The Facts
Phillips' Geneva Jewels auction: VII, held on November 9, 2026, in Geneva, achieved a total of CHF8,069,595 ($9,858,624). The sale sold 91 of 125 lots, a 73% sell-through rate by lot and 76% by value. The top lot was a 16.40-carat Kashmir sapphire and diamond ring, which sold for CHF1,935,000. Other notable results included a Bucherer 10.09-carat diamond ring that doubled its estimate at CHF619,200, and a historic Hennell pearl necklace formerly in the collection of Queen Mary that nearly tripled its estimate at CHF361,200. A cross formerly owned by Rudolf Nureyev achieved CHF72,240, more than forty times its estimate.
The Signal
The results underscore continued demand for rare gemstones and pieces with distinguished provenance. Benoît Repellin, Phillips' Worldwide Head of Jewellery, noted that diamonds accounted for three of the top five lots, while colored diamonds and gemstones also resonated with collectors. The strong performance of the Collections & Provenance section, including the Nureyev cross, indicates that collectors are willing to pay significant premiums for items with compelling histories.
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- People: Benoît Repellin
- Auction Houses: Phillips
- Locations: Geneva
- Prices: CHF8,069,595, $9,858,624, €8,812,805, CHF1,935,000, CHF619,200, CHF451,500, CHF412,800, CHF361,200, CHF270,900, CHF245,100, CHF206,400, CHF161,250
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