Sotheby’s Top 10 – Loan for Jewelry Boca Raton
Would you spend $30 million on a ruby ring? Well an anonymous bidder did just that at the most recent Sotheby’s auction. A Cartier ring with a 25.59 carat Burmese ruby sold for $30.3 million and set three world records in the process. It is called the “Sunrise Ruby”. It has an untreated pigeon’s blood red color and set the record for highest price paid for a ruby. It also was the highest price paid per carat for a ruby and the highest price paid for a jewel by Cartier. And not only did the stone break records, the auction itself broke the record for most money in revenue for any jewelry auction at $160.9 million. This defeated Christie’s record of $150.2 million in November 2014. Another notable sale at the auction was for the 8.72 carat “Historic Pink” diamond. It is a fancy vivid pink diamond that sold for $15.9 million which actually missed its pre-sale estimate of $18 million. Below is a list of the top 10 sales from the auction. Loan for jewelry Boca Raton.
1. “Sunrise Ruby”
The 25.59-carat “Sunrise Ruby” set three world auction records when it sold for $30.3 million to an anonymous buyer. Sotheby’s said the stone, mounted by Cartier, is “exceptionally and immeasurably rare.”
2. “Historic Pink”
The “Historic Pink” diamond realized $15.9 million, short of its $18 million pre-sale high estimate. The 8.72-carat fancy vivid pink diamond also was sold to an anonymous buyer.
3. “Ivresse” Cartier Necklace
This “Ivresse” necklace by Cartier holds more than 190 carats of diamonds and was purchased for $7.2 million, again by an anonymous bidder.
4. Superb and Extremely Rare Pearl Necklace
This “superb and extremely rare” natural pearl and diamond necklace set a world auction record for a two-row natural pearl necklace when it sold for a little over $7 million. It was only expected to sell for about $500,000.
5. Kashmir Sapphire Brooch by Cartier
Another world auction record was set–price paid for a Kashmir sapphire jewel–when this 30.23-carat Kashmir sapphire and diamond brooch by Cartier realized $6.2 million. The sapphire was described by the Gemological Institute of America as having a “velvety and saturated” color.
6. 31.93 Carat Diamond
This 31.93-carat diamond, set into a ring, garnered just over $4 million at the auction.
7. Natural Pearl and Diamond Necklace
This natural pearl and diamond necklace sold for $3.9 million, more than seven times its pre-sale high estimate of $534,200.
8. Sapphire and Diamond Ear Clips by Cartier
These sapphire and diamond ear clips by Cartier boast “exceptionally well-matched Burmese Mogok sapphires” and sold to a European private buyer for $3.4 million, setting a world auction record for price paid for a pair of Burmese sapphire earrings.
9. Diamond Earrings
An anonymous bidder paid $3.2 million for this pair of diamond earrings.
10. Pearl and Diamond Earrings
These natural pearl and diamond pendant ear clips by Petochi also sold for $3.2 million.
