Wednesday, November 02, 2005

Breathtaking Diamonds Auctioned at Christie's

Christie's recent "Magnificent Jewels" auction net approximately $36 million in sales. Among the most notable transactions, the "Rose of Dubai", a Pear shape 25.02 carat Fancy Pink diamond which sold for more than $6 million. With fierce competition among 4 bidders, the diamond realized a staggering $240,000 per carat price. The winner of this bidding competition was Amer Radwan of Dubai.

Among other top items was a Pear shape 33.11 carat D Flawless diamond which sold to diamond jeweler Laurence Graff for $2.48 million, and an Oval 4.24-carat Fancy Vivid Blue, Internally Flawless diamond ring by Harry Winston, which went for $1.8 million to an anonymous buyer.