Eden Rose Diamond
Stands Out in $44.4 Million Frenzy at Christie’s
See more of the exceptional jewels sold at Christie’s Luxury Week during the Magnificent Jewels auction.
Christie’s Auction House has once again showcased the robust market for rare natural diamonds and their undiminished allure and investment value. In their Magnificent Jewels auction, part of the esteemed Luxury Week at Rockefeller Center, the live auction, vibrantly conducted with bidders in the room, on the phones, and online, garnered a whopping $44.4 million, selling 90% of the 144 lots on offer.
The star of the show was undoubtedly the Eden Rose, a 10.20-carat Round Brilliant cut, natural Fancy Intense Pink Diamond set in a ring with a gorgeous pear share diamond asymmetrical halo that fetched a stunning $13.3 million, sailing past its high estimate. This remarkable sale not only highlights the rarity and sought-after status of colored diamonds but also reflects the deep-seated admiration and demand for unique natural diamonds. Such rare pieces are almost mythical; they do not just captivate collectors; they become the bedrock of significant auctions.
Throughout the auction, other natural-colored diamonds saw vigorous bidding, underscoring the breadth of the market’s strength. A notable 2.28-carat Fancy Vivid Blue Heart-shaped diamond ring commanded a final price of $2,107,000, a necklace set with an extraordinary 84.05-carat Fancy Intense Yellow cushion cut diamond sold beyond its estimate for more than $2 million, and a suite of antique-cut fancy yellow diamond pendants and a ring sold for over $1.6 million.
with Yellow and White Diamond Halo. (Courtesy of Christie’s)
(Courtesy of Christie’s)
Fancy-color diamonds were not the only hot items. Natural colorless diamonds saw most hammer prices either within or over their estimate. A pair of beautiful drop earrings featuring two colorless pear-shaped diamonds, each over 23 carats, sold for over $1.3 million, and a nearly 12-carat pear-shaped diamond solitaire shattered its estimate with a final price of over $1 million.
(Courtesy of Christie’s)
(Courtesy of Christie’s)
Not to be overlooked, natural pearls made a strong showing, with several lots vastly exceeding their estimates. A natural pearl and diamond necklace reached $378,000, demolishing its expected high of $70,000, and a pair of natural pearl and diamond earrings closed at $277,200—nearly tenfold their high estimate, showing the never-ending appreciation for mother nature’s natural gifts.
The auction wasn’t just about individual stones; it included an array of finely crafted jewelry from the most prestigious houses like Bulgari, Cartier, Tiffany & Co., and Van Cleef & Arpels. From the esteemed collections of Sunny Crawford von Bulow and Ala von Auersperg Isham, standout pieces continued to draw eyes and open wallets, such as an Exquisite Van Cleef & Arpels Carved Emerald, Ruby, and Diamond Necklace, which sold for $289,800.
This Christie’s auction, a resounding success, is a vivid testament to the vibrant demand for all things natural and rare. Each piece, whether a breathtakingly rare pink diamond or a piece of historical jewelry art, tells a unique story of nature’s beauty transformed by human craftsmanship into something eternal. As the market for these treasures grows, the stories of their allure and the tales of their acquisitions will continue to fascinate and inspire collectors and enthusiasts worldwide. This sustained demand highlights natural diamonds’ enduring appeal and value, ensuring their place at the pinnacle of luxury assets.
