News Bureau

Christie’s Magnificent Jewels achieved US$39.8

Hong Kong Magnificent Jewels July Auction achieved US$39.8 Million / HK$306,610,000 by Continuing Christie’s leadership in offering the finest quality coloured diamonds and gemstones at auction. The auction successfully sold by lot by 82% and also attains the sales by value: 92%.

The top lot of the sale at Christie’s led by 12.11 carat fancy intense blue/IF diamond’s ring that realised the price of HK$122,385,000/ US$15.9 million!

On 9th July, Christie’s Magnificent Jewels auction totalled HK$306,610,000 / US$39.8 million. The top lot of the sale was a 12.11 Carat Fancy Intense Blue/IF Diamond Ring, which realised HK$122,385,000 / US$15.9 million, (price per carat of US$1.31 million), sold after more than 15 minutes of spirited bidding. Another key attraction remained the 19.53 Carats Burmese Star Ruby Pendant Necklace, Etcetera /Price Realised the HK$20,525,000 / US$2.66 million.

Vickie Sek, Chairman, Jewellery Asia Pacific, commented “Collectors from 14 countries and 5 continents around the world bid enthusiastically for some of the most coveted jewels offered at Christie’s Hong Kong today, achieving strong prices for top quality coloured diamonds, jadeite and rubies.

The top lot, a 12 carat fancy intense blue diamond was contested for by many collectors and achieved a superb US$15.9m. This exceptional result reflects the robust global demand in the market, and continues our leadership in offering the finest coloured diamonds at auction.”

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