Rare 80-carat ring estimated at $8 mln didn't find a buyer at Sotheby's auction

Record ID: 1672177

  • Title: Rare 80-carat ring estimated at $8 mln didn't find a buyer at Sotheby's auction
  • Date: 10th May 2022
  • Summary: GENEVA, SWITZERLAND (MAY 5, 2022) (REUTERS) VARIOUS OF MODEL WEARING A STEP-CUT DIAMOND AND RUBY RING BY CHOPARD WEIGHING 80.08 CARATS VARIOUS OF MODEL WEARING GEM SET AND DIAMOND BRACELET, 'BIRDS IN FLIGHT', OSCAR HEYMAN & BROTHERS, CIRCA 1927 AND DIAMOND AND RUBY RING BY CHOPARD VARIOUS OF BRACELET ON DISPLAY WATCHES AND JEWELS ON DISPLAY RUBY RING BY CHOPARD ON DISPLAY WATCHES AND JEWELS ON DISPLAY RUBY RING BY CHOPARD ON DISPLAY VARIOUS OF EXTERIORS OF MANDARIN ORIENTAL HOTEL WHERE SOTHEBY’S AUCTION TOOK PLACE RHONE RIVER SWISS AND GENEVA FLAGS
  • Embargoed: 24th May 2022 20:50
  • Keywords: Geneva Sotheby's auction bracelet diamond ring ruby
  • Location: GENEVA, SWITZERLAND
  • City: GENEVA, SWITZERLAND
  • Country: Switzerland
  • Topics: Arts/Culture/Entertainment,Europe
  • Reuters ID: LVA001709310052022RP1
  • Aspect Ratio: 16:9
  • Story Text: A rare 80.08 carats diamond and ruby ring by Chopard that Sotheby's estimated it could fetch $8 million, didn't find a buyer at Geneva's auction on Tuesday (May 10), the auction house said.
    Sotheby’s estimated the ring between $7.5 and $9.6 million.
    The stone is D Colour, the highest possible colour grading for white diamonds and it’s part of the only 2% Type IIa diamonds in the world.
    Sotheby’s was also presenting a colourful Oscar Heyman & Brothers gem-set and diamond 'Birds in Flight' bracelet from 1927, decorated with tropical birds and floral sprigs, sold for $ 1.4 million, twice its estimated price.
    (Production: Cecile Mantovani)
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2022. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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