$1.1 million for a rare 15.5-carat yellow diamond

Out of the 91 lots offered, 66 were successfully sold, indicating a sales rate of 73 percent by lot and 76 percent by value. Benoît Repellin, Phillips Jewels' global head of jewelry, and Louisa Chan, the head of the sale, emphasized that fancy colored diamonds were the standout performers, driving the auction's success. They highlighted that the sale demonstrated the enduring global appetite for rare and significant jewels across various categories. Additionally, vintage signed pieces attracted strong interest, exemplified by a stunning turquoise and diamond necklace by Van Cleef & Arpels, which fetched $584,302—nearly quadrupling its pre-sale high estimate. The demand for Burmese rubies, emeralds, and sapphires was also noteworthy.
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Coming up next is the Phillips Geneva Jewels Auction scheduled for May 13th, featuring an exceptional 6.2-carat Fancy Vivid Pink diamond ring projected to command between $10.5 million and $15 million. This pink diamond ring, classified as Type IIa, boasts VS1 clarity, along with intense saturation, a vivid hue, and impeccable polish and symmetry.

Also up for grabs is the impressive 280.8-carat Colombian emerald dubbed "The Amazon Queen," anticipated to sell for $1.5 million to $2.6 million, alongside a rare red diamond named "The Argyle Phoenix," estimated to fetch between $1 million and $1.5 million.

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