RAPAPORT… Christie’s garnered $338,781 from an online charity auction of Anna Hu jewels that will help support the families of health-care workers who lost their lives fighting Covid-19.
The sale, which benefited Alrosa’s new social-responsibility initiative, Diamonds That Care, featured three pieces by the designer. The Russian miner contributed 500 white and fancy-colored, brown-toned polished diamonds to the collection.
A necklace set with a pear brilliant-cut, 27.02-carat, fancy-brown-yellow diamond of VVS1 clarity was the star of the auction, bringing in $291,773 at the July 3 to 13 sale. That piece was estimated at $257,800 to $386,700.
The auction house also achieved $27,556 for a pair of earrings containing a pear brilliant-cut, faint-brown M-color, VVS2-clarity diamond weighing 3.01 carats and a pear-shaped, 3.21-carat diamond. That compared with a presale valuation of $25,780 to $38,670. Meanwhile, a ring featuring a pear brilliant-cut, 1.59-carat, faint-brown K-color, VS1-clarity diamond went for $19,452, missing its low estimate of $25,780.
The buyers also acquired Hu’s original sketches outlining her inspiration behind the pieces.
Image: The creation of the Anna Hu necklace featuring a 27.02-carat, fancy-brown-yellow diamond. (Christie’s)
Anna Hu Jewels Sell at Christie’s Charity Auction
The Bottom Line
- The auction, held July 3-13, raised $338,781 for Alrosa’s Diamonds That Care initiative supporting families of healthcare workers who died from Covid-19.
- A 27.02-carat, fancy-brown-yellow diamond necklace by Anna Hu led the sale, fetching $291,773, within its estimated range of $257,800 to $386,700.
- Additional pieces included earrings and a ring with faint-brown diamonds, selling for $27,556 and $19,452 respectively, with the ring falling below its low estimate.
Summary by Rapaport AI
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