While the tough economic times have precious the average diamond shopper, the extremely wealthy shoppers are on a buying spree. At Christie’s jewelry action October 21 in New York, it was as if the depression never happened.
An anonymous buyer purchased a 32.01-carat D color, within Flawless, type IIa Asscher cut diamond ring for $7.7, which was approximately double the $3 million to $5 million pre-auction estimated value. At $240,000 per carat, the sale set a original world record for a colorless diamond.
The Annenberg Diamond’s before owner was Leonore “Lee” Anneberg, who died in March at the age of 91. She was the US Chief of procedure in the Reagan administration and was the wife of billionaire publisher Walter Annenberg, who died in 2002. Other big dollar items sold at the auction integrated a pair of pear pendants with a 7.18-carat Fancy-Blue pear-shaped diamond and an 8.04-carat Fancy Light Pink colored pear-shaped diamond, which sold for $1,426,500. A pair of earrings featuring D color, within Flawless pear-shaped diamonds (7.51 carats and 8.18 carats) sold for $1,202,500.
