Category: Auction

Sotheby’s Gives Desert Rose $7M Price Tag in Abu Dhabi Auction

Largest fancy-vivid-orangy-pink diamond in the world will go on sale December 5.

Piece will carry $3 million estimate at December 9 auction.

Jewelry auction rakes in $12.5 million, with top item fetching nearly triple expected sum.

Pair more than triples high presale price to sell for $370,096.

Piece containing 16 antique cushion-shaped gemstones takes spotlight at Hong Kong Magnificent Jewels.

Ring with Angelina stone has $1.8 million high estimate at December 3 sale.

Piece will carry $90,000 estimate at December 9 sale.

Decision followed discussions with consignor, company says.

Ring carries a $5.5 million high estimate at December 8 auction.

Emerald pendant, ring and earrings fall short of reserve prices.

Lab-grown can serve as a gateway to broader diamond market, says Mehul Shah.