By Hannah Connorton
The highlight of the Bonhams sale held Monday in New York was this diamond rivière necklace, which features a total of 79.20 carats of diamonds.
New York--A diamond rivière necklace boasting nearly 80 carats in total sold for $1.2 million at Bonhams Fine Jewelry sale held in New York on Monday, helping to bring the auction’s total to $3.8 million.

“This was one of many pieces in the auction that exemplified connoisseurship,” said Susan Abeles, director of fine jewelry at Bonhams U.S. “The necklace--which is similar to the one that Beyoncé wore at the Oscars after-party--shows that round diamonds are storming back into fashion.”

Gemstones also were highly sought after at the sale, Bonhams said, with an imperial topaz and diamond brooch selling for more than nine times its pre-sale high estimate at $87,500 and a pair of emerald and diamond earrings doubling its pre-sale estimate, bringing in $118,750.

“Buyers know quality when they see it and this auction shone with exquisite pieces that were fought over by bidders from around the world,” Abeles said.

Get the Daily News >
National Jeweler

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.