Magnificent & Noble Jewels auction by Sotheby’s that took place today in Geneva was headed by two luxury items, Emerald and diamond Tiara and Emerald-cut Fancy intense pink diamond ring. Both items last came up for sale before 30 years and are the rarest of its kind. The queen of auction – LOT 443, a Magnificent and Rare Emerald and Diamond Tiara was sold for CHF10 million ($11.3 million) ($12.76 million with buyer’s premium).
The expected price was between $5.3 million and $10.6 million. Unique luxury tiara was created with 11 pear-shaped rare Colombian emeralds that collectively weigh over 500 carats. Each emerald has been drilled and held in diamond set cusp motifs, the nine largest tipped by rose diamonds, mounted in silver and gold, later detachable tiara fitting.
Except tiare, attractive items at the auction were also fine jewels of noble provenance, and an impressive array of white diamond and coloured gemstones including Kashmire sapphires and two important Burmese rubies.