Rare blue diamond could fetch up to $15 million
STORY: This rare blue diamond could fetch
up to $15 million in auction
The 31.62 carat diamond is part
of the "Magnificent Jewels" sale
the final live jewelry auction of the year
for Christie's New York
Another sale highlight is a diamond
palm-tree brooch mounted by Cartier
which is expected to sell for at least $500,000
(Angelina Chen, Christie’s)
“This year the jewelry market has been very, very, very strong. We hear things about retail sales and all that, but the jewelry market is a little special because we do handle really rare and beautiful gemstones and signed pieces from design houses like Cartier, Tiffany and Van Cleef & Arpels. So, the client base is still actively acquiring pieces and looking for things that are special.”