The Geneva Jewels Auction: TWO at Phillips Achieves CHF23.6 Million / $26 Million

Benoît Repellin, Phillips’ Worldwide Head of Jewellery, said “We are thrilled with the result of CHF 23.6 million achieved today, building on the success of Phillips' first Jewels sale in Geneva last November. The Geneva Jewels Auction: TWO showcased outstanding pieces, notably the Exceptional Fancy Vivid Pink diamond ring, fetching CHF 10.8 million, marking it as the star lot of the season across Geneva auction houses. 'The Argyle Phoenix', the largest known round brilliant Fancy Red diamond, achieved both an auction record for a red diamond and a record price per carat for a round fancy red diamond at CHF 3.8 million, selling to Mr Laurence Graff. Another standout was 'The Amazon Queen' Emerald, weighing 280.84 carats, which sparked a 30-minute bidding war, ultimately selling for CHF 2.7 million. A further highlight was the Sapphire and diamond ring which soared to CHF 196,850, over five times the pre-sale low estimate. Notable jewels from esteemed houses like Cartier, Van Cleef & Arpels, and Harry Winston, alongside exquisite coloured diamonds, sapphires, and emeralds, also achieved impressive results. We are truly proud of today's achievements and extremely grateful to all the collectors who continue to put their trust in us and to the dedicated bidders who participated— particularly those who journeyed to join us at our new venue in the Hotel President. We eagerly await our next Jewels auction in New York on 12 June, where we are excited to carry this momentum forward.”

 Top Ten Lots