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Christie’s HK sale breaks record for colourless diamond sale in Asia
The auction churns sale worth US$ 82,705,484 in total
By: Diamond World News Service
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Dec 2 2011 1:04PM
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Reference: 6524  

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Christie’s HongKong Magnificent Jewels Sale held on 29 november 2011, broke the records of sale of colourless diamonds at auctions in Asia. The record breaker was a pair of perfect round diamonds of 71.38 cts which sold for US$16.4m. Overall the auction in total generated revenues worth US$ 82,705,484.

“Fine coloured stones and natural pearls also fetched extremely strong prices, helping Christie’s realize US$172m, the highest ever annual result for any auction house in Hong Kong,” said Vickie Sek, Director of the Jewellery and Jadeite Department, Christie’s Asia.

The top lot was a 35.77 ct D Flawless Type IIa brilliant-cut diamond sold for S$8,275,350, followed by a 35.61 ct D Flawless Type IIa brilliant-cut diamond bought for US$8,131,654, a pair of 25.38 and 23.12 ct cushion-shaped Colombian emerald ear pendants were the third top lot which sold for US$4,036,318 (which also was a world record for a pair of emerald ear-pendants), followed by a 26.41 ct cushion-shaped Kashmir sapphire and diamond brooch selling for US$3,820,774. A Burmese ruby and diamond cluster necklace of 59.12 cts, by J.W. Currens sold as the fifth top lot for US$3,748,926, followed by a natural coloured pearl and diamond bead necklace selling for US$3,102,294. A 43.36 ct cushion-shaped Fancy Vivid Yellow diamond sold for US$2,642,467 as the seventh top lot, while a 3.17 ct modified rectangular-cut Fancy Intense Blue, IF diamond took the eight top lot spot selling for US$2,383,814. A 68.90 ct emerald and diamond brooch/pendant, by Harry Winston sold for US$2,240,118 and a pair of 4.03 and 4.01 ct pear-shaped Fancy Pink diamond ear pendants sold as the tenth top lot for US$2,024,574.

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