Two Blue Diamonds Fetch over $8M Each at Christie’s

The Azure Blue 31.62-carat diamond ring at Christie's image

Christie’s sold two blue-diamond rings for more than $8 million each at its recent New York sale, including the Azure Blue.

The Azure Blue, a pear modified brilliant-cut, 31.62-carat, internally flawless, VVS1-clarity, type IIb diamond, brought in $8.4 million. It sold within its presale estimate at the June 9 Magnificent Jewels auction, Christie’s said Tuesday.

In total, the sale garnered $49.7 million, with all 143 lots finding buyers. Blue sapphires, as well as other colored gemstones, were prominent in the sale. Jewels from famous design houses such as Graff, Cartier and Bulgari also went on the auction block.

“From rare blue diamonds to extraordinary sapphires and rubies, the strength of demand across categories — particularly colored stones — underscores the global enthusiasm for jewels of beauty, rarity, and provenance,” said Claibourne Poindexter, head of jewelry for the Americas region at Christie’s.

Here are the rest of the top 10 pieces:

A ring bearing a marquise modified brilliant-cut, 5.04-carat, fancy-vivid-blue, VVS2, potentially internally flawless, type IIb diamond between two baguette-cut diamonds at Christie's image
Sale price: $8.1 million
Estimate $6.5 million to $8.5 million
A ring bearing a marquise modified brilliant-cut, 5.04-carat, fancy-vivid-blue, VVS2, potentially internally flawless, type IIb diamond between two baguette-cut diamonds.
A ring centering an octagonal step-cut, 41.29-carat sapphire between baguette-cut diamonds at Christie's image
Sale price: $2.3 million
Estimate $600,000 to $800,000
A ring centering an octagonal step-cut, 41.29-carat Ceylon sapphire between baguette-cut diamonds.
This ring stars a cushion mixed-cut Kashmir sapphire weighing 15.40 carats, embellished with round diamonds at Christie's image
Sale price: $2.2 million
Estimate $1.2 million to $1.8 million
This ring stars a cushion mixed-cut Kashmir sapphire weighing 15.40 carats, embellished with round diamonds.
A Graff ring with a cushion mixed-cut, 30-carat Ceylon sapphire between heart-shaped diamonds at Christie's image
Sale price: $1.8 million
Estimate $500,000 to $700,000
A Graff ring with a cushion mixed-cut, 30-carat Ceylon sapphire between heart-shaped diamonds.
A pair of David Morris earrings with cushion mixed-cut Burmese rubies weighing 1.07, 1.08, 4.10 and 4.26 carats. The jewels feature detachable pendants with modified pear brilliant-cut diamonds — one a 4.20-carat, E-color, VVS2 and the other a 4.23-carat, D, VVS1 stone — and two single-cut diamonds at Christie's image
Sale price: $1.4 million
Estimate $700,000 to $900,000
A pair of David Morris earrings with cushion mixed-cut Burmese rubies weighing 1.07, 1.08, 4.10 and 4.26 carats. The jewels feature detachable pendants with modified pear brilliant-cut diamonds — one a 4.20-carat, E-color, VVS2 and the other a 4.23-carat, D, VVS1 stone — and two single-cut diamonds.
This brooch from around 1900 centers an old mine brilliant-cut, 18.27-carat, D, SI1 diamond between two button-shaped natural saltwater pearls at Christie's image
Sale price: $1.2 million
Estimate $500,000 to $700,000
This brooch from around 1900 centers an old mine brilliant-cut, 18.27-carat, D, SI1 diamond between two button-shaped natural saltwater pearls.
A David Morris necklace comprises oval and cushion mixed-cut Burmese rubies weighing from 1.02 to 5.03 carats, alternating between cushion and round diamonds. The two large diamonds are a 2.23-carat, F, VS2 diamond and a 3.34-carat, F, VVS2 stone at Christie's image
Sale price: $889,000
Estimate $600,000 to $800,000
A David Morris necklace comprises oval and cushion mixed-cut Burmese rubies weighing from 1.02 to 5.03 carats, alternating between cushion and round diamonds. The two large diamonds are a 2.23-carat, F, VS2 diamond and a 3.34-carat, F, VVS2 stone.
A Tiffany & Co. Art Deco ring from 1925 centers a modified square step-cut, 6.01-carat Colombian emerald, with old-cut diamonds at Christie's image
Sale price: $762,000
Estimate $300,000 to $500,000
A Tiffany & Co. Art Deco ring from 1925 centers a modified square step-cut, 6.01-carat Colombian emerald, with old-cut diamonds.
This pair of Graff earrings bears six oval mixed-cut Burmese spinels weighing a total of 30.11 carats, decorated with pear and round diamonds at Christie's image
Sale price: $660,400
Estimate $300,000 to $500,000
This pair of Graff earrings bears six oval mixed-cut Burmese spinels weighing a total of 30.11 carats, decorated with pear and round diamonds.

Main image: The Azure Blue 31.62-carat diamond ring. (Christie’s)

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Two Blue Diamonds Fetch over $8M Each at Christie’s

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