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Tuesday, November 1, 2011

Magnificent Jewels at Sotheby's New York - 7 December 2011

Sotheby’s December sales of Magnificent Jewels in New York have become highly-anticipated events among international jewelry collectors, and the 7 December 2011 auction will continue the tradition. In addition to an outstanding selection of period signed jewels and superb gemstones, the sale will be led by two significant diamonds: “The Light of Golconda”: An Exceptionally Rare Golconda Diamond Ring with an old mine, cushion-shaped diamond weighing 33.03 carats, D color, Internally Flawless, type IIa classification (est. in the region of $7 million), and a Magnificent and Rare Fancy Intense Pink Diamond Ring with a cut-cornered square modified brilliant-cut diamond weighing 22.17 carats, VS2 clarity, type IIa classification (est. in the region of $13 million).

A selection of pieces from the sale – which is valued at $50 million in total – will travel to Geneva, Los Angeles and Hong Kong, before returning to Sotheby’s York Avenue galleries for exhibition beginning 3 December.

“This December’s Magnificent Jewels sale will cap off an exceptional year for jewelry at Sotheby’s New York,” commented Lisa Hubbard, Chairman, North & South America, Sotheby’s International Jewelry Division. “Each of our jewelry auctions this year has brought our strongest-ever result in its respective month, and we look forward to offering some amazing collecting opportunities in December – from the once-in-a-lifetime Light of Golconda diamond to an extensive selection of Art Deco designs, signed jewels and colored gemstones.”

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