Christie’s Magnificent Jewels sale in Geneva reached a dazzling conclusion, achieving CHF 60.5 million ($72.4 million) with a 100% sell-through rate. Every one of the 115 lots found a buyer, showcasing continued strength in the high-end jewelry market.

The undisputed star of the night was a Boucheron ring featuring a 6.24-carat, fancy-deep-blue emerald-cut diamond flanked by white diamonds and rubies. The piece sparked over five minutes of intense bidding before being secured by Moussaieff Jewellers for CHF 10.6 million ($12.7 million) — far exceeding its CHF 6.5 million ($7.7 million) high estimate and setting a new world record of $2 million per carat for a diamond of its hue.

The sale also included a notable private collection of 21 jewels by designer JAR, which collectively fetched CHF 5.9 million ($7.1 million).

Overall, 77% of lots exceeded their high estimates, with international participation from 45 countries: 46% from Europe, Middle East and Africa (EMEA), 26% from the U.S., and 20% from Asia.

Top 10 Highlights:

• Graff repurchased an oval-shaped, 3.68-carat, fancy-vivid-blue diamond ring for CHF 4.9 million ($5.8 million) — $1.6 million per carat, well above its CHF 3.7 million estimate.

• A 10.17-carat Burmese pigeon’s blood ruby ring soared past its CHF 650,000 estimate, fetching CHF 3.5 million ($4.2 million) — $411,000 per carat.

• JAR’s “Apricot Blossom” bangle, with diamonds and vibrant enamel, reached CHF 2.4 million ($2.8 million) — more than four times its estimate.

• Another JAR necklace, featuring 16 old- and round-cut diamonds, sold for CHF 2.2 million ($2.6 million) — over triple its high estimate.

• A 13.80-carat Kashmir sapphire ring went for CHF 2.1 million ($2.5 million) — more than double its estimate.

• A 1950s Kashmir sapphire and diamond bracelet nearly tripled its estimate at CHF 1.9 million ($2.3 million).

• An 11.64-carat fancy-light-blue diamond ring sold within expectations at CHF 1.6 million ($1.9 million).

• A convertible diamond necklace, with detachable bracelet and pendant, exceeded its CHF 1.5 million estimate to reach CHF 1.6 million ($1.9 million).

• A Reza ring with a 20.10-carat D-color, VVS1-clarity diamond realized CHF 1.2 million ($1.4 million), matching expectations.

Christie’s Geneva once again proved its dominance in the luxury jewelry market, underscoring global demand for rare colored diamonds and exceptional craftsmanship.