Two rare diamonds will lead Sotheby New York’s December 2011 Magnificent Jewels Sale. It is about a rare fancy intense pink diamond ring and The Light of Golconda. The pink diamond ring is a cut-cornered square modified brilliant-cut diamond, of 22.17 carats, VS2 clarity, type IIa and an estimate in the region of $13 million. The Golconda diamond ring, with an estimate of $7 million, is a 33.03-carat, D, IF, type IIa old mine cushion-shaped diamond.
This December’s Magnificent Jewels sale will cap off an exceptional year for jewelry at Sotheby’s New York, said Lisa Hubbard, the chairman of North & South America at Sotheby’s International jewelry division. Each of our jewelry auctions this year has brought our strongest-ever result in its respective month, and we look forward to offering some amazing collecting opportunities in December – from the once-in-a-lifetime Light of Golconda diamond to an extensive selection of Art Deco designs, signed jewels and colored gemstones.
Also offered for sale is a Cartier designed Platinum and Diamond Sautior Necklace with a Lavalliere Pendant (circa 1924). It is expected to sell between $750,000 and $1 million. Another important item offered is an 18 karat gold platinum and diamond necklace and bracelet combination in a leaf and flower design. It is expected to sell between $150,000-$200,000.
The entire sale is valued at $50 million and will travel to Geneva, Los Angeles and Hong Kong, before returning to Sotheby’s York Avenue galleries for public exhibition beginning December 3. The sale will be held December 7th at Sotheby’s.