Wednesday, November 6, 2024

Flawless 53-Carat Diamond Expected to Fetch Up to $5 Million

New York— A 53.04-carat D-color, internally flawless diamond is set to be a highlight at Sotheby’s New York, where it is expected to sell for up to $5 million. The Type IIa pear-shaped diamond will lead the Magnificent Jewels sale on June 7.

According to a GIA report from November, the diamond boasts very good polish, good symmetry, and no fluorescence. The diamond carries an estimate of $3 million to $5 million.

This auction will be one of the first to operate under Sotheby’s new pricing structure, introduced on May 20, which features a reduced buyer’s premium, down by 26 percent.

Another notable item in the auction is a David Morris necklace featuring Kashmir sapphires ranging from 2.40 to 11.37 carats, paired with graduated oval-shaped diamonds. This piece also carries an estimate of $3 million to $5 million.

Alice
Alice
Alice is a seasoned jewelry designer renowned for her exquisite creations that seamlessly blend artistry with elegance. With a passion for craftsmanship and an unwavering commitment to quality, Alice has established herself as a distinguished figure in the world of fine jewelry. Drawing inspiration from diverse cultures and artistic movements, Alice brings a unique perspective to her designs, creating pieces that transcend mere accessories to become timeless works of art. Her meticulous attention to detail and insistence on using only the finest materials ensure that each creation reflects not only her artistic vision but also a commitment to unparalleled craftsmanship. Having honed her skills through years of dedicated practice and a keen understanding of evolving trends, Alice is adept at translating her clients' desires into bespoke, one-of-a-kind pieces. Her portfolio encompasses a range of styles, from classic and timeless to avant-garde and contemporary, showcasing her versatility and ability to cater to a diverse clientele.

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