Engagement Rings - Diamond Buyers Under Starters Orders

Diamond Buyers Under Starters Orders

Buyers with some serious attitude – or a very good line of credit could be in the running for some of the most spectacular stones seen for a while – some of which could well be in used in the making of some fantastic diamond engagement rings.

Auction house Christies in Geneva has announced some details of their Spring auctions with an estimated pre-sale value of about US$55million. Jean Marc Lunel, head of the Jewelry department wasn’t holding back when he said: “The Geneva spring sale at Christie’s is one of the most appealing selections of jewels and gem stones seen in recent years.

Confidence in this market category is high, following a magical year for jewellery sales in 2010, and the May 18 auction promises strong results for a wide array of important gem stones and magnificent jewels.

Or for someone wanting to splash out on a serious engagement ring for someone! One of the most serious pieces of bling is a symmetrical 56.15 carat, heart-shaped D colour, Internally Flawless diamond estimated at US$ 9-12 million.

The auction currently holds the record price per carat for the BVLGARI Blue, a triangular-cut Fancy Vivid Blue diamond of 10.95 carats set in a ring by Bulgari which sold in New York for US$ 15,762,500 ($1.4 million per ct for the Fancy Vivid Blue diamond).