Christie's Jewels Online Achieves $9,137,352
New York – Christie’s online-only sale Jewels Online and The Flawless Star totaled $ 9,137,352, with 98% sold by lot and 104% hammer above low estimate. The sale attracted global participation from 29 countries with 17% of bids coming from new bidders.
The sale was led by The Flawless Star, a superb round brilliant-cut D-color, Flawless diamond of 45.46 carats, which sold for $4,620,000. The sale set a new record for the most expensive jewel to be sold in an online-only sale. The Flawless Star belongs to the rare Type IIa category, which make up less than 2% of all diamonds. Type IIa diamonds are the most chemically pure and are characterized by their exceptional transparency. These stones have no traces of nitrogen, which creates a purity of color that is observed only in the finest diamonds originating from the fabled mines of Golconda, Brazil and South Africa.
Rahul Kadakia, International Head of Jewellery, Christie’s, remarked: “Christie’s Jewels Online sale in New York achieved $9m led by the Flawless Star Diamond of 45 carats which sold for $4.6m demonstrating immense collector confidence at the highest levels for our online-only platform. We look forward to continuing our spring 2022 jewelry auction season with Magnificent Jewels and The Fuchsia Rose Diamond on 13 April at Rockefeller Plaza.”
Other notable results from the sale include a D color 4.61 carat marquise-cut diamond which achieved $107,100. This lot was followed by another D color cushion-cut diamond of 5.31 carats which achieved a price of $100,800. Another notable result was achieved by the Reza Twin Stone Ruby and Diamond Ring with a final price of $81,900.
