Christie’s Hong Kong churns revenues worth over $75 million

According to Vickie Sek, the director and head of the jewelry and jadeite department of Christie’s Asia, “Exceptional Colombian emeralds and Burmese rubies, as well as D, flawless diamonds, made top prices in an eight-hour auction that achieved $75 million”, at Christie's Hong Kong sale of Magnificent Jewels held on November 27.

The sale hosted a strong participation for Asia- Pacific region with all top lots being bought by Asian private buyers. The sale generated total revenues of over $75 million,

A Burmese ruby and diamond necklace by James W. Currens featured as the top lot which was bought for $5,169,842. A pair of Colombian emeralds, 23.34 carat and 23.18 carat, sold for $4,298,258. Two 8.88 carat, D, flawless diamonds fetched $209,300 per carat or $3,717,202 and an 8.59 carat, fancy pink diamond ring by JAR sold for $3,571,938.

“Private collectors from all over the Asia-Pacific region, which represented 90 percent of the buyers, showed great depth across the board. The strength of the region was clearly apparent with competitive bidding throughout the day, confirming the role of Hong Kong as a major auction center for every category,” said Vickie Sek.