RAPAPORT… A rare blue diamond ring will lead Sotheby’s Magnificent Jewels
& Jadeite auction in Hong Kong on Tuesday, estimated at $7 million (HKD 55
million) to $9.6 million.
The pear-shaped, 5.14-carat, fancy deep blue, SI1-clarity diamond, is mounted on an 18-carat
white gold ring, Sotheby’s said. The pre-sale estimate translates to a price of
up to $1.9 million per carat.
The sale on October 3 will also include a set of earrings, each
featuring a pear-shaped fancy pink diamond — one weighing 5.21 carats and
internally flawless, the other 5.01 carats with VS1 clarity. The pair carries
an estimated price tag of $3.8 million to $5.1 million.
Meanwhile, a 13.26-carat ruby and diamond ring, designed and mounted by
Bhagat, will go under the hammer with an estimated price of $8.7 million to
$11.3 million.
Blue Diamond to Shine at Sotheby’s Hong Kong
The Bottom Line
- A 5.14-carat pear-shaped fancy deep blue diamond ring with SI1 clarity leads Sotheby’s Magnificent Jewels & Jadeite auction, estimated between $7 million and $9.6 million.
- The auction includes a pair of fancy pink diamond earrings, weighing 5.21 and 5.01 carats with internally flawless and VS1 clarity respectively, estimated at $3.8 million to $5.1 million.
- Additional highlights include a 13.26-carat ruby and diamond ring by Bhagat estimated at $8.7 million to $11.3 million, and a Cartier “tutti-frutti” bracelet estimated at $1.3 million to $1.8 million.
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