Chrysler Diamond Sells for $5.5M, Upstaging 204-Carat ‘Dancing Sun’
The latter jewel sold for $5 million, within its pre-sale estimate.
Estimated to fetch between $3.5 and $4.5 million, the pear-shaped, D-color, internally flawless 54.03-carat stone sold for nearly $5.1 million.
Set in a necklace, The Chrysler Diamond has an illustrious history.
Harry Winston acquired the stone in 1958, when it was known as the “Louis XIV Diamond,” from Thelma Chrysler Foy’s estate. Foy was the daughter of railroad and automotive scion Walter Chrysler, the namesake of New York City’s Chrysler Building.
While The Chrysler Diamond surpassed its pre-sale expectations, another impressive diamond, “The Dancing Sun,” fell within its $3.5-$5.5 million estimate, selling for nearly $5 million.
The 204.36-carat, VVS2 fancy intense yellow diamond was cut from a 552.74-carat rough recovered from the Diavik Diamond Mine in Canada’s Northwest Territories in 2018. It remains the largest gem-quality diamond on record found in North America.
The Dancing Sun is the largest polished diamond mined in North America.
“The Flawless Match,” a toi et moi-style ring, sold for within its $2.5 million to $3.5 million estimate, earning $2.9 million.
The ring features a 2.52-carat pear-shaped, internally flawless, fancy vivid blue diamond and 2.43-carat pear-shaped internally flawless Type IIa diamond.
Another sale draw was “Jewels by JAR: Property from an Important West Coast Collection,” featuring 19 lots, the largest selection of JAR jewels ever offered at auction, according to Christie’s.
In total, they earned $5.9 million.
JAR’s diamond “Branch Under Snow” bangle bracelet led that array, selling for a whopping $1.9 million and burying its $400,000-$600,000 estimate.
It was part of the Metropolitan Museum of Art’s 2013-2014 exhibition dedicated to the jeweler.
What was expected to be the highest earning JAR lot, a pair of natural pearl and diamond earrings, fell within their $700,000 to $1 million estimate when they sold for $870,000.
JAR proved so popular that it even topped the preceding “Jewels Online” sale, with a pair of “Gardenia” earrings grossing $112,500.
The second highest-earning Jewels Online lot was a pair of Jessica McCormack diamond earrings, which sold for $100,000.
In all, Magnificent Jewels garnered nearly $26.6 million and was 94 percent sold by value and 87 percent sold by lot.
Jewels Online earned almost $3.5 million and was 97 percent sold by lot. Full results are available online.
The Latest
A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.