$29.7 million worth of Jewels Sold at Southeby’s

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$29.7 million worth of Jewels Sold at Southeby’s

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Sotheby’s, the multinational broker of art, jewelry and real estate has sold $29.7 million worth of jewelry at two auctions in New York last week. The most expensive item came from philanthropist Marjorie Fisher’s collection which fetched $1.8 million.

The marquise diamond (pictured above) was an 18.04-carat, D-color, VVS1-clarity. The diamond had a pre-sale estimate of  $1.25 million to $1.75 million however after a bidding war between five in room bidders and one on the telephone it sold for $1.8 million.

This diamond was one of more than 300 jewels that were owned by the late Marjorie Fisher who spent much of his life raising money for philanthropic and political endeavors and was a supporter of charitable and civic organizations.

Other significant lots, included a pear-shaped, 18.10-carat, D-color, VS1-clarity diamond ring, which sold for $1.5 million. Separately, a cushion-cut, 10.19-carat, D-color, internally flawless diamond went for $1.3 million.