Christie’s Wrapping up 2013 Jewelry Auctions in New York

Following a spectacular Fall auction season, Christie’s is wrapping up its 2013 jewelry sales in New York with the standout item likely to be a 52.58-carat D-color internally flawless Golconda diamond.
Christie's says the diamond has a “superior polish and octagonal cutting style, a diamond this rare marks an unprecedented opportunity for collectors of the world’s finest gemstones".
Among the other 500 lots sale will be four lots of Lev Leviev jewelry, including a cushion-cut D-color internally flawless diamond ring weighing 26.72 carats, mounted in platinum and with a shield-shape diamond on both sides. The ring has a pre-sale estimate of $4 million-$6 million. Also being auctioned are a pair of pear-shaped D-color diamond ear pendants of 10.31 and 9.94 carats with an estimate of $2 million-$3 million.
The auction will also offer a Cartier Tutti Frutti bracelet dating to 1930, and inspired by the intricate Mughal carving and craftsmanship of Indian art. The bracelet has an estimate of $300,000-$500,000.
Gemstone highlights for the sale include a Belle Époque 21.27-carat Kashmir sapphire ring, circa 1910, with an estimate of $1.5 million-$2.5 million and a 91.38-carat Burmese sapphire necklace with an estimate of $800,000-$1.2 million.
“2013 has proven to be a record-breaking year for jewelry auctions globally. Beginning with the historic sale of the Princie Diamond in New York in April to The Orange in Geneva this November, collectors worldwide paid record prices to acquire the rarest and finest gemstones that appeared on the auction block,” said Rahul Kadakia, head of Jewelry for Christie’s Americas and Switzerland.