Sotheby’s Rakes in $7.7M at Milan Auction

The 9.09-carat diamond ring that led the sale at Sotheby's image

A diamond ring led the recent Sotheby’s sale in Milan, Italy, where it more than doubled its high estimate to garner EUR 307,200 ($341,910).

The piece, featuring a brilliant-cut, 9.09-carat diamond, beat its EUR 150,000 ($166,948) upper price at the October 28 Fine Jewelry and Watches sale, according to the auction house’s website.

Sotheby’s achieved EUR 6.9 million ($7.7 million), selling more than 280 lots. Pieces from well-known maisons such as Bulgari, Cartier and Buccellati also found buyers, with a number of jewels making several times their high estimates.

Here are the rest of the top five jewels:

A ring centering a cushion-shaped, 6.40-carat Kashmir sapphire in a diamond surround at Sotheby's image
Sale price: EUR 281,600 ($313,432)
Estimate: EUR 60,000 to EUR 100,000 ($66,782 to $111,312)
A ring centering a cushion-shaped, 6.40-carat Kashmir sapphire in a diamond surround.
This Cartier necklace sports an emerald cabochon at the center, with graduated marching elephants, each containing a circular-cut emerald eye at Sotheby's image
Sale price: EUR 256,000 ($284,958)
Estimate: EUR 40,000 to EUR 60,000 ($44,525 to $66,782)
This Cartier necklace sports an emerald cabochon at the center, with graduated marching elephants, each containing a circular-cut emerald eye.
A sapphire and diamond necklace from 1965 is designed as intertwined ribbons and features around 35 carats of oval, violetish-blue sapphires and approximately 55 carats of brilliant-cut diamonds at Sotheby's image
Sale price: EUR 217,600 ($242,248)
Estimate: EUR 200,000 to EUR 300,000 ($222,645 to $333,990)
A sapphire and diamond necklace from 1965 is designed as intertwined ribbons and features around 35 carats of oval, violetish-blue sapphires and approximately 55 carats of brilliant-cut diamonds.
A pair of earrings, claw-set with brilliant-cut diamonds of 5.51 and 5.78 carats at Sotheby's image
Sale price: EUR 217,600 ($242,248)
Estimate: EUR 95,000 to EUR 140,000 ($105,764 to $155,852)
A pair of earrings, claw-set with brilliant-cut diamonds of 5.51 and 5.78 carats.

Main image: The 9.09-carat diamond ring that led the sale. (Sotheby’s)

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Sotheby’s Rakes in $7.7M at Milan Auction

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