Christie's Magnificent Jewels Sale Totals $49.7 Million
The auction of Christie's Magnificent Jewels, which highlighted The Azure Blue, garnered a total of $49,689,850, achieving a 100% sell-through rate and surpassing the low estimate by 149%. Participation came from 58% of bidders in the Americas, while both APAC and EMEA accounted for 21% each. The standout piece was The Azure Blue, a 31.62-carat Fancy Blue Diamond, fetching $8,371,000. Additionally, a 5.04-carat Fancy Vivid Blue Marquise Brilliant-Cut Diamond sold for $8,127,000. The sale of colored gemstones excelled, prominently featuring an Exceptional Sapphire and Diamond Ring that reached $2,271,000, nearly quadrupling its low estimate amid intense competition from nine phone bidders, various online participants, and in-person attendees.
Key facts
- Total sales: $49,689,850
- 100% sold by lot
- 149% sold vs low estimate
- Bidders from 58% Americas, 21% APAC, 21% EMEA
- The Azure Blue (31.62-carat Fancy Blue Diamond) sold for $8,371,000
- 5.04-carat Fancy Vivid Blue Marquise Brilliant-Cut Diamond sold for $8,127,000
- Exceptional Sapphire and Diamond Ring sold for $2,271,000, nearly four times low estimate
- Nine telephones, multiple online bidders, and room competition for the sapphire ring