Van Cleef & Arpels ring sells for $458,858 at Sotheby’s Paris, per website
Sotheby’s sold a 16.01-carat Van Cleef & Arpels diamond ring for EUR 409,600 ($458,858) at its auction in Paris, according to the Sotheby’s website. The rectangular step-cut, J-color, VS2-clarity jewel narrowly surpassed its EUR 400,000 ($448,186) high estimate to anchor the Fine Jewelry sale.
The Tech TL;DR:
- Sotheby’s Paris auction realized EUR 5.9 million ($6.6 million) in total sales on October 8, led by a 16.01-carat Van Cleef & Arpels diamond ring.
- Gérard gemstone pieces.
Sotheby’s Paris October 8 Fine Jewelry Sale Performance
The Paris auction generated EUR 5.9 million ($6.6 million) overall, moving inventory from established houses including Cartier, Boucheron, and Buccellati. While the headline Van Cleef & Arpels ring cleared its upper valuation, several other notable pieces traded near or below their midpoint estimates. A Cartier ring featuring an 8.67-carat, fancy-intense-yellow, VVS1 diamond brought EUR 217,600 ($243,792) against an estimate ranging from EUR 150,000 to EUR 300,000 ($168,069 to $336,139).
Top-Selling Lots and Valuation Margins
Valuation margins varied across the leading lots. A second Van Cleef & Arpels ring, featuring a 5.54-carat, D, VVS1 marquise-cut diamond with baguette-cut shoulders, sold for EUR 140,800 ($157,761), meeting expectations set between EUR 110,000 and EUR 170,000 ($123,251 and $190,479). Meanwhile, colored gemstone jewelry attracted competitive bids. An M. Gérard necklace comprising 18 oval Burmese rubies framed by brilliant-cut diamonds realized EUR 102,400 ($114,735), topping its EUR 80,000 ($89,637) lower bound.
| Designer & Item | Sale Price (EUR / USD) | Pre-Sale Estimate (EUR / USD) |
|---|---|---|
| Van Cleef & Arpels Ring (16.01-ct J/VS2) | EUR 409,600 ($458,858) | EUR 400,000 ($448,186) high |
| Cartier Ring (8.67-ct Yellow VVS1) | EUR 217,600 ($243,792) | EUR 150,000 – EUR 300,000 ($168,069 – $336,139) |
| Van Cleef & Arpels Ring (5.54-ct D VVS1) | EUR 140,800 ($157,761) | EUR 110,000 – EUR 170,000 ($123,251 – $190,479) |
| M. Gérard Ruby Necklace | EUR 102,400 ($114,735) | EUR 80,000 – EUR 140,000 ($89,637 – $156,865) |
| Sapphire and Diamond Ring (9.41-ct Burmese) | EUR 96,000 ($107,564) | EUR 100,000 – EUR 180,000 ($112,046 – $201,683) |
Colored Gemstone Performance Versus Estimates
Not all lots cleared their targets. A ring featuring a 9.41-carat oval Burmese sapphire surrounded by marquise, pear, and brilliant-cut diamonds brought EUR 96,000 ($107,564), falling short of its EUR 100,000 to EUR 180,000 ($112,046 to $201,683) estimate range.