Christie’s Hong Kong Auction Garners $4.5 million

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The ruby and diamond ring that was the top-selling lot at Christie's image

A ring with a 12.78-carat ruby took center stage at the recent Christie’s auction in Hong Kong, where it more than doubled its high estimate.

The piece, which features an oval-cut Burmese ruby in a surround of pear-shaped diamonds, led the Magnificent Jewels Online sale on December 5, fetching HKD 3 million ($391,529) against an upper estimate of HKD 1.2 million ($154,145).

In total, the auction raked in HKD 35.2 million ($4.5 million), with several pieces from famous houses such as Cartier, Harry Winston and Hermès finding buyers.

Here are the rest of the top 10 lots:

A ring featuring a cushion-shaped, 15.28-carat Sri Lankan sapphire, a circle of pear-shaped diamonds, and round-diamond accents on the band at Christie's image
A ring featuring a cushion-shaped, 15.28-carat Sri Lankan sapphire, a circle of pear-shaped diamonds, and round-diamond accents on the band more than quadrupled its HKD 500,000 ($64,227) high estimate at just over HKD 2 million ($261,020).
The ring features an oval modified brilliant-cut, 8.97-carat Brazilian alexandrite with moderate color-change from green-blue to reddish-purple at Christie's image
The auction house sold this ring for HKD 1.8 million ($228,392), almost six times its HKD 300,000 ($38,536) upper price tag. The diamond-framed jewel features an oval modified brilliant-cut, 8.97-carat Brazilian alexandrite with moderate color-change from green-blue to reddish-purple.
This ring centers an oval brilliant-cut, 3.34-carat Burmese ruby in a frame of eight round diamonds at Christie's image
This ring centers an oval brilliant-cut, 3.34-carat Burmese ruby in a frame of eight round diamonds. It went under the hammer for HKD 1.7 million ($212,078), far above its HKD 280,000 ($35,967) top estimate.
This oval-cut, 12.21-carat Ceylon sapphire in a ring with a border of round diamonds at Christie's image
This oval-cut, 12.21-carat Ceylon sapphire in a ring with a border of round diamonds passed its HKD 500,000 ($64,227) high presale price to achieve HKD 1.5 million ($195,765).
This ring bears an antique cushion-cut, 4.28-carat Burmese ruby in a surround of various-cut diamonds, with additional diamonds on the band at Christie's image
This ring bears an antique cushion-cut, 4.28-carat Burmese ruby in a surround of various-cut diamonds, with additional diamonds on the band. It fetched HKD 1.1 million ($146,824), within its presale price range.
A pair of earrings containing six emerald-cut, D-color, internally flawless diamonds weighing between 1.01 and 3.01 carats — a total of 12.05 carats at Christie's image
A pair of earrings containing six emerald-cut, D-color, internally flawless diamonds weighing between 1.01 and 3.01 carats — a total of 12.05 carats — sold for slightly under HKD 1.1 million ($138,647), just above the lot’s low estimate.
Pear-brilliant-cut, D, VVS1 diamonds of 3.25 and 3.28 carats hang from round diamonds in these earrings at Christie's image
Pear-brilliant-cut, D, VVS1 diamonds of 3.25 and 3.28 carats hang from round diamonds in these earrings, which realized HKD 952,500 ($122,353) at the sale, surpassing their HKD 800,000 ($102,764) high presale price.
Colored-diamond earrings with two cut-cornered rectangular modified brilliant-cut stones — one a 5.12-carat fancy-intense yellow with SI1-clarity, and the other a 5.23-carat fancy-vivid yellow at Christie's image
These colored-diamond earrings with two cut-cornered rectangular modified brilliant-cut stones — one a 5.12-carat fancy-intense yellow with SI1-clarity, and the other a 5.23-carat fancy-vivid yellow — brought in HKD 698,500 ($89,726), within estimates.
This Cartier pendant sports a diamond panther on an onyx hoop, with onyx spots and pear-shaped emerald eyes at Christie's image
This Cartier pendant sports a diamond panther on an onyx hoop, with onyx spots and pear-shaped emerald eyes. It sold for HKD 698,500 ($89,726), above its HKD 580,000 ($74,504) upper estimate.

Image: The ruby and diamond ring that was the top-selling lot. (Christie’s)

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Christie’s Hong Kong Auction Garners $4.5 million

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