32.77 carat Fancy Vivid Yellow Diamond Sold by Christie's NY

The top lot of Christie's New York sale, a 32.77-carat fancy vivid yellow diamond of VS2 clarity, sold for $6,578,500 to a buyer who requested anonymity. Diamonds were selling very well with prices that dealers described as “healthy.” Colored diamonds were flying out the door as were white diamonds, perhaps due to the shortage of stones on the market, or demand due to the upcoming holiday gifting season. Privates and dealers were all active in the sale. In a slightly different spin from recent sales where prices went crazy and buyers snatched up anything, this sale saw strong prices that were within a reasonable range and somewhat more selective buying, Signed pieces by Tiffany & Co. sold well as did a selection of hard to find vintage 1970s Bulgari pieces.