Christie’s Hong Kong Magnificent Jewels Spring Auction was a record-breaker. Along with achieving the highest sale total for the category in four years, a new world record price was set for the largest purple/pink diamond, which also made it the most valuable jewel sold at auction in 2021.
As the gavel fell on the last lot of the day at the Christie’s Magnificent Jewels auction, HK$593,437,500/US$76,804,799 had been spent on fine gemstones and jewellery.
The standout at the auction was the Sakura (see above), which became the largest purple/pink flawless diamond ever sold at an auction.
The winning bidder won the magnificent jewel for the staggering sum of HK$226,275,000/US$29,285,318, which equates to US$1,852,329 per carat.
The Sakura wasn’t the only pink diamond to wow at the 23 May auction. The Sweet Heart, a 4.19-carat vivid pink gemstone set in a ring, sold for HK$50,650,000/US$6,555,304, which works out to US$1,564,512 per carat.
Regarding the sale, Vickie Sek, the jewellery department Chairman at Christie’s Asia Pacific, said, “We are very excited to have marked another important chapter in jewellery auction history today, with The Sakura realising a record-breaking price of US$29.3 million, continuing Christie’s tradition of offering the finest pink diamonds at auction.
The strong sell-through rates and exceptional prices achieved for top quality coloured diamonds and gemstones reflect robust market demand, and we look forward to extending this strong buying momentum to our upcoming live auction in New York on 8 June.”
It wasn’t only the pink gems that caught the eyes of the eager bidders; other top performing lots included:
A 50.05 carats D Colour Flawless Type IIA Briolette diamond pendant necklace (above) was sold for HK$20,650,000/US$2,672,597.
Emeralds also attracted the interest of bidders with a pair of natural Colombian no clarity enhancement Muzo emeralds earrings (above) known as The Green Jewels, which were 7.32 and 6.46 carats sold for HK$15,850,000/US$2,051,364.
A Burmese ‘Pigeon’s Blood’ ruby ring of 6.04 carat (above) realised HK$14,050,000/US$1,818,401.
Sapphire’s also caught the eyes with a Ceylon sapphire and diamond Rivière necklace by Edmond Chin for Etcetera, achieving HK$7,690,000/US$995,267.
The final jewel we’ve chosen to feature from the sale is a fancy vivid yellow diamond ring of 31.17 carats (above) which realised a price of HK$16,690,000/US$2,160,079.
To see the full results from the Hong Kong Magnificent Jewels auction, click here.
The images used in this article were provided by and copyright of Christie’s Images Ltd.
For more information on current and future Christie’s auctions worldwide, visit their website www.christies.com.
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