Sotheby’s Hong Kong – Magnificent Jewels and Jadeite Sale Results

October 17th, 2011 by

The 5 October auction of Magnificent Jewels and Jadeite accumulated a grand total of HK$510 million / US$65 million (Estimate: HK$673-859 million / US$86–110 million), the highest total for a sale of Magnificent Jewels and Jadeite at Sotheby’s in Hong Kong.

The sale set World Auction Records for these two important coloured diamonds:

– Mandarin Orange – A 4.19-Carat Fancy Vivid Orange Diamond and Diamond Ring sold for HK$23 million / US$2.9 million (Est. HK$19-23 million). This was a World Record price per carat (HK$5,503,578 / US$705,587 per carat) and the highest price for any fancy vivd orange diamond at auction.

– A 6.01-Carat Fancy Vivid Blue Diamond and Pink Diamond Ring sold for HK$79 million / US$10 million (Est. HK$70–85 million). This was a World Record price per carat for any fancy vivd blue diamond (HK$13,154,739/ US$1,686,505 per carat).