YellowDiamond

Yellow Diamond Ring Top Seller at Sotheby's Magnificent Jewels Auction

Filed under: Auctions

As the catalogue's cover piece for Sotheby's Magnificent Jewels Auction held on December 9th in New York City, the Fancy Vivid Yellow Diamond was bound to be a successful lot. Expected to sell for between $2 million and $3 million, the 36.99 carat oval diamond flanked by two shield-shaped diamonds, each weighing over 3 carats a piece, sold for $2,658,500 and rang in as the highest bid of the auction. The internally flawless diamond ring is clearly stunning and of the 430 lots in the auction it certainly warrants prestige. Although not every item sold the entire auction did bring in $20,348,375.

Gallery: Fancy Vivid Yellow Diamond Ring

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Tags: magnificent jewels, magnificent jewels auction, MagnificentJewels, MagnificentJewelsAuction, NYC, sothebys, sothebys jewlery auction, SothebysJewleryAuction, yellow diamond, YellowDiamond

Tefaf Finishes with a Yellow Diamond Flourish

by Laura Malesich (RSS feed) —

Filed under: Jewelry, Events

Tefaf, the world's largest art and antiques fair, closed Saturday with a bang as a 70.12 carat yellow diamond was sold for about $11 million! The enormous emerald cut stone was sold by London jewelry dealers Graff to a European client. Of course there were stunning pieces of art and other jewelry to be found at the exclusive fair and even with financial markets in a downward turn Tefaf experienced a 3.3% increase in attendees compared to 2007. When one buys a diamond that large, do you actually wear it or just keep it in a glass box to show your dinner guests...personally I think it would seriously weigh down my hand, not to mention completely keep me from ever putting that hand in a pocket. Click through for more exciting sales and a thief's prize.

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Tags: diamond, jewelry, Tefaf, yellow diamond, YellowDiamond