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PRESS RELEASE | Christie’s Hong Kong Magnificent Jewels Autumn Auction Highlights

Jewellery, Watches & Handbags

Hong Kong APAC 29 October 2020

Hong Kong – On 29 November Christie’s Magnificent Jewels will present a carefully curated live auction of 230 lots, featuring a broad selection of sensational diamonds, coloured gemstones, exceptional jadeite pieces and iconic designs from legendary jewellery brands. In addition to the previously announced leading highlight – the BOGHOSSIAN EMERALD AND DIAMOND DOUBLE RIVIÈRE (estimate: HK$55,000,000 – 80,000,000/US$7,000,000 – 10,000,000, full release please click here). this sale will encompass gorgeous pieces from classic to contemporary eras to excite worldwide collectors and enthusiasts alike.

COLOURED DIAMONDS

Coloured diamonds are coveted wonders at auction, often setting records for their extreme rarity. This season, Christie’s will be presenting a spectacular selection of exquisite coloured diamonds in an array of vivid colours and intensity, ranging from blue, pink and yellow hues.

Leading this section are a pair of 3.29/3.29 CARAT FANCY INTENSE BLUE INTERNALLY FLAWLESS DIAMOND EARRINGS (estimate: HK$25,000,000 – 35,000,000/ US$ 3,200,000 – 4,400,000, shown top right on above page), and A 4.90 CARAT FANCY INTENSE PINK/VS1 DIAMOND RING (estimate: HK$25,000,000 – 35,000,000/ US$3,200,000 – 4,400,000, shown centre below).

COLOURED GEMSTONES

Untreated rubies of exceptional quality always command higher prices per carat than any other gemstone apart from coloured diamonds at auction. In particular, Sri Lankan rubies have a long and noble history, and have become extremely scarce today due to the exhaustion of the mines and the lack of any significant new discoveries for many decades.

This season, Christie’s is very honored to present The Chinthamani Ruby – a 17.05 CARAT CEYLON RUBY RING (estimate: HK$8,800,000 – 12,000,000/ US$1,100,000 – 1,500,000), a name that symbolizes a wish-fulfilling jewel within both Hindu and Buddhist traditions. Almost flawless, this beautifully proportioned gemstone possesses an adamantine crystal structure that radiates strong red colour with sweet pink undertones.

Burma remains as the legendary mine in the eyes of ruby connoisseurs. It is their unrivaled body colour and diminishing yields from the Mogok Valley that make Burmese rubies so coveted, always creating a stir in auction rooms. This autumn in Hong Kong a 5.05 CARAT BURMESE ‘PIGEON’S BLOOD RED’ RUBY RING (estimate: HK$13,500,000 – 18,000,000/ US$1,700,000 – 2,300,000, shown left) is poised to lure every jewellery lover’s heart.

Burmese sapphires and Colombian emeralds continue to captivate collectors with their rarity and striking beauty. This season, Christie’s is pleased to offer A 43.88 carat Burmese "Royal Blue" sapphire ring (estimate: HK$9,800,000 – 15,000,000/ US$1,250,000 – 1,900,000, shown left) and a pair of 9.00/8.85 CARAT Colombia no oil emerald and diamond earrings (estimate: HK$6,800,000 – 9,800,000/ US$850,000 – 1,250,000, shown right).

JADEITES

Known as the ‘Stone of Heaven’, jadeite is the hallmark of Asian heritage jewelry. Prized for its cultural significance and embodiment of beauty, righteousness, knowledge and protection, the distinctive gemstone is most sought after by collectors in the region. High degree of translucency – the reflection and refraction caused by a jadeite’s crystalline structure that enables rays of light to penetrate the stone, is what makes this gemstone so valuable and extraordinary.

NOTES TO EDITOR

Preview Touring:

Taipei | 7 – 8 November | Grand Space, Marriott Taipei, 3F, No. 199, Lequn 2nd Road, ZhongShan District, Taipei

Hong Kong | 14 – 19 November | 22/F, Alexandra House, 18 Chater Road, Central

Singapore | 22 – 23 November | 501 Orchard Road, Wheelock Place #19-03, Singapore

Final Preview and Auction at Hong Kong Convention and Exhibition Centre:

Preview: 27 – 29 November

Auction: Hong Kong Magnificent Jewels

Date & Time: 29 November 2020, 2pm

Location: Hall 3C, Hong Kong Convention and Exhibition Centre, No. 1 Expo Drive, Wanchai, Hong Kong

More features on Christies.com:

- Collecting guide: Coloured stones
- Collecting guide: Graff diamonds
- A brief history of blockbuster Burmese rubies
- Collecting guide: Emeralds
- Collecting guide: Jadeite jewellery

Visuals

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About Christie’s

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.