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Boghossian's emerald necklace sells for US$7 million at Christie's
On 29th November, Christie’s Magnificent Jewels auction totalled HK$397,085,000 / US$51.5 million
By: Diamond World News Service
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Dec 3 2020 10:51AM
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Reference: 25294  

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Christie’s once again offered a sensational creation by Edmond Chin and the House of Boghossian, as the top lot of the sale, with the EMERALD AND DIAMOND DOUBLE RIVIÈRE NECKLACE, realising HK$54,250,000 / US$7 million, , breaking its previous record for a selection of no oil Colombian emeralds set by the emerald and diamond Palmette necklace which sold for HK$46,460,000 in May 2017, , breaking its previous record for a selection of no oil Colombian emeralds set by the emerald and diamond Palmette necklace which sold for HK$46,460,000 in May 2017.

Coloured diamonds performed exceptionally well in the sale, with a pair of 3.29 CT EACH FANCY INTENSE BLUE INTERNALLY FLAWLESS DIAMOND EARRINGS, attracting heated bidding in the saleroom before being eventually sold to a phone bidder for HK$47,050,000 / US$6.1 million. This was accompanied by a 4.90 CT FANCY INTENSE PINK DIAMOND RING which sold for HK$29,050,000/US$3.8 million and an IMPORTANT FANCY VIVID YELLOW DIAMOND RING of 18.08 CTS which sold for twice the low estimate at HK$11,050,000/US$1.4 million.

Vickie Sek, Chairman, Jewellery Asia Pacific, commented “Collectors from 24 countries and 4 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 depth of global participation and the encouraging sale results reflect healthy market demand, and continue our leadership in offering the finest jewels at auction.”

 

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