Harry Winston Diamond Ring Tops Sotheby's Auction

by Deidre Woollard (RSS feed)
Feb 4th 2011 at 4:01AM

harry winston diamond ring at sotheby's new york

The icy sparkler shown above was the top lot at Sotheby's Important Jewels auction in New York earlier this week. The auction brought in $8,897,278 tipping it toward the high range of the pre-sale estimate of $6.8 million to $9.4 million. The ring above, a 15.98-carat platinum and emerald-cut diamond (I color, VS1 clarity) ring from Harry Winston, sold for $662,500, beating its pre-sale estimate of $300,000-400,000. Other highlights included a 3.52-carat platinum and round diamond ring, which sold for $290,500 and a Harry Winston 5.7-carat platinum and emerald-cut diamond ring, which sold for $242,500.

"We are delighted with the success of today's sale, which demonstrated the continued strength of the market for jewelry," said Gary Schuler, Senior Vice President and Head of Sotheby's Jewelry department in New York. "We saw bidding from a truly international audience, with many clients embracing participation through our online BidNow program, adding an exciting new element to our salesroom."

[via Diamonds.net]

Tags: diamonds, harry winston, sothebys