Christie’s Fails to Sell Eye of Golconda

Blouin Artinfo reported that the Eye of Golconda, a necklace featuring emeralds and two Golconda diamonds, failed to sell at the recent Christie’s Hong Kong Magnificent Jewels auction. It had been expected to go for US$10 million.

As quoted in the market news:

The top lot of the sales was a pair of pear-shaped D color diamond ear pendants of 25.49 and 26.31 carats, which sold for $9.74 million (or $191,746 per carat). A jadeite bangle claimed the third highest spot, selling for $5.24 million.

The auction house did set a new world auction record price for an intense green diamond with a 6.13 carats cushion-shaped diamond ring selling for a little over $3.64 million or $594,510 per carat.

Click here to read the full Blouin Artinfo report.