Auctions

8-Carat “Sky Blue” Diamond Garners $17M

AuctionsNov 17, 2016

8-Carat “Sky Blue” Diamond Garners $17M

The fancy vivid blue diamond was expected to be the top lot of Sotheby’s Nov. 16 sale in Geneva but was topped by a step-cut 17.07-carat fancy intense pink.


New York--An 8.01-carat fancy vivid blue diamond, dubbed “The Sky Blue Diamond” to emphasize its rare hue, sold for $17.1 million, or $2.1 million per carat, Wednesday.

The stone, which is set in a Cartier ring, was supposed to lead the Sotheby’s Magnificent Jewels and Noble Jewels sale in Geneva, but it sold toward the low end of its estimated range of $15-$25 million.

The sale’s top lot ended up being a step-cut fancy intense pink diamond weighing 17.07 carats. Set between triangular diamonds weighing 3.07 and 3.13 carats, the pink garnered $20.8 million at Sotheby’s.

A few other pink diamonds fell within the top lots: a pear-shaped fancy intense pink diamond weighing 13.20 carats went for $16.2 million, a 40.30-carat pear-shaped fancy light pink diamond garnered $7.5 million and a step-cut fancy intense pink diamond weighing 8.73 carats sold for $4.3 million.

Also in the top lots were an oval fancy deep blue diamond weighing 7.74 carats set between shield-shape diamond shoulders that went for $13.7 million, and a cushion-shaped 8.37-carat ruby and diamond Cartier ring that garnered $4.3 million.

The Magnificent Jewels and Noble Jewels sale totaled $136.5 million in Geneva.


This 9.14-carat, fancy vivid pink diamond sold for $18.3 million to an unidentified Asian buyer at the Christie’s Magnificent Jewels sale in Geneva earlier this week.

Meanwhile, Christie’s Geneva sold a 9.14-carat, fancy vivid pink, VS2-clarity pear-shape diamond for $18.1 million, or $2 million per carat, at its Magnificent Jewels auction on Tuesday.

The auction house also set a new world record at the sale for a pair of earrings when it sold two pear-shape, D-color, flawless diamonds weighing 52.55 carats and 50.47 carats from Paris haute joaillerie house Boehmer et Bassenge for $17.6 million.

A couple of necklaces also were notable in the sale.

A diamond fringe necklace from Harry Winston weighing a total of 128.24 carats sold for $8.3 million was bought back by Harry Winston, and a Boehmer et Bassenge necklace featuring two pear-shape diamonds weighing 31.38 and 12.11 carats and an 8.07-carat brilliant-cut diamond that were surrounded by pink diamonds and set in a double line of vari-cut diamond flowerhead clusters sold for $8.1 million.

Christie’s Magnificent Jewels sale garnered revenues of $97.1 million.
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

EditorsSep 30, 2022
The Best of Betty White’s Jewelry Sold at Auction

Michelle Graff recaps the cats, fortune cookies, and charm bracelets that caught her eye while covering the late actress’ estate sale.

Policies & IssuesSep 30, 2022
Voting Is Open for the Fairmined 100 Challenge’s Best Collection

The winners, picked by a group of judges and voted as the public’s favorite, will be announced in a webinar on Oct. 11.

CollectionsSep 30, 2022
Piece of the Week: Fewer Finer’s ‘Family Bracelet’

The engravable piece is a perfect family heirloom.

Brought to you by
6 Steps to Start a Dynamic Company Culture

Learn how to better serve your employees, customers and community by having a dynamic and supportive company culture.

GradingSep 30, 2022
GSI India Names Ramit Kapur Managing Director

Kapur has spent nearly two decades working in the gemological labs sector of the jewelry industry.

Weekly QuizSep 29, 2022
This Week’s Quiz
Test your knowledge of the latest jewelry news with this quick test.
Take the Quiz
Supplier BulletinSep 29, 2022
How to Create an Engaging Experience and a Sparkling Reputation

Sponsored by Synchrony

SourcingSep 29, 2022
Q&A: Constantin Wild Celebrates 175 Years in the Colored Stone Business

The family business’ fourth-generation eponymous owner reflects on the milestone and the market today.

Brought to you by
Committing to an Ethical Diamond Business

While ethical mining is essential to a diamond business, they represent only a fraction of the responsibility bestowed on jewelers.

CollectionsSep 29, 2022
Trove Has a New Proposal: Ring Boxes

The jewelry box brand is expanding with both single and double ring boxes in red, mint green, and white.

SourcingSep 29, 2022
AGTA Names Jennifer Heebner Editor-in-Chief of its Publications

The association has also hired a new marketing manager and announced two staff transitions.

Policies & IssuesSep 29, 2022
JA Members Return to Capitol Hill to Voice Jewelers’ Concerns

The topics up for discussion with lawmakers included inflation, rising interest rates, hiring challenges, and crime.

AuctionsSep 28, 2022
The 18-Carat ‘Fortune Pink’ Diamond Could Sell for $35M

The pear-shaped fancy vivid pink diamond will lead the Christie’s Geneva Magnificent Jewels auction on Nov. 8.

SurveysSep 28, 2022
Consumer Confidence Rises in September

U.S. consumer confidence rose for the second consecutive month as gas prices fell.

MajorsSep 28, 2022
Artistry’s 2023 Catalog Is Out Now

The jewelry catalog features an updated layout and 160 pages of product.

MajorsSep 28, 2022
JFC’s 2022 ‘Hope for the Holidays’ Program Is an Adorable Menagerie

There are three designs to choose from this year, all featuring animals drawn by kids who have had wishes granted through Make-A-Wish.

AuctionsSep 27, 2022
In Betty White’s Blockbuster Estate Sale, Jewelry Held Its Own

Fine jewelry comprised three of the auction’s top 10 lots, though it could not top her director’s chair or scripts from “The Golden Girls.”

CrimeSep 27, 2022
3 Suspects in Beverly Hills Smash-and-Grab Robbery Arrested

A total of four suspects are now in custody with police still on the lookout for the remaining two.

ColumnistsSep 27, 2022
Creative Connecting: Fun Ideas for Holiday 2022 In-Store Events

From a “whodunnit” murder mystery to a permanent jewelry party, Duvall O’Steen and Jen Cullen Williams share a wealth of suggestions.

MajorsSep 27, 2022
Stuller Releases 2 Updated Catalogs Ahead of the Holiday Season

“Mountings 2023-2024” and “Diamonds & Gemstones 2023-2024” offer a vast selection of options to create custom pieces.

Events & AwardsSep 27, 2022
ICA’s 2023 Congress Will Be Held in Dubai

The event will be hosted by the Dubai Multi Commodities Centre from Feb. 15-17.

IndependentsSep 26, 2022
Roberson’s Fine Jewelry to Close After 42 Years

The store’s liquidation sale will showcase the mix of classic and unique jewels it’s known for stocking.

CollectionsSep 26, 2022
Go ‘Inside the Dream’ of Bulgari Via a New Documentary on Amazon Prime

It follows Creative Director Lucia Silvestri as she crafts the brand’s high jewelry collections.

Recorded WebinarsSep 26, 2022
Watch: What Jewelers Should Know About Insurance

From safeguarding showcases to appraisal liability, insurance experts Mark Devereaux and Andrew Chipman share insurance tips for jewelers.

TrendsSep 26, 2022
Vahan Collabs With Wolf on a Jewelry Box

It’s the first time in 50 years the brand has made something other than jewelry.

Events & AwardsSep 26, 2022
Texas Jewelers Association Rolls Out New Format for Design Competition

The competition takes place in tandem with TJA’s annual convention, known as the Texas Jewelers Roundup.

CollectionsSep 23, 2022
Pandora Reimagines Keith Haring’s Art in New Collection

The limited-run collection features figures from Haring’s iconic street art on charms, bracelets, rings, and more.

GradingSep 23, 2022
GIA Career Fair Returns to Carlsbad

The Gemological Institute of America also announced plans for events in New York and London in 2023.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy