Gorgeous pear-shaped diamond ring estimated to fetch $2,400,000 at Sotheby’s Important Jewels auction

When it comes to auction’s houses with the most priceless jewels, Sotheby’s is definitely a frontrunner. The auction house’s autumn sale slated for October 19 will only re-instill this belief. The auction titled Important Jewels will boast of some of the most precious and exquisite jewels and is estimated in excess of $9 million. The various jewels featured in this sale are from private American collections as well as a selection of high quality white diamonds and signed and period pieces. The centerpiece or the show stopper of this sale is the gorgeous pear-shaped diamond ring. Weighing 29.53 carats, this precious D color stone has been determined by the Gemological Institute of America to be both potentially flawless and type lla. This exquisite ring is estimated to fetch between $1,800,000 and $2,400,000 i.e. around $61,000 per carat. The ring which is on offer from the Property of a New York Estate collection is sure to fetch its estimated sum. Dazzling and shining, this ring will certainly bedazzle bidders.

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Besides this ring, the other jewels on auction at this sale are a beautiful diamond studded butterfly brooch-Bulgari (est. $50,000-$70,000), platinum and diamond Barrette (est. $20,000-$30,000). There is also a cute pink diamond elephant brooch (est. $15,000-$20,000). The sale will also feature many high quality white diamonds weighing less than 10 carats. Colorful jewels at the sale include a Tiffany and Co.’s Fancy Vivid Yellow Diamond ring (est. $250,000-$350,000) as well as an 18 ct gold, diamond and Amethyst “Botticelli” necklace by Van Cleef & Arpels (est. $50,000-$70,000).
All the precious jewels on sale will be on exhibition from October 14 at Sotheby’s New York galleries.

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