Golconda Diamonds Set Record at Christie’s

The Imperial Cushions, a pair of cushion-cut
diamond ear pendants with diamonds from the Golconda mines, set a new
price-per-carat
world record for colorless Golconda stones at Christie’s Hong Kong
Magnificent
Jewels sale May 31.

The 23.49- and
23.11-carat stones, each D and potentially flawless, fetched $9.29
million, or
$200,000 per carat, a new record. The pre-sale estimate was $7 million
to $9
million.

The sale itself
brought in $89.5 million, with 80 percent sold by lot and 89 percent
sold by
value.

“With $110 million
changing hands in two days, we have just concluded our best season for
jewelry
and watches in Asia,” said Vickie Sek, director of the jewelry and
jadeite
department for Christie’s Asia, in a statement.