RapNet


Rapaport News

 

Polished Markets

 

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

Christie’s Expects Up to $42M for Pink Diamond

14.93-carat stone is most expensive piece the auction house’s Hong Kong branch has ever offered.
Nov 1, 2017 8:50 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... A fancy vivid pink diamond will officially be the most expensive piece of jewelry Christie’s Hong Kong has ever auctioned when it goes under the hammer at the Magnificent Jewels sale this month.

The 14.93-carat, VVS1-clarity, type IIa stone, known as the Pink Promise, has an estimate of $28 million to $42 million, Christie’s announced Wednesday.

It will be one of more than 290 lots in the November 28 auction, though it won’t be the only pink diamond on offer: An 8.80-carat, fancy intense pink, VVS1 stone set in a ring is expected to sell for $8.8 million to $12 million.

Other items will include an 8.17-carat pigeon’s blood Burmese ruby ring at an estimated $5.8 million to $8 million, as well as a jadeite-bead and diamond necklace for a projected $7.3 million to $10 million.

The two pink diamonds leading the sale “are offered in response to the continued appetite of collectors around the world for pieces of mesmerizing beauty and unsurpassed quality,” stated Vickie Sek, Christie’s deputy chairman and director of jewelry for Asia.

The auction will also feature a collection of jewelry by Hong Kong-based designer Wallace Chan.

Image: Christie’s
Tags: asia, autions, Burmese ruby, Christie’s, Christie’s Hong Kong, colored diamonds, Hong Kong, Jadeite, Magnificent Jewels, necklace, Pink Diamond, Pink diamonds, Pink Promise, Rapaport News, Vickie Sek, Wallace Chan
Similar Articles
ShanghaiIsrael, Shanghai Bourses Strengthen Cooperation
Jul 15, 2019
Members of the Israel and Shanghai diamond exchanges are set...
Rio Tinto Unveils Roster of Pink Diamonds
Rapaport Weekly Market Comment
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