A new auction record was set this week in Christie’s Geneva Magnificent Jewels sale – a 92-carat D Flawless heart-shaped diamond sold for $14.9 million. The price, which includes buyer’s premium, sold just above its $14 million low estimate.
The diamond is known as, “La Legende” and was created by Boehmer et Bassenge, a high jewellery house that was launched a year ago and named in honour of Charles Boehmer and Paul Bassenge, renowned Parisian jewellers of the 18th Century.
It was the top selling item of the sale held at the Four Seasons Hotel des Bergues achieving $94.5 million, with 85% of the 267 lots sold by lot and 90% sold by value.
The previous record had been set six years ago at Christie’s, with a 56-carat stone that sold for $10.9 million.
Another big sale for the evening was a 15.03-carat unheated Burmese ruby mounted on a diamond ring that fetched $12.9 million ($861,000 per carat), within its estimate of $10 – $15 million.
In addition, a 7.97-carat fancy intense blue cushion-shaped diamond fetched more than $12.7 million, smashing its $3 million high estimate and setting an auction record price per carat at $1.6 million, according to Christie’s.