Jewelry Set to Shine at First Sotheby’s Auction in Saudi Arabia  

More than 100 items, including handbags, artwork, sports memorabilia and watches, will go under the hammer on February 8.
Graff diamond earrings at Sotheby's image

Sotheby’s will present a selection of luxury jewelry items at its first-ever auction in Saudi Arabia, including a pair of diamond earrings expected to fetch up to $800,000. 

The Graff-created set features a pear-shaped, 9.39-carat, D-color, VVS1-clarity diamond with the potential to be internally flawless, as well as a pear, 8.46-carat, D, internally flawless diamond, Sotheby’s said last week. The earrings will lead the jewelry category at the February 8 auction. 

The auction, named Origins, will take place at Diriyah’s Bujairi Terrace, near the UNESCO World Heritage Site of At-Turaif. In addition to jewelry, the sale will include fine art, watches, sports memorabilia and handbags.  

An Olympics-worn prototype wristwatch by Richard Mille, designed specifically for world champion sprinter Yohan Blake, will be one of the top lots, with a high estimate of $1.5 million. 

Here are some of the other top pieces in the jewelry category:  

Ring featuring an emerald-cut Burmese sapphire flanked by trapezoid- and bullet-cut diamonds at Sotheby's image
A ring featuring an emerald-cut, 19.79-carat Burmese sapphire flanked by trapezoid- and bullet-cut diamonds carries an upper estimate of $400,000. 
Matching pair of earrings and necklace with cushion- and heart-shaped sapphires and pear-, marquise- and round-shaped diamonds at Sotheby's image
This matching set includes a necklace with 12 oval-, cushion- and heart-shaped sapphires totaling 80.11 carats, embellished with pear-, marquise- and round-shaped diamonds with a rose-cut diamond clasp. A matching pair of earrings contains oval-shaped sapphires weighing 7.86 and 6.51 carats. The jewels have an estimate of $250,000 to $350,000.
Cartier bracelet with cushion-cut sapphires as well as old European, single-cut and baguette diamonds at Sotheby's image
Cartier created this bracelet around 1927. Of geometric design, it bears four cushion-cut sapphires, one Ceylon and three Burmese, as well as old European, single-cut and baguette diamonds. It is estimated to sell for as much as $325,000. 
Bulgari’s Trombino ring at Sotheby's image
Bulgari’s Trombino ring, featuring a cushion-cut sapphire of 33 to 35 carats shouldered by graduated columns of baguette diamonds and surrounded by round diamonds, could fetch up to $300,000.
Harry Winston bracelet set with round rubies and bordered by round diamonds at Sotheby's image
Mounted on a flexible bombé strap set with round rubies and bordered by round diamonds, this Harry Winston bracelet is adorned with eight oval-cut rubies surrounded by round-shaped diamonds. It carries an estimate of $210,000 to $300,000.  
Ring with a pear-shaped Colombian emerald center stone shouldered by shield-shaped diamonds at Sotheby's image
A ring with a pear-shaped, 23.55-carat Colombian emerald center stone shouldered by shield-shaped diamonds could bring in $200,000 to $300,000 at auction.
Ring set with cushion-shaped Ceylon sapphire flanked by two triangular-cut diamonds at Sotheby's image
Set with a cushion-shaped, 29.05-carat Ceylon sapphire flanked by two triangular-cut diamonds, this ring has an upper estimate of $250,000.
Round diamond ring at Sotheby's image
This round, 10.19-carat, G-color, SI2-clarity diamond ring could fetch up to $240,000 at the auction.
Chopard necklace at Sotheby's composed of three rows of pink sapphire beads image
With a sautoir front composed of three rows of pink sapphire beads, this Chopard necklace is decorated with spacers set with round diamonds, suspended from floral motifs with pear-shaped pink sapphires and embellished with pear- and round-cut diamonds. It is accompanied by matching earrings. The lot could realize between $160,000 and $220,000.

Main image: The Graff diamond earrings. (Sotheby’s)

Stay Up-to-Date with Rapaport Industry News and Analysis

Jewelry Set to Shine at First Sotheby’s Auction in Saudi Arabia  

Top Stories from Rapaport

More Stories

Featured