Latest News

Christie’s London Sale Brings in Nearly $9M

December 4, 2023  |  Leah Meirovich
Christie's Bulgari ruby and diamond ring

A ruby and diamond ring by Bulgari was the top seller at a recent Christie’s jewelry sale, fetching more than four times its high estimate.

The piece, which contains a cushion-shaped, 12.38-carat Burmese ruby center stone with circular- and baguette-cut diamonds along the band, sold for GBP 1.6 million ($2 million) at the Jewels Online: The London Edit auction. The piece had a presale price range of GBP 250,000 to GBP 350,000 ($316,841 to $443,578). In total, the event, which ran from November 14 to 28, raked in GBP 6.9 million ($8.8 million).

The auction also saw several top items beat their upper price tags. Christie’s offered jewels from top design houses, including Chopard, Graff, Cartier, Van Cleef & Arpels, and Harry Winston.

Here are the rest of the top five items:

This Boucheron ring features an octagonal step-cut, 12.39-carat Colombian emerald, with trilliant diamond brackets. Created in the 1980s, it garnered GBP 1.1 million ($1.4 million), more than three times its GBP 350,000 ($443,578) high estimate.
A marquise brilliant-cut, 10.13-carat, D-color, internally flawless, type IIa diamond ring by Chopard went for GBP 378,000 ($478,710), missing its GBP 400,000 ($506,554) lower presale price.
Christie’s sold this Chopard diamond earring, necklace and bracelet set for GBP 201,600 ($255,244), just above its GBP 200,000 ($253,218) low estimate.
This marquise brilliant-cut, 8.76-carat, H-color, VVS1-clarity diamond ring fetched GBP 189,000 ($239,250), exceeding its GBP 150,000 ($189,881) high estimate.

Main image: The Bulgari 12.38-carat ruby and diamond ring. (Christie’s)

Stay up to date by signing up for our diamond and jewelry industry news and analysis.


Christie's Bulgari ruby and diamond ring Christie’s London Sale Brings in Nearly $9M

Share with others