Mignificent Jewels

Christie’s sells The Fortune Pink for 28 million




Pink likes it, but it hasn’t hit a record. All as in the forecasts at Christie’s Magnificent Jewels auction in Geneva. The most anticipated piece, The Fortune Pink, an 18.18-carat pear-shaped vivid pink diamond, sold for 28,438,500 Swiss francs. It is the largest pink diamond ever sold at auction, but it did not reach the highest price of the estimate, which reached 35 million. However, the sale remains a success. In total, Christie’s sold lots for 56.6 million francs. Another highlight was a 101.27-carat unmounted diamond, which sold for 2.9 million francs.

Fortune Pink, diamante rosa vivido fantasia da 18,18 carat
Fortune Pink, diamante rosa vivido fantasia da 18,18 carat

Geneva Luxury sales offered 572 lots, with collectors from 50 countries active during live sales. The second half of this memorable week will continue at New York’s Rockefeller Plaza, where 150 masterpieces from the Paul G Allen Collection will be offered Wednesday and Thursday, which are expected to make $ 1 billion (£ 880 million), all estate proceeds from the sale. it will be dedicated to philanthropy, according to the wishes of Mr. Allen.
Rahul Kadakia, international manager of Christie’s Jewelery

Rahul-Kadakia durante un'asta di Christie's
Rahul-Kadakia durante un’asta di Christie’s

Other results from the Geneva auction: a Graff diamond ring weighing 41.36 carats was sold for 3.6 million, a rivière diamond necklace from the collection of Lord and Lady Weinstock found a buyer for 869,400 francs. It should be noted, according to Christie’s, that 50% of the active collectors at the four live auctions were new, mostly millennials. In total the auctions amounted to 113,482,763 francs, with a combined sales rate of 98%.
Anello con diamante di 41,36 carati di Graff
Anello con diamante di 41,36 carati di Graff

Collana rivière di diamanti
Collana rivière di diamanti

The Fortune Pink montato su anello
The Fortune Pink montato su anello







Two big diamonds and princely tiaras at Christie’s auction




The catalog is now completed. And for fans of exceptional jewelry and gem collectors, who are a particularly popular type of investment in difficult historical times, Christie’s sale of Magnifxicent Jewels on May 11 at the Four Seasons Hotel des Bergues will offer plenty of opportunities. Starting with The Rock, a diamond that starts from one with a very wide gap: from 19 to 30 million Swiss francs (13-24 million euros or 9.2-20.5 million dollars). The diamond weighs 228.31 carats and is the largest ever seen at auction.

Rahul Kadakia con The Rock
Rahul Kadakia con The Rock

We are delighted to present the Geneva Magnificent Jewels auction led by THE ROCK, the largest ever white diamond to be offered at auction and a landmark moment in the market. Alongside this the legendary Red Cross Diamond, which has supported those enduring hardships since it was sold at Christie’s Red Cross Appeal in 1918, is offered with a share of the proceeds to be donated to the International Committee of the Red Cross. With the very best quality gemstones, jewels from noble provenance and iconic designs, the auction represents an exciting opportunity for our international collectors this season.
Max Fawcett, Head of Department, Jewelery

As we have already told, The Red Cross Diamond is back for the third time at auction, which despite its name is a cushion-cut intense yellow color of over 205 carats. It was first sold by Christie’s in 1918, and part of the proceeds went to the Red Cross. And this sale also partly benefits the International Committee of the Red Cross.

The red Cross diamond, di oltre 205 carati
The red Cross diamond, di oltre 205 carati

For nearly half a century, our family has had the privilege of safeguarding the Red Cross diamond. Since it was first brought to market in 1918, the legacy of this symbol of humanity has always been the support of communities ravaged by war, famine and other hardships endured by people across the world. At this auspicious moment in history, we honour the call others have made before us. In collaboration with Christie’s, we are pleased to offer The Red Cross Diamond for sale with a share of the proceeds to be donated to the great institution whose name it bears. We further dedicate this sale to the tireless efforts of the volunteers of the International Committee of the Red Cross and are privileged to support their cause.
Anonymous owner of The Red Cross Diamond

La Tiara Fürstenberg
La Tiara Fürstenberg

The Magnificent Jewels auction also includes 19th and 20th century tiaras, including the Tiara Fürstenberg (estimate 400,000-600,000 Swiss francs), and a pearl and diamond tiara with the brand of the famous Austrian jeweler Gustav Flach. This exemplary handcrafted jewel belonged to her Royal Highness of her Princess of Fürstenberg, born Countess Irma of Schönborn Buchheim (1867-1948), member of one of the most eminent aristocratic families of the Habsburg Empire. A letter in the Fürstenberg archives, directed by jeweler Flach Mediansky & Paltscho, explains the many ways the tiara can be transformed, from a tiara for Viennese high society court dances to a more moderate style with pearls, while the diamond motifs can be worn as a necklace, brooch or hairpins.

Collana di Bulgari con diamanti e rubini
Collana di Bulgari con diamanti e rubini
Orecchini di Jar a spirale con tormaline verdi
Orecchini di Jar a spirale con tormaline verdi







A ring by Reza towering at Christie’s auction




Question: did the evil covid-19, which blocked the world, also block the demand for luxury items? Looking at the result of Christie’s auctions in Geneva, postponed in July because of the pandemic, it would seem not. Starting from the success reserved for the sale of jewelry. In short, buying (and selling) very precious jewels still seems like a good investment. Here, however, is the result of the auctions.

L'asta di Christie's a Ginevra
L’asta di Christie’s a Ginevra

Christie’s sales in Geneva achieved a combined total of $ 57.9 million for 195 jewels, 226 watches and 819 fine wines, with a combined sale of 81%. Bidders, reports the British auction house, have registered from 42 countries, on six continents. And the highest price lot was an elegant blue and colorless Reza diamond ring, sold for $ 9.3 million in the sale of Magnificent Jewels.
Anello di Reza con diamante a taglio brillante modificato a pera blu brillante da 5,34 carati, e diamante a taglio brillante a pera da 5,37 carati, su platino
Anello di Reza con diamante a taglio brillante modificato a pera blu brillante da 5,34 carati, e diamante a taglio brillante a pera da 5,37 carati, su platino

Our 102nd week of sales in Geneva took place under extraordinary circumstances with social distancing, not just at the pre-sale exhibition but also at all three live auctions. Nevertheless, collectors showed great resilience and confidence as they bid and bought all week long, starting with the Cartier clocks to fine wrist watches, rare wines to superb gems. The star of the week was a twin stone blue and white diamond ring by Parisian jeweler, Reza, which achieved $ 9.2m after spirited bidding between several telephones. A 100ct perfect D color diamond was purchased by Moussaieff jewelers who continue to acquire the rare and unusual gems of the world.
Francois Curiel, president of Christie’s Europe

Diamante di 100 carati acquistato da Moussaieff
Diamante di 100 carati acquistato da Moussaieff

As for jewelry, the auction totaled $ 42.5 million, 88% in value and 80% per lot. Colored and colorless diamonds have remained the main attraction. And they were not only sold by telephone, but also in the hall, limited to one hundred visitors. In addition to the Reza diamond ring, a large 100.85 carat D-colored diamond, IF diamond, sold for $ 6 million to Moussaieff.
Additionally, part of the sale were a pair of magical aquamarine cabochons and single-cut diamond earrings by Margaret Jewels, a Geneva-based private jeweler, which were sold for the benefit of the Swiss Children’s Foundation. The sum of the earrings will be donated in its entirety for the benefit of the foundation’s mission to help children and young people around the world.
Anello con smeraldo ottagonale taglio a gradino di 29,54 carati
Anello con smeraldo ottagonale taglio a gradino di 29,54 carati

Christie’s has been the Jewels market leader for 26 years. Our commitment to excellence combined with our strong personal relationships has built our reputation, which in turn has created trust; the most important factor for clients when buying at auction, might it be live or online. The Geneva sale season, which operated under strict sanitary guidelines, including reduced attendance in the auction room, saw strong participation of buyers from 42 countries over the phone and online. With a combined sale result of CHF 54.6 million and a sell-through rate of 81%, we are now looking forward to London and New York to conclude the July Luxury Sales month, which started in Hong Kong.
Aline Sylla-Walbaum, International Business Manager of the Luxury Cluster

Bracciale Tutti i frutti di Cartier, venduto per 665.000 dollari quasi tre volte la stima
Bracciale Tutti i frutti di Cartier, venduto per 665.000 dollari quasi tre volte la stima
Collana di diamanti firmata Graff
Collana di diamanti firmata Graff

Collana con diamante taglio a pera di 49,81 carati
Collana con diamante taglio a pera di 49,81 carati