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Magna Art Auctions' first major jewelry auction in Madrid

Jan 24, 2025

On December 3, Madrid became the epicenter of luxury and exclusivity with theThe first major jewelry auction organized by Magna Art Auctions. And since we know that our friends and clients at De Salas are lovers of exclusive jewelry and auctions, in today's video we bring you a summary of what a full day of auctions gave us, in which iconic pieces, exceptional diamonds and unique works of art were auctioned.

Let´s get started!

 

The auction on December 3 brought together collectors, investors and jewelry enthusiasts with a total starting price of 4,5 million euros. The jewels Highlights included diamonds coming directly from the Antwerp Stock Exchange, eliminating intermediaries and thus offering absolutely exclusive prices.

 

According to Nacho Luna, head of jewellery at Magna Art Auctions, the aim of this auction was “to bring the world of diamonds closer to people”.

 

Among the most outstanding jewels that could be seen we highlight:

A ring with an 8,02-carat princess-cut diamond in 18-carat white gold, with a starting price of 165.000 euros. A unique piece in its category, as there are only two in the world.

A solitaire with a 6,51 carat cushion-cut diamond, Fancy color, could also be seen. Yellow and SI2 purity, whose starting price was 32.500 euros.

 

Also auctioned was a white gold and diamond necklace, with a total of 25 carats, whose starting price was 37.500 euros.

And a 120-carat aquamarine and an exclusive cross-shaped diamond, both with high collectible value.

 

But without a doubt the big jewel of the auction, and not because of its price, but because of its rarity, was the Ganesha rigid bracelet, attributed to the jeweler Luis Gil. This piece is made of 18 carat gold and has a unique design that represents the head of the Hindu deity Ganesha. This particular piece reached an initial price of 14.000 euros.

 

Another of the lots that could be acquired at the auction was the one that included a historic gold necklace 18-carat 7.500th-century coin from the Duchy of Milan, carefully framed by tracery and ornamental scrolls, signed by the jeweller Palloti. This jewel, decorated with flowers and small pearls, had a starting price of XNUMX euros.

In addition to the impressive jewels, attendees were also able to bid on pieces of viceregal art, ancient painting and sculpture, contemporary art and decorative arts. A date exclusive that took place in Madrid and of which we wanted to share with you the best of the working day.

We hope you enjoyed today's video and we look forward to seeing you soon with much more lifestyle content from De Salas.

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