Harry Winston Ring Leads Christie's London Sale

By Rapaport News / June 14, 2017 / www.diamonds.net / Article Link

RAPAPORT... Christie's garnered $8.2 million (GBP 6.5 million) at itsImportant Jewels auction in London on Tuesday, as a Harry Winston emerald ringfetched $480,675.The rectangular-cut, 10.23-carat Colombian emerald wentto an anonymous buyer for $47,000 per carat - more than five times its highpre-sale estimate, Christie's said Wednesday. Separately, a cushion-shaped,50.36-carat Sri Lankan sapphire pendant achieved $434,775, while a Victorian"parure," or matching set, consisting of a diamond tiara, necklace andearrings, secured a winning bid of $404,175."The Victorian diamond star parure demonstrated yet againthat jewels fresh to the market with noble provenance make for a winningcombination," said Keith Penton, head of Christie's London jewels department.The auction sold 80% by lot and 90% by value.