Stone cold success: Heritage jewelry sale exceeds $5M

Brilliant blue 13.87-carat Madagascar sapphire, $200,000. Image courtesy of Heritage Auctions, ha.com
Brilliant blue 13.87-carat Madagascar sapphire, $200,000. Image courtesy of Heritage Auctions, ha.com

Brilliant blue 13.87-carat Madagascar sapphire, $200,000. Image courtesy of Heritage Auctions, ha.com

DALLAS — A diamond and platinum ring sold for $225,000 in Heritage Auctions‘ Spring Fine Jewelry Signature® Auction on May 8, helping lead the event to a total of $5,135,765. The ring, which surpassed its high estimate, featured a 5.02-carat emerald-cut diamond. Also shattering expectations was a 13.87-carat Madagascar sapphire that realized $200,000, more than five times its low estimate.

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Cutting loose: unmounted colored gemstones reign at Heritage, May 8

33.56-carat Ceylon sapphire, estimated at $200,000-$300,000. Image courtesy of Heritage Auctions ha.com
33.56-carat Ceylon sapphire, estimated at $200,000-$300,000. Image courtesy of Heritage Auctions ha.com
33.56-carat Ceylon sapphire, estimated at $200,000-$300,000. Image courtesy of Heritage Auctions ha.com

DALLAS — Nothing sparkles like a diamond, it’s true, but nothing makes a statement like a stunning colored gemstone. Though the vibrant hues of the Big Three – sapphires, emeralds and rubies – still reign supreme in collections across the world, other colorful gems, including deep-red spinels and nearly neon Paraiba tourmalines, also stand out in a crowd. During Heritage Auctions‘ Monday, May 8 Spring Fine Jewelry Signature® Auction, the Big Three join spinels, tourmalines, and more to make up the largest selection of unmounted colored gemstones Heritage has ever offered in a jewelry auction. Absentee and Internet live bidding will be available through LiveAuctioneers.

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