelet circa 1935-1940 from the Estate of Margaret Nielsen Stiegele.

New Record Set for Blue Diamond at Bonhams

Bulgari Trombino Ring

Bonhams held a fine jewelry auction in London on April 24th and offered a 5.30 carat blue diamond ring by Bulgari, which sold for £6.2 million (US$9.5 million) to Laurence Graff of Graff Diamonds. The ‘Trombino’ ring, which was made in 1965, sets a new world auction record for price per carat of a blue diamond at US$1.8 million. Watch an interesting video by Bonhams about this piece and blue diamonds in general here and watch a video of the actual sale on the auction floor here.

Bonhams April 24 Bulgari Blue Diamond Ring Profile

Bonhams April 15 New York Auction

Bonhams April 15 Bulgari Yellow Diamond Ring

Bonhams kicked off spring auction week in New York with two sales on April 15. The first auction was a private collection that brought in US$2.6 million. The unidentified owner of the collection obviously enjoyed color and bold design, with a number of pieces coming from the world’s finest jewelers. My top three personal picks would have to be the 21.07 carat yellow diamond Bulgari ring (most expensive lot selling for $590,500, seen above), the 38.21 carat emerald Harry Winston bracelet (sold for $50,000) and the diamond encrusted Cartier ‘Maillon Panthère’ bracelet (sold for $86,500). Watch a video of the collection’s highlights here.

Bonhams April 15 Emerald Harry Winston Bracelet

Bonhams April 15 Cartier Maillon Panthere Diamond Bracelet

The second was the general Fine Jewelry auction that brought in a total of US$2.8 million. The top lots were two yellow diamond rings and one white diamond solitaire  Some interesting pieces up for grabs were a 1929 Mauboussin jade brooch (sold for $122,500), and a couple pieces by Albert Lipten that caught my eye for their striking design.

Bonhams April 15 Mauboussin Jade Brooch

18k gold, onyx, mother of pearl and diamond necklace by Albert Lipten (sold for $17,500).

18k gold, mother of pearl and diamond ‘Moonscape’ necklace from Albert Lipten (sold for $13,750).