Sotheby’s Auctioning the square-cut “Sky Blue” Diamond in Geneva
Sotheby’s (NYSE:BID) is auctioning the square-cut “Sky Blue” Diamond set in a ring by Cartier that is expected to fetch up to $25-M, plus 2 centuries-old diamond jewels dating back to Russia’s imperial court.
The auction house says the 8.01-carat stone with a top-rank Fancy Vivid Blue grade from the Gemology Institute of America is the centerpiece of its latest Geneva jewelry auction Wednesday.
Also on the block is a diamond necklace said to have been commissioned by 18th-Century monarch Catherine the Great and a diamond jewelry set believed to have been in a gift from Peter the Great’s wife to Ottoman Sultan Ahmed III as part of peace negotiations. Each piece is expected to fetch $3-5-M.
|NYSE:BID||37.24||16 November 2016||-1.60||38.84||38.88||37.19||434,887|
|HeffX-LTN Analysis for BID:||Overall||Short||Intermediate||Long|
|Neutral (0.04)||Neutral (-0.05)||Neutral (0.19)||Neutral (-0.03)|
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