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Yellow diamonds are top lot at Christie's New York sale

June 15, 2007

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New York—Christie's New York's "Important Jewels" auction brought in more than $8 million, with 92 percent of the 252 lots selling.

The top lot of the June 13 auction, a pair of heart-shaped fancy vivid yellow diamonds of VS1 quality (lot 160), fetched $756,800. The 6.42-carat, and 6.78-carat diamonds were sold to a private buyer from the Middle East for $57,000 per carat.

A pair of natural gray-and-white pearl and diamond ear pendants (lot 255) sold for $644,800, exceeding the high end of their $250,000-$400,000 estimate by more than $200,000.

The next highest sale, at $384,000, was a modified rectangular-cut fancy vivid yellow diamond of 11.75 carats and VVS2 quality. The stone sold for $32,700 per carat.

Other top lots included an Art Deco bracelet by Cartier (lot 242), which sold for $288,000, and a diamond flower brooch by Harry Winston (lot 219), which brought $168,000.

Christie's London auction, held earlier on the same day, brought in a total of $18.5 million.
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