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Forbes
15-05-2025
- Business
- Forbes
Christie's Geneva Jewelry Sale Achieves $72 Million With All Lots Sold
6.24-carat deep blue internally flawless diamond fetched $12.7 million, a per-carat auction record ... More for a deep blue diamond. It was purchased by Moussaieff Jewellers There were plenty of headlines at Christie's Geneva Magnificent Jewels auction held Wednesday at the Hotel des Bergues. First, the auction of 115 lots was a 'white glove' sale meaning that all lots were sold, which is rare during an international jewelry auction. The sale achieved more than $72.3 million with 77 lots selling above their high estimate. Again, a rare achievement. Second, the top lot was a ring centered with a 6.24-carat fancy deep blue diamond that sold for more than $12.7 million after five minutes of competitive bidding. The potentially flawless gem with VVS2 clarity, sold for more than $2 million per carat, an auction record for a deep blue diamond. Not only was the sale noteworthy but so was the buyer: Moussaieff Jewellers. The London-based family-owned high jewelry house that caters to Middle East royalty, important politicians, international celebrities and affluent Israelis. It is known for purchasing rare stones at auction. Most notable are the 6.04-carat flawless Moussaieff Blue Diamond and the 5.11-carat Moussaieff Red Diamond, the world's largest known red diamond. Alisa Moussaieff, who co-founded the firm with her late husband, Shlomo Moussaieff, said this diamond will be a fitting addition to the company's private collection. 'Moussaieff is delighted to have purchased the most exceptional blue diamond which has come to the market in recent times,' she said. 'The stone deserved to make a world record price, and it now ranks amongst the finest diamonds in the Moussaieff private collection. We believe that the value of this gem will endure given its rarity and beauty. To purchase such an exquisite gem is something we are very proud of.' The JAR 'Apricot Blossom' bangle fetched more than $2.8 million FEATURED | Frase ByForbes™ Unscramble The Anagram To Reveal The Phrase Pinpoint By Linkedin Guess The Category Queens By Linkedin Crown Each Region Crossclimb By Linkedin Unlock A Trivia Ladder The Magnificent Jewels auction also featured a private collection of 21 jewels by the renowned contemporary high jewelry house, JAR, headed by American-French artist, Joel Arthur Rosenthal. Named 'A Bouquet of Gems: A Superb Collection of Jewels by JAR,' the collection fetched more than $7.1 million, with some pieces among the top 10 lots of the sale. This portion of the auction was led by the 'Apricot Blossom' bangle, which was also the fourth highest lot overall. The floral display features round diamonds, reddish orange and yellow enamel, blackened silver, yellow gold and bronze. It fetched more than $2.8 million, more than four times its high estimate. The JAR 'extraordinary' diamond necklace fetched about $2.8 million This was followed by a diamond necklace described as 'extraordinary,' by the auction house. It features approximately 16 old-cut and round diamonds set in 18k rose gold and blackened silver. This piece sold for approximately $2.6 million, making it the fifth most valuable lot in the sale. A Graff ring with a 3.68-carat fancy, vivid blue diamond purchased by Laurence Graff for more than ... More $5.8 million Christie's said there was strong demand for colored diamonds and colored gemstones throughout the auction, particularly for the vibrant and rare varieties. Among the highlights was a ring by Graff centered with a 3.68-carat fancy, vivid blue oval-shaped diamond. It fetched more than $5.8 million (price per carat: more than $1.5 million). Again, the buyer was notable. It was Lawrence Graff, the owner of the renowned London diamond jeweler. It was the number 2 lot of the sale. Another highlight was a 10.17-carat Burmese, cushion shaped ruby on an 18k gold ring surrounded by round diamonds. It fetched more than $4.1 million. It was the number 3 lot of the auction. 10.17-carat Burmese fetched more than $4.1 million The importance of this sale wasn't lost Rahul Kadakia, Christie's International Global head of Jewels. 'Today's sale marked a truly extraordinary and memorable moment in auction history,' Kadakia said in. statement. 'The exceptional JAR collection, along with a remarkable array of exquisite gems, achieved top prices in a packed sale room…. The atmosphere was uplifting as both Christie's and clients enjoyed the moment.'


Newsweek
06-05-2025
- Entertainment
- Newsweek
How Much Are Kim Kardashian's Met Gala Necklaces Worth? What We Know
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Kim Kardashian made a bold entrance at the 2025 Met Gala in a head-to-toe custom Chrome Hearts outfit. She donned a black crocodile leather ensemble featuring a form-fitting corset and dramatic long coat. She topped off the look with a broad leather hat and even incorporated strands of pearls draped at her waist for a touch of opulence. The edgy outfit was on-theme for the Met's "Superfine: Tailoring Black Style" exhibition, yet Kardashian's most eye-catching accessories were the glittering diamond necklaces that cascaded around her neck. What Necklaces Did Kim Kardashian Wear? Kardashian's show-stopping neckwear was a layered stack of high-end diamond necklaces from famed luxury jeweler Moussaieff. She "packed on the diamonds"—wearing more than a million dollars' worth of Moussaieff diamond necklaces—to create a multi-strand statement piece on the Met Gala red carpet. The necklaces, composed of countless brilliant white diamonds, evoked a classic rivière style but multiplied for maximum impact. In keeping with the all-diamond theme, Kardashian also wore pear-shaped diamond drop earrings and an array of diamond rings on her fingers. Kim Kardashian attends The Met Gala celebrating the opening of the "Superfine: Tailoring Black Style" exhibition on May 5, 2025, in New York. Kim Kardashian attends The Met Gala celebrating the opening of the "Superfine: Tailoring Black Style" exhibition on May 5, 2025, in New York. Evan Agostini/Invision/AP Notably, one was identified as a Boucheron Vendôme Liseré pear-cut diamond ring (4.18 carats), adding an extra element of historic French haute joaillerie to her accessories. Kardashian's necklace selection had no known historical provenance (unlike some vintage jewels seen that night), but the sheer scale and sparkle of the Moussaieff diamonds ensured her look was one of the evening's most memorable. How Much Are They Worth? Kardashian's striking diamond necklaces from Moussaieff were among the most extravagant at the 2025 Met Gala. Some are easily identifiable on Moussaieff's website, complete with detailed specifications and indicative values: A 57.27-carat necklace featuring pear-shaped diamonds (H-K colors, Flawless to SI1 clarity), including a central diamond of 3.30 carats (I color, VS2 clarity), set in 18ct white gold, valued typically between $750,000 and $1.5 million. A dramatic choker necklace containing 153.11 carats of pear, oval, and circular-shaped diamonds (D-G colors, VVS1-SI1 clarity), mounted in platinum and 18ct white gold, valued between $4 million and $8 million. A necklace with 62.61 carats of diamonds, specifically 58.85 carats of pear and oval-shaped diamonds (D-F colors, Internally Flawless to SI1 clarity), mounted in platinum, typically worth between $1.5 million and $3 million. In addition to these confirmed pieces, Kardashian also wore other diamond necklaces whose exact details and valuations couldn't be independently verified. Collectively, her ensemble undoubtedly reached well into the multimillion-dollar range, highlighting the extraordinary opulence of her gala appearance. Each strand featured sizable high-clarity stones; combined, the multi-necklace stack easily surpassed seven figures. The inclusion of other diamond pieces—like large drop earrings and the 4.18-carat diamond ring—only added to the worth of her jewelry ensemble. A 4.18-carat pear-cut diamond ring from a prestigious jeweler like Boucheron typically ranges from $120,000 to $250,000, though Kardashian's Vendôme Liseré ring could be valued at the higher end or beyond, considering the luxury brand and intricate craftsmanship. Socialite Isha Ambani turned heads at the 2025 Met Gala wearing a 481-carat diamond necklace inspired by Cartier's iconic Toussaint design. Socialite Isha Ambani turned heads at the 2025 Met Gala wearing a 481-carat diamond necklace inspired by Cartier's iconic Toussaint design. Evan Agostini/Invision/AP What Other Diamonds Were On Show At Met Gala? Kardashian wasn't the only celebrity dripping in diamonds at this year's gala. Co-chair Colman Domingo wore Boucheron's striking "Iceberg" diamond necklace. Actor Ncuti Gatwa added elegance with subtle diamond pieces, and socialite Isha Ambani notably showcased her own remarkable 481-carat necklace worth $150 million inspired by Cartier's iconic Toussaint design. Rihanna turned heads with vintage diamond brooches, and comedian Ego Nwodim dazzled with a cascading diamond necklace paired with elegant tassel earrings. Broadway producer Jordan Roth also made a stylish statement with Boucheron jewelry.