Sotheby’s NY to Deliver Pre-Holiday Treat to Fancy-Colored Diamond Lovers

Ultra-rare fancy-colored diamonds in vivid shades of pink, blue, orange and red will headline Sotheby's Magnificent Jewels auction in New York on December 9.

All eyes will be focused on Lot 75, a colorful ring set with a rectangular mixed-cut 5.03-carat fancy vivid pink diamond flanked by two cut-cornered triangular fancy intense blue diamonds weighing 0.88 carats and 0.77 carats.

The piece comes from a private collection and carries a pre-sale estimate of $9 million to $12 million.

Lot 31 features a heart-shaped fancy red diamond weighing 1.71 carats. The stone centers a heart-shaped pendant pavé-set with rows upon rows of round diamonds and dangles from a 20 1/2-inch chain accented with rose gold heart stations. Interestingly, the reverse is further enhanced by round diamonds.

The romantic pendant has a pre-sale estimate of $2.5 million to $3.5 million. With a little more than two weeks to go before the live auction, online bidders already have pushed the offering price to $2 million.

Orange diamonds rarely hit the auction block, but Sotheby's will have one to offer on December 9. This heart-shaped fancy vivid orange diamond weighs exactly 2.00 carats and is framed and accented by round colorless diamonds. Lot 29 is expected to sell in the range of $1 million to $1.5 million. The top pre-sale bid is currently $800,000.

Another heart-shaped stunner is this 2.29-carat fancy vivid blue diamond encircled by yellow diamonds and near-colorless diamonds. The Gemological Institute of America report accompanying the stone states that the blue diamond is potentially internally flawless. The current high bid is $1.8 million, but Sotheby's believes the hammer price will be in the range of $2.25 million to $3.25 million.

Credits: Images courtesy of Sotheby's.