Fancy Vivid Blue Leads At Christies Geneva Auction

Today, top lot at Christie’s Geneva Magnificent Jewels auction was an internally flawless 5.34-carat fancy vivid blue modified brilliant-cut diamond and white diamond ring. Estimated at between $8.5 and 12.8m, the ring sold for $9,334,394.

Also of note were three Kashmir Sapphires and four Burmese Rubies which all either met the estimate given or in some cases more than doubled the top estimate given. This is very promising for Amma Asset Management, which intends to launch its fifth fund in 2020 with the inclusion of Royal Blue colour Kashmir Sapphires and Pigeon Blood colour Burmese Rubies to the already impressive assortment of fancy coloured diamonds.