Phillips sold a pink-diamond ring for CHF 11.9 million ($13.2 million) at its inaugural Geneva jewelry auction, making it the highlight of the 110-lot event.
The cut-cornered rectangular modified brilliant-cut, 20.19-carat, fancy-intense-pink, VVS1-clarity stone was the fourth-largest of its color ever to appear at auction. The price it achieved at the Geneva Jewels Auction: ONE — which took place Monday — fell within its presale estimate range of CHF 10 million to CHF 15 million ($11.1 million to $16.7 million).
In July, Phillips announced that it would begin holding annual jewelry auctions in the Swiss city, as global sales for the category had been strong.
Here are the other pieces that made the top five at the auction:
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Main image: The 20.19-carat pink diamond ring. (Phillips)
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