The live auction of Magnificent Jewels, which took place on June 20 at Christie’s New York, totaled $26,126,500 with 83% sold by lot and 89% sold by value.
The top lot of the sale was Lot 126. The Rockefeller Emerald, sold on behalf of a private American Collector, realized $5,511,500 setting a new world auction record per carat of $305,000 to famed jeweler Harry Winston. CFO Robert Scott was bidding in Christie’s Rockefeller Plaza saleroom with instructions from Harry Winston CEO Nayla Hayek to “bring this magnificent gem home at any price.” Following the sale, Nayla Hayek commented “Harry Winston is immensely proud to own the finest emerald in the world which once belonged to one of America’s most important dynasties.”
Strong results were achieved above estimate for jewels from an important private collection of Louis Comfort Tiffany and Tiffany & Co. that had once been part of The Garden Museum Collection in Japan, including a green tourmaline, diamond and gold necklace (lot 139), a nephrite, amethyst and sapphire necklace (lot 155) and a multi-gem and vari-colored enamel pendant necklace featuring a large sapphire drop (lot 182). Stellar results were also realized from a group of Cartier Art Deco boxes and accessories, including Lot 35, along with an Exquisite Coral, Diamond and Pearl tiara, by Cartier.
There is also still time to bid on Christie’s Jewels Online, running until Thursday June 22, offering a dynamic assortment of signed modern, vintage, and retro designs.
Tom Burstein, Christie’s US Head of Jewelry: “The historic Rockefeller Emerald and museum-level collections of Louis Comfort Tiffany and Cartier objects, formed the core of what was a truly a Magnificent Jewels auction. The record prices achieved by the Rockefeller Emerald and Fancy Deep Grayish Bluish Green diamond coupled with competitive bidding for signed jewelry underscores the strength in the market for pieces of the highest quality. Our jewelry team is proud to finish the first half on such a strong note and we look forward to the fall sales season.”
AN EMERALD AND DIAMOND RING,
BY RAYMOND YARD
Set with an octagonal step-cut emerald of approximately 18.04 carats
SOLD FOR: $5,511,500