48-Carat Diamond Ring Fetches $4.2M at Auction

christies cartier may11 2 297x300From Anthony DeMarco of Forbes, comes this story of a REALLY  big stone….at a really big price. Warning;  Objects may be larger than they appear icon smile  And ya, know?  Sometimes you CAN get too much of a good thing….

A 46.51-carat oval-cut diamond, flanked on either side by a pear-shaped diamond, weighing approximately 1 and 1.01 carats., fetched an impressive $4.2 million at Christie’s Important Jewels sale in New York. The E color, VVS2 diamond mounted on a platinum ring has a presale estimate of $2.5 to $3.5 million. The two pear shaped diamonds were graded as D color, VS1 and VS2 clarity, respectively.

Get the rest of the story here.

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