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First Diamond Auction Made Every Retailer Satisfied With Diamond Deals

2005: First Diamond Auction Shows the Interest of Customers in Diamond

March 2005

While the major auction season for the year doesn’t get underway until later this spring, the first jewelry auction of 2005 for auction house Christie’s started the year on a positive note. In the sale, out of Christie’s St. Moritz office, three quarters of the lost sold, including some important diamonds.

“The diamond market continues to be strong, especially for certified stones,” said Eric Valdieu, head of Christie’s Switzerland jewelry department.

Among the highlights were:

A17.23 ct. H, VS1 cushion-shaped diamond sold for $476,581, or $27,660 per carat.

A 26.71 ct VS1 fancy intense yellow radiant-cut diamond sold for $457,436, or $17,000 per carat.

A 13.19 ct., D, VVS2 brilliant-cut stone sold for $438,290, or $33,230 per carat.

An 8.59-ct. D, VVS1 pear-shaped diamond sold for $361,709, or $42,100 per carat.

A 10.52 ct., G, IF marquise-cut diamond sold for $215,384, or $20,500 per carat.


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