Diamond Adorned Barbie Fetches $302,000 at Auction

Billed as the world’s most expensive Barbie, the doll, designed by Stefano Canturi was sold at auction for $302,000.

The Australian jewelry designer spent four weeks working on the doll. It is adorned with a diamond collar necklace made of three carats of white diamonds centered by a 1-ct. emerald cut fancy vivid pink diamond.

All proceeds from the October 20 auction at Christie's New York went toward the Breast Cancer Research Foundation, in recognition of National Breast Cancer Awareness Month.

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Jewelry and Coin Auction Saturday at Weschler's in D.C.

Art Nouveau 18k yellow-gold, platinum, diamond, Plique-à-jour and Cameo Bangle Bracelet, Masriera Y Carreras ($3,000-$5,000)

Weschler's Auctioneers and Appraisers will hold its annual spring auction of Jewelry, Coins & Watches on Saturday, April 2, in their Washington, D.C. gallery. The offerings will span the Art Deco, Art Nouveau, Edwardian, Victorian and Modern periods, plus a selection of U.S. gold coins and lady’s and men’s watches will be on the auction block.

10-ct. emerald-cut solitaire diamond ring, set in platinum ($40,000-$60,000)

Highlighting the jewelry offerings is an almost 10-ct. emerald-cut solitaire diamond ring, set in platinum, which is anticipated to fetch $40,000-$60,000; an Art Deco platinum, diamond and black onyx brooch ($10,000-$15,000); an Art Nouveau tested 18k yellow-gold, platinum, diamond, plique-à-jour and cameo bangle bracelet by Masriera y Carreras ($3,000-$5,000); and a Van Cleef & Arpels platinum and diamond bow-knot brooch, together with a letter of authenticity, which carries a $5,000-$7,000 pre-sale estimate. Other offerings include an Art Deco 14k yellow-gold, white-gold, platinum, diamond and synthetic blue sapphire mesh evening bag and change purse ($5,000-$7,000) and an Art Deco 14k yellow-gold cigarette case by Cartier holds, with a $3,000-$4,000 pre-sale estimate.

Men’s 18k yellow-gold manual watch, Patek Philippe ($2,000-$4,000)

A selection of U.S. gold coins will feature two U.S. Double-Eagle twenty-dollar gold coins, dating 1876S and 1889S, each carrying a $1,200-$1,500 pre-sale estimate and a Sesquicentennial two-and-one-half-dollar commemorative gold coin, dated 1926, is expected to bring $400-$600.

Showcasing the watch offerings are a lady’s platinum and diamond 17-jewel manual-wind cocktail wristwatch by Hamilton ($1,500-$2,000); an Omega gentleman's stainless steel manual-wind wristwatch, Speedmaster, Swiss ($1,000-$1,500); and a men’s 18k yellow-gold manual-wind wristwatch, Patek Philippe, Swiss, holds a pre-sale estimate of $2,000-$4,000.

For more information on Weschler’s April 2nd auction of Jewelry, Coins & Watches, contact John Weschler at (202) 628-1281. The items may be viewed online at www.weschlers.com or at www.artfact.com. The gallery is located at 909 E Street, NW, Washington, D.C.

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‘Jewelers for Japan’ Auction Raises $20,000

Ajaline.com raised more than $20,000 to benefit relief efforts in Japan through their “Jewelers for Japan” auction on Charity Buzz from April 5 to April 19. A total of 19 jewelry houses donated jewelry for the auction.

Ajaline, founded by Meeling Wong and Jim Conte, is a members-only flash-sales site devoted to luxury fine jewelry and watches.

Proceeds raised from “Jewelers for Japan” will benefit Japan Society’s Earthquake Relief Fund, supporting four specific organizations:

* Tokyo Volunteer Network for Disaster Relief – a network of approximately 3,000 volunteers focusing on food, water, blankets and other goods from a distribution center in Tome, Miyagi Prefecture;

* JEN – an international humanitarian and relief development organization providing emergency relief supplies to the fishing village of Ishinomaki, Miyagi Prefecture, among the hardest hit by the tsunami;

* ETIC – a Japanese organization consisting of young social and business entrepreneurs committed to providing emergency relief goods to the elderly, disabled, and those with special medical needs; and

* Japan NPO Center – a center, partnering with the Civil Society Initiative Fund, working to identify and support local community-based non-profit organizations and volunteer organizations involved in relief and sustainable recovery work throughout the affected regions with small grants

Jewelry brands who participated in the auction were H.Stern, Mikimoto, Kimberly McDonald, Jill Platner, Coomi, House of Waris, Buccellati, Paolo Costagli, Robert Lee Morris, Robin Rotenier, Lagos, Monica Rich Kosann, Charriol, Delatori, Gurhan, Yossi Harari, Sally Sohn, Emily & Ashley and Diamond in the Rough.

Japan Society is an American nonprofit organization supported by individuals, foundations and corporations that brings the people of Japan and the United States closer together through mutual understanding, appreciation and cooperation.

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Kim Kardashian Buys Jade Bracelets at Elizabeth Taylor Auction

The Jade bracelets by Lorraine Schwartz.

NEW YORK - Kim Kardashian purchased three jade bracelets created by Los Angeles jewelry designer Lorraine Schwartz during the second day of the Elizabeth Taylor auction at Chrstie’s New York. Schwartz, a friend of both the reality TV star and the famous actress and humanitarian, was at the auction and purchased the jewelry for Kardashian. They were sold in one lot for $64,900, well above the high $8,000 estimate.

Schwartz said Taylor wore the white, black and lavender bangles nearly every day, particularly in the latter part of her life.

She also said that Kardashian was going to buy those same bangles directly from her but really wanted the pair that Taylor actually wore.

“She loved those bangles for a long time,” Schwartz said. “She bought them because they’re Elizabeth’s.”

Schwartz is known for creating jewelry for some of Hollywood’s biggest stars, including Taylor and Kardashian.

Kardashian, who was the last person to interview Taylor, said by phone that she admired the movie star and jewelry lover. She also spoke about the power of Jade.

“If you have a piece of jade, the energy goes into the piece and you absorb the energy,” Kardashian said. “So I can feel Elizabeth in the piece.”

She added, “Elizabeth Taylor is iconic. She is my idol and my icon.”

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Historic Elizabeth Taylor Auction by the Numbers

Phone bidders compete with those on the auction floor at Christie's New York during the first day of the Elizabeth Taylor auction. Photo credit: Christie's

The landmark auctions of The Collection of Elizabeth Taylor at Christie’s New York from December 3-17 realized a combined total of more than $156.75 million with every single item sold. Among its achievements:

* The most valuable sale of jewelry in auction history—the two-day jewelry sale along (December 13-14) fetched more than $137.2 million;

* The most valuable collection of fashion ever sold at auction--the live sale totaled more than $5.5 million;

* Christie’s first-ever “Online-Only” auction—conducted in parallel to the live auctions—generated more than 57,000 bids and took in more than $9.5 million;

* Six Items sold for more than $5 million;

* 26 items sold for more than $1 million;

The opening night jewelry sale (December 13) alone set seven world auction records; among them:

* The world auction record for a pearl jewel, “La Peregrina,” the 16th Century pearl on a necklace designed by Cartier for Taylor, sold for $11.8 million.

* The world auction record for a colorless diamond per carat, the Elizabeth Taylor Diamond (also known as the Burton-Taylor Diamond). The 33.19-carat Asscher-cut D color potentially flawless diamond sold for more than $8.8 million, or $265,697 per carat.

* The world auction record for an emerald jewel and an emerald per carat went to an emerald and diamond pendant brooch by Bulgari—more than $6.5 million or $280,000 per carat.

* The world auction record for an Indian jewel, the heart-shaped Taj Mahal Diamond, sold for more than $8.8 million.

* The world auction record for a ruby per carat, A Ruby and Diamond Ring, By Van Cleef & Arpels sold for more than $4.2 million or $421,981 per carat.

* The world auction record for a pair of natural pearl pendants, pearl and diamond pendants by Bulgari sold for nearly $2 million.



The sale drew unprecedented interest from bidders throughout the world, who gathered in Christie’s flagship Rockefeller Center saleroom to compete in person, on the phone, online and by absentee bid to win one of the Collection’s 1,778 lots of jewelry, fashion, decorative arts and film memorabilia. The total far exceeded Christie’s pre-sale expectations for the sale as a whole and for individual items, which were frequently hammered down for five, ten, or even 50 times their estimate in some cases.

As one of the most highly-anticipated sales in auction history, the collection generated intense interest from bidders throughout the world, with 36 different countries represented during the four days of live auctions.

Of the sales, Chris Wilding, son of Elizabeth Taylor and member of the Elizabeth Taylor Trust said, “My mother always acknowledged that she was merely the temporary custodian of the incredible things she owned. Today, I think she would be happy to know that her collections will continue to enrich the lives of those who have acquired pieces. My family is proud that our mother’s legacy as a celebrated actress, tireless AIDS activist, and accomplished businesswoman touched so many people’s lives that they wanted to have a part of it for themselves.”

All sales proceeds will be directed to the Elizabeth Taylor Trust. A portion of the profits generated by sales of exhibition tickets, event sponsorships and the ongoing sales of select publications will be donated to The Elizabeth Taylor AIDS Foundation. An estimated 58,000 visitors viewed highlights from the collection since September, when Christie’s launched an eight-city global exhibition and tour that reached Moscow, London, Los Angeles, Dubai, Paris, Geneva and Hong Kong. The grand finale of the tour was a 10-day museum-quality public display of the complete collection that drew thousands of collectors and fans to the company’s flagship galleries in Rockefeller Center.

“The exhibition and sales of The Collection of Elizabeth Taylor in New York have been the crowning achievement to a very strong year at Christie’s,” said Steven P. Murphy, CEO, Christie’s International. “The success of these sales, with bidders participating from all over the world, demonstrated not only a recognition of the taste and style of Miss Taylor, but also the convening power of Christie’s. I am very proud of our whole team, from all corners of our global operation. Their achievement was successfully bringing this event to fruition in a manner that paid homage to the panache and glamour of Elizabeth Taylor herself.”

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Who Bought What at the Elizabeth Taylor Auction and Why

 I’ve never thought of my jewelry as trophies. I’m here to take care of them and to love them – Elizabeth Taylor

After viewing one of the most complete and magnificent private collections of jewelry, art, memorabilia, accessories and other articles ever amassed by a single person during The Collection of Elizabeth Taylor exhibition at Christie’s New York, I wrote the following:

This collection represents a life well spent. Christie’s presentation of the exhibit makes it seem as if her life’s work was complete.

It’s almost a shame that these items will soon be separated.

However, after attending the two days of the fine jewelry sales (part of the four-day Elizabeth Taylor auction at Christie’s New York along with an “online only” component), my mind has changed.

I met friends of Taylor and those who never knew her. I met people who purchased the product because of their ties to Taylor, because of their fascination with a particular piece, or to use what they purchased in their business. It was auction that attracted some of the world’s wealthiest people, celebrities, top professionals in the jewelry and gems industries, and those of modest means.

Bidders prepare for the opening night auction to begin. Photo credit: Anthony DeMarco

The jewelry and other items amassed will be used in all sorts of ways. The important part is that it appears that the jewelry will be used and that’s the way Taylor, it seems, would have wanted it. After all, this is a woman who wore a 33-carat diamond ring almost every day and who was filmed wearing a priceless ruby jewelry collection by the pool. Taylor didn’t put her baubles away for special occasion, she wore them. And her collection showed an appreciation of priceless pieces along with far less expensive items because she either admired the work or they had personal meaning.

Photo credit: Christie's

Jewelry designer to the stars Lorraine Schwartz bought back the fringe diamond bracelet that Taylor bought from her for her 70th birthday.

“I was wearing it for her party at the Bel-Air Hotel, and she kept calling me over to look at it and to try it on,” Schwartz wrote on her facebook page. “Finally, the next morning she called me and said “‘I know who’s buying that bracelet for my birthday … I’m buying it for my birthday!’”

Photo credit: Christie's

Schwartz also bought a pair of earrings that Taylor’s third husband, Michael Todd, created just for her.

“I could feel Elizabeth nudging me telling me to buy them,” Schwartz said on the auction floor during the second day. “That’s what she used to do. She used to say, ‘go ahead buy it.’ She’d be kicking me under the table (saying), ‘Go ahead. You know you want it.’”

Photo credit: Christie's

Schwartz was very busy for the two days. In addition to what she purchased she lost a bid for one of her pieces and purchased a lot of three of her own bangles for Kim Kardashian, who paid $64,900, well above the high $8,000 estimate. “If you have a piece of jade, the energy goes into the piece and you absorb the energy,” Kardashian said by phone. “So I can feel Elizabeth in the piece.”

Photo credit: Christie's

Companies of course got into the act for the larger pieces. The 33.19-carat Elizabeth Taylor Diamond (also known as the Taylor-Burton diamond and formerly called as the Krupp diamond), a gift from Richard Burton, was reportedly bought by South Korean businessman Daniel Pang for $8.8 million. He was bidding on behalf of E-land World, a South Korean concern. The company plans to exhibit the diamond ring at “E World,” an amusement park in Daegu, according to reports.

Photo credit: Christie's

Bulgari, the Italian luxury jewelry house, bought back $20 million worth of jewels, including a 52.72-carat sapphire-and-diamond sautoir for $5.9 million and an emerald-and-diamond necklace for $6.1 million, according to the New York Post.

Photo credit: Anthony DeMarco

Then there’s the paper jewelry. The gag gift from Malcolm Forbes to Taylor has garnered a great deal of media attention—much of it from me. The suite of paper jewelry had a high estimate of $300. It sold on the second day for $6,875. It was purchased by Jenny and John Caro, owners of Jewelry By Design, an independent jewelry store in Woodbridge, Va.

The couple came to the auction with a $50,000 line of credit and in a few minutes it was obvious they were being priced out of buying any real jewelry. So when the paper jewelry came up on the second day, they went all out to win the lot. The couple is using the paper jewelry along with two jewelry pieces they purchased on the online only auction to create an Elizabeth Taylor display for their customers. The jewelry was chosen because they had pictures of Taylor wearing the pieces in books that will be used in the display.

“We’re a good example of a business doing things, being different and taking risks to help our business grow,” Jenny said in a phone interview.

“You couldn’t go by the intrinsic value of jewels, because the truth is everything was selling so high that what you bought you couldn’t turn around,” she added. “The South Korean who bought the Burton diamond bought it for a business reason. What is $8.8 million when it comes to advertising worldwide? What’s $6,800 when it comes to local advertising?”

Using the Forbes gift as inspiration, Christie’s created its own full-color paper jewelry book with recreations of 15 of Taylor’s most iconic jewels. It ran as a limited edition of 5,000 and was available for purchase in person at Christie’s headquarters during the New York exhibition, which was held December 3 -12. It was sold for $25 each, $5 of which went to the Elizabeth Taylor AIDS Foundation.

Los Angeles jewelry designer Sandra Müller had her own unique story. She first met Taylor as a child while living in Europe and credited the actress with inspiring her to build a life in the jewelry field. Taylor was a friend of her parents. As an adult working and living in Los Angeles, she said she would visit Taylor’s house often as a friend and to show her work. In 2001, Taylor bought three of her pieces.

Müller was already planning to go to the auction to bid for a client. While looking through the auction catalog, she discovered that those pieces were being sold as part of the fashion and accessories auction, held on the third day. Her pieces didn’t include her as the creator. She contacted Christie’s and the auction rectified the error.

The high estimate for the jewels was $300. Müller e-mailed me to let me know that her pieces sold for $15,000. With commission the total was actually $18,750.

“The 18k gold value alone would be about 10,000.00 if melted,” she added. “I think it was one of the few good deals in auction.”

I asked her how it felt to sit in the auction room and watch her pieces being sold at the historic event. Her reply was brief.

“Thrilled”

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Huguette M. Clark Estate Auction Includes 9-Carat Pink Diamond

The 9-ct. Belle Epoque cushion-cut, fancy vivid purplish pink diamond ring has an auction estimate of $6 - $8 million. Photo credit: Christie's Images Ltd. 2012

As reported previously, the April 17 Magnificent Jewels auction at Christie’s New York includes 12 items of art deco jewelry and objects from the estate of Huguette M. Clark.

The auction house released images of the items being offered from the estate. The top lot for the auction is a 9-carat pink diamond ring that is estimated to fetch $6 - $8 million (top picture). 

The 19.86-ct. D-color, potentially internally flawless clarity, Type IIa diamond ring by Cartier has an auction estimate of $2 - $3 million. Photo credit: Christie's Images Ltd. 2012

Another notable item is a 19.86-carat rectangular-cut diamond ring by Cartier (pictured above). 

Circa 1925 Art Deco diamond bracelet by Cartier has an auction estimate of $300,000 - $500,000. Photo credit: Christie's Images Ltd. 2012

At least six other items in the auction are from Cartier, including bracelets, a flag brooch and a desk clock. Tiffany & Co. also figures prominently in the sale with at least two items. The auction estimate for the entire collection is $9 to $12 million.

Circa 1925 Art Deco emerald and diamond bracelet by Cartier has an auction estimate of $50,000 - $70,000. Photo credit: Christie's Images Ltd. 2012

The jewelry is part of the sale of Ms. Clark’s residences at 907 Fifth Avenue in Manhattan owned by the late copper heiress. Christie’s International Real Estate has been entrusted with the sale. 

Diamond, ruby and sapphire American Flag brooch by Cartier has an auction estimate of $30,000 - $50,000. Photo credit: Christie's Images Ltd. 2012

Ms. Clark was the youngest daughter of former United States Senator and industrialist William A. Clark. She died May, 2011, at the age of 104.

Circa 1915 ruby, sapphire, emerald and gold bracelet by Tiffany & Co.has an auction estimate of $30,000 - $50,000. Photo credit: Christie's Images Ltd. 2012

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Lily Safra Charity Jewelry Auction Includes Largest JAR Collection; Could Fetch $20 Million

Caption: Left: Lily Safra. Right: A ruby and diamond Camellia flower brooch by JAR created for Safra in 2003. Estimate: $1.2 million to $1.5 million.

The jewelry collection of famed philanthropist, Lily Safra, will be up for auction at Chrisite’s Geneva on Monday May 14, with all proceeds to be donated to 20 different charitable institutions. The collection includes the largest single-owner selection of jewels by JAR ever to be offered at auction.

Regarded as a major philanthropist of our time, Safra is also a discerning connoisseur. This jewelry collection reflects her refined taste and its evolution through five decades, from the 1970s to the present day, the international auction house said. Featuring 70 lots, the sale at the Four Seasons Hotel des Bergues is estimated to fetch more than $20 million. It includes important diamonds, rubies and sapphires, as well as an array of fine antique and period jewelry.

A special section of the sale will be dedicated to a group of 18 jewels by JAR, the majority of which were created specifically for Safra by the renowned jeweler between the 1980s and 2000s. It is the largest private collection of creations by JAR ever to be offered at auction.

“Only a connoisseur with an eye as refined as that of Mrs. Lily Safra could have collected such an ensemble of jewels, and only someone with her philanthropic conviction could have expressed such powerful support to worthwhile causes in all charitable fields,” said François Curiel, international head of Christie’s Jewellery Department.

Lily Safra has carried on the philanthropic tradition of her husband, Mr. Edmond J. Safra, one of the twentieth century’s most accomplished bankers and founder of the Edmond J. Safra Philanthropic Foundation. Since 2000, she has chaired this foundation, which supports hundreds of projects related to education, science and medicine, religion, culture, and humanitarian relief in over 40 countries.

She is a passionate art and jewelry collector, and has provided assistance to several institutions, including the National Gallery of Art in Washington, the Museum of Modern Art in New York and the Musée du Louvre, where the “Salle Edmond et Lily Safra” honors the works she and her husband donated.

All the proceeds from the sale of the collection of Lily Safra will benefit the following 20 charitable institutions:

Agahozo-Shalom Youth Village, Rwanda
Children Action, Geneva
Claude Pompidou Institute for Alzheimer’s Disease, Nice, France
Edmond and Lily Safra Children’s Hospital, Tel Hashomer, Israel
Edmond J. Safra Family Lodge at the National Institutes of Health, Bethesda, Md.
Elton John AIDS Foundation (worldwide)
Fight AIDS Monaco
Henry Street Settlement, New York
Hopes and Homes for Children, Romania
Hôpitaux Universitaires de Genève
Imperial College, London: Edmond J. Safra Chair in Neuropsychopharmacology & Edmond J. Safra Chair in Radiochemistry
Institute for Brain and Spinal Cord Disorders, Pitié-Salpêtrière Hospital, Paris
Keren Shemesh, Israel
King’s College, London: Edmond and Lily Safra Parkinson’s Research Fellowships
Le ballet de l’Opéra national de Paris
New York University, Parkinson and Movement Disorder Center
Royal Opera House, London
Université Joseph Fourier, Institut des Neurosciences, Bâtiment Edmond J. Safra & Institut Clinatec, Centre de Recherche Edmond J. Safra, Grenoble, France
University of Toronto and Toronto Western Hospital, Canada: Edmond J. Safra Program in Parkinson’s Disease (Dr. Anthony Lang & Dr. Andres Lozano)
Water Treatment Program, Amélia Rodrigues, Bahia, Brazil

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44-Ct. ‘Perfect Diamond’ Up for Auction at Christie’s

'The Perfect Diamond,' a 44.09-Carat rectangular-cut diamond ring; D-color, internally flawless clarity, Type IIa, excellent polish and excellent symmetry; Estimate on request.  Photo Credit: CHRISTIE'S IMAGES LTD. 2012

Christie’s New York will hold its Magnificent Jewels auction on April 17 at its Rockefeller Center headquarters. The sale features more than 300 individual jewels, including top-quality diamonds, gemstones, natural pearls and signed pieces, with estimates ranging from $2,000 to $8 million. The total sale is expected to surpass $40 million.

16.33-Ct., pear-shaped diamond ring by Van Cleef & Arpels; D-color, potentially internally flawless clarity, Type IIa; Estimate, $1.85 million - $2.5 million. Photo Credit: CHRISTIE'S IMAGES LTD. 2012

The sale features no less than 10 top-quality D-color diamonds. The assortment is led by what is known as “The Perfect Diamond,” (top photo) a 44.09 carat D-color internally flawless, emerald cut diamond (estimate upon request). Christie’s says the diamond exhibits excellent polish and symmetry with no fluorescence. It is certified as a type IIa diamond, the most chemically pure classification prized for its exceptional optical clarity.

15.08-Ct. oval-cut diamond ring; F-color, internally flawless clarity, Type IIa; Estimate, $1.25 million - $1.55 million. Photo credit: CHRISTIE'S IMAGES LTD. 2012

Also among the top lots of the evening, as previously reported, are “The Clark Pink,” an extremely rare 9-carat pink diamond ring, and The Clark Diamond, a 20-carat D-color diamond ring. Both items are part of the sale from the estate of Huguette M. Clark, one of the last heiresses of America’s Gilded Age. Ms. Clark’s personal jewelry collection, which is believed to have been stored in a bank vault since the 1940s, includes signed Art Deco jewels by Cartier, Dreicer & Co. and Tiffany & Co. The complete collection of 17 jewels is expected to fetch up to $12 million.

A Colored Diamond Necklace, by Graff; Estimate $1.5 million - $2.5 million. Photo credit: CHRISTIE'S IMAGES LTD. 2012

The sale also includes a selection of signed jewels from the Estate of Lucille E. Davison, a prominent collector, philanthropist and long-time trustee of Saint Anselm College in New Hampshire. Her jewelry collection includes more than 40 signed jewels that represent the best in modern design, including several “mystery set” jewels by Van Cleef & Arpels, and a selection of bracelets and brooches conceived by the legendary designer Jean Schlumberger for Tiffany & Co. The total collection is estimated to reach $1 million. 

Cushion-cut Colombian emerald ear pendants of 26.03 and 25.32 cts. $1 million - $1.5 million. Photo credit: CHRISTIE'S IMAGES LTD. 2012

The April 17 sale is the first jewelry auction since the record-breaking $137.2 million jewelry sale of The Collection of Elizabeth Taylor in December—which served as the final note on a record $600 million in jewelry sales worldwide for the auction house that was “shaped by continuing demand for top colored and colorless diamonds with exceptional provenance,” said Rahul Kadakia, Head of Jewelry at Christie’s New York.

View all the major sale items by following this link.

From the Estate of Lucille E. Davison, a 'Mystery-Set' ruby and diamond “Pavot” flower brooch by Van Cleef & Arpels; Estimate $60,000 – 80,000. Photo credit: CHRISTIE'S IMAGES LTD. 2012

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JAR Diamond Ring, 6-Carat Burmese Ruby and Jade Necklace at Christie’s Hong Kong Auction

JAR three-diamond ring. Photo Credit: CHRISTIE'S IMAGES LTD. 2012

The upcoming Christie’s Hong Kong Magnificent Jewels sale is turning out to be something special in the quality and quantity of the items for sale. As previously reported, the May 29 sale at the Hong Kong Convention & Exhibition Centre, will have the largest round fancy intense pink diamond to ever appear at auction and a 11.85-carat D VVS1 potentially flawless round brilliant-cut diamond—both with Harry Winston pedigree. But there’s more.

The 1:30 p.m. sale, in the Woods Room of the convention hall, will include a three-diamond ring from JAR, a 6-carat, pigeon’s blood Burma ruby and diamond ring, and being Hong Kong, a superb jadeite bead necklace. The auction will also include natural pearls, Burmese sapphires, Colombian emeralds, rare period pieces, and selection of signed contemporary jewels.

The ring from JAR is set with three diamonds. They are a 10.67-carat D color, internally flawless, oval-shaped diamond at its center, flanked by two D color, internally flawless diamonds of 6.07 and 6.04 carats. The estimate is $2.5 million – $3.5 million. Perhaps the world’s most influential jewelry designer, Joel Arthur Rosenthal, along with his Swiss business partner, Pierre Jeannet, founded JAR in 1977. It is housed discreetly in an apartment boutique on Place Vendôme in Paris, only accepting clients by appointment. The one-of-a-kind and often made-to-order JAR creations are sought after by clients around the world and their appearance on the auction market marks an important event for collectors.

Photo Credit: CHRISTIE'S IMAGES LTD. 2012

Also among the highlights of the auction is a 6.04-carat Burmese ruby and diamond ring by Etcetera (pictured above) with an estimate of $2.5 million – $3.8 million. This no heat cushion-shaped stone possesses the most desirable “pigeon’s blood red” color and an extraordinary degree of transparency. Burmese rubies over 5 carats, particular those gems that have not undergone any thermal enhancement are extremely rare.

Photo Credit: CHRISTIE'S IMAGES LTD. 2012

Another item that will attract the attention of bidders is a jadeite bead necklace (pictured above) with an estimate of $3.2 million - $4.5 million. “Evenly and strongly saturated, each of the jadeite beads featured in this necklace exhibits the optimal combination of color, translucency and texture,” Christie’s says. “The beads display a vivid emerald green color with a desirable tone that is neither too dark nor light. Their fine texture and excellent glass-like translucency only bolsters the rareness of such high-quality material, resulting in one of the most anticipated jewels offered at auction this year.”

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40th Anniversary Auction Of Audemars Piguet Royal Oak Watches

Audemars Piguet Grand Complication, Piece Unique

Antiquorum Auctioneers’ May 13 sale of Important Modern & Vintage Timepieces at the Grand Hotel Kempinski in Geneva will include a special collection of Audemars Piguet Royal Oaks in honor of the iconic model’s 40th anniversary.

The Swiss luxury watch brand collaborated with Antiquorum on this sale by having each timepiece in this section sent to the manufacture in Le Brassus to be checked for authenticity. They will be delivered with an Audemars Piguet certificate of origin.

Highlights of the Audemars Piguet Royal Oak sale include the following:

Royal Oak Jumbo “A Series,” No. 88. Produced in 1972, this example is a rare and octagonal, self-winding, water-resistant, stainless steel wristwatch with date and a stainless steel Audemars Piguet bracelet. The Royal Oak A series is the earliest serial number ever to be offered at auction. Estimate: $16,000 – $20,000.

Royal Oak Jumbo Skeleton. This watch, produced in 1991, is a rare, water-resistant, tonneau shaped, 18K yellow gold self-winding wristwatch with 18K yellow gold Audemars Piguet bracelet accompanied by the original warranty, instruction booklet and fitted box, and an Audemars Piguet Certificate of Origin. Estimate: $22,000 – $33,000.

Grand Complication, Piece Unique No. 1/1, 18k White Gold and Diamond (top picture). Produced as a unique piece in 1994, this timepiece is a large minute-repeating, water-resistant, self-winding, 18k white gold and diamond set wristwatch with co-axial round button split-seconds chronograph, register, perpetual calendar with indication of the weeks, moon phases, and an integrated 18k white gold and full diamond – set Audemars Piguet link bracelet. It is accompanied by an Audemars Piguet Certificate of Origin. Estimate: $650,000 – $1.1 million.

Other Audemars Piguet Royal Oak watches as part of the sale include:

* “Royal Oak Offshore, Automatic – End of Days,” No. 343/500. Estimate: $27,000 – $38,000.

* Royal Oak Chronograph, Giorgio Armani, No. 001, White Gold. Estimate: $45,000 – $65,000.

* Royal Oak Jumbo retailed by Bulgari, Former Property of President Venezuela Carlos Andres Perez. Estimate: $33,000 – $45,000.

* Royal Oak, Paris Boutique, Limited Edition of 50 pieces. Estimate: $27,000 – $38,000.

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Hublot Raises $1 Million At Charity Boxing Auction

Champion boxers participate in WBC fundraiser. AFP PHOTO/Sandy Huffaker/Hublot

Swiss luxury watch brand Hublot created 12 unique timepieces dedicated and signed by 12 legendary boxers in support of the inauguration of the World Boxing Council Charities. The 12 watches were then auctioned off Saturday during the gala dinner at the at the Bellagio hotel raising $1 million for the fund.

The boxing champions who participated in the auction included Mike Tyson, Sugar Ray Leonard, Lennox Lewis, Jeff Fenech, Larry Holmes, Tommy Hearns, Roberto Duran, Azumah Nelson, Julio Cesar Chavez, Oscar De La Hoya and George Foreman. 

Boxing legend Thomas "Hitman" Hearns is seen with the Hublot King Power timepiece. AFP PHOTO/David McNew/Hublot/Handout

The all-day event included a press conference with Hublot CEO, Ricardo Guadalupe, and the 12 legendary boxers. Each champion spoke about the partnership between Hublot and the WBC and presented their individual Hublot King Power WBC timepiece.

More than 300 persons then attended the evening gala where top boxing announcer, Michael Buffer, led the live auction on a staged ring with international auctioneers, Bonhams. The 12 winning bidders received their watch from each fighter.

All of the funds raised will support the charitable initiative of the WBC, including the retired boxer’s pension and emergency fund in over 40 countries around the world.

The World Boxing Council is the world's largest sports sanctioning body with operations in 164 countries and 10 federations. It is the owner of the “Green Belt,” the highest form of recognition a champion boxer can receive.

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Jürgen Abeler Ring Collection Up For Auction

Christie’s South Kensington will be offering more than 500 rings—dating from ancient Egypt and Rome through the 21st century—from the Collection of Jürgen Abeler of Wuppertal, Germany. The majority of the 103 lots, including several groups, will be feature as part of the auction house’s jewelry sale on October 9. More than 40 important ancient rings will be featured in its antiquities sale on October 25.

Estimates for individual rings start at £200. All items on offer from the collection will be on view October 5 till 8 at Christie’s South Kensington saleroom on 85 Old Brompton Road.

Highlights include a 16th Century signet ring of Johann Ernst von Sachsen, Julich, Kleve and Berg the great grandson of Sibylle von Julich, Kleve and Berg, sister of Anne of Kleve (Cleves) (1515-1554) wife of Henry VIII, King England(1491-1547), illustrated above left. Other highlights are mourning rings for Vice Admiral Nelson, killed at the Battle of Trafalgar illustrated above center, and the composer George Frideric Handel illustrated above right. The sale will also include a selection of modern conceptual and design rings.

Born in Wuppertal in 1933 into a family of watchmakers and goldsmiths, Jürgen Abeler continued this tradition. Abeler’s interest in rings stemmed from his grandmother’s Christmas present in 1955 of Heinz Battke’s book on the history of the rings, “Geschichte des Ringes in Beschreibung und Bildern.” Abeler would eventually acquire the author’s own collection of rings. Abeler would collect rings from myriad sources and locations—auctions, antique shops, private hands and foreign lands. The result was a collection ranging from Roman and Egyptian examples to rings highlighting 21st century design. In Jürgen Abeler’s own words he wished to create “a coherent, comprehensive overview about the whole topic up to (the) modern day.”

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50-Carat Diamond to Lead Christie’s Upcoming Auction

Diamond ear pendants, 52.78 cts. and 50.31 cts. (117.04 cts total with surmounts). Estimate: $4.5 million - $6.5 million.

Christie’s first sale of the fall jewelry season will include three diamonds of more than 50 carats each and a rare double strand of large natural pearls.

The two-session sale on October 16 at Christie’s Rockefeller Center saleroom also includes signature jewels, rare gemstones and more statement diamonds among its 372 lots. It is expected to achieve more than $35 million.

The top colorless diamond in Christie’s New York Magnificent Jewels sale is a pear-shaped D-color flawless diamond of 50.52 carats with excellent polish and symmetry. The stone is mounted in platinum and may be worn suspended from a necklace with a 2.28 carat, circular-cut D-color diamond surmount. The estimate is available on request.

Among the colored diamond highlights is an oval-cut fancy intense yellow, internally flawless diamond of 68.35 carats with excellent polish and symmetry. It has an estimate of $2.2 - $3.2 million.

In addition, a pair of diamond ear pendants brings together a pear-shaped fancy yellow diamond of 52.78 carats and a pear-shaped white diamond of 50.31 carats surmounted by circular-cut fancy yellow and white diamonds Mounted in yellow and white gold, the pendants may be easily swapped or detached completely, giving the owner three options for how to wear them. Its estimate is $4.5 - $6.5 million.

The double strand natural pearl necklace is formed of 120 large-sized individual pearlsRanging in size from 6.50 mm to 12.25 mm in diameter, the pearls range in coloration from white to light cream, with subtle rosé and green overtones and superb luster. It is accented with a 3-carat, D color diamond clasp signed by Cartier. Its estimate is $2.8 – $3.5 million. The auction house said it is “one of the finest to come to auction at Christie’s in the last five years.”

The sale will 130 signed jewels by Buccellati, Bulgari, Cartier, Graff, Marina B., Oscar Heyman & Brothers, Tiffany & Co., Van Cleef & Arpels, David Webb, Harry Winston and Raymond Yard.

Among the highlights of iconic design is a “honeycomb” motif ruby and diamond bracelet by Van Cleef & Arpels. Crafted from hexagonal-cut rubies and diamonds, the gems are set using the firm’s trademark “mystery-set” technique which eliminates any visible prongs from the surface of the bracelet. Its estimate is $100,000 - $150,000)

The sale also includes a selection of jewels by Marina B, granddaughter of Sottiro Bulgari. The sale features a number of her designs accompanied by their original renderings, including a ruby and gold “Simona” bangle set with a shield-shaped fancy yellow diamond (estimate: $50,000 - $70,000), a “Georgina” ring featuring an oval-cut ruby of 10.54 carats (estimate: $200,000-300,000) and a pair of diamond, amethyst and pink tourmaline “MBC” ear pendants (estimate: $25,000-35,000).

One-of-a-kind creations by the Indian designer Viren Bhagat are among the most coveted of contemporary jewelry designs on the auction market today. As a special fundraising item within the sale, Christie’s offering a pair of “flower blossom” pearl and diamond ear clips by Bhagat (estimate: $30,000-50,000). The sale will benefit the Salaam Bombay Children’s Fund, a decade-old organization that works with disadvantaged children across India to empower them with opportunities and skills that enable them to make the right choices for their health, education and livelihood.

Others sale highlights include:

* Pear-shaped diamond ring of 10.05 carats, D color, internally flawless. Estimate: $1 million – 1.5 million.

* Pear-shaped fancy light pink diamond ring of 10.52 carats by Galt. Estimate: $900,000 – 1.1 million.

* Pair of pear-shaped diamond ear pendants of 6.94 carats and 6.79 carats. Estimate: $600,000 – $800,000.

* Colombian emerald and diamond ear pendants of 22.12 carats and 21.47 carats by Van Cleef & Arpels. Estimate: $600,000 – 800,000.

* Cushion-cut Burmese sapphire diamond ring of 32.31 carats. Estimate: $350,000 – $500,000.

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Christmas Red Diamond; 50-Carat Graff Diamond Ring Up For Auction

3.15-carat circular-cut fancy reddish orange diamond. Estimate: $700,000 – 1,200,000. Photo credit: CHRISTIE'S IMAGES LTD. 2012

Red is certainly the color of Christmas and in this spirit Christie’s New York is offering a rare red diamond along with a 50-carat D color Graff diamond that could fetch $10 million during its Magnificent Jewels sale on December 10.

The 3.15 carat circular-cut fancy reddish orange diamond is the largest such diamond ever graded by the Gemological Institute of America and the largest ever to be offered at auction. Exhibiting excellent symmetry and polish, this stone is estimated at $700,000 - $1.2 million.

The diamond’s rarity is a function of both its intense color and large size, the auction house said. Very few red diamonds larger than one carat are known to exist. Among the largest is a circular-cut 5.03 fancy dark red diamond that is now in the permanent collection of the Smithsonian Institution in Washington, D.C.

50.01-carat Rectangular-cut D-color diamond ring by Graff. Estimate: $7,000,000 – 10,000,000. Photo credit: CHRISTIE'S IMAGES LTD. 2011

While impressive, the red diamond will not be the most expensive lot being offered at the daylong auction. That honor goes to a 50.01-carat D color diamond ring by the celebrated jeweler Graff. Offered for sale from an important private collection, the stone is mounted in a platinum setting designed by Graff, with two baguette-cut diamonds flanking the center stone. It’s estimated at $7 million - $10 million.

The Graff diamond is one of 12 D-color diamonds—the whitest shade possible—among the 300 lots being offered at the sale, which also includes rare gemstones, natural pearls and signed jewels from the Art Nouveau and Art Deco periods. The total sale, which is accessible for bidding in person, on the phone, online, or by absentee bid, is expected to realize in excess of $25 million.

Three-stone Colombian Emerald ring of 8.51, 4.04 and 3.94 carats. Estimate: $475,000 – 550,000. Photo credit: CHRISTIE'S IMAGES LTD. 2011

Among the star lots of gemstone jewelry is a three-stone Colombian emerald ring mounted with an 8.51 carat cushion-cut center stone and flanked by matching emeralds of 4.04 and 3.94 carats, respectively. Its estimate is $475,000 - $550,000.

Sapphire and diamond bracelet by Paul Flato from circa 1935. Photo credit: CHRISTIE'S IMAGES LTD. 2011

Among the period pieces being offered is a sapphire and diamond bracelet by American jeweler Paul Flato from circa 1935, which is on the cover of the sale cataloge. Its estimate is $120,000 - 180,000. This jewel, offered from a prominent private collection, is designed as an openwork bracelet with alternating rectangular-cut sapphire and diamond bricklink bands.

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