Article courtesy of Forbes
The highs and lows in this year’s auction season were extreme. All-time records were set while other high-profile gems and jewels failed to sell. As in the past few years, blue and pink diamonds pulled in the highest bids. A rare green diamond also made the cut among the biggest sellers this year.
The biggest disappointment had to be the non-sale of the Shirley Temple Blue at Sotheby’s New York Magnificent Jewels sale held in April. The 9.54-carat fancy deep blue, potentially internally flawless, VVS2 diamond was owned by the child actress and American diplomat throughout her life. It had an estimate of $25 - $35 million.
While not among the top sellers of the year, rubies and sapphires of exceptional provenance remained in high demand fetching record prices. The biggest jewelry sales were held during the first half of the year.
The top jewelry auction sales of 2016 are as follows:
The Oppenheimer Blue
The Oppenheimer Blue, a 14.62-carat fancy vivid blue rectangular-cat diamond fetched a world record for any jewel sold at auction, more than $58 million, at Christie’s Geneva Magnificent Jewels sale in May.
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