Record-Breaking Jewelry Auction at Christie's Geneva: $72 Million Earned as Every Lot Finds Buyer

Luxurious 6.24-carat deep blue diamond acquired by Moussaieff Jewellers for a staggering sum of $12.7 million. Similarly, 21 priceless JAR jewels amassed a total of $7.1 million at Christie's Geneva Jewelry Auction.

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2025 May 18 . 1:44 PM

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Extraordinary deep blue, 6.24-carat, internally flawless diamond sells for staggering $12.7... — Extraordinary deep blue, 6.24-carat, internally flawless diamond sells for staggering $12.7 million.

Record-Breaking Jewelry Auction at Christie's Geneva: $72 Million Earned as Every Lot Finds Buyer

Rewritten Article:

The Geneva Magnificent Jewels auction, hosted by Christie's, made headlines on Wednesday at the Hotel des Bergues, boasting a white glove sale – a rarity in international jewelry auctions.

The auction soared over $72.3 million, with 77 lots surpassing their high estimate. This impressive achievement was just the beginning of what made this event noteworthy.

The top lot of the evening was a breathtaking ring adorned with a 6.24-carat fancy deep blue diamond. After five minutes of heated bidding, it sold for over $12.7 million, smashing records for deep blue diamonds. The new owner? Moussaieff Jewellers – a London-based powerhouse known for catering to Middle East royalty, influential politicians, international celebrities, and affluent Israelis.

Alisa Moussaieff, co-founder of the firm, expressed her excitement, stating, "This diamond now ranks amongst the finest in the Moussaieff private collection. We believe that its value will endure given its rarity and beauty. To purchase such an exquisite gem is something we are very proud of."

High-Value Apricot Blossom Bangles Auction Close with $2.8+ Million Bid

Beyond the deep blue diamond, the auction featured a private collection of 21 jewels by the prestigious contemporary high jewelry house, JAR. Dubbed "A Bouquet of Gems: A Superb Collection of Jewels by JAR," the assortment garnered more than $7.1 million, with some pieces ranking among the top 10 lots of the sale.

Leading the JAR collection was the "Apricot Blossom" bangle, which fetched over $2.8 million, more than quadrupling its high estimate. This was followed by an extraordinary diamond necklace, selling for approximately $2.6 million.

Christie's noted a strong demand for colored diamonds and colorful gemstones throughout the auction, with highlights including a 3.68-carat fancy, vivid blue oval-shaped diamond by Graff, which sold for over $5.8 million (price per carat: over $1.5 million), and a 10.17-carat Burmese cushion-shaped ruby, surrounded by round diamonds, fetching over $4.1 million.

Rahul Kadakia, Christie's International Global head of Jewels, summed up the importance of the sale, stating, "Today's sale marked a truly extraordinary and memorable moment in auction history. The exceptional JAR collection, along with a remarkable array of exquisite gems, achieved top prices in a packed sale room.... The atmosphere was uplifting as both Christie's and clients enjoyed the moment."

Luxury auction netted approximately $2.8 million for the 'extraordinary' diamond necklace, known as JAR.

Financing the purchase of the breathtaking 6.24-carat fancy deep blue diamond at the Christie's auction in Geneva required a significant amount of financial resources, given its final selling price of over $12.7 million.
The auction at Christie's, featuring colorful gems and diamonds, was not just an entertainment event but also a platform for investors to finance their investments in precious jewelry, as demonstrated by the sale of the "Apricot Blossom" bangle by JAR for over $2.8 million.