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RESULTS | Hong Kong Magnificent Jewels Autumn Auction Achieved HK$397,085,000 / US$51.5 MILLION

52% Of Lots Sold Above High EstimateSold by Value: 79% | Sold by Lot: 76%

Jewellery, Watches & Handbags

Hong Kong APAC 29 November 2020

Hong Kong – On 29th November, Christie’s Magnificent Jewels auction totalled HK$397,085,000 / US$51.5 million.

Christie’s once again offered a sensational creation by Edmond Chin and the House of Boghossian, as the top lot of the sale, with the EMERALD AND DIAMOND DOUBLE RIVIÈRE NECKLACE, realising HK$54,250,000 / US$7 million, , breaking its previous record for a selection of no oil Colombian emeralds set by the emerald and diamond Palmette necklace which sold for HK$46,460,000 in May 2017, breaking its previous record for a selection of no oil Colombian emeralds set by the emerald and diamond Palmette necklace which sold for HK$46,460,000 in May 2017.

Coloured diamonds performed exceptionally well in the sale, with a pair of 3.29 CT EACH FANCY INTENSE BLUE INTERNALLY FLAWLESS DIAMOND EARRINGS, attracting heated bidding in the saleroom before being eventually sold to a phone bidder for HK$47,050,000 / US$6.1 million. This was accompanied by a 4.90 CT FANCY INTENSE PINK DIAMOND RING which sold for HK$29,050,000/US$3.8 million and an IMPORTANT FANCY VIVID YELLOW DIAMOND RING of 18.08 CTS which sold for twice the low estimate at HK$11,050,000/US$1.4 million.

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Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.

* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.