Christie’s auction in Geneva will be led by 92-Carat La Legende Diamond

Christie’s auction of Magnificent Jewels on May 17 at the ultra-luxe Four Seasons des Bergues hotel in Geneva will feature La Légende, a 92-carat D color Flawless heart-shaped diamond pendant signed by Boehmer et Bassenge.

La Légende is a diamond and cultured pearl necklace set with a 92.15-carat heart shaped, D color, Flawless diamond pendant. Suspended from a cultured pearl sautoir, it has a pre-sale estimate of $14 million-$20 million and will be the largest D Flawless heart shaped diamond ever to be offered at auction.

Despite what Christie's calls the piece's "pure quality and magnitude", the necklace is unlikely to approach the jaw-dropping sums paid for smaller coloured diamonds in recent years.

In Hong Kong last month the 59.60-carat "Pink Star" fetched a record $71.2 million (€65.1 million), a price that highlighted the galloping market for rare pink and blue diamonds.

Film buffs with a seat at the Christie's sale will also have the chance to bid on a set of ruby and diamond earrings and matching bracelet given to late Hollywood star Elizabeth Taylor in 1957 by her then husband, director and producer Mike Todd. Christie's said the parure could sell for up to $500,000.

In addition, the auctioneer will offer La Vie Bohème, a pair of chandelier ear pendants, each with an asymmetrical pink diamond bow, a pear-shaped diamond connecting link, suspending a marquise-cut diamond weighing approximately 10.07 and 10.05 carats, respectively. Each stone is a D color, Flawless clarity diamond, with perfectly symmetrical cuts and the pre-sale estimate is $2 million-$3 million.