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3-Carat Blue Diamond withdraws At Sotheby's Geneva auction

The Part II Magnificent Jewels & Nobel Jewels Geneva was not a success as many lots went unsold

Just when we thought all is well in the world of live digital auction, Sotheby's hit a roadblock with its Part II Magnificent Jewels & Nobel Jewels Geneva.

photo courtesy Sotheby's

This was the first live jewelry auction since the pandemic. Many lots went unsold including a 3.01 ct fancy vivid blue diamond with VS1 clarity. The auction house withdrew the diamond from sale. It was estimated to be sold for $4.3 – $6.3 million.

7.00 fancy intense pink VVS2 5201674119 SOLD $3.11 million courtesy Sotheby's

Many pieces with fancy colour diamonds went unsold, however, a marquise-shaped fancy intense pink diamond weighing 7.00 carats, between fancy-shaped diamond shoulders, the mount highlighted with brilliant-cut diamonds was sold for more than $3 million including a buyer's premium. However a few rings with fancy yellow and blue diamond failed to make the cut.

5.29 fancy grey-vlue SI1 6204743157 SOLD $2.261 millions courtesy Sotheby's

4.09 fancy pink IF 6203826666 courtesy Sotheby's

3.03 fancy intense blue I1 5111671097 and 2.82 DVVS1 5121747081 photo courtesy Sotheby's

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