Sotheby’s will offer a 53.04-carat diamond at its upcoming New York jewelry auction, where it is expected to bring in up to $5 million.
The unmounted pear-shaped, D-color, internally flawless stone is one of the highlights of the June 7 Magnificent Jewels sale, the auction house said last week. Also going on the block is a Van Cleef & Arpels ring bearing an octagonal, 7.46-carat Colombian emerald framed by round diamonds. The piece, with a presale high estimate of $520,000, once belonged to Hollywood screen legend Ava Gardner.
The Van Cleef & Arpels emerald ring that belonged to Ava Gardner. (Sotheby’s)
Additionally, the sale will be one of the first to feature the company’s new pricing structure, which includes a 26% decrease on buyers’ fees. Sotheby’s surveyed “ten of thousands of clients” to see if it would affect their bidding, and more than 90% said they would bid higher, the auction house revealed.
Here are some of the other top items that will be on offer:
This necklace by designer David Morris comprises graduated oval-shaped diamonds, interspersed with pear- and marquise-shaped diamonds and seven cushion-cut Kashmir sapphires ranging from 2.40 to 11.37 carats. Sotheby’s predicts it will achieve between $3 million and $5 million.
A Graff ring bearing an oval-shaped, 21.54-carat, D-color, VVS2-clarity diamond center stone flanked by two pear-shaped diamonds carries an estimate of $1 million to $2 million.
Sotheby’s will sell this oval-shaped, 3.36-carat, fancy-intense-pinkish-purple, SI2-clarity diamond ring, called the Lavender Dream, for between $1 million and $1.5 million.
A Harry Winston ring with an emerald-cut, 16.90-carat, D-color, VVS1-clarity diamond that has the potential to be internally flawless is scheduled to go under the hammer for $800,000 to $1.2 million.
This Van Cleef & Arpels “tie” necklace, composed of graduated links set with variously cut diamonds, is on offer for $800,000 to $1.2 million.
A ring with a cushion-shaped, 14.51-carat sugarloaf cabochon Kashmir sapphire, accented with baguette diamonds, is expected to bring in $800,000 to $1.2 million.
A necklace by Graff featuring an emerald-cut, 16.06-carat, D-color, VVS1-clarity diamond, suspended from a pear-shaped diamond, is estimated at $700,000 to $1 million.
This ring by Marcus & Co., bearing a cushion-cut, 10.31-carat Kashmir sapphire and diamond embellishments is set to sell for $500,000 to $700,000.
A cut-cornered rectangular modified brilliant-cut, 2.82-carat, fancy-intense-blue-green, SI1-clarity diamond ring is expected to realize $500,000 to $700,000.
Main image: The 53.04-carat diamond. (Sotheby’s)
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