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The top lot of Christie’s Oct. 16 auction of Magnificent Jewels was this 50.52-carat flawless diamond, which sold for $188,000 per carat.

The top lot of Christie’s Oct. 16 auction of Magnificent Jewels was this 50.52-carat flawless diamond, which sold for $188,000 per carat.

The top lot of the auction was a 5.08-carat round brilliant, fancy light pink diamond of VVS2 clarity (below), which sold for $1.4 million, or $280,807 per carat, after a pre-sale high estimate of $ 700,000.

The top lot of the auction was a 5.08-carat round brilliant, fancy light pink diamond of VVS2 clarity (below), which sold for $1.4 million, or $280,807 per carat, after a pre-sale high estimate of $ 700,000.

Another highlight of the auction was a pair of pear-shaped fancy yellow and colorless diamond ear pendants (below), of 52.78 and 50.31 carats, which sold for $ 4.6 million to Essex Global Trading, Inc.

Another highlight of the auction was a pair of pear-shaped fancy yellow and colorless diamond ear pendants (below), of 52.78 and 50.31 carats, which sold for $ 4.6 million to Essex Global Trading, Inc.

This Kashmir sapphire and diamond ring realized $ 43,759 per carat at Sotheby’s auction of Important Jewels in New York.

This Kashmir sapphire and diamond ring realized $ 43,759 per carat at Sotheby’s auction of Important Jewels in New York.

Included in the colored diamond lots will be a 70.19-carat fancy vivid yellow rectangular-cut diamond (below) of VS clarity, which has a pre-sale high estimate of $ 5.1 million.

Included in the colored diamond lots will be a 70.19-carat fancy vivid yellow rectangular-cut diamond (below) of VS clarity, which has a pre-sale high estimate of $ 5.1 million.

This fancy pink diamond ring is expected to fetch $ 5 million at Christie’s sale of Magnificent Jewels in Geneva Nov. 13.

This fancy pink diamond ring is expected to fetch $ 5 million at Christie’s sale of Magnificent Jewels in Geneva Nov. 13.

Geneva witnessed another record-setting sale. A 10.48-carat fancy deep blue briolette-shaped diamond sold for $ 10.9 million at Sotheby’s on Wednesday, setting two world auction records.

Geneva witnessed another record-setting sale. A 10.48-carat fancy deep blue briolette-shaped diamond sold for $ 10.9 million at Sotheby’s on Wednesday, setting two world auction records.

These emerald earrings are expected to sell for more than $ 4 million at Christie’s Hong Kong sale of Magnificent Jewels, scheduled to take place on Nov. 27 at the Hong Kong Convention & Exhibition Centre.

These emerald earrings are expected to sell for more than $ 4 million at Christie’s Hong Kong sale of Magnificent Jewels, scheduled to take place on Nov. 27 at the Hong Kong Convention & Exhibition Centre.

This 76.02-carat diamond was the property of the Archduke Joseph August of Austria, though it is unknown exactly when the stone entered the royal House of Habsburg. The diamond is expected to garner more than $ 15 million at auction. Photo credit: Tony Falcone

This 76.02-carat diamond was the property of the Archduke Joseph August of Austria, though it is unknown exactly when the stone entered the royal House of Habsburg. The diamond is expected to garner more than $ 15 million at auction. Photo credit: Tony Falcone

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