Press | Phillips

Phillips’ Inaugural Geneva Jewels Auction: ONE Achieves

CHF 19.5 Million / $21.7 Million

Led by a Fancy Intense Pink Diamond Ring Which Sold for CHF 11.9 Million and Jewels by Fred, Sterlé, and Van Cleef & Arpels Soaring Above Estimate

Geneva, 6 November 2023

Sale Total: CHF 19,449,119 / $21,699,382 / €20,192,075

Lots Sold: 86 | Lots Offered: 108

Sold by Lot: 80% | Sold by Value: 95%

Benoît Repellin, Phillips’ Worldwide Head of Jewellery, said, “We are thrilled with the results of Phillips’ inaugural jewellery sale in Geneva, marking another milestone in the expansion of our Jewels department worldwide. The Geneva Jewels Auction: ONE showcased an extraordinary array of treasures, headlined by a mesmerising fancy intense pink diamond of 20.19 carats, which fetched CHF 11.9 million. This remarkable gem ranks as the fourth largest fancy intense pink diamond ever to grace an auction. Coloured diamonds saw competitive bidding, as well as colourless diamonds, with the superb 15.60 carat D VS2 Type IIa oval diamond selling for CHF 890,000, almost double its low estimate. The allure of signed jewels exuding timeless elegance resonated profoundly with collectors, with highlights including Sterlé’s natural pearl and diamond earrings and an iconic Bulgari ‘Monete’ demi-parure, both leaving collectors captivated. The undeniable appeal of unheated sapphires garnered significant interest. We also saw notable demand for distinguished pieces from iconic houses such as Cartier and Van Cleef & Arpels. We eagerly anticipate the upcoming New York Jewels Auction on December 13th.”

Top Ten Lots

Lot	Description	Estimate	Price Achieved
110	A 20.19 carat Fancy Intense Pink diamond ring VVS1 Clarity, Excellent Polish & Symmetry	CHF 10,000,000 - 15,000,000	CHF 11,900,000 $13,276,830 €12,354,580
107	A 54.27 carat Fancy Intense Yellow diamond ring Internally Flawless	CHF 1,170,000 - 1,620,000	CHF 1,330,500 $1,484,439 €1,381,325
109	A 15.06 carat diamond ring, D Colour, VS2 Clarity, Type IIa, Fred	CHF 450,000 - 720,000	CHF 889,000 $991,857 €922,960
101	A pair of natural pearl and diamond ear clips, Sterlé	CHF 270,000 - 450,000	CHF 482,600 $538,437 €501,035
58	A pair of Burmese sapphire, ruby and diamond earrings weighing 16.66 and 17.74 carats, Bulgari	CHF 315,000 - 500,000	CHF444,500 $495,929 €461,480
64	A 16.77 carat Ceylon sapphire and diamond ring	CHF 26,000 - 45,000	CHF 241,300 $269,218 €250,518
89	A 5.02 carat Kashmir sapphire and diamond ring	CHF 180,000 - 270,000	CHF 228,600 $255,049 €237,333
99	A 1.52 carat Fancy Intense Purplish Pink diamond ring, SI2 Clarity	CHF 180,000 - 270,000	CHF 215,900 $240,880 €224,147
95	Colombian emerald and diamond necklace Minor oil	CHF 140,000 - 200,000	CHF 203,200 $226,710 €210,962
108	A yellow sapphire and diamond ‘Ballerina’ brooch, Van Cleef & Arpels	CHF 72,000 - 110,000	CHF 203,200 $226,710 €210,962

ABOUT PHILLIPS

Phillips: where the world’s curious and bold connect with the art, design and luxury that inspires them. As a leading global platform for buying and selling 20th and 21st century works, Phillips offers dedicated expertise in the areas of Modern and Contemporary Art, Design, Photographs, Editions, Watches, and Jewelry. Auctions and exhibitions are primarily held in New York, London, Geneva, and Hong Kong, with representative offices based throughout Europe, the United States and Asia. Phillips offers a regular selection of live and online auctions, along with items available for immediate purchase. Phillips also offers a range of services and advice on all aspects of collecting, including private sales and assistance with appraisals, valuations, and financial planning.

Visit phillips.com for further information.

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

PRESS CONTACTS:

LONDON – Katie Carder, Head of Press and Corporate Communications, Europe kcarder@phillips.com

LONDON – Anna Chapman, Press & Strategic Partnerships Officer achapman@phillips.com

PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022

PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX

PHILLIPS HONG KONG – G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon

07 November 2023

Phillips’ Inaugural Geneva Jewels Auction: ONE Achieves CHF 19.5 Million / $21.7 Million