RESULTS: Milan Important Jewels

Christie's Milan sale of Important Jewels totaled € 5,060,230 / $ 7,170,345, more than +21% versus May 2010. The top lot was an octagonal-cut H, VVS2 diamond ring of 12.01 cts, by Bulgari (lot 461), which sold for €315,800 / $447,488 ($37,258 per carat).

Milan

Sold:

€ 5,060,230

£ 4,402,400

$ 7,170,345

Sold lots: 322

Lots offered: 458

Sold by lot: 71%

Sold by €: 89%

Exchange rate : €1 = £0.870 / $1.417

 

Lot

Description

 

Estimate (€)

 

Purchase Price

Buyer

461

An octagonal-cut H, VVS2 diamond ring of 12.01 cts, by Bulgari

$37,258  per carat

120,000 - 200,000

€315,800

£274,746

$447,488

Italian Private

431

A pair of natural pearl and diamond ear pendants

25,000 - 35,000

€303,200

£263,784

$429,634

International Trade

406

A diamond line bracelet

70,000 - 100,000

€227,600

£198,012

$322,509

Anonymous

453

An octagonal-cut Ceylon (Sri Lanka) sapphire ring of 21.17 cts

$15,234 per carat

35,000 - 45,000

€ 227,600

£198,012

$322,509

European Trade

439

A pair of natural pearl and diamond ear pendants, by Bulgari

40,000 - 60,000

€215,000

£187,050

$304,655

European Trade

441

An octagonal-cut fancy yellow, VVS1 diamond ring of 16.34 cts

120,000 - 160,000

€189,800

£165,126

$268,946

Anonymous

460

An old-cut diamond ring of 15.04 cts

30,000 - 40,000

€133,100

£115,797

$188,602

International Trade

438

A ruby bead and diamond necklace, by Bulgari

80,000 - 140,000

€114,200

£99,354

$161,821

International Trade

454

An unmounted circular-cut F, IF diamond of 4.24 cts

70,000 - 100,000

€114,200

£99,354

$161,821

International Trade

444

A circular-cut D, VVS1 diamond ring of 4.49 cts, by Cusi

50,000 - 70,000

€107,900

£93,873

$152,894

Anonymous

 

Francesco Alverà, Head of the Jewellery Department at Christie’s Italy, commented:

With a total of more than €5 million, Christie's Jewelry auction in Milan achieved one of the highest results ever obtained by the category in Italy, reconfirming the absolute leadership of the auction house in this country. More than 180 different buyers from five continents pursued the sale’s 322 lots, competing vivaciously in the room, on the telephone, and online. The top lot, an important octagonal-cut diamond ring of 12.01 cts, sold to an Italian private collector for €315,800 (€26,294 per carat). Additional strong performers included a magnificent ring with a Ceylon (Sri Lanka) sapphire of 21.17 cts, which sold for €227,600 (€10,751 per carat), as well as a particularly rich section of BVLGARI jewels, and a selection of natural pearls.”

Contact:

Cristiano De Lorenzo                           +44 7500 815 344                          cdelorenzo@christies.com

Next Sale:

The next Jewellery Sale in Milan will take place on 25 November 2011.

 

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).

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