POST SALE RELEASE: Geneva Magnificent Jewels

Christie's Geneva Sets New World Record Prices For a Heart-Shaped Diamond, For any Sapphire and for any Indian Jewel Sold at Auction

Geneva

Christie's sale of magnificent jewels in Geneva achieved a total of more than $78M, the highest result for any jewellery auction ever held by the auction house in Switzerland. The top lot was a 56 ct heart-shaped diamond, which sold for more than $10M becoming the most expensive heart-shaped diamond ever sold at auction.

François Curiel, President of Christie's Switzerland: The jewellery sale in Geneva was marked by strong bidding with moments of passionate enthusiasm, exemplified by an antique Imperial Mughal spinel necklace realising more than $5M. While the ‘blue chip’ diamonds and coloured diamonds were in great demand, a 130 ct Burmese sapphire stole the show at $7.1M. Forty-two years after our first sale in Switzerland, Geneva remains a vital, specialised auction centre in today’s global market.”

The TOP LOT of the sale was a heart-shaped D colour, internally flawless, type IIa diamond of 56.15 cts which sold for US$ 10,946,422, becoming a world auction record for any heart-shaped diamond

Previous record for a heart-shaped diamond:
Heart of the Desert Diamond
A heart-shaped D, internally flawless, diamond of 64.42 cts
Sold on 16 November 1994 at Sotheby’s Geneva for US$ 5,248,846 (SFr. 6,823,500).

A cushion-cut Burmese sapphire of 130.50 cts sold for US$ 7,122,742, achieving a new world record price for a sapphire at auction. 

Previous record for a sapphire:
A cushion-cut Kashmir sapphire ring of 42.48 cts
Sold on 28 November 2008 at Christie's Geneva for US$ 3,475,210 (SFr. 4,187,000).

An Imperial Mughal spinel necklace sold for US$ 5,210,902 setting a world record price for any Indian jewel at auction (illustrated left).

Previous record for an Indian jewel:
A Mughal ruby, emerald and jade covered flask
North India, first half of 17th Century
The Clive of India Treasure
Sold on 27 April 2004 at Christie’s London for US$ 5,210,209 (£2,917,250).

About Christie’s

Christie’s, the world's leading art business had global auction and private sales in 2010 that totaled £3.3 billion/$5.0 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christie’s offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s has 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Zurich, Dubai and Hong Kong. More recently, Christie’s has led the market with expanded initiatives in emerging and new markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai.

 

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

 

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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 single 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 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.