Fancy Vivid Purple-Pink Diamond Ring Sets Record at Sotheby’s Sale

Rapaport reported that the top lot at Sotheby’s Magnificent Jewels and Jadeite sale was an 8.41-carat, internally flawless, fancy vivid purple-pink diamond ring that sold for $17,768,041, or $2.1 million per carat. That is a world auction record.

As quoted in the market news:

Rounding out the top three lots,  a 3.32-carat, internally flawless, fancy vivid blue, emerald-cut diamond ring sold for $5,355,670 and a 35.72-carat, step-cut emerald and diamond ring achieved a sales price of $4,345,361.

Sotheby’s stated that a 17.16-carat, unheated Kashmir sapphire and diamond ring set a world record price per carat of $236,404, for a total sales price of $4,056,701.

Click here to read the full Rapaport report.