Fancy Light Brownish-Pink Diamond, Diamond, Platinum Ring. Photo Heritage Auctions
The ring features a marquise-shaped diamond measuring 26.89 x 11.08 x 6.74 mm and weighing 11.74 carats, enhanced by triangle-shaped diamonds, one measuring 9.50 x 8.80 x 2.88 mm and weighing 1.33 carats, and one measuring 9.25 x 8.10 x 2.88 mm and weighing 1.26 carats, set in platinum. A GIA Gem Trade Laboratory report # 1122868433, dated December 3, 2010, stating Natural Fancy Light Brownish-Pink Even color, SI2 clarity, accompanies the center diamond. Gross weight 10.50 grams. *Note: Size 3-1/2 with sizing cleats (sizeable) Estimate: $200,000 - $250,000. Sold for $358,500 .
NEW YORK, NY.- A superlative Fancy Light Brownish-Pink Diamond, Diamond, Platinum Ring was the subject of intense bidding and great admiration on its way to a final price of $358,500 on Monday, May 2, to top the offerings in Heritage Auctions' $4.957+ million New York Signature(r) Fine Jewelry Auction at the Fletcher-Sinclair Mansion. All prices include 19.5% Buyer's Premium.
"We saw some very good prices across the board, especially on diamonds," said Jill Burgum, Director of Fine Jewelry at Heritage Auctions. "It all points positively to signs of a recovering market; our previews were well-attended from coast to coast, multiple bidding wars ensued at the event and, as a result, we saw top prices achieved."
All told, 1,253 bidders vied for just under 1100 lots, translating into a 90% sell-through rate by lot value.
One of the most pleasant surprises of the auction was the $65,725 price realized for a natural Padparadscha Sapphire, Diamond, Gold Ring, from the Property of the Estate of John R. Archer, which went home with an advanced bidder after several minutes of intense bidding.
"Padparadscha sapphires, a pinkish-orange variety of corundum originally mined in Sri Lanka, are very rare and highly valued," said Burgum. "The name derives from the Sinhalese word for lotus blossom. The rarest of all padparadschas, like the example in our auction, is the totally natural variety, with no sign of treatment."
Padparadscha Sapphire, Diamond, Gold Ring. Photo Heritage Auctions
The ring features a cushion-shaped padparadscha sapphire measuring 13.23 x 11.47 x 7.83 mm and weighing 13.16 carats, enhanced by full-cut diamonds weighing a total of approximately 1.50 carats, accented by tapered baguette-cut diamonds weighing a total of approximately 1.30 carats, set in 18k gold, having rhodium finished accents. A GIA Laboratory report #2135056555, dated February 11, 2011, stating Natural Padparadscha Sapphire, No Indication of Heating Treatment, accompanies the padparadscha sapphire. Total diamond weight is approximately 2.80 carats. Gross weight 11.10 grams. Estimate: $40,000 - $60,000. Lot sold $65,725
Note: Padparadscha sapphires are very rare and highly valued. It is a pinkish-orange variety of corundum, originally mined in Sri Lanka. The name derives from the Sinhalese word for lotus blossom. The rarest of all padparadschas is the totally natural variety, with no sign of treatment.
The Property of the Estate of John R. Archer .
A strong grouping of Jade jewelry caused a stir with collectors in all corners of the globe, setting off several bidding wars and realizing superb prices, as evidenced by the $50,788 price realized for a dramatic Jadeite Jade, Diamond, Platinum, Gold Pendant, which brought more than seven times its pre-auction estimate of $7,000+.
Jadeite Jade, Diamond, Platinum, Gold Pendant. Photo Heritage Auctions
The pendant features a carved and pierced jadeite jade measuring 46.00 x 32.00 mm, enhanced by full-cut diamonds weighing a total of approximately 0.90 carat, set in platinum, completed by a gold bail. An EGL USA report # US 57208602C, dated February 18, 2011, stating Natural Jadeite Jade, Natural Color, accompanies the pendant. Gross weight 19.90 grams. Dimensions: 2-1/4 inches x 1-1/4 inches. Estimate: $7,000 - $9,000. Lot sold $50,788
The Property of the Cecilia H. Caldwell Trust .
Much was made of a Diamond, Platinum Ring set from the Property of the Mary Grace Horlock Estate, and the ring did not fail to impress bidders at the auction, rising quickly in price before finishing the day at $179,250, while an Emerald Cut Diamond, Platinum Ring made waves of its own with a price realized of $119,500 and a Moyer Diamond, Platinum, Gold Ring came in at an impressive $131,450.
Diamond, Platinum Ring Set. Photo Heritage Auctions
The engagement ring features a cushion-cut diamond measuring 16.31 x 14.65 x 8.79 mm and weighing 15.43 carats, enhanced by tapered baguette-cut diamonds weighing a total of approximately 0.60 carat, set in platinum; together with a conforming band featuring baguette-cut diamonds weighing a total of approximately 0.24 carat, enhanced by square-cut diamonds weighing a total of approximately 0.60 carats, set in platinum. A GIA Laboratory report #2135135383, dated February 28, 2011, stating M color, VS2 clarity, accompanies the center diamond. Total diamond weight is approximately 16.87 carats. Gross weight 13.75 grams. Estimate: $175,000 - $225,000. Lot sold $179,250
The Property of the Mary Grace Horlock Estate .
Diamond, Platinum Ring. Photo Heritage Auctions
The ring features an emerald-cut diamond measuring 11.59 x 7.90 x 5.78 mm and weighing 5.02 carats, set in platinum. A GIA Gem Trade Laboratory report #15218062, dated January 25, 2011, stating D color, VS2 clarity, accompanies the diamond. Gross weight 7.08 grams. Lot sold $119,500
Diamond, Platinum, Gold Ring, Moyer. Photo Heritage Auctions
The ring features a marquise-shaped diamond measuring 28.00 x 12.48 x 7.35 mm and weighing 15.16 carats, enhanced by marquise-shaped diamonds weighing a total of 2.39 carats, accented by full-cut diamonds weighing a total of 2.10 carats, set in platinum, having 18k gold accents, marked Moyer. Total diamond weight is 19.65 carats. Gross weight 23.90 grams. Estimate: $125,000 - $175,000). Lot sold $131,450
Further highlights include, but are not limited to:
Fancy Deep Brownish-Yellow Diamond, Diamond, Platinum Ring-Dant: Realized: $101,575.
Diamond, Platinum Bracelet: Realized: $95,600.
Diamond, Platinum, Gold Ring: Realized: $89,625.
Diamond, Platinum Ring: Realized: $74,090.
Gentleman's Colored Diamond, Gold Ring: Realized: $50,190.
Fancy Deep Brownish-Yellow Diamond, Diamond, Platinum Ring-Dant. Photo Heritage Auctions
The ring-dant features a marquise-cut fancy brownish-yellow diamond measuring 27.40 x 11.74 x 5.77 mm and weighing 11.85 carats, enhanced by marquise-cut diamonds weighing a total of approximately 6.25 carats, set in platinum. The diamond encrusted center panel disassembles from the ring frame, permitting wear as a pendant. Total diamond weight is approximately 18.10 carats. A GIA Laboratory report #1122868432, dated December 3, 2010, stating Natural Fancy Deep Brownish-Yellow color, VS2 clarity, accompanies the main diamond. Gross weight 31.20 grams. Estimate: $100,000 - $150,000. Lot sold $101,575
Diamond, Platinum Bracelet. Photo Heritage Auctions
The bracelet showcases a marquise-cut diamond measuring 14.00 x 6.00 x 4.80 mm and weighing approximately 2.35 carats, and features European-cut diamonds: one measuring 8.00 x 8.60 x 5.00 mm and weighing approximately 2.10 carats one measuring 7.20 x 7.00 x 4.60 mm and weighing approximately 1.40 carats; one measuring 7.00 x 7.00 x 4.40 mm and weighing approximately 1.30 carats; and one measuring 9.00 x 8.90 x 5.10 mm and weighing approximately 2.50 carats, enhanced by marquise-cut diamonds weighing a total of approximately 3.70 carats, further enhanced by European and single-cut diamonds weighing a total of approximately 19.95 carats, accented by baguette and whistle-cut diamonds weighing a total of approximately 26.05 carats, set in platinum. Total diamond weight is approximately 59.35 carats. Gross weight 121.30 grams. Dimensions: 7-3/4 inches x 1-1/4 inches. Estimate: $50,000 - $75,000. Lot sold $95,600
The Property of the Mary Grace Horlock Estate
Diamond, Platinum, Gold Ring. Photo Heritage Auctions
The ring features a round brilliant-cut diamond measuring 14.30 x 13.90 x 8.50 mm and weighing 10.44 carats, set in a platinum, having an 18k gold shank. Gross weight 8.75 grams. Estimate: $70,000 - $90,000. Lot sold $89,625.
Diamond, Platinum Ring. Photo Heritage Auctions
The ring features a round brilliant-cut diamond measuring 11.10 x 11.00 x 6.92 mm and weighing 5.12 carats, enhanced by full-cut diamonds weighing a total of approximately 0.14 carat, set in platinum. An EGL Laboratory report # US 60591101 D, dated April 21, 2010, stating I color, VS2 clarity, accompanies the center diamond. Total diamond weight is approximately 5.26 carats. Gross weight 4.95 grams.Lot sold $74,090
Gentleman's Colored Diamond, Gold Ring. Photo Heritage Auctions
The gentleman's ring features a cut-cornered trapezoid mixed-cut fancy dark brownish-yellow diamond measuring 14.94 x 20.21 x 10.94 mm and weighing 25.03 carats, set in 18k satin and high-polished gold. A GIA Laboratory report #6127829139, dated November 17, 2010, stating Natural Fancy Dark Brown-Yellow color, accompanies the diamond. Gross weight 27.30 grams. Estimate: $50,000 - $70,000. Lot sold $50,190
