Christie’s London Sale Brings in Nearly $9M

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:

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