Culture / Auctions

Aste Bolaffi Runs Jewelry Sale in Milan

A 5.3-carat emerald-cut diamond was one of many stars sold by the Italian auction house.

Mar 17, 2016 | By Staff Writer

A 5.3-carat emerald-cut diamond on a platinum ring boasting a starting price of €130,000 (approx $145,000) was one of the many vaunted jewels to go on offer in Milan March 15 2016. The auction house Aste Bolaffi held its first auction dedicated to high-end jewelry and watches at the Grand Hotel et de Milan with over 400 lots.

While the diamond ring was seen as the star of the show, other standout pieces include a 7.25-carat loose round diamond (starting price: €40,000 or approx. $45,000), a 6.50-carat Colombian emerald on a platinum and diamond ring from the 1960s (starting price: €30,000 or approx. $33,000), a Cartier gold and diamond brooch from the 1940s (price: €10,000 or approx. $11,000) and a Patek Philippe pocket watch from the early 20th century with its original box and guarantee (starting price: €2,000 or approx. $2,225). A collection once owned by businesswoman Pina Maule Fin also featured in the auction with the proceeds going to a Turin charity.

The results of the sales have yet to be released.

Image courtesy of Aste Bolaffi

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