The Eye of Golconda, an impressive necklace built around two D-flawless diamonds that was predicted to fetch as much as $10 million at the Christie’s jewelry auction last week, did not sell, company officials said.
The piece, the headline offering at the auction house’s Hong Kong Magnificent Jewels sale on May 27, featured a 40.5 ct. D-color internally flawless diamond from the famed Golconda mine, as well as a 6.76 ct. D-internally flawless Golconda diamond up top.
“There was interest up to $7.2 million,” François Curiel, chairman of Christie’s Asia Pacific, tells JCK. “But the vendor insisted on $8.5 million, so we did not sell it.”
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