Large red diamond sets house record at Heritage, selling for $1.7M

Fancy orangy red diamond weighing 1.21 carats, $1.7 million. Image courtesy of Heritage Auctions
Fancy orangy red diamond weighing 1.21 carats, $1.7 million. Image courtesy of Heritage Auctions
Fancy orangy red diamond weighing 1.21 carats, $1.7 million. Image courtesy of Heritage Auctions

DALLAS — A 1.21-carat Fancy orangy red diamond shattered estimates September 29 when it sold for $1,755,000 in Heritage Auctions‘ Fall Fine Jewelry Signature® Auction. The final price was nearly 12 times the ultra-rare gemstone’s high estimate of $150,000 and was the highest price ever paid for an item of jewelry at Heritage Auctions.

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Red alert: extremely scarce 1.21-carat red diamond at Heritage, Sept. 29

Fancy orangy red 1.21-carat diamond, estimated at $100,000-$150,000. Image courtesy of Heritage Auctions
Fancy orangy red 1.21-carat diamond, estimated at $100,000-$150,000. Image courtesy of Heritage Auctions
Fancy orangy red 1.21-carat diamond, estimated at $100,000-$150,000. Image courtesy of Heritage Auctions

DALLAS — Heritage Auctions will present a 1.21-carat Fancy orangy red diamond, estimated at $100,000-$150,000, as part of its Sept. 29 Fall Fine Jewelry Signature® Auction. Absentee and Internet live bidding will be available through LiveAuctioneers.

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