Sotheby’s sells pink and blue diamond earrings for record US$51 million
Sotheby’s sold a pair of pear-shaped diamond earrings at a hammer price of about US$51 million Tuesday, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction’s highlight fell short of the expected range.
Sold as separate lots to the same unidentified Asian buyer, the “Apollo Blue” and “Artemis Pink” diamonds together barely cracked the low end of the expected range of US$50 million to US$70 million, but nevertheless set a record for earrings sold at auction, Sotheby’s said.
Auctioneer David Bennett, chairman of Sotheby’s international jewelry division, called that a “very healthy price.”
The matching, 16-carat pink diamond went for a hammer price of about US$13.5 million. Overall, the pair went for a total, including fees, of more than US$57 million.
Bennett declined to identify the buyer who snapped up both lots, but the auction house did say the buyer was renaming the gems as “The Memory of Autumn Leaves” for the blue diamond earring and “The Dream of Autumn Leaves” for its pink sister.