Auction Analysis Archives | Page 22 of 22

Auction Analysis

Christie’s Hong Kong Sets World Record for a Red Diamond at Auction

Christie’s auction on November 25th in Hong Kong was led by several fancy color diamond jewels, but the standout is a striking 2.09 ct, heart-shaped, Fancy Red, SI2 diamond ring by Moussaieff which sold for $2,440,000 price per carat (Christie’s, Lot 2103), breaking the world auction record for a red diamond.

Is $3.3M Price-Per-Carat Truly A Record-Breaking Sale For A Blue Diamond?

Sotheby’s latest auction in New York on November 20th set a new auction record for price per carat for any diamond. Onlookers may contend that the sale of the rare Fancy Vivid Blue diamond will affect the market price of blue diamonds, but this stone should not set a new benchmark for blues – it is a stone with exceptional qualities and it remains in a class by itself.

Despite Varied Expectations, It’s Business As Usual for Fancy Color At Auction

Fancy color diamond sales at the recent Geneva auction held by Christie’s and Sotheby’s surpassed the mixed expectations fueled by the diamond industry. Though short lulls in the diamond market occur every 5-7 years, the current state of the market is triggered by global political unrest rather than natural ebb and flow.

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