The announcement coincided with its full-year results, with growth driven by its jewelry brands.
3.81-Carat Fancy Intense Blue Diamond Sells for $3M
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.
London--A fancy intense blue diamond from a private British collection went above its pre-sale estimate when it hit the auction block in London Tuesday.
The 3.81-carat oval-cut stone, estimated to sell for between $1.7 and $2.4 million, garnered $3 million at Bonhams’ Fine Jewellery sale Tuesday, making it the top lot of the event.
Other notable blue stones finished at the top of the sale, with a pair of late 19th century Kashmir sapphire earrings, weighing 8.97 carats and 8.93 carats, selling for $1.1 million, also going over their pre-sale high estimate of $790,000.
In fact, many lots sold for more than expected, with nine out of the top 10 besting pre-sale estimates.
A marquise-cut 11-carat diamond in a six-claw 18-karat gold setting more than doubled its estimate when it garnered $799,560 (high estimate $330,000); a 13.77-carat brilliant-cut diamond ring from J. Roca went for $393,599 (also a high estimate of $330,000); and an early 20th century bow brooch/pendant set with old brilliant-cut diamonds garnered $151,584 (high estimate $52,500).
A Harry Winston necklace featuring an articulated line of alternating marquise-cut and pear-shaped diamonds sold for $143,777 (with a pre-sale high of $78,700).
The only lot in the top 10 to fall within its pre-sale estimated range was a pair of earrings set with cushion-shaped sapphires weighing 4.16 and 5.01 carats and a border of old brilliant-cut diamonds, which garnered $221,847.
The full list of results can be found on Bonhams.com.
The Latest
Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
Jewelry trade show veterans share strategies for engaging buyers, managing your time effectively, and packing the right shoes.
Despite the rising prices, consumers continue to seek out the precious metal.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.