Sotheby’s nets USD $ 57.1 million in recent sale of magnificent jewels in Geneva

26-May-2008

Sotheby’s spring sale of ‘Magnificent Jewels in Geneva’, totaled USD $ 57.1 million, the highest total for any sale held in Geneva and the second highest for any sale of magnificent jewels worldwide. A new world record price per carat (USD $ 1,328,444) was attained for any gemstone when a Fancy Vivid Blue pear-shaped diamond ring weighing 3.73 carats sold for USD $ 4,955, 097. The collection of socialite Lily Marinho, wife of Brazilian media tycoon Robert Marinho fetched USD $ 11.0 million and an assortment of other noble jewels brought in USD $ 7.2 million.