Saturday, April 5, 2008

Honey, Can I Have The Checkbook? I'll Be At Christies

Hedge Fund Honchos and Oil Oligarchs, have I got the auction for you.
Who else can buy these big rocks.
While the US is entering into cyclical recession...these major rocks are going up for sale at Christies.
Again from Idex:

Rare 39.34 Carat Cushion Cut Diamond Expected to Sell for $6-8 Million at Christie’s
(March 31, '08, 8:23 IDEX Online Staff Reporter)
An extremely rare cushion-cut 39.34 carat D / internally flawless diamond will be offered for auction by Christie’s in New York City on April 16. The stone, designated Type IIa, with perfect symmetry and cut, is estimated to garner $6-8 million.

Among the additional jewels to be offered in the New York Sale are a 27.91 carat rectangular cut D / potentially flawless diamond ring and a 21.09 carat pear shaped D / potentially flawless diamond ring, both by Harry Winston and both expected to realize $2-3 million each.

Accompanying the first diamond ring will be an identical simulated copy, also mounted by the iconic jeweler. A superbly faceted rectangular cut D color, internally flawless 18.44 carat diamond, estimated to go for $1.62-2.2 million, will complete the selection of colored diamonds.

A 40.39 fancy intense yellow rectangular cut diamond, mounted by Bulgari, is estimated to sell for $500,000-700,000. In addition, a pair of fancy yellow diamonds, 29.08 and 28.19 carats each, estimated at $800,000-1,200,000, will also be auctioned.

A number of pieces from the jewelry collection of author Danielle Steel will be offered, including a diamond and black coral owl brooch by Van Cleef & Arpels (estimated at $15,000-25,000) and a pair of sapphire and diamond “Trumpet Flower” ear clips by Jean Schlumberger, Tiffany & Co., estimated to sell for $18,000-22,000.

Part of a collection of rare diamonds, a pair of pear shaped D / internally flawless diamonds of 4.56 and 5.06 carats are expected to sell for $750,000-1,000,000.

These are some major rocks and I'm predicting that they will sell for at least 15% above the estimates.
We'll see.
Digg this

No comments:

Add to Technorati Favorites