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A pair of blue diamond earrings sold for $7 million at Christie's Hong Kong

Christie’s Magnificent Jewels live auction totalled HK$498,283,750/ US$64,205,855 with solid sell-through rates of 87% by lot and by value, and drew heated participation from buyers in 14 countries

diamond world news service

The autumn sale has pushed the annual auction total for the category in Asia to HK$1.15 billion/ U
148 million, affirming Christie’s continued market leadership in the region in offering the finest jewellery and gemstones at auction.

A noteworthy lot of the sale was lot 1974 - a set of Jadeite, Ruby and Diamond Necklace and Bracelet by Cartier, which sparked a 10-minute competition between two determined bidders on the phone, and eventually sold for HK$8,050,000/ US$1,037,275, 8 times the pre-sale low estimate of HK$1,000,000/ US$128,866.



Vickie Sek, Chairman, Department of Jewellery, Christie’s Asia Pacific, commented, “We are very thankful to wrap up this year with a remarkable total of HK$1.15 billion/ US$148 million in auction sales. The exceptional results and solid sell-through rates across our live and online-only sales in 2021 reflect a rapidly reviving market with robust demand, that began with our record-breaking sale of ‘The Sakura’ pink diamond this Spring which sold for HK$226 million/ US$29 million, and continued tonight with a pair of Fancy Vivid Blue Diamond Earrings of 3.06 and 2.61 Carats which achieved HK$58 million/ US$7.5 million. We look forward to continued momentum at our upcoming Magnificent Jewels auction in New York on 8 December.”




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