Mining Rough Diamond Markets Polished Diamond Markets Manufacturing Retail Financial - Legal Research Marketing Technology Gemstones Fair Trade Covid-19 News

CAMPBELL COYLE GEMS LTD
MAYFAIR
LONDON

Home Diamonds Investment Bullion About Contact Newsletter
Home

Sitemap

Privacy Statement

Contact Us

Diamond Investment Guide

Bullion Investment Guide


4 C’s of Diamond Grading

Diamond Cut

Diamond Colour Grading System

Diamond Clarity

Diamond Carat Weight

Loose Diamonds

Pink Diamonds

Blue Diamonds

Yellow Diamonds

Red Diamonds

Rough Diamonds

Diamond Certification

Tender Platforms

Diamond Mining

Diamond Tour

Krugerrand

Britannia

Sovereign Coins

Bullion Bars

Live Bullion Prices

About Us

Newsletter

Documentation

Contact Us

Image Resource Library

Video Resource Library


Diamonds



Investment



Bullion



Others



Media



London Office

Dubai Office


Booking An Appointment



NO BUYER FOR 3CT. BLUE DIAMOND AT SOTHEBY’S | 24 JUNE 2020

A 3.01-carat, fancy-vivid-blue diamond ring carrying a high estimate of $6.3 million was among a number of headline items that failed to find buyers at Sotheby’s Geneva auction.

Sotheby’s withdrew the stone from Tuesday’s Magnificent Jewels and Noble Jewels Part II at the request of the consigner, it told Rapaport News Wednesday. The sale, which achieved a total of $12.4 million, was the auction house’s first live event since the onset of the coronavirus pandemic, and followed Part I, which took place online.

An oval-shaped, 21.56-carat, D-colour, VVS1-clarity diamond ring by Lorraine Schwartz, valued at $1.5 million to $2 million, also went unsold. Other coloured diamonds were not purchased, including a duet ring set with a pear-shaped, 3.03-carat, fancy-intense-blue diamond and a pear-shaped, 2.82-carat, D-colour, VVS1-clarity diamond, as well as a step-cut, fancy-vivid-yellow diamond ring weighing 16.43 carats.

Meanwhile, the top-selling lot at the sale was a marquise-shaped, 7-carat, fancy-intense-pink diamond ring, which was auctioned for the first time after spending 30 years in a private collection. The piece sold for $2.8 million, within its $2.4 million to $3.4 million estimate.

Other notable items included a pear-shaped, 5.29-carat, fancy-grey-blue diamond ring, which garnered $2.1 million, beating its $1.2 million high estimate. A pair of cushion-shaped, D-colour, VVS2-clarity diamond earrings, weighing 13.50 carats and 13.52 carats, fetched $1.5 million against an estimate of $1.2 million to $1.8 million.

Sapphires also proved popular, with a cushion-shaped, 105.89-carat ring going for $1.7 million, more than double its $670,000 high estimate. A cushion-shaped, 16.11-carat sapphire ring bracketed by diamonds also sailed past its $490,000 upper valuation, achieving $524,000.

-Article Courtesy of Diamonds.net - Find It Here