Published: May 19, 2016
GENEVA, SWITZERLAND — Christie’s Magnificent Jewels sale on May 18 concluded the firm’s 48th spring season with a combined total of $169,528,430 and combined sell-through rates of 89 percent by lot. The highlight of the week was the Oppenheimer Blue diamond, which sold for $57,541,779, setting a new world record for any jewel sold at auction. The exceptional stone was acquired after 25 minutes of bidding.
In addition to the spectacular stone, the jewels from the collection of H.S.H. Gabriela Princess zu Leiningen realized $22,536,783, selling 100 percent by lot bringing the total of the jewelry auction to $148,639,176.
The Geneva season started on May 16 with the auction of rare watches, including private collections, which totaled $18,838,656, selling 93 percent by lot and 97 percent by value. The top lot of the sale was the Charles-Louis Havas Breguet et Fils pocket watch at $3,322,880, becoming the most expensive watch sold during the spring season in Geneva and is the second most expensive Breguet et Fils watch ever sold at auction.
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