3-ct Green Diamond Sells for $491,000

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3-ct Green Diamond Sells for $491,000

A 3.00-carat fancy intense green diamond ring sold for $491,000 at Christie’s Jewels Online: Summer Sparkle.

That was above its low estimate of $450,000, but less than a high estimate of $550,000.

The cut-cornered square modified brilliant-cut diamond, GIA-certified as SI1, was set in platinum with a fancy purplish pink cushion modified brilliant-cut diamond of 0.45 carat (VS1), fancy pink cushion modified brilliant-cut diamond of 0.41 carat (also VS1).

It fetched the highest price at the auction, followed by a platinum ring set with a white 12.75-carat emerald-cut diamond (G / VS1), which sold for $441,000 (estimate $400,000 to $600,000).

Overall the 10-day sale realized $4,508,532 with 107 per cent hammer above low estimate and 98 per cent sold by lot.

The sale saw global participation with bidders from 24 countries and first-time registrants accounted for 13 per cent of bidders.

Disclaimer: This information has been collected through secondary research and TJM Media Pvt Ltd. is not responsible for any errors in the same.