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  • Press release
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  • New York
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  • For immediate release
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  • 8 June 2021

Christie's New York Magnificent Jewels achieves $26,559,250 | June 8, 2021

Led by the Dancing Sun, the Chrysler Diamond, and the largest selection of

Jewels by JAR ever presented at auction

(From left to right)

THE DANCING SUN THE LARGEST POLISHED DIAMOND
MINED IN NORTH AMERICA
Fancy intense yellow diamond of 204.36 carats
PRICE REALIZED: $4,950,000

THE CHRYSLER DIAMOND
A MAGNIFICENT DIAMOND PENDANT NECKLACE
Pear-shaped diamond of 54.03 carats, D color, Internally Flawless
PRICE REALIZED: $5,070,000

JAR
DIAMOND 'BRANCH UNDER SNOW' BANGLE BRACELET
PRICE REALIZED $1,890,000 

New York – Christie’s New York June 8 auction of Magnificent Jewels achieved a total of $26,559,250 118% hammer above low estimate, 94% sold by value, and 87% sold by lot. The preceding Jewels Online sale from May 20 to June 4 additionally achieved a total of $3,485,125 with 157% hammer above low estimate and 97% sold by lot. Combined the two sales realized $30,044,375.

The top lot of the sale was The Chrysler Diamond, a magnificent pear-shaped diamond of 54.03 carats, D color, Internally Flawless that sold for $5,070,000. The story of this exceptional stone began in 1958, when Harry Winston purchased what was then known as the Louis XIV Diamond from the estate of Thelma Chrysler Foy, daughter of Walter Chrysler, railroad and automotive executive and namesake of  New York City’s iconic Art Deco skyscraper.

Also headlining the sale was The Dancing Sun, a fancy intense yellow diamond of 204.36 carats, VVS2 clarity, and the largest polished diamond mined in North America, which achieved $4,950,000. This exceptional stone, along with six additional diamonds (Lots 62-67) ranging from 14.52 to 1.06 carats, were cut and polished from the largest gem quality rough diamond unearthed in North America. Weighing 552.74 carats, the rough was uncovered in 2018 from the Diavik Diamond Mine.

Specially featured was an important selection of Jewels by JAR: Property from an Important West Coast Collection. Spanning 19 exquisite creations, the section was the largest selection of JAR pieces ever offered at auction and collectively totaled $5,931,250 with many lots greatly exceeding initial estimates. The selection was led by the diamond ‘Branch under Snow’ bangle bracelet, which was exhibited at The Metropolitan Museum of Art in 2013-14, and sold for $1,890,000 against its low estimate of $400,000.

Additional highlights included The Flawless Match, a superb colored diamond and diamond ring made up of a fancy vivid blue pear-shaped  diamond of 2.52 carats and a pear-shaped  diamond of 2.43 carats, D color, Internally Flawless, Type IIa that achieved $2,910,000; a fancy intense purplish pink diamond of 2.58 carats, which sold for $675,000 against a low estimate of $200,000; a rare fancy gray-blue diamond ring of 4.10 carats that realized over three times its estimate selling for $846,000; and an emerald-cut diamond of 11.93 carats, G color, VS2 clarity, by Harry Winston that sold for $425,000.

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvador Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn2022), for a single charitable collection sale (the Collection of Peggy and David Rockefeller, 2018), and for a work by a living artist (Jeff Koons’ Rabbit, 2019).

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability through net zero carbon emissions by 2030, and actively using its platform in the art world to amplify under-represented voices and support positive change.

Browse, bid, discover, and join us for the best of art and luxury at: www.christies.com or by downloading Christie’s apps. The COVID-related re-opening status of our global locations is available here.