$5 Million Pearl Necklace – Pawn Jewelry Boca Raton

The last couple of years have seen record highs when it comes to jewelry sales at auction.  Rare and colored diamonds are consistently selling in the millions and tens of millions of dollars.  These important pieces auctions draw wealthy bidders from all over the world.  Some from Hong Kong, some from New York, and even high end jewelers looking to buy and sell for a profit.  But just recently a pearl necklace set a record for the highest price paid for natural colored pearls.  It sold for $5 million at Christie’s New York auction.  It had pearls measuring from 4.90 mm to 12.65 mm.  It was purchased by a private buyer from Asia.  All together there was $41.9 million sold at this auction.  We’d love to see some of that come in to pawn jewelry Boca Raton.

This ring features a 5.29 carat fancy intense purplish pink diamond.  It sold for $5.8 million or just over $1 million per carat!  It was actually purchased by a member of the U.S. trade which means he thinks he can sell it for even more.

This ring features a 9.40 carat cushion-shaped Burmese ruby.  It was purchased for $2.1 million.  It only had a pre-sale estimate of $1 million.

This is an 11.03 D color internally flawless cushion-cut diamond by Graff.  It sold to a private buyer for $1.3 million.

This is a pair of cushion shaped, H color, VS2 clarity diamonds.  They weigh 10.82 and 10.42 carats respectively.  $809,000 was the final selling price for this lot.