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19 June 2013

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RELEASE: WORLD AUCTION RECORD FOR A BRIOLETTE DIAMOND NAMED “THE STAR OF CHINA”

Hong Kong APAC 19 June 2013

Hong Kong – Christie’s announces that “The Star of China” is now the name of the largest and most perfect briolette diamond offered for sale at auction, on top of the other two world record breaking diamonds, The Princie Diamond and The Winston Legacy Diamond, sold at Christie’s in New York and Geneva respectively this season.

Ms. Tiffany Chen, Vice Chairman of China Star Entertainment Limited, is the new owner of the briolette diamond. She names the diamond after her company as “The Star of China”.

“The Star of China”, also known as the top lot sold at Hong Kong Magnificent Jewels sale on 28 May 2013, is a briolette diamond weighing 75.36 carats priced at US$148,000 per carat, achieving a world record HK$86,110,000 / US$11,151,245. While less than one carat in every 100,000 carats of diamond will be found in a perfect condition, this briolette of imposing size is certified by the Gemological Institute of America (GIA) to be D colour and type IIa.

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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.