DavidWebb

Sotheby's to Auction 29.53 Carat Flawless Diamond

Filed under: Jewelry

sothebys diamond

On October 19th, Sotheby's will auction off a dazzling array of jewels, from a 29.53 carat flawless pear-shaped diamond ring to exquisite pieces designed by Van Cleef & Arpels, Bulgari, David Webb and Tiffany & Co. The sale, which will take place at Sotheby's New York headquarters, will feature jewels from private American collections, as well as a selection of high quality white diamonds and signed and period pieces.

The 29.53 carat pear-shaped diamond is the centerpiece of the auction. The D color, internally flawless stone has been recently determined to be both potentially flawless and type IIa by the Gemological Institute of America. The ring has an estimate of $1.8 million to $2.2 million or $61,000 per carat.

Another stunning piece is a fancy vivid yellow diamond ring by Tiffany & Co., which is set with a potentially flawless emerald-cut stone of 9.55 carats in a diamond crossover mounting. Its estimate is $250,000 to $350,000.

Also featured at the sale will be an 18 Karat gold, diamond and amethyst "Botticelli" necklace by Van Cleef & Arpels. Designed with a foliate motif, it has an estimate of $50,000 to $70,000.

A diamond butterfly brooch by Bulgari, which is set with over 24 carats of diamonds, has an estimate of $50,000 to $70,000, while a David Webb-designed abstract star-shaped Abalone Pearl, Cultured Pearl, Diamond and Emerald Brooch has an estimate of $20,000 to $30,000.

The jewels will be on exhibition at Sotheby's New York showroom beginning on October 14th, 2009. An online catalogue is available to preview at Sotheby's website.

Gallery: Sotheby's Jewelry Auction

Spectacular pear-shaped 29.53 carat diamond

Fancy Vivid Yellow Diamond Ring by Tiffany & Co.

David Webb Pink Enamel, Colored Stone and Diamond Elephant

Van Cleef & Arpels Diamond and Amethyst Botticelli Neclace

Tags: accessories-award, bulgari, david webb, DavidWebb, diamonds, entertainment-awards, jewelry, sothebys, van cleef arpels, VanCleefArpels

David Webb Files Chapter 11

by Deidre Woollard (RSS feed) —

Filed under: Jewelry

Another iconic jewelry company has filed Chapter 11. It has been announced that David Webb filed Chapter 11 yesterday reporting assets of $10.3 million and liabilities of $6.9 million. Diamonds,net had a look at the documents which show that while gross sales for the fiscal year ending June 30, 2008, were $13.2 million, total sales for the coming fiscal year ending June 30, 2009 were not expected to top $5 million. The company estimated operating expenses for the next 30 days at $377,927 with expected sales of approximately $400,000. The "Silberstein Family Partnership" is listed as sole owner of the company. The company has been in business over sixty years and has provided jewelry for some of the most legendary jewel connoisseurs in the world including Elizabeth Taylor, The Duchess of Windsor and Princess Grace. David Webb pieces which often feature animals and naturalistic themes remain some of the most collectible pieces in the jewelry world.

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Tags: bankruptcy, chapter 11, Chapter11, david webb, DavidWebb, jewelry