Tzoffey's Jewels Auction

Tzoffey's Jewels Auction
Not all the big jewel auctions happen at Sotheby's or Christie's, Tzoffey's Auction House will be holding an auction of precious gems as part of the 32nd World Diamond Congress in Israel next month. The auction has an estimated value of $50 million and includes both jewelry and unset gems. The piece shown here is a brooch set with blue, pink and white diamonds (a total of 41.84 carats) mounted in platinum. This bauble has an estimated value of $5 to $7 million. Other items include a five carat orange diamond and a sapphire and diamond brooch in the shape of a swallow which is set with a briolette sapphire that weighs 43.48 carats. The auction takes place at the Tel Aviv Hilton Hotel on June 28 and is open only to professionals in the jewelry trade.