Monday, July 22, 2024

hristie’s Website Restored, Announces Auction of 10-Carat Pink Diamond

New York—Christie’s will auction a 10-carat fancy intense pink diamond during Luxury Week next month, following a prolonged website outage due to a “technology security incident.

ArtNews reported Monday that Christie’s website and app were restored Sunday, ending an outage that began the evening of May 9.

Christie’s has remained tight-lipped about the cause of the incident, suspected to be a cyberattack, and has not detailed measures to prevent future occurrences. The auction house stated, “Our website and app are now back online, through the efforts of the team, with full functionality. We would like to express our sincere gratitude to our clients for their patience. Our investigation into this incident is ongoing, and therefore we are not able to share any further information at this moment.”

Despite the online disruption, Christie’s conducted several live auctions last week, including the “Only Watch” charity auction ($31.3 million total) and the “Magnificent Jewels” and “Rare Watches” sales in Geneva, which together garnered about $80 million.

On Tuesday, Christie’s announced the highlight of its New York “Magnificent Jewels” sale on June 11: a 10.20-carat internally flawless fancy intense pink diamond named “The Eden Rose.” This rare round brilliant-cut diamond is expected to fetch $9 million to $12 million, or $882,353 to $1.2 million per carat.

Christie’s described it as the most significant internally flawless, round brilliant, fancy intense pink diamond to appear at auction in over a decade. The last comparable sale was in 2012, when the 12.04-carat “The Martian Pink” diamond sold for $17.4 million, or $1.4 million per carat, at a Christie’s auction in Hong Kong.

Rahul Kadakia, Christie’s International Head of Jewelry, remarked, “The Eden Rose has never been offered at auction, and we are proud to present a jewel of its unmatched caliber for the first time this June in New York.

“The Eden Rose” will be exhibited in Hong Kong from May 24 to 27, then displayed in New York during Luxury Week at Christie’s Rockefeller Center gallery from June 7 to 10.

Alice
Alice
Alice is a seasoned jewelry designer renowned for her exquisite creations that seamlessly blend artistry with elegance. With a passion for craftsmanship and an unwavering commitment to quality, Alice has established herself as a distinguished figure in the world of fine jewelry. Drawing inspiration from diverse cultures and artistic movements, Alice brings a unique perspective to her designs, creating pieces that transcend mere accessories to become timeless works of art. Her meticulous attention to detail and insistence on using only the finest materials ensure that each creation reflects not only her artistic vision but also a commitment to unparalleled craftsmanship. Having honed her skills through years of dedicated practice and a keen understanding of evolving trends, Alice is adept at translating her clients' desires into bespoke, one-of-a-kind pieces. Her portfolio encompasses a range of styles, from classic and timeless to avant-garde and contemporary, showcasing her versatility and ability to cater to a diverse clientele.

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