World Record in Geneva – Red Diamond "Argyle Phoenix" Shines at "Jewels TWO" Auction
‘The Argyle Phoenix’, Sold for CHF 3.8 Million, a World Record for a Fancy Red Diamond Sold at Auction
The Geneva Jewels Auction TWO at Phillips Achieves CHF 23.6 Million / $26 Million
Yesterday in Geneva, the "Jewels TWO" auction held by Phillips at the Hotel President was a scene of electrifying moments. From the outset, the results exceeded estimates, setting the stage for a memorable event. As the event progressed, the intensity in the increasingly crowded room rose. Enthusiastic bidders participated keenly, especially when rare and exceptional pieces were auctioned. The anticipated highlight was an exceptional pink diamond. However, "The Argyle Phoenix," an extraordinarily rare red diamond, stole the show by selling for CHF 3.8 million, setting a world auction record for a red diamond.
Striking Records and Notable Acquisitions
The pink diamond, known as the Exceptional Fancy Vivid Pink, also did not disappoint, drawing a winning bid of CHF 10.8 million and becoming the star of the season among Geneva auction houses. Furthermore, the giant 280.84-carat emerald, "The Amazon Queen," incited a 30-minute bidding war, eventually won by a buyer from China for CHF 2.7 million. This impressive emerald was at the center of fierce competition, underscoring its status as a natural marvel.
Notable jewels from esteemed houses like Cartier, Van Cleef & Arpels, and Harry Winston, alongside exquisite colored diamonds, sapphires, and emeralds, also achieved impressive results, highlighting the continued allure of prestigious brands at the auction.
Geneva Continues to Shine in the Ultra-Luxury World
Once again, Geneva confirms its leading position in the ultra-luxury world, reinforcing its status as an essential capital of high jewelry. The impressive results of this auction, totaling CHF 23.6 million, reflect the ongoing attraction to exceptional pieces.
CARTIER Gem set and diamond necklace, ‘Panthère’
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