Press Release

Sotheby's Hong Kong Jewellery Autumn Sales Totals HK$426m / US$55m

Hong Kong


The First World-Class Diamond Ever to be Auctioned Without Reserve

A highly important 102.39-carat D Colour Flawless Oval Diamond
Sells for HK$121.6m / US$15.7m

Magnificent Jewels Sale Highlighted By ‘Imperial Green’ Jadeite

‘Imperial Green’ Jadeite Bead and Diamond Necklace
Fetches HK$62,963,000 / US$8,124,258

Exceptional Gems Attracts Enthusiastic Bidding

A 6.41 Carat Unheated Burmese ‘Pigeon’s Blood’ Ruby and Diamond Ring, Designed and Mounted By FORMS, Achieves HK$21,955,000 / US$2,832,903

Two days after the landmark sale of the 102.39 carat D Colour Flawless Oval Diamond which sold for HK$121.6m / US$15.7m (see separate release), Sotheby’s Magnificent Jewels auction tonight sold further exceptional gemstones, led by ‘Imperial Green’ Jadeite Bead and Diamond Necklace, bringing this season’s jewellery sale total to HK$426 million / US$55 million.

We are encouraged by this season’s jewellery auction results. Travel restrictions were no impediment to this October sale, with two-thirds of our buyers participating from outside Hong Kong, a result that is testament to our digital platform and outreach. Collectors’ taste in the region remains selective, with eyes focusing on rare, top-quality investment grade jewellery – whether diamonds, gemstones or jadeite – and pieces with a strong design appeal, whether antique, period, contemporary or signed. The other star of the show, besides the world-class diamond, was the imperial green jadeite necklace, continuing the success we saw in July for jadeite pieces of the highest calibre.
Wenhao Yu, Deputy Chairman, Jewellery, Sotheby's Asia

Result Highlights:

‘Imperial Green’ Jadeite

· Top lot: (Lot 1662) An Extremely Rare and Exceptional ‘Imperial Green’ Jadeite Bead and Diamond Necklace
Sold for HK$62,963,000 / US$8,124,300
· (Lot 1660) A Highly Rare and Important Jadeite And Diamond Parure
Sold for HK$14,090,000 / US$1,818,100 (est. HK$12,000,000 - 16,000,000 / US$1,560,000 – 2,080,000)

Exceptional Gems and Diamonds

· (Lot 1743) An Exceptional 6.41 Carat Unheated Burmese ‘Pigeon’s Blood’ Ruby and Diamond Ring, Designed and Mounted By FORMS
Sold for HK$21,955,000/ US$2,832,900 (est. HK$17,000,000 - 22,000,000 / US$2,200,000 – 2,900,000)
· (Lot 1724) Emerald, Diamond and Coloured Diamond Ring
Sold for HK$9,613,000 / US$1,240,400 (est. HK$3,800,000 – 5,000,000 / US$494,000 – 650,000)
· (Lot 1750) A 8.88 Carat Exceptional Fancy Vivid Yellow Diamond and Diamond Ring
Sold for HK$8,403,000 / US$1,084,300 (est. HK$4,700,000 – 6,000,000 / US$615,000 – 780,000 )
· (Lot 1752) A 5.22 Carat Fancy Intense Blue Diamond and Diamond Ring, Mount by Cartier
Sold for HK$34,660,000 / US$4,472,300 (est. HK$25,000,000 – 30,000,000 / US$3,250,000 – 3,900,000)
· (Lot 1638) A 16.38 Carat Diamond Ring, Mount by Van Cleef & Arpels
Sold for HK$19,535,000 (est. HK$16,000,000 - 20,000,000)

Contemporary Designer Highlights

· (Lot 1744) Set of Three Jadeite, Diamond and Pink Sapphire Brooches, Cindy Chao
Sold for HK$1,512,000 / US$195,100 (est. HK$1,200,000 – 1,500,000 / US$156,000 – 195,000)
· (Lot 1741) Sapphire and Diamond Ring, FORMS
Sold for HK$2,772,000 / US$357,800 (est. HK$1,000,000 - 1,800,000 / US$130,000 – 234,000)

Period and Antique Highlights

· (Lot 1652) Art Deco Emerald and Diamond Brooch, Cartier
Sold for HK$1,260,000 / US$162,600 (est. HK$1,000,000 – 1,300,000 / US$130,000 – 169,000)
· (Lot 1655) Diamond Tiara, Possibly Carrington & Co., Late 19th Century
Sold for HK$2,331,000 / US$300,800 (est. HK$1,400,000 – 1,800,000 / US$182,000 – 234,000)

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