NEW YORK – Diamond jewelry soared at Doyle’s jewelry sales on August 23 and August 24 as competitive bidding drove the sale total above $1 million, surpassing expectations.
Highlighting the week was an exquisite diamond necklace designed as a garland swag set with large pear shape diamonds and tapering baguettes. Offered in a group lot by order of Bank of America, the glittering mid-20th century necklace achieved an exceptional $176,400, far above its $80,000-$120,000 estimate.
The sale of Fine Jewelry & Luxury Handbags on August 24 featured several diamond rings that also exceeded expectations. A ring centering a diamond of 2.30 carats, H color and VS2 clarity and carrying an estimate of $15,000-$20,000 realized $28,250, and another set with a diamond weighing 2.01 carats, F color and VS1 clarity and estimated at $12,000-$18,000 sold for $21,420.
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