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Showing posts with label Jewelry Auction. Show all posts
Showing posts with label Jewelry Auction. Show all posts
 Christie's Maharajas & Mughal Magnificence Auction Garnered $109.2 Million. The Second Highest Auction Total for a Private Jewelry Collection

Christie's Maharajas & Mughal Magnificence Auction Garnered $109.2 Million. The Second Highest Auction Total for a Private Jewelry Collection


On June 19th of 2019, Sheikh Hamad Bin Abdullah Al Thani through Christie's auction house put together a ground-breaking collection of almost 400 gemstones and jewel-encrusted objects for public offer. This esteemed sale may prove to be one of the highest in value of all time, in tier with the Elizabeth Taylor collection- which itself garnered around 115.9 million dollars back in 2011.



Many of the breathtaking artifacts and jewelry have a historical significance factor added to their appeal. Certain items span centuries-worth of stories, and many lots are comprised of Mughal royal objects, such as a dagger with precious jade affixed to its hilt design.

Other slightly more modern items come from the notable design houses of Bulgari, Linzeler, Lacloche and Cartier among others. Different kinds of rare and illustrious colored stones will take to the spotlight, as emeralds, rubies, sapphires and of course diamonds get showcased through the prestigious sale.



High-visibility items like the Patiala Ruby Choker- commissioned by Maharaja Bhupinder Singh of Patiala to Cartier in the early 1900's, will undoubtedly be some of the center-stage highlights. This item in particular has an estimate pegged at around 1.2 million US dollars.

Another included item that has garnered recent fame, is the elegantly named 'Mirror of Paradise' diamond, which is graded at D for color and IF (Internally Flawless) for clarity. This 52.58ct rectangular cut diamond has an estimate range of around 7 to 10 million dollars.



The collection's highlight pieces will be travelling around the world, to displays in Hong Kong, London and Geneva, as is expected of featured lots managed by Christie's. The full suite of the auction items will also be shown at the Christie’s Rockefeller Center galleries located in Manhattan.  The Al Thani Collection still holds around 5,600 individual items, some of which will be shown in Paris starting next year, at a new museum location.

Photography Credit: Christie's Auctions, The Al Thani Collection
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Watching Frank Everett's Narration on The Magnificent Jewels of Barbara Sinatra

Watching Frank Everett's Narration on The Magnificent Jewels of Barbara Sinatra


Many connoisseurs in the jewellery trade are familiar with the annual auction events held internationally. From Geneva to New York, greatly anticipated events led by the duopoly of Christie's and Sotheby's auction houses, have shown us some of the world's most tantalising jewellery from human history's most well known brands and designers.




Photography: Sotheby's Auction House, Plume necklace by Jean Schlumberger (Tiffany & Co.)

One particular storyteller we often like watching (just for his charismatic narration of significant pieces) is Frank Everett, who spotlights his own section called Frank's Files, on Sotheby's online platform. Here's an episode link where he timelessly describes a couple of novelty pieces from the collections of Barbara Sinatra (wife of Frank Sinatra) and Happy Rockefeller.



Some of the oldest jewellery design houses in the western world are often featured on his segments, including pieces by Cartier, Van Cleef & Arpels and Tiffany & Co. Both diamonds and rare coloured stones are often incorporated within the same piece, creating a mysterious allure unbound by a single hue or theme. Rubies, emeralds and sapphires are among the world's highest priced gemstones, and they're often found in the collections of society's most well regarded socialites and personalities.




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3.43ct Bubblegum Pink Diamond takes the Spotlight at Christie's Hong Kong Jewelry Auction

3.43ct Bubblegum Pink Diamond takes the Spotlight at Christie's Hong Kong Jewelry Auction


With the trend of coloured diamonds continuing its surge at international auction events, a 3.43 carat cushion cut diamond known for its bubblegum pink appearance has just sold for 7.5 million dollars at Christie's recent Hong Kong auction. The stone was mounted onto a ring designed by Moussaieff, alongside several more pink diamonds and some marquise shaped white diamonds as well.



Initially estimated between 6 million and 8 million US dollars, the beautiful ring did not disappoint when it came to the actual sale. The prominent piece was considered as one of the premier lots sold during the 'Magnificent Jewels' event held regularly by the famed auction house. The sale in its entirety encompassed purchases of over 40 million dollars, and showcased many other coloured gemstones- such as Colombian emeralds and brilliant blue diamonds.

Photography: Christie's Auction House | Magnificent Jewels

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This Egg Shaped Diamond Sold for 13.8 Million Dollars as Sotheby's Hong Kong Event.

This Egg Shaped Diamond Sold for 13.8 Million Dollars as Sotheby's Hong Kong Event.


Remember that auspicious 88 carat diamond that was scheduled for an April auction show with Sotheby's? The magnificent, oval-cut D-Flawless diamond eventually sold for 13.8 million dollars (or 156,150 USD per carat). This happened during the Magnificent Jewels and Jadeite Sale held by the esteemed auction house. The stone, now named the Manami Star, was acquired by a private Japanese collector who had named it after his eldest daughter.



The initial estimate price of the diamond was only somewhere between 11.2 to 12.7 million dollars, so the actual sale price actually exceeded many experts' expectations regarding the stone's worth and reception. Such large oval-cut brilliant diamonds are quite rare, even at auction events. Only three oval diamonds over 50 cts have ever been auctioned to date, including this one.

A quote from Sotheby's regarding the stone's illustrious sale reads, “We were thrilled to handle a diamond of such rarity, which now takes its place in the roster of top white diamonds to have come to the market here at Sotheby’s Asia,” said Patti Wong, chairman of Sotheby’s Asia, in a statement. “At 88.22 carats, this lucky stone now carries the name of the fortunate child whose father has chosen to give it her name. A happy moment in the journey of one of the earth’s greatest, oldest treasures.”
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