New York Jewelry Auctions Top $70 Million In June, Led By Diamonds

The June Sotheby's Magnificent Jewels sale brought in $30,033,900, while Christie's brought in $44.4 million, totaling over $70 million.

Sotheby's and Christie's Auction Totals

A Van Cleef & Arpels necklace led Sotheby’s auction at $3.6 million, followed by a 53-carat internally flawless diamond that sold for $3,480,000.

Top Lots at Sotheby’s

Velvety blue Kashmir sapphires sold well at auction. Two prominent trades were a 10.31-carat Kashmir sapphire and diamond ring ($1,980,000) and a 14.51-carat sugarloaf cabochon sapphire ring ($1.8 million).

Rarity and Value

A natural pearl, cultured pearl, and diamond necklace fetched $552,000 at Sotheby’s, underscoring the high demand for rare pearls in the market.

Natural Pearls

The highlight at Christie’s was the Eden Rose, a 10.2-carat fancy intense pink diamond, which sold for $13.3 million.

Christie’s Top Lot

A 2.28-carat vibrant blue heart-shaped diamond ring with diamonds ($2,107,000) and a yellow diamond and white diamond pendant ($2,167,500) were notable.

Other Significant Sales at Christie’s

Phillips debuted its live jewelry auctions with a successful New York sale totaling $2.8 million in June.

Phillips Jewelry Auction Debut

The auction's 9.81-carat emerald and diamond ring exceeded its estimate at $165,000. Also sold were Van Cleef & Arpels, Cartier, Bulgari, and Oscar Heyman items.

Highlights from Phillips Auction

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