The Berlin Ruby Ring, a Burmese Ruby and Diamond Ring by Tiffany & Co., of approximately 4.59 carats, Estimate: $400,000 -600,000
On June 12, Christie’s New York auction house will sell a collection of jewelry belonging to Peggy and David Rockefeller. The money raised in the auction, “Magnificent Jewels,” will benefit the charities the Rockefeller’s regularly supported.
The auction house said that the top lots of the sale include a Cushion-Cut Diamond weighing 20.47 carats that is D color, Flawless clarity (estimate: $2,500,000-3,500,000), and a Magnificent Diamond Fringe Necklace set with large colorless pear shaped diamonds ranging from D to F color and Internally Flawless to VS2 clarity (estimate: $1,500,000-2,000,000). The highlight of the auction is a notable selection of diamonds, colored diamonds, and gemstones, along with important signed pieces by Bulgari, Cartier, David Webb, Harry Winston, Tiffany & Co., Raymond Yard, and Van Cleef & Arpels. The sale will offer 189 lots, with estimates ranging from $3,000 to $3,500,000.
According to auction house, “the Collection of Peggy and David Rockefeller have some unique signed jewels for the collectors. The proceeds of the sale will benefit the philanthropies that Peggy and David Rockefeller supported throughout their lifetime. The most important pieces are from Schlumberger for Tiffany & Co., Raymond Yard and Van Cleef & Arpels, incorporating gemstones of the highest quality as well as great design.”
Apart from the Peggy and David Rockefeller collection, additional private collections consisting of many pieces new to the market, will also be put for auction. These pieces are the Property from the Collection of Steve and Peggy Fossett, the Estate of Ruth S. Stanton, and Property Formerly from the collection of Mrs. Douglas Fairbanks Jr. The auction will also have a selection of Art Nouveau jewelry led by several rare pieces by Rene Lalique, as well as The Berlin Ruby Ring, a Burmese Ruby and Diamond Ring by Tiffany & Co., of approximately 4.59 carats, given by the American composer and lyricist, Irving Berlin, to his wife Ellin in 1966 upon their 40th wedding anniversary.