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The Highly Anticipated Sale of the Pink Legacy Diamond
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Geneva—Christie’s Magnificent Jewels sale held Nov. 13 in Geneva garnered more than $110 million, and nearly half of that was due to a very special pink diamond.

The Pink Legacy, the 18.96-carat rectangular-cut fancy vivid pink diamond, the largest and finest pink diamond Christie’s has offered at auction to date, is now part of the Harry Winston collection.

Christened the “The Winston Pink Legacy,” it sold to the iconic jeweler for $50.4 million, just exceeding its $30-$50 million pre-sale estimate.

It’s the most expensive pink diamond ever sold at Christie’s, and it set a world auction record for highest price per carat for a pink diamond.

Nayla Hayek, CEO of Swatch Group, which owns Harry Winston, said, “We are proud to continue in the Winston tradition of acquiring the finest gems in the world, and tonight The Winston Pink Legacy joins our incredible legacy collection, which began with the acquisition of the 101-carat, D Flawless, Winston Legacy diamond at Christie’s in 2013.”

Christie’s International Head of Jewelry Rahul Kadakia accepted the winning bid for the Pink Legacy after five minutes of “spirited bidding,” the auction house said.

“This exceptional diamond captured the imagination of international collectors across the globe, with over 30,000 people visiting Christie’s sale previews to see this remarkable stone,” Kadakia said. “It has taken its rightful place among the world’s greatest diamonds.”

The pink diamond previously belonged to the Oppenheimer family.

Christie’s said that, overall, its Magnificent Jewels auction sold 90 percent by value and 86 percent by volume, with signed jewels achieving particularly high prices.

A 1924 Art Deco Egyptian revival sautoir by Van Cleef & Arpels sold for $4,332,500, while an early 20th century steel and diamond Cartier tiara earned $492,500.

Four exceptional jewels by JAR were also hot items, with a multi-gemstone bouquet of violets brooch, created in 1993, fetching $732,500.

The Dodge Pearl Necklace, circa 1920, by Cartier well exceeded its $240,000 to $340,000 pre-sale estimate, garnering $1.2 million. The important piece was originally purchased by Horace Elgin Dodge, a founder of the Dodge Motor Car Company, for his wife Anna Thompson and, prior to that, are believed to have been in the collection of Empress Catherine II of Russia.

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Historic Christie’s Auction

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Christie’s puts under the hammer next week the largest fancy vivid pink diamond that the famed auction house has ever sold, expecting to fetch $30 million to $50 million for the nearly 19-carat, rectangular-cut gemstone.

The “Pink Legacy” will be the standout offering at Christie’s fall jewelry auction in Geneva on Tuesday.

The stone once belonged to the Oppenheimer diamond family, and Christie’s says it qualifies as a Type IIa diamond — the most chemically pure stones with little if any nitrogen. It says fancy vivid pink diamonds over 10 carats are “virtually unheard of” in salesrooms.

 Christie’s sale kicks off two days of jewelry auctions in Geneva. On Wednesday, Sotheby’s will auction jewelry once owned by French Queen Marie Antoinette that hasn’t been seen in public for 200 years.

Denis Balibouse CNBC

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Congratulations to our latest NYCWD couple Yolayna and Tomas!

%Jeweler NYC %NYC Wholesale Diamonds%Jeweler NYC %NYC Wholesale DiamondsAnd a HUGE thank you to Tomas who wrote our latest 5 Star YELP Review about his experience with NYC Wholesale Diamonds.

“I cannot put into words the gratitude and appreciation I have for Keith in this review because it will fall short of doing any justice to my experience. Beyond the fact that Keith is a respected  and renowned expert the field of diamonds, his approach to provide guidance during an otherwise overwhelming process was the most important thing to me. He is part of an experience that I will remember for a lifetime and if I could bring him 1 MILLION MORE CUSTOMERS to show my critical acclaim for his work, I would without flinching. He is a true professional and his compassion for his clients is demonstrated through his candid approach. There was no pressure at any point of the experience from the initial conception of the ring idea, through payment and finally through sorting out insurance paperwork. Keith sets the standard for how this process should be conducted because beyond a financial transaction for the end customer, he facilitated an experience that makes you feel like family. The quality of the ring is breath-taking and I assure you my fiancé was floored by her new ring. Ring quality A+. Customer Experience A+. Timeliness A+. Thank you Keith!!!!!”

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Congratulations to our latest NYCWD Couple, Dan and Danielle, and Thank you for our latest 5 Star Google Review!  It was such an honor to make this gorgeous ring for you!

%Jeweler NYC %NYC Wholesale Diamonds“Working with Keith Saxe is truly a first class experience the entire time! He is a true gentleman that will never pressure you, and will gladly help you until you are fully satisfied. I’ve worked with many jeweler’s in the past and none of them were more upfront and willing to work together than Keith. Most importantly, the quality of product is top notch! Working with Keith is best choice I made, and thank you again for creating my fiancé dream ring!”
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Thank you, Samantha, for our latest 5 Star YELP Review!
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“Keith helped my Fiancé and I find the most beautiful Diamond and setting combination for our engagement ring. The ring exceeded all expectations!! He truly went above and beyond to ensure we were happy with the product and also by finding time outside his usual work hours to meet with us since we were traveling from Canada. I trust him completely!

AMAZING QUALITY & SERVICE!

Thank you so much Keith for all your help!”

~Samantha E.

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It was such an honor to do engagement rings for the second generation and now it brings us great joy to say Congratulations to Davis and Caitlin, and the whole family, on the birth of your beautiful daughter!

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