Fancy colored diamonds, private collections top the auction at Sotheby’s in New York

A fancy colored diamond, known as “The Indian Blue”, is the flagship lot at the upcoming Sotheby’s New York Magnificent Jewels sale on December 10. The 7.55 carat deep greyish blue fancy diamond with SI2 clarity is set on a ring flanked by two shield-shaped diamonds. His estimate is $ 6-8 million.

More than 200 pieces of jewelry with estimates ranging from $ 5,000 to $ 8 million will be on sale in the galleries of Sotheby’s York Avenue. It includes a number of pieces of notable provenance, including jewelry belonging to Mary Duncan Sanford, Charlotte Ford and Princess Natalie Paley; as well as fancy colored diamonds, signed jewelry and even creations by iconic surreal artist, Salvador Dalí.

Lot number two of the sale is a flexible bracelet called “The Majestic Pink” made up of 204 radiant and marquise-shaped diamonds of various pink and red fancy diamonds weighing approximately 43.34 carats. The piece was created by New York jeweler Carvin French. All fancy-colored diamonds come from the Argyle mine in Australia, the source of over 90% of the world’s pink diamonds. Pink Argyle diamonds are already prized for their rarity and beauty, but the value of these diamonds is expected to skyrocket beyond already record prices as the mine is expected to close in 2020. Originality listed as “price on request,” said Sotheby’s in a press release. statement that his estimate is around $ 3 million.

Lot number three of the sale is a very rare fancy red diamond mounted on a diamond ring. Red diamonds are among the rarest and most valuable diamonds of any color, accounting for approximately 0.01% of diamonds unearthed historically. Sotheby’s claims that only a handful of these fancy-colored diamonds exceed one carat. His estimate is $ 1.8-2.8 million.

The next major batch contains both gems and an exceptional design pedigree. This is an Iris de Verdura brooch centered with a fancy bright yellow 14.37 carat brilliant-cut diamond with petals set with cabochon sapphires, enhanced with round diamonds. Sotheby’s says the yellow diamond, in “its intensity and quality is unlike anything we’ve seen on the market in recent years.” The piece was commissioned in 1999, long after the death of Fulco di Verdura, the famous Italian jeweler artist. The Verdura brand continued after his death and still exists in New York City. His estimate is $ 1.6 million to $ 2.4 million.

Private collections on offer include 16 pieces from Mary Duncan Sanford’s collection, featuring both diamonds and signed decorative jewelry that suited her Palm Beach lifestyle. The collection reflects her glamorous beginnings as a 1930s silent film actress and her second act as a wife, philanthropist, hostess and socialite, says Sotheby’s. Among the pieces on offer, two Van Cleef & Arpels creations: a diamond necklace suspending a fringe of large marquise-cut diamonds (estimate $ 125,000 – $ 175,000), and a Mughal-inspired necklace of carved emeralds, rubies and of diamonds (estimate $ 150,000 – $ 200,000).

The auction will also include a group of jewelry from a family collection inherited from Mrs. John C. Wilson, formerly Princess Natalie Paley. Daughter of Grand Duke Paul Alexandrovich, uncle of the last Russian Czar, Nicholas II, Paley fled Russia with her mother and sister to live in Paris in the 1920s. She became a model for Vogue and eventually met her. husband, Broadway producer and director John C. “Jack” Wilson. During her time in the fashion world, she befriended the jewelry designer Fulco di Verdura, who, along with Baron Nicolas de Gunzburg, accompanied her to the United States in 1934. a cross of Malta stylized and embellished with cabochon emeralds (estimate: $ 20,000 – $ 30,000); and a gold, platinum and diamond brooch (estimate: $ 7,500 – $ 10,000).

The sale also includes Harry Winston pieces from the collection of legendary Fort Worth philanthropist Nenetta Burton Carter (1895-1983), wife of Amon G. Carter. Among them are ear clips with two drops of pinkish-brown fancy diamonds, weighing 12.41 and 11.15 carats, enhanced with colorless diamonds with an estimate of $ 600,000 to $ 800,000.

Added to this is a collection of jewelry from Charlotte Ford, the eldest daughter of Henry Ford II of Detroit. Highlights include a matching Van Cleef & Arpels set consisting of ear clips composed of gold, fancy intense yellow diamond, colored diamond and emerald (estimate: $ 250,000 – $ 350,000) and an intense yellow fancy brooch in diamond, diamond and emerald (estimate: $ 250,000 – $ 350,000).

There is a growing interest in the jewelry created by Salvador Dalí. The surrealist artist is known for his striking and bizarre paintings and sculptures, but he also made his mark in the world of fine jewelry. The Jewelry Museum in Vicenza (Italy) is near the end of a year-long exhibition featuring 18 sculpted pieces of Dalí jewelry. For the auction there are five Dalí jewels created in collaboration with jewelers, Carlos Alemany d’Alemany & Co and Henryk Kaston. “The pieces on offer demonstrate the artist’s playful experimentation with motif, form and medium,” Sotheby’s said. Highlights include an “Eye of Time” brooch in enamel, diamonds and rubies, 1949 (estimate $ 15,000 to $ 20,000); a “Ruby Lips” brooch in ruby ​​and cultured pearls (estimate $ 8,000 – $ 12,000); and a gold, cultured pearl, tourmaline, ruby ​​and diamond clip brooch (estimate: $ 8,000 – $ 12,000).

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