Headlines

Poised to Haul in $1 Million Per Carat, Blue Diamond Headlines Upcoming Christie’s Auction

Published

7 years ago

May 27, 2016

INSTORE Staff

“Cullinan Dream” comes from a 122-carat rough stone unearthed in 2014.

The largest fancy intense blue diamond ever to hit the auction block will go on sale at Christie’s New York on June 9, Rapaport writes. According to the article, the auction house expects the 24.18-carat “Cullinan Dream” to sell for between $23 million and $29 million, or up to $1.2 million per carat. It’s the heaviest of four polished diamonds that came from a 122.52-carat blue rough stone which was discovered by Petra Diamonds in 2014.

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Wilkerson: “They Feel Like Family”

Newton’s Jewelers in Fort Smith, Ark., was a true institution. But after being at the helm for most of his life, owner (and descendent of the original founder) Kelly Newton decided it was time to retire. He chose Wilkerson to handle the sale. “I’ve known the owners of Wilkerson for a long, long time. I felt at home with them,” he says. The final retirement sale was just a “blast” and the Wilkerson sales team made it so very simple and straightforward, says Newton. Would he recommend Wilkerson to others? Absolutely. “They’ve done incredible work,” says Newton. “They feel like family.”