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Unique pieces, rare diamonds smash estimates at Toronto auction

Demand is strong for coloured diamonds and one-of-a-kind treasures, if the results of Dupuis Fine Jewellery Auctioneers’ recent sale are anything to go by.
This 1.35-carat blue diamond sold for $400,000, well above its pre-sale estimation of $90,000 to $120,000.
Photo courtesy Dupuis Fine Jewellery Auctioneers

Demand is strong for coloured diamonds and one-of-a-kind treasures, if the results of Dupuis Fine Jewellery Auctioneers’ recent sale are anything to go by.

At the company’s Spring Important Jewels auction, which was held online June 15 to 22, several items with such distinction performed exceptionally well against pre-sale estimates.

Among the top lots was a 1.35-carat European-cut blue diamond, which sold for $400,000, exceeding its pre-sale estimation of $90,000 to $120,000.

Other pieces to receive interest include a Mario Buccellati aquamarine and diamond two-tone gold bangle bracelet, which sold for $44,000 against a pre-sale estimate of $20,000 to $30,000, and a diamond and platinum ring by Raymond Yard, which achieved $150,000 (pre-sale estimate: $70,000 to $90,000).

“We’ve noted an increasing desire to acquire the rare and unusual, and an auction provides the best opportunity,” says Jewellery Business columnist Duncan Parker, vice-president of Dupuis Fine Jewellery Auctioneers. “A rare blue diamond or an exceptional diamond in a ring by famed American jeweller Raymond Yard may only appear occasionally. [Buyers] from around the world bring strong bidding and excellent results, overall.”

For the complete results, click here.

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