Christie’s Hong Kong Sets Asia’s Jewelry Auction Record

On Nov. 26, Christie’s Hong Kong sold $111,337,808 million in jewelry—the highest-ever total for a jewelry auction in Asia.

With 309 lots offered, the fall Magnificent Jewels sale sold 86 percent by lot and 91 percent by value. Four pieces broke the $5 million mark, and 27 earned more than $1 million.

Vickie Sek, director of the Jewelry and Jadeite Department at Christie’s Asia, said in a statement: “Asian clients bid competitively with collectors from all over the world and helped achieve world-record prices for a ruby necklace, an orangey pink diamond, and a pair of natural pearl ear pendants.”

Here’s a glimpse of the top 5 sellers:

A circular-cut D flawless 104.84 cts. t.w. diamond necklace (above); sale price: $8,144,064

87.78 cts. t.w. Burmese ruby and diamond necklace (above); sale price: $6,402,240

Oval-shape 13.21 ct. Burmese ruby ring (above); sale price: $5,966,784

D internally flawless fringe necklace by Harry Winston (above); sale price: $5,095,872

Oval-shape 12.85 ct. fancy intense orangey pink diamond (above); sale price: $4,950,720—a world record price for an orangey pink diamond, plus a world record price per carat ($385,000) for an orangey pink diamond


(All photos: Christie’s Images LTD. 2011)

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