Press | Phillips

13 December 2022

Phillips’ December Jewels Auction Realizes $7.4 Million, Led by Rare Diamonds of Exceptional Quality

Phillips’ December Jewels Auction Realizes $7.4 Million, Led by Rare Diamonds of Exceptional Quality

 

Signed Pieces by Boodles, Tiffany & Co., Graff, and David Michael

See Strong International Interest Across the Board

 

New York, 13 December 2022

Sale Total: $7,361,300 / £5,959,761 / €6,930,382

 

Lots Sold: 108 | Lots Offered: 133

 

Sold by Lot: 81% | Sold by Value: 92%

 

 

Benoît Repellin, Phillips’ Worldwide Head of Jewellery, said, “We are delighted to conclude the year on such a high note, with Phillips’ December Jewels auction achieving such strong results. With enthusiastic bidding across the globe – from Egypt, to Korea, to Brazil – the sale demonstrated the continued appeal for rare colored and colorless diamonds, as well as for exceptional signed pieces. Leading the auction was a Boodles fancy intense pink diamond pendent necklace weighing 4.05 carats, which realized $1.9 million after a fierce battle of bidders in the room, on the phones, and online. Earlier in the sale, a stunning emerald and diamond ring made by Tiffany & Co., circa 1915, soared past its estimate of $60,000-80,000 to $428,400. These results conclude an exceptional year for the Jewellery team at Phillips and we look forward to carrying this momentum into 2023.”

 

 

Top Ten Lots

Lot

 

Description

 

Estimate

 

Price Achieved

 

139

 

Boodles, Important Fancy Intense Pink Diamond Pendent Necklace, Weighing 4.05 carats, VS2 Clarity

 

$800,000 - 1,200,000

 

$1,905,500

 

91

 

Impressive Fancy Intense Yellow Diamond Ring, Weighing 30.65 carats, SI1 Clarity

 

$300,000 - 500,000

 

$693,000

 

138

 

Boodles, Fine Diamond Ring, Weighing 8.00 carats, D Color, Internally Flawless, Type IIa

 

$250,000 - 350,000

 

$529,200

 

16

 

Tiffany & Co., Very Fine Emerald and Diamond Ring, Circa 1915

 

$60,000 - 80,000

 

$428,400

 

89

 

Fancy Brown-Pink Diamond Ring, Weighing 6.62 carats, VS1 Clarity

 

$40,000 - 60,000

 

$226,800

 

102

 

Diamond Ring, Weighing 15.15 carats, L Color, VS2 Clarity

 

$120,000 - 180,000

 

$214,200

 

128

 

Diamond Ring, Weighing 5.06 carats, E Color, VVS2 Clarity

 

$150,000 - 200,000

 

$189,000

 

109

 

Graff, Diamond Ring, Weighing 14.80 carats, O-P Range, VS1 Clarity

 

$110,000 - 180,000

 

$126,000

 

137

 

Boodles, Fancy Vivid Yellow Diamond Ring, Weighing 3.46 carats, VVS2 Clarity

 

$70,000 - 100,000

 

$126,000

 

94

 

David Michael, Pink Spinel, Spessartite Garnet and Diamond Ring

 

$55,000 - 75,000

 

$88,200

 

 

 

 

Exchange Rate on DAY MONTH YEAR: US$1 = £0.809607, €0.941462, HK$7.775008