48-Carat Diamond Ring May Fetch $3.5 Million at Auction

Anthony DeMarco
Forbes

Two diamond rings will lead Christie’s Important Jewels sale to be held June 14 at the international auction house's  New York location.

The first is a ring set with a 46.51-ct. oval-cut diamond, flanked on either side by a pear-shaped diamond, weighing approximately 1 and 1.01 cts., mounted in platinum (pictured above). The oval cut diamond is graded as E color with VVS2 clarity. The two pear shaped diamonds have been graded as D color, VS1 and VS2 clarity, respectively. The presale estimate is $2.5 to $3.5 million.

The second ring being sold at Christie's Rockefeller Plaza location is set with a pear-shaped diamond weighing 10-ct., flanked on either side by a pear-shaped diamond, each weighing approximately 1.02 cts., mounted in platinum. The pear-shaped diamond is graded as D color, internally flawless clarity and the two side diamonds are graded as D color and internally flawless. The presale estimate is $1.1 million to $1.5 million.

The auction of 125 lots will also feature a number of statement jewels from the top jewelry houses, including multiple pieces from Cartier and Tiffany. Among the items is a diamond, sapphire and emerald “Panther” ring by Cartier. Designed as a pavé-set diamond panther, the ring is set with cabochon sapphire spots, pear-shaped emerald eyes and a black enamel nose with a cushion-cut sapphire, mounted in platinum on the tip of the tail. Its estimate is $20,000 to $30,000.

 

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