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Magnificent Jewels sales that achieve US$87.7 million    Christie’s reaffirms its leadership in the global jewelry market with today’s historic Magnificent Jewels auction. A packed salesroom of collectors fueled fierce bidding in person, on the phone, and online for the sale's legendary stones and storied treasures, which offered celebrated provenance, unparalleled quality and rarity, and timeless glamour. The sale was 100 percent sold by lot and achieved a total of $87.7 million.    At the heart of the sale were two extraordinary highlights: The Marie-Thérèse Pink, a rare 10.38-carat kite-shaped fancy purple-pink diamond, mounted by JAR and wrapped in the mystery and romance of the French Royal family, achieved $14 million and set a new world auction record for a JAR jewel. The Blue Belle, a mesmerizing 392.52 carat Ceylon sapphire of royal grandeur and luminous intensity sold for $11.3 million. Colored gemstones drew significant attention and interest, setting the ...

Hammered 120% above estimated and Sold 94% Magnificent Jewels by value   Christie’s New York December 8 auction of Magnificent Jewels achieved a total of $54,970,500 with 91% sold by lot, 94% sold by value, and 120% hammer above low estimate. There was global participation with registered bidders from 30 countries across five continents.  The auction achieved strong results for colored diamonds, including the top lot of the sale, an important fancy vivid yellow diamond pendant of 70.19 carats, VS2 clarity that sold for $2,850,000. Other notable results were achieved for a rare fancy vivid orangy pink diamond ring of 5.38 carats, VS2 clarity, which realized $2,670,000. A fancy dark gray-blue diamond ring of 8.74 carats, Internally Flawless, which achieved $2,610,000.  A notable collection included in the sale was A Superlative Eye: Property from a Distinguished Chicago Collection, which was highlighted by a strong selection of Art Deco Cartier jewels.   The colle...