Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Selecting your primary region ensures you get the stories that matter to you first.

Heart-shaped diamond sells for $13M, under auction estimate

Heart-shaped diamond sells for $13M, under auction estimate | iNFOnews.ca
FILE - In this Thursday, May 11, 2017 file photo, a Christie's employee displays The flawless heart-shaped Boehmer and Bassenge "La legende" diamond during a preview at the Christie's, in Geneva, Switzerland. A heart-shaped diamond billed as the largest of its kind to go up for auction has sold for less than the pre-sale estimate, fetching a hammer price of 13 million Swiss francs (about $13.3 million.) The sale Wednesday, May 17, 2017 capped a two-day run of high-profile jewelry auctions in Geneva. (Martial Trezzini/Keystone via AP, File)

GENEVA – A heart-shaped diamond billed as the largest of its kind to be auctioned off has sold for less than the pre-sale estimate, fetching a hammer price of 13 million Swiss francs (about $13.3 million.)

The 92-carat “La Legende” was the standout piece among some 250 jewels on the block at Christie’s in Geneva on Wednesday. It had been expected to go for $14 million to $20 million.

The diamond dangles from a pearl necklace in a piece designed by Paris’ centuries-old Boehmer & Bassenge jewelers.

The sale capped two days of high-profile jewelry auctions in Geneva.

A 14.54-carat flawless Fancy Vivid Blue diamond earring that was the headline offering Tuesday at rival Sotheby’s also fell short of its pre-sale estimate. It was paired with a pear-shaped pink diamond earring.

News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

Abbey Westbury

Related Articles