London: Rare Jewels Set to Shine at Upcoming Auction
Up to three and a half million dollars — that’s how much this rare pinkish orange diamond ring is expected to fetch at the Magnificent Jewels Auction in New York.
It’s one of more than a hundred pieces of spectacular diamond and colored stone jewels at the collection previewed in London.
Victoria Major of Sotheby’s said the Gemological Institute of America’s grading confirms this ring’s rarity.
[Victoria Major, V.P, Jewelry Department, Sotheby’s]:
„As of September 2009, it was the largest such diamond ever to be graded by the GIA (Gemological Institute of America). It is exceptionally rare. The GIA actually just supplied us with a letter attesting to how rare it is and that this orange color, which is the dominant color in the stone, is one that is a miracle of nature, it really is a true miracle.“
The other major highlight is a magnificent vivid yellow diamond necklace set with 42 GIA certified diamonds weighing just over 100 carats.
The necklace is expected to sell for between two to three million dollars.
The sale will also feature a Cartier platinum, diamond and sapphire ‚Panthere‘ wristwatch, a Burmese ruby and diamond ring and a collection of Kashmir sapphires.
After the London preview, the jewels will travel to Hong Kong and California for further auction previews until they are finally sold off in New York on April 20.