Monthly Archives: November 2017

The largest Diamond ever, at 110 Carats, is set to go to auction in December.  It is, however, being overshadowed by a 5.69 Carat.  %Jeweler NYC %NYC Wholesale Diamonds

 

The largest round diamond in auction history will feature in Sotheby’s Magnificent Jewels sale in New York next month, carrying a price estimate of up to $6.2 million.

The 110.92-carat, L-color, faint brown, VS1-clarity loose diamond (pictured, right) holds a Gemological Institute of America (GIA) report showing it has excellent polish, cut and symmetry, Sotheby’s said Thursday. Its low estimate of $4.2 million would translate to $37,865 per carat, while the high estimate works out to $55,896 per carat.

However, the top lot of the auction is expected to be an emerald-cut, 5.69-carat, fancy vivid blue, VVS1-clarity diamond ring (left) with an estimated selling price of $12 million to $15 million, or up to $2.6 million per carat. The diamond may have the potential for a cutter to make it internally flawless, the auction house pointed out.

“We’re thrilled to present supreme examples of the world’s most sought-after jewels and gemstones this season,” said Gary Schuler, chairman of Sotheby’s jewelry division for the Americas.  “Greatly admired for their rarity, these are gems that are enthusiastically pursued by collectors and connoisseurs.”

Other lots at the December 5 auction will include a 15.01-carat ruby and diamond ring, estimated at $2.5 million to $3.5 million; a cut-cornered rectangular mixed-cut, 5.24-carat, fancy intense orangy-pink, VS2-clarity diamond ring, with a price tag of $1.8 million to $2.2 million; and an oval-shaped, 14.01-carat, D-color, VVS1-clarity diamond ring carrying an estimate of $1.5 million to $2.5 million.

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Congratulations to Alexandra and Max!

Thank you so much for the beautiful photos and taking the time to write a 5Star Review for NYC Wholesale Diamonds on Wedding Wire.  We hope your special day was everything you dreamed of!

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“After a few frustrating experiences with diamond alley jewelers, my husband stumbled on Keith Saxe of NYC Wholesale Diamonds. Working with him was a dream. Of all our vendors, he was by far our favorite. Unlike the other jewelers, he was professional, accommodating, and never ever pushy. More importantly, he had a beautiful selection of stones at our price point and, in the end, gave us a great deal on the engagement ring and the wedding bands. We plan on working with him for years to come.”

~Alexandra

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