The big diamonds keep on coming! Let’s see how this one does in real time. This has become a trend – big diamonds being the headliner at the big jewelry auctions. Next month, Geneva has it’s turn.
An 8.01-carat fancy vivid blue diamond, dubbed “The Sky Blue Diamond” to emphasize its rare hue, will headline the Magnificent Jewels and Noble Jewels at Sotheby’s Geneva on Nov. 16.
Set in a ring by Cartier, it is expected to sell for between $15 and $25 million.
Sotheby’s said the stone has been graded as a fancy vivid blue by the Gemological Institute of America, and also was found to have excellent polish and to be Type IIb.
“The Sky Blue Diamond is a wonderfully clear celestial blue, presented in an extremely elegant square emerald cut, in my view, the most flattering of all the cuts for a colored diamond,” said David Bennett, worldwide chairman of Sotheby’s jewelry division.
A year ago, in November 2015, the auction house sold a 12.03-carat fancy vivid blue diamond called the Blue Moon of Josephine for $48.5 million, making it the most expensive jewel ever sold at auction anywhere. It also set the per-carat record for any diamond, at $4 million per carat.
The Blue Moon’s record price ultimately was trumped by The Oppenheimer Blue, a 14.62-carat VVS1 clarity fancy vivid blue diamond that became the most expensive jewel ever sold at auction when it garnered $57.5 million at Christi’s Geneva in May.
The battle of the big blue diamonds continues!
Sotheby’s Nov. 16 sale in Geneva also will include more colored diamonds, as well as colored gemstones and period jewels with noble provenance, such as a historic diamond choker from the second half of the 18th century that was in the collection of the imperial Russian family.
This necklace has such historical significance, I can’t wait to see what happens. I have always been so intrigued by the Russian Imperial family.
The jewelry collection of Catherine the Great was renowned, and never equalled before or since in Russia. Her jewels and regalia proclaimed her power and rank as Empress and displayed the most precious materials available, crafted by the most highly skilled French jewelers such as Pauzié and Duval. This piece was originally designed as two separate jewels, crafted around 1760-80. Stylistically, the two pieces are consistent with traditional designs of the late 18th century, which would have been fastened around the neck using a ribbon or stitched directly onto clothing. At the outbreak of the First World War, the decision was made to move the imperial treasure from St Petersburg to Moscow, and the jewels were stored in sealed cases in the Kremlin. A number of jewels, including the present necklace band and bow knot brooch, were taken to London and offered at auction at a sale of “The Russian State Jewels” in 1927. They have only been in two private collections since then, including that of the present owner.
This necklace is another story or post in itself.