Leonard Joel is thrilled to announce that the largest and most expensive diamond ever to come to auction in Australia sold at last night’s Important Jewels auction in Sydney for $1,125,000 IBP.

Lot 46 | A spectacular platinum
and diamond ring
Sold for $1,125,000 IBP

Lot 46, the spectacular platinum and diamond ring featuring a square emerald-cut diamond weighing 25.02 carats, delighted clients at the viewings in Melbourne and Sydney before selling at auction to an absentee bidder in a historic moment for Leonard Joel.

When the hammer went down, the previous record for the most expensive diamond sold at auction in Australia – set at Leonard Joel’s Important Jewels auction last August when a 17.34 carat diamond ring sold for $575,000 IBP – was broken. The seller of the “Leonard Joel Diamond” is over the moon, and Hamish Sharma, Leonard Joel’s Head of Important Jewels, is delighted to have broken his own record.

Leonard Joel’s Important Jewels auction on 20 April 2021 in Sydney delivered $4,275,000 IBP, making it the highest grossing jewellery auction in Australian history. The auction saw competitive bidding from all over the world in the 50K+ range, but the majority of lots were sold to Australian buyers.

Other highlights from the night included lot 24, a rare pair of platinum and diamond earrings, the square emerald-cut diamonds, weighing 10.03 and 10.00 carats respectively, that sold for  $650,000 IBP, lot 49, an impressive platinum, 18ct gold, fancy intense yellow diamond and diamond ring that sold for $287,500 IBP, and lot 73, an exceptional platinum and diamond ring, the brilliant-cut diamond weighing 10.07 carats that sold for $275,000 IBP.

2021 marks 40 years since Leonard Joel sold Hollywood actress Claire Adams Mackinnon’s jewellery collection and founded their jewels department. Last night’s results further cement Leonard Joel as the leaders of the auction jewellery marketplace in Australia.

 

April 2021 Important Jewels
A Selection of Highlight Results

Lot 46 | A spectacular platinum and diamond ring
Sold for $1,125,000 IBP

 

Lot 49 | An impressive platinum, 18ct gold, fancy intense yellow diamond and diamond ring
Sold for $287,500 IBP

 

 

Lot 37 | A sensational 18ct gold, emerald and diamond pendant necklace, the claw-set rectangular step-cut Zambian emerald weighing 80.88 carats
Sold for $81,250 IBP

 

 

Lot 24 | A rare pair of platinum and diamond earrings, the square emerald-cut diamonds weighing 10.03 and 10.00 carats respectively
Sold for $650,000 IBP

 

 

Lot 71 | A stunning pair of 18ct white gold and diamond earrings, the brilliant-cut diamonds weighing 5.51 carats and 5.61 carats respectively
Sold for $168,750 IBP

 

 

Lot 73 | An exceptional platinum and diamond ring, the brilliant-cut diamond weighing 10.07 carats
Sold for $275,000 IBP

21 April 2021