'Largest fancy vivid yellow diamond to ever sell at auction' goes for $5.5 million

Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.

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Dec 12, 2023

1 year ago

diamond At Sotheby’s storied Magnificent Jewels auction in New York, $38.4 million worth of bling was sold, including a rare 133.03-carat fancy vivid yellow diamond for $5.5 million.

The auction featured vintage jewels from Bulgari, Tiffany & Co., Cartier and Harry Winston, as well as those owned by celebrities like Mary Tyler Moore and Barbara Sinatra.

Other notable items that sold included a necklace studded with 120 pear-shaped diamonds for $4.4 million and a necklace by Leviev, weighing over 120 carats and set with 30 variously cut diamonds, that sold for $2.4 million.

Another highlight was an extremely rare Burmese pink sapphire and diamond ring from the collection of the late show business legend Red Skelton and his wife, which soared to $1.1 million — surpassing by seven times its high estimate.

Author Marcus Baram

Marcus Baram is a contributing editor at Crain Currency, where he covers the intersection of finance and politics. Prior to joining Crain Currency, Baram was a staff writer at Fast Company and an editor at Huff Post. He has also written for outlets such as The New York Times, The Atlantic, and Vice. Baram is an expert on economic policy and has a deep understanding of the ways in which politics shapes the global financial system. In his role at Crain Currency, he brings a unique perspective to the complex and ever-evolving world of finance. With his keen analysis and clear writing, Baram helps readers make sense of the important issues impacting the economy today.