RapNet


Rapaport News

 

Polished Markets

 
Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

8ct. Blue Sells for $20M at Christie’s

Jewel goes for $2.6 million per carat at Hong Kong auction.
May 30, 2018 6:14 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... An 8.01-carat blue diamond necklace was the top seller at Christie’s Magnificent Jewels auction in Hong Kong on Tuesday.

The pear-shaped, fancy vivid blue, internally flawless piece by Moussaieff sold for just under $20.5 million, or $2.6 million per carat, Christie’s said. Its original estimate was $18.5 million to $24.9 million (HKD 145 million to HKD 195 million).

Other top lots at the sale included a colored diamond bracelet that designer Edmond Chin created for the House of Boghossian. The piece set a world auction record for its category, at $4.5 million, smashing its pre-sale estimate of $2 million to $3.2 million (HKD 16 million to HKD 25 million). A jadeite necklace featuring two oval-shaped diamonds weighing 1.50 and 3.02 carats fetched $4.3 million, against a price estimate of $3.8 million to $6.4 million (HKD 30 million to HKD 50 million).

A pair of pear-shaped, 7.46- and 6.81-carat Brazilian Paraiba tourmaline ear pendants set a world auction record price for Paraiba tourmaline, at $2.8 million. Its estimate was $1.6 million to $2.3 million (HKD 12.8 million to HKD 18 million). A pearl and diamond necklace from the Rockefeller family collection also made the top 10, as did three Burmese ruby pieces.

Overall, 64% of lots sold for a total of $72.1 million. The next Christie’s sale is the Paris Fine Jewels auction, which will take place on June 6, followed by Magnificent Jewels on June 12 in New York, and the London Important Jewels sale on June 13.
Tags: Christie’s, Christie’s Hong Kong, Christie’s Magnificent Jewels, Edmond Chin, House of Boghossian, Important Jewels, Magnificent Jewels, Moussaieff, Paris Fine Jewels, Rapaport News, Rockefeller
Similar Articles
Gold DemandGold Demand Lifts Mood at India Jewelry Show
Feb 17, 2020
Exhibitors at IIJS Signature in Mumbai expressed confidence India’s wedding tradition...
Rapaport Weekly Market Comment
Panel Highlights Traceability Opportunity
Bonhams Shelves Auction Amid Epidemic
Bonhams Bruno  150Bonhams Chairman Steps Up as CEO Exits
Feb 13, 2020
Bonhams has named executive chairman Bruno Vinciguerra as its new...
Martin Rapaport Addresses Israel Diamond Week
US Polished Imports Drop to Nine-Year Low
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us