Record-breaking Jewelry Auctions in Geneva

The rarefied world of fine jewels at auction is alive and thriving. Just ask anyone who attended, bid by phone, or followed online at Christie’s and Sotheby’s record-breaking jewelry auctions in Geneva this week. Here are some highlights:

Christie’s Sale of Magnificent Jewels, November 11, 2014

The Blue Belle of Asia
The 392.52-carat Ceylon sapphire established a new world auction record for any sapphire, selling for $17,295,796. The private collector, who was seated in the room, is now the new owner of the most valuable sapphire in the world.

Blue Belle of Asia
Blue Belle of Asia, Christie’s Auction, Photo Courtesy of 9news.com

Bulgari Ear Pendants

“A Bulgari Masterpiece”
A Pair of Fancy Vivid Blue and Fancy
Vivid Pink Diamond Ear Pendants

Marquise and pear-shaped diamond clusters suspend a detachable 6.95-carat pear-shaped Fancy Vivid Blue Type IIb diamond and a 6.79-carat pear-shaped Fancy Vivid Pink
Type IIa diamond. The mix-and-match pair realized $15,820,731.

The JAR “Parrot Tulip” Bangle Bracelet

One of seven jewels at the auction by the renowned Parisian jewelry designer Joel Arthur Rosenthal (JAR), the bracelet fetched an astounding $3,595,853 against a pre-sale estimate of $900,000. It established the second-highest price for a creation by JAR at auction.

JAR gold, diamond and green garnet bracelet
Supermodel Stephanie Seymour models JAR’s gold, diamond and green garnet bracelet in the November issue
of Town & Country. It fetched over $3.5 million at Christie’s sale on November 11, one of two
record-breaking jewelry auctions in Geneva this week.

Sotheby’s Sale of Magnificent Jewels and Noble Jewels, November 12, 2014

 

The Graff RubyThe “Graff Ruby”
From the collection of Dimitri Mavrommatis, The Graff Ruby was re-purchased by British jeweler Laurence Graff (he first bought it in 2006). The 8.62-carat “pigeon’s blood” Burmese ruby set a new record when it realized $8.6 million, as well as a new record price per carat for a ruby at $997,727.

 

A 27.54-carat Kashmir Sapphire
Sold to an Asian private buyer, the blue sapphire set a new world auction record price for any Kashmir sapphire.

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