Sotheby’s To Sell $30-Million Ruby, $35-Million Diamond At New York Magnificent Jewels Auction June 8

Forbes Lifestyle Watches & Jewelry Sotheby’s To Sell $30-Million Ruby, $35-Million Diamond At New York Magnificent Jewels Auction June 8 Carol Besler Contributor Opinions expressed by Forbes Contributors are their own. Following Jun 5, 2023, 08:14pm EDT | Press play to listen to this article! Got it! Share to Facebook Share to Twitter Share to Linkedin The Eternal Pink, a 10. 57-carat flawless pink diamond expected to sell at Sotheby’s for $35-million.

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[+] Sotheby’s Sotheby’s is offering a 10. 57-carat flawless pink diamond at its Magnificent Jewels auction in New York June 8, expected to sell for more than $35-million. The sale also includes a 55.

22-carat Mozambique ruby, estimated to sell for $30-million. Also on the block are selections from the collections of Constance Prosser Mellon and Constance “Connie” Barber Mellon, the mother and daughter duo who were members of one of America’s most prominent philanthropic families. The Eternal Pink, a 10.

57-carat flawless pink diamond expected to sell at Sotheby’s for $35-million. . .

. [+] Sotheby’s The Eternal Pink diamond is internally flawless and rated as a fancy vivid purplish pink, the most valuable of that color ever to appear at auction. It is cut in a cushion shape and set into a ring and flanked by two diamonds.

It has the highest price per carat estimate ever placed on any diamond or gemstone ($3,311,258). The 55. 22-carat Estrela De FURA” ruby, expected to sell for $30-million at Sotheby’s.

Sotheby’s The sale also includes the 55. 22-carat “Estrela De FURA” ruby, expected to sell for $30-million. The ruby was mined in Mozambique, by FURA Gems.

It has outstanding clarity and a vivid red hue known as pigeon’s blood. It is the largest gem-quality ruby ever to appear at auction, and is set to test the record for a ruby at auction: the Sunrise Ruby, a 25. 59-carat Burmese ruby, sold for $30.

3-million ($1,185,451 per carat) at Sotheby’s Geneva in 2015, and still holds the world auction record for a ruby. MORE FOR YOU New Security Warning Issued For Google s 1 8 Billion Gmail Users Congress Introduces A Game Changing Crypto Bill Amid 350 Billion Bitcoin Ethereum BNB And XRP Price Pump ‘Fear The Walking Dead’ Season 8, Episode 4 Review: Maybe Watch At Double Speed The 55. 22-carat Estrela De FURA” ruby, expected to sell for $30-million at Sotheby’s.

Sotheby’s Signature pieces from the collections of Constance Prosser Mellon and Constance “Connie” Barber Mellon, made by Cartier and David Webb, are also featured in the auction. “Like Bunny Mellon, Constance and Connie were staples in society with legacies to match. Considered to be ineffably glamorous, the mother/daughter duo were praised for being ahead of their time in the world of fashion and jewelry, and this is expertly demonstrated in their collection of bold, yet timeless designs,” says Catharine Becket, head of Sotheby’s Magnificent Jewels auctions in New York.

A Cartier platinum, sapphire and diamond necklace from the Constance Mellon collection, to be sold . . .

[+] at Sotheby’s. Sotheby’s Highlights include a Cartier necklace with five Kashmir sapphires totaling about 35 carats, accented by round, baguette and square-cut diamonds. sapphire and diamond necklace made in the 1950s, estimated at $2.

5-million – $3. 5-million. There is a matching ring set with a 33.

51-carat Burmese sapphire ring, flanked by two diamond baguettes, estimated at $1. 5-million – $2. 5-million.

Also by Cartier is a ring set with a 9. 90-carat Colombian emerald and diamond ring with a top estimate of $250,000. A Cartier platinum, sapphire and diamond ring from the Constance Mellon collection, to be sold at .

. . [+] Sotheby’s.

Sotheby’s The David Webb pieces include a ruby, emerald, enamel and diamond “elephant” brooch with a top estimate of $60,000, and a ruby and diamond necklace and ring, estimated at $50,000 and $60,000 respectively. Emerald, ruby and diamond brooch by David Webb, from the Mellon collection, to be sold at Sotheby’s . .

. [+] June 8. Sotheby’s Carol Besler Editorial Standards Print Reprints & Permissions.