(30 Nov 2022)
FOR CLEAN VERSION SEE STORY NUMBER: 4408947
RESTRICTION SUMMARY:
ASSOCIATED PRESS
New York - 30 November 2022
1. Various of the Golden Canary diamond
2. Tight of U.S. Constitution up for auction
3. Wide of T-Rex skull up for auction
4. SOUNDBITE (English) Quig Bruning, Senior Vice President and Head of Jewelry at Sotheby's
++COVERED++
"So we're just kicking off our luxury week here in New York so that sales of jewelry, watches, wine and spirits, we'll have cars, we'll have properties we'll have the US Constitution, a dinosaur skull. This is a week where our luxury division exhibits all of our greatest things."
5. SOUNDBITE (English) Quig Bruning, Senior Vice President and Head of Jewelry at Sotheby's
"So the luxury market, in general, has gone from strength to strength over the past year. The sales that we've had in New York and globally, specifically for jewelry have far outpaced we've been doing the past couple of years."
6. SOUNDBITE (English) Quig Bruning, Senior Vice President and Head of Jewelry at Sotheby's
++PARTIALLY COVERED++
"So I'm standing in front of the Golden Canary diamond. It's the largest flawless or internally flawless diamond ever graded by the GIA. It's 303 carats, deep, brownish yellow. And its name is the star lot of our December 7th magnificent jewel sale."
7. Various of the Golden Canary diamond
8. SOUNDBITE (English) Quig Bruning, Senior Vice President and Head of Jewelry at Sotheby's
++COVERED++
"The history of it is great too. It was discovered in the 1980s by accident by a little girl playing in Africa and we know the history from that moment until today."
9. SOUNDBITE (English) Alexander Eblin, Vice President and Senior Specialist in Jewelry Department at Sotheby's
"Though we've estimated it at $15 to $20 million, we're selling it without reserve. That means there's no minimum selling price."
10. Tight of ring
11. SOUNDBITE (English) Alexander Eblin, Vice President and Senior Specialist in Jewelry Department at Sotheby's
++PARTIALLY COVERED++
"This is a stone that was cut from a crystal that was found in the wreck of the Atocha. That is a ship that was sunk in 1622 and after 350 years, it was recovered by the team of Mel Fisher."
12. SOUNDBITE (English) Alexander Eblin, Vice President and Senior Specialist in Jewelry Department at Sotheby's
++COVERED++
"This was recovered as a crystal and became part of the proceeds that Mr. Frank Perdue was given after being one of the earliest backers of the recovery effort."
13. Various of ring on hand
14. SOUNDBITE (English) Alexander Eblin, Vice President and Senior Specialist in Jewelry Department at Sotheby's
++PARTIALLY COVERED++
"This ended up being Frank Perdue's prize, which he gifted to his then fiancee, Mitzi Perdue. And this was used as an engagement ring. And after all this time, Ms. Perdue is going to be selling this to benefit humanitarian relief in the Ukraine. It's a very noble cause, an incredible jewel, an incredible story."
15. Tight of ring on hand
STORYLINE:
As the holiday season ramps up, Sotheby's auction house in New York is getting ready to auction off some of its highest value luxury items, ranging from multi-million dollar pieces of jewelry to historical artifacts and even a one-of-a-kind dinosaur skull fossil.
The crown jewel of its current collection is knows as the Golden Canary diamond.
At an estimated value of $15 to $20 million, the 303 carat diamond has humble beginnings.
The Golden Canary diamond will be auctioned off among other high-value jewels at Sotheby's on December 7th.
It goes up for auction on December 13th.
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