Geneva jewelry auction hauls record $154.2 million

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Associated Press

Posted on May 14, 2014 at 7:32 PM

Updated Wednesday, May 14 at 9:02 PM

GENEVA (AP) — Christie's says its spring auction has sold a world record of $154.2 million in jewelry including the largest flawless vivid blue diamond in the world.

The auction house says "The Winston Blue," a pear-shaped 13.22-carat diamond, fetched $23.8 million, which also set a world auction record of $2 million per carat for a blue diamond.

It said Thursday that a 1912 Cartier diamond brooch brought $17.5 million, which is 660 percent more than when it was first sold at Christie's in Geneva in 1991, while a pear-shaped and D-color flawless 75.97-carat diamond sold for almost $14.5 million.

Christie's haul Wednesday night topped the world record set just a night earlier in Geneva when Sotheby's sold $141.5 million of jewelry including the 100.09-carat "Graff Vivid Yellow" diamond ring for $16.3 million..

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