The recent Magnificent Jewels auction held by Christie’s in New York has set a new record for the highest total ever achieved by a various-owner jewellery sale in the Americas. The event, which featured a range of high-profile and historically significant pieces, brought in $87.7 million ($118 million CAD) and saw every lot sold.

Among the most notable items were two standout gems. One was a 10.38-carat kite-shaped fancy purple-pink diamond, known as the Marie-Thérèse Pink, which fetched $14 million and set a new world auction record for a jewel by designer JAR. Another was the Blue Belle, a 392.52-carat Ceylon sapphire that sold for $11.3 million.

The auction attracted strong participation both in person and remotely, with intense bidding from collectors around the world. Colored gemstones in particular drew heightened interest, pointing to continued demand for rare and unique stones in the global market.

“This season’s results highlight the tremendous demand for jewels of exceptional rarity, provenance, and craftsmanship,” said Rahul Kadakia, Christie’s International Head of Jewelry. “In addition to the regal splendor of the Marie-Thérèse Pink diamond and the Blue Belle sapphire, private collections and superb jewels were met with enthusiastic and competitive bidding driven by our team’s passionate expertise. These successes underscore Christie’s global reach, market leadership, and enduring commitment to delivering the best possible outcome for our clients.”