This was a record breaking year for jewels and diamonds with many pieces sold at auction for double or triple their estimates. Here’s a look at some of the record smashing gems of 2012:
A 10.48-carat fancy deep blue briolette-shaped diamond sold for $10.9 million at Sotheby’s on Wednesday, setting two world auction records.
Selling for slightly more than $1 million per carat, the flawless diamond set the world auction record for price per carat for a fancy deep blue diamond and the world auction record for a briolette.
A Van Cleef & Arpels ring featuring a 43.16-carat rectangular-cut sapphire sold for $1.6 million at a recent Bonhams auction in Hong Kong, setting a new price per-carat auction record for a Sri Lankan sapphire. Sold for $36,000 per carat, breaking the previous record for a Sri Lankan sapphire, which was $26,000 a carat.
A 6.54 ct. fancy intense pink diamond ring from the collection of Evelyn H. Lauder sold for $8.59 million at the Dec. 5 Sotheby’s Magnificent Jewels auction in New York City. This exceeds its $5 million estimate and works out to $1.3 million a carat.
76.02 cts. Archduke Joseph Diamond sold for 21 million – more than triple the price paid for it at auction almost two decades ago.
3.15-carat fancy reddish-orange diamond, sold for $2.1 million, setting new world records for both a reddish-orange diamond at auction and the price-per carat for that particular hue at $666,200.