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11/10/2008 @ 9:23:42 am by igotreasurehunting.com

Colored Diamonds


At Sotheby's, a fancy intense, VS2, heart shaped, blue diamond of 4.20 carats drew a top price of $800,000, or just under $200,000 per carat, from an American dealer. Sotheby's had hoped to get more than $3 million for a 14 carat, fancy intense, pink diamond. The bidding began at $1.5 million and stopped at $2 million. Several dealers mentioned the lovely color was unevenly distributed. A 14.05, light blue, oval sold for $28,363 per carat. Yellow diamonds were steady sellers, going for the high estimate or over. A 2.25, vivid, yellow, IF sold for $16,611 per carat. A 15.05 carat, fancy vivid, yellow diamond sold for $552,500, or $36,700 per carat. A 3.83 carat, fancy vivid, yellow orange diamond brought $211,500, or $65,500 per carat.

At Christie's, a .91, rectangular, dark violet gray, VS1 fetched about $28,000 per carat. Two purplish pink, marquise diamonds of .32 and .46 sold for about $16,000 per carat. Yellows were also hot at Christie's. An 8.72, vivid yellow, rectangular, VVS1 sold for $32,110 per carat. A 3.56, vivid yellow, rectangular, VVS2 sold for $25,280 per carat. A 1.88, round, intense yellow sold for $15,185 per carat.

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