Diamonds Smash Estimates at Bonhams New York

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Bonhams lead pear diamond ring

Bonhams brought in $6.2 million at its most recent jewelry auction as a bevy of pieces fetched prices far above expectations.

The top seller at the December 5 New York Jewels auction was a pear-shaped, 13.70-carat, D-color, VVS2-clarity diamond, which sold for $718,575, within its presale estimate of $600,000 to $800,000. Five other diamond pieces completed the top six, all faring better than Bonhams had predicted. Some 77% of lots found buyers, or 95% by value, Bonhams said Tuesday.

“Large white diamonds and fine colored stones alongside signed period jewelry continue to be what our global buyers are searching for,” said Caroline Morrissey, jewelry director at Bonhams New York.

Here are the rest of the top six items from the auction:

This ring bearing a cut-cornered rectangular step-cut, 1.26-carat, fancy-intense-purplish-pink diamond — accented by tapered baguette and round brilliant-cut diamonds totaling 1.30 carats — sold for $554,775. It carried a presale high estimate of $200,000.
A ring featuring a round brilliant-cut, 10.41-carat, H-color, VS2-clarity center diamond — flanked by single-cut diamonds — brought in $378,375 against a high presale price of $250,000.
This diamond necklace comprises a graduated series of pear-shaped diamonds suspended by baguette and square-cut diamonds, with a total weight of 80 to 90 carats. The piece, from the property of Anita Loehmann — one of the family members behind the Loehmann’s retail chain — went for $302,775, far surpassing its $90,000 upper estimate.
A ring with an Ashoka-cut, 9.07-carat, G-color, VS2-clarity diamond, bracketed by whistle-shaped step-cut diamonds, sold for $252,375. It had a presale price range of $150,000 to $250,000.
A pear-shaped, 8.61-carat, H-color, VVS1-clarity diamond ring rounded out the top six. The jewel, which has tapered baguette-cut diamond accents, brought in $227,175, beating out its $150,000 upper estimate.

Main image: The 13.70-carat diamond. (Bonhams)

Diamonds Smash Estimates at Bonhams New York

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