At breakfast this morning, I was sipping my coffee and reading my journal on current finance and jewelry trends, just like every morning, when I came upon this diamond. I have seen some beautiful emerald cut diamonds in my time, but never have I seen a RING like this one.
This rare 100-carat diamond will probably sell for more than $25 million at Sotheby’s New York on April 21, 2015.
It’s D-color, internally flawless and Type IIa. That, combined with the fact that it’s an emerald cut make it supremely rare. And the fact that it’s 100.20 carats. See how huge that really is?
Gary Schuler, head of Sotheby’s jewelry department in New York memorably described it as “about the size and shape of a 9-volt battery.” How lovely, to wear a battery like this on one’s finger. It’s currently set as a ring. OMG ring.
Surprisingly this engagement ring is not the most expensive item offered for sale at Sotheby’s this auction season. Oh, it’s the top lot of the Magnificent Jewels auction all right, put the image below is also on the block.
It is offered for sale by Sotheby’s New York on May 12, 2015, is an engagement ring made of canvas. And it’s estimated at $50 million. It’s The Ring (Engagement) by Roy Lichtenstein.
It’s an iconic example of Pop Art, for sure. And it wouldn’t even set a record for Lichtenstein: two years ago Christie’s sold Lichtenstein’s Woman With Flowered Hat for $56.1 million.
Hmmm, as I sip my coffee I ponder the question, a ring for 25 million or a painting for 50 million? Not happening in my life. But it does put money in perspective for me. Somebody has it and its not me. KLH
Thank you Cheryl Kremkow for making my morning.