2017-12-05-2017-11-21 --- 2017-11-21 15:22:34--18
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LOT :64
Estimate EUR : €50,000.00 - €80,000.00
Auction Date : 05-12-2017

Description

AN IMPORTANT FANCY COLOURED DIAMOND RING

The cushion-shaped diamond, weighing 7.00cts, within a six-claw setting, mounted in 14K gold, ring size D½

Accompanied by a report from GIA laboratory in America, stating that the diamond weighing 7.00cts, is of Fancy Yellow colour, SI1 clarity. Report number 15124514, dated October 5th 2017

 

 

Fancy-Coloured Diamonds

Diamonds that come in colours beyond the normal colour range of D to Z are known as Fancy-Coloured Diamonds. They can come in colours such as deep yellows and browns as well as pinks, oranges, blues and greens.

Tiffanys famous yellow diamond, The Tiffany a cushion shaped Canary Yellow diamond, has firmly planted the desire for this wonderful yellow hue to grace our fingers or neckline. Yellow diamond engagement rings sported by Hollywood stars, such as Olivia Palermo, Jennifer Lopez, Heidi Klum and Jessica Alba prove that our adoration of yellow diamonds is steadfast.

However, this love affair with yellow diamonds is nothing new, there is a long history of extraordinary yellow diamonds that gained fame, both as exquisite examples of the beautiful nature of diamonds and because of the famous people who wore, bought and sold them. Some examples of notable yellow diamonds are The Allnatt (cushion-cut diamond, Fancy Vivid Yellow 102.29ct), The Florentine (irregular nine-sided shape, Light Yellow, 139ct), The Incomparable (shield- shaped step-cut, Fancy Brownish Yellow, 407.48ct) The Mouna (cushion-cut diamond, Intense Yellow, 112.53ct), The Porges (Asscher-cut, Yellow, 78.53ct) and The Red Cross (cushion-cut, Canary Yellow, 205.07ct).

Fancy coloured diamonds are far more rare than diamonds in the normal colour range. A diamond, particularly a yellow one that shows colour thats deeper or more intense or vivid than a Z colour stone moves it from the ranks of normal coloured diamonds to the realm of fancy-coloured diamonds. Rarity has a profound impact on diamond value.

Understanding and describing colour can be challenging. The 3 elements used to describe colour are hue, tone and saturation. The hue of a stone is the basic impression of a colour. But in order to get a complete picture of colour you have to also consider tone and saturation. Tone is the amount of lightness or darkness in a colour and saturation is the strength, purity or intensity of the hue.

The GIA uses a grading system to describe the combined effect of tone and saturation on the diamonds hue. The scale is divided into 9 categories as follows:

  • Faint
  • Very Light
  • Light
  • Fancy Light
  • Fancy
  • Fancy Intense
  • Fancy Dark
  • Fancy Vivid

A diamonds cut can have an influence on its apparent colour and the bigger the diamond the more obvious the colour.

 

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IMPORTANT INFORMATION FOR PURCHASERS

1. Estimates and Reserves

Estimates are shown below each lot in this sale. All amounts shown are in Euro. The figures shown are provided merely as a guide to prospective purchasers. They are approximate prices which are expected, are not definitive and are subject to revision. Reserves, if any, will not be any higher than the lower estimate.

2. Artists Resale Rights (Droit de Suite) is NOT payable by purchasers

3. Paddle Bidding (In Person)

All intending purchasers must register for a paddle number before the auction. Please allow time for registration. We recommend reading "Buying at Adam's" for first time buyers from our web site www.adams.ie for more information. Please be aware that photographic identification by way of passport or driving licence will be required for new registrants, together with a secure valid credit card. This is for security purposes only. Potential purchasers are recommended to register on viewing days.

3. Buyer's Premium, Payment & Delivery

Buyers Premium:

The buyer shall pay the Auctioneer a commission at the rate of 20% on the Hammer Price plus VAT @ 23% (applied only to the commission) on all individual lots.

For example on a hammer price of €1,000, the Buyer's Premium amounts to €200 and the VAT on the Buyer's Premium amounts to €46.00, giving a total amount due of €1,246

Payment:

All purchases must be paid for within two calendar days of the sale. Our payment terms are cash, banker's draft or cheque drawn on an Irish bank. Cheques will take a minimum of five working days to clear the bank, unless they have been vouched to our satisfaction prior to the sale, or you have a previous cheque payment history with Adam's. We also accept the following Credit Cards: Visa & Mastercard, subject to a credit card surcharge of 1.5% of the total invoice value, & American Express, subject to a surcharge of 3.65%. Debit cards, including Laser card payments, are not subject to a surcharge, however there are daily limits on Laser Card payments. Bank Transfer details are available on request. Please ensure that all bank charges are paid in addition to the invoice total, in order to avoid delays in release of the items. Goods will only be released upon clearance through the bank of all monies due.

Delivery takes place the day after the sale from 10.00am to 5.00pm. Uncollected lots may be subject to storage and handling charges unless specific arrangements have been made with the department. It is important to make contact with us in this regard to avoid any unnecessary charges. Adam's outsource all carriage & shipping requests to recommended third parties whom we deal with on a regular basis. This list is available upon request.

4. VAT Regulations

All lots are sold within the Auctioneer's VAT Margin Scheme unless advised to the contrary. Revenue Regulations require that the Buyer's Premium must be invoiced at a rate which is inclusive of VAT. This is not recoverable by any VAT registered buyer.

The VAT on buyer's premium may be zero rated for lots exported outside of the EU. This facility is available to non-residents and has strict guidelines in relation to availing of this scheme. Please contact a member of the accounts department to enquire further.

5. Absentee and Telephone Bids

We are happy to execute absentee or written bids for bidders who are unable to attend or can arrange for bidding to be conducted by telephone. Bid forms are available from our web site or you can leave absentee bids online by registering on www.adams.ie. Cancellation of bids must be confirmed 24 hours before the auction.

Bidding by telephone may be booked on lots with a minimum estimate of €500. Early booking is advisable as availability of lines cannot be guaranteed.

6. Condition Reports

The property is sold "as is" therefore imperfections/defects are not stated in the catalogue description. It is up to the intending purchaser to satisfy themselves as to the condition of a lot(s) before bidding. Condition reports may be requested in advance of sale subject to our terms of business. The report is an expression of opinion only and must not be treated as a statement of fact.

7. Conditions of Sale

All lots are being sold under the Conditions of Sale as printed in the sale catalogue and on display in the salerooms or via our web site www.adams.ie