Diamond values on the rise, as White Gold necklace brings $20,400

Waddington's of Ontario, Canada, held its Fine Jewellery auction on Tuesday (June 18), lead by the sale of a 14k White Gold Straightline Bracelet.

Seven inches in length and set with 33 brilliant cut diamonds (approximately 17.00ct total weight), the 2.34g bracelet auctioned with an original estimate of $18,000.

Following enthusiastic bidding in the saleroom, the rare piece of jewellery sold for $20,400 (including buyer's premium).

This 14k White Gold Straightline Bracelet sold for $20,400 as diamond values
continue to appreciate in 2010

The above video shows a clip of the bracelet's sale in New York, where it auctioned alongside finely crafted diamond and gemstone jewellery, diamond solitare rings, and important Art Deco.

Meanwhile, June marks the fifth consecutive month of price gains. Since the beginning of the year prices have increased by 15% (you can read our full report here).


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