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Pink Diamond Scores $13M at Christie’s New York

June 13, 2024  |  Leah Meirovich
the eden rose ring image

A pink diamond ring was the top seller at the most recent jewelry auction at Christie’s in New York, surpassing its high estimate to achieve $13.3 million. 

Called the Eden Rose, the ring is set with a round brilliant, 10.20-carat, fancy-intense pink, internally flawless, type IIa center stone, Christie’s said Wednesday. The surround includes eight pear brilliant-cut diamonds ranging from 0.73 to 3.11 carats and two marquise brilliant-cut diamonds weighing 1.02 and 2.24 carats. The jewel carried a presale price range of $9 million to $12 million at the June 11 Magnificent Jewels sale

The jewel led a strong showing by colored diamonds, which comprised six of the top 10 pieces. Other popular items were those from well-known design houses including Bulgari, Cartier, Tiffany & Co., and Van Cleef & Arpels. Meanwhile, a 16-piece collection belonging to heiresses Sunny Crawford von Bulow and Ala von Auersperg Isham brought in $1.4 million. 

In total, the sale garnered $44.4 million, with 90% of lots finding buyers. The auction saw strong participation, with half of the bids coming from the Americas while a quarter came from Europe, and 26% from Asia Pacific and the Middle East combined. 

The Eden Rose “surpassed all expectations,” said Rahul Kadakia, international head of jewelry at Christie’s. “Collectors participated actively in all areas of the sale, paying strong prices for rare colored gemstones and natural pearls in particular.” 

Christie’s will close its spring jewelry season with the upcoming New York Jewels Online and Joaillerie Paris, both of which will take place this month. 

Here are the rest of the top 10 items: 

cushion cut diamond necklace, Christies image
This necklace features a cushion modified brilliant-cut, 84.05-carat, fancy-intense-yellow, internally flawless diamond pendant and white diamonds. It brought in $2.2 million, exceeding its $2 million high estimate.
heart shaped diamond ring, Christies image
A ring bearing a heart modified brilliant-cut, 2.28-carat, fancy-vivid-blue, VVS1-clarity diamond — which is potentially internally flawless — surrounded by yellow and white diamonds, realized $2.1 million, within its presale price range.
old cut diamonds, Christies image
A group of three diamonds, including an old-European brilliant-cut, 40.56-carat, fancy-intense yellow, and two old mine brilliant-cut, fancy-yellow diamonds weighing 40.38 and 26.63 carats, garnered $1.7 million, just above its lower estimate.
oval cut diamond earrings, Christies image
Christie’s sold this pair of pendant earrings featuring two oval-cut diamonds — a 23.20-carat, I-color, VS1-clarity and a 23.05-carat, J-color, VS1-clarity stone — for $1.4 million, within its price range.
pear brilliant cut diamond ring, Christies image
This modified pear brilliant-cut, 11.98-carat, D-color, VS1-clarity, type IIa diamond ring went for $1 million, smashing its $600,000 high estimate.
Emerald cut sapphire ring, Christies image
A ring with a rectangular emerald-cut, 18.31-carat Burmese sapphire and diamonds from the collection of Fritz and Lucy Jewett raked in $976,500, nearly four times its $250,000 upper price tag.
oval cut pink diamond ring, Christies image
An oval modified brilliant-cut, 9.55-carat, fancy orangey-pink, VVS1-clarity diamond ring earned $819,000, within its presale estimate.
Emerald cut yellow diamond, Christies ring
This emerald-cut, 6.09-carat, fancy-vivid-yellow, VVS1-clarity diamond ring with white diamond accents by designer Cauet more than doubled its $350,000 high estimate to bring in $793,800.
Rectangular cut Cartier diamond ring, Christies image
A round-cornered rectangular brilliant-cut, 12.60-carat, D-color, internally flawless, type IIa Cartier ring fetched $756,000, within its estimated range.

Main image: The Eden Rose. (Christie’s)

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