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The ring, which was only expected to sell for $8,000, was the top lot at the Christie’s New York auction of The Private Collection of President and Mrs. Ronald Reagan.
The oval-cut stone went above its pre-sale estimate of $1.7 to $2.4 million at Bonhams London’s Fine Jewellery sale Tuesday.
The oval-shaped stone is estimated to sell for as much as $2.5 million at the auction house’s Sept. 22 Important Jewels sale.
This 3.81-carat oval-cut fancy intense blue diamond is expected to be the top lot at Bonhams’ Sept. 20 Fine Jewellery sale in London.
The oval-cut fancy intense blue diamond could sell for as much as $2.4 million at the auction house’s upcoming Fine Jewellery sale.
Xcel Brands Chairman and CEO Robert D’Loren and wife Jennifer are auctioning these Judith Ripka earrings and five other pieces for the FIT Foundation.
The online sale, which benefits the QVC Scholarship Fund, is going on now.
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.