Tag Archives: diamond auction

Blue Diamond Rocks The Auction Block

Huge diamond alert! Christie’s held their “Jewels: The New York Sale” yesterday, and the famous Bvlgari Blue Diamond wasn’t just their top seller at a whopping $15.7 million – it broke the price-per- carat barrier to boot!

What a little over-achievor…

“A world record price was achieved on Oct. 20 for The Bulgari Blue, a much-celebrated stone that came up for sale at Christie’s for the first time in almost 40 years,” said Rahul Kadakia, head of jewelry for Christie’s Americas in a release.

The jewel was purchased in Rome in 1972 for $1 million and was given as a gift from the collector to his wife to celebrate their first son’s birth, according to Christie’s. How could I have left $15 million diamonds off my Jewelry Gift Guide for New Moms? The horror.

Do ridiculous diamonds give you ‘the giddys’ too? Scratch the itch with me by gawking at yet another blue beauty – this one fetched more money than any stone at auction. Ever!

Hyperventilating. It’s the world’s worst cologne.

Name Your Own Pink Diamond

Pink diamonds always give us jewelry hounds the shivers (in a good way), and when one this big goes on the auction block? We’re talking ‘commotion’.

According to Luxist, a rare 10.11 carat orangy-pink diamond is causing a stir up in Canada and with good reason: it’s the most expensive diamond ever auctioned in the great land of the maple leaf. The pink gem  is estimated to bring in $2.5 million US and comes from the world-renowned Argyle mine in Australia (the producer of most of the world’s pink diamonds).

NamePinkDiamonds_small_Blog_2010-09-27

And the best part in my book? Whoever grabs the gem on October 3rd will get the honor of “naming” the stone for the record books.  What would you name it if it came into your grubby little hands, jewelry hounds?

I’m thinking: “The Pink Parker”… “The Parker Pink”…”Laura Parker’s Pink Perfection” “Can’t Touch This Perfect Pink Parker Purchase”….Ok. Quitting while I’m ahead…(too late?)

Can’t get enough pink? Neither can Jennifer Garner. Check out Jewelry.com’s fashion recap of her perfect Pink Party this weekend!

The Jewelry Insider

April 7, 2010

I’ve got the blues today. In a good way.

Sotheby’s Hong Kong unloaded one whopper of a flawless blue diamond today for a mere 6.4 million USD. The rare, 5.16-carat rock was snatched up by London’s famed Moussaieff Jewellers, who paid more than the 5.9-million dollar estimated price tag for the gem.

The pear-shaped stone is the first of 11 blue diamonds from the celebrated De Beers Millienium Jewels Collection to appear at auction.

“The price was above the high estimate,” a spokeswoman for auction house Sotheby’s told AFP.

But the world per-carat record for a blue diamond remains the 10.5 million dollars paid by a Hong Kong property tycoon for a seven-carat blue diamond in Geneva in May last year.

What are they putting in the water in Hong Kong? And can I fill a pool with it?

Sotheby’s said gem sales in Hong Kong were on the rise — the city has overtaken New York to become the company’s second biggest market after Geneva.

Terry Chu, deputy head of Sotheby’s jewelery department for China and Southeast Asia, said diamonds were particularly appealing to new Asian buyers because of their stable prices and assured quality.

“There have been a lot of new diamond buyers from mainland China, Hong Kong, Singapore, Taiwan and elsewhere in the region,” Chu told AFP.

You had me at “Lei Hao”

The Jewelry Insider

December 11, 2009


I’ve got one doozy of a ‘lower jaw drop’ alert, jewelry lovers. Christie’s reports that the storied ‘Evening Star’ diamond recently sold for a whopping $5.4 million, the latest in a line of remarkable diamonds to dazzle at auction.

According to a press release, the 39-carat, D color diamond from India’s famed Golconda mines was snatched up by an anonymous buyer, paying $138,000 per carat for the diamond dubbed the “Evening Star” because its previous owner liked to wear it out at night.

How charming for them.

The icy rock was part of Christie’s “Magnificent Jewels from a Distinguished Private Collector” sale, held Thursday in New York.

The sale of the “Evening Star” comes on the heels of the record-setting $10.8 million sale of “The Vivid Pink” diamond Dec. 1 in Hong Kong and the $7.7 million sale of the 32.01-carat D-flawless Annenberg Diamond in October.

“The diamond market continues to show remarkable strength despite the volatility of the financial world,” Rahul Kadakia, head of jewelry at Christie’s New York, said in the release.

Indeed.

My question is: who wears these things in the light of day? Don’t you have to have a body guard brigade following your every move? Or is it something these folks will just keep in a showcase for or a vault somewhere for their own personal enjoyment (which would be a crying shame)?

What would you guys do with a rock that size? Weigh in!