Pear-shaped pinkish solid sells for $31.5 million during Sotheby’s


GENEVA A singular pear-shaped clear pinkish solid fetched 30.8 million Swiss francs ($31.46 million) during auction on Tuesday, Sotheby’s said, though several other vast stones unsuccessful to strech a haven prices set by a sellers.

The “Unique Pink”, weighing 15.38 carats and mounted on a ring, sole to an Asian private gourmet behest by telephone, a auction residence said.

It was a star lot during a saleroom’s semi-annual auction in Geneva, with a pre-sale guess of $28 million-$38 million.

“The Unique Pink set a new universe record for a imagination clear pinkish solid … It’s a top cost ever paid for a imagination clear pinkish diamond,” David Bennett, worldwide authority of Sotheby’s general trinket division, told reporters.

The “Sweet Josephine”, a imagination clear pinkish solid weighing 16.08 carats, hold a prior record given offered for $28.5 million during opposition Christie’s in November, and still retains a cost per carat record in a category.

Overall, a Sotheby’s sale netted $175.2 million, “setting a new universe record for any trinket auction”, Sotheby’s pronounced in a statement. It eclipsed $160 million set a year ago.

In all, 83.2 percent of a 488 lots on offer found new owners, though “The Emperor Ruby” was among those stranded, with a bid of 3.6 million francs.

“There were a few stones that were unsatisfactory though altogether a sale was a outrageous success,” Bennett said.

A British collection of 29 wealth by French jeweller Cartier sole for $3.4 million, doubling a low estimate, he said.

A “new universe record” was set for a valuables by a late Paris-based jeweller Alexandre Reza – a imagination heated blue solid badge surrounded with diamonds sole for $13.4 million, he said.

“We’ve done a good bid to put together a sale that we suspicion was suitable for this sole marketplace that is clever for a right things,” Bennett said. “It seems to have paid off.”

Ehud Arye Laniado, authority of New York-based Cora International LLC, that cut, discriminating and sole a pinkish diamond, told Reuters in a showroom: “It was a time to sell. It is utterly a clever price.

“We consider solemnly a marketplace is organisation together with people who do trust in clever prices for imagination phony diamonds. It is a good pointer since we see people who do trust in a resale value of those stones, like art,” he added. “The trend will pierce to white diamonds.”

(Reporting by Stephanie Nebehay; Editing by Louise Ireland)


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