393ct. Sapphire and Marie Antoinette-Related Pink Diamond Top Christie’s NY 

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Blue Belle necklace and Marie-Thérèse Pink Diamond at Christie's image

A 392.52-carat sapphire and diamond necklace is set to take center stage at an upcoming Christie’s jewelry auction in New York, carrying a high estimate of $12 million. 

Called the Blue Belle, the piece contains a cushion modified mixed-cut Ceylon sapphire that was discovered in 1926. It was later acquired in 1937 with the intention of being presented to Queen Elizabeth, who later became the Queen Mother, for the coronation of King George VI, Christie’s said last week. Though the jewel never became part of the royal collection, it had several distinguished owners before it was offered at Christie’s Geneva auction in 2014, where it sold for CHF 17 million, or approximately $17.3 million at the time.  

“Sapphires of this caliber are extraordinarily rare,” said Rahul Kadakia, international head of jewelry for Christie’s. “This remarkable stone must be considered among the most prestigious colored gemstones to appear on the market in many years — truly worthy of any world-class collection.” 

Another important piece leading the sale is a JAR ring featuring the Marie-Thérèse Pink Diamond, a kite-shaped, 10.38-carat, fancy-purple-pink expected to bring in up to $5 million. The stone, which is believed to date back to the mid-18th century, was allegedly included in a parcel Marie Antoinette entrusted to her most faithful hairdresser, along with other jewels from her collection, on the eve of her failed escape from Paris in 1791. The jewels made their way to her only surviving child, Duchess Marie Thérèse de Angoulême, before they were passed down through future family members. 

In addition, the sale will feature important private collections, including those of philanthropists Anne Hendricks Bass and Lucille Coleman, as well three Mughal jewels with a combined total of 2,000 carats of emeralds. 

Here are the rest of the top 10 jewels:

Unmounted round diamond at Christie's image
This unmounted round brilliant-cut, 66.74-carat, D-color, VVS1-clarity diamond has a top estimate of $4.2 million. 
Necklace featuring five carved Colombian emeralds from the Mughal collection at Christie's image
From the Mughal collection, this necklace, created around 1750, has five carved Colombian emeralds — three hexagonal and two pear-shaped — weighing approximately 470, 294, 199.50, 108.50 and 106.50 carats. It is expected to bring in up to $3 million. 
Emerald, spinel, ruby and pearl necklace from the Mughal collection at Christie's image at Christie's image
The second piece from the Mughal collection is this necklace, with a hexagonal Colombian emerald center stone suspending a drop-shaped Colombian emerald, together weighing 297 carats, as well as two baroque-shaped emeralds, spinel, ruby and pearl. It has an upper price of $3 million. 
Spinel beads and pearl necklace from the Mughal collection at Christie's image
The final Mughal jewel is this three-strand necklace that contains 45 spinel beads and 48 round and near-round natural pearls. It has a high estimate of $2 million. 
Pear brilliant-cut diamond pendant necklace at Christie's image
This necklace, featuring a pear brilliant-cut, 25.45-carat, D-flawless diamond pendant, is anticipated to go for up to $2 million. 
Pair of pear brilliant-cut diamond earrings at Christie's image
A pair of earrings, each set with a pear brilliant-cut diamond — one a 34.57-carat, M-color, VS1-clarity and the other a 34.14-carat, L-color, VS1-clarity stone — has a presale estimate of up to $1.8 million. 
Harry Winston round, pear, emerald and marquise-shaped diamond necklace at Christie's image
This Harry Winston necklace bears a pear brilliant-cut, 17.50-carat, D-color, VVS1-clarity diamond, a round brilliant-cut, 5.01-carat, D-color, SI1-clarity diamond and round, pear, emerald and marquise-shaped diamonds. It’s priced at up to $1.8 million. 
Harry Winston diamond ring at Christie's image
Another Harry Winston piece expected to sell for up to $1.8 million is this ring with an emerald-cut, 23.26-carat, D-color, internally flawless diamond center stone, flanked by shield-shaped diamonds. 

Main image: The Blue Belle necklace and the Marie-Thérèse Pink Diamond. (Christie’s)

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393ct. Sapphire and Marie Antoinette-Related Pink Diamond Top Christie’s NY 

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