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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
By: Diamond World News Service
Nov 30 2021 10:31AM
Reference: 26017  


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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