Jadeite Necklace Scores Big at Poly Auction

The jadeite necklace that was the top-seller at Poly Auction image

A jadeite, ruby and diamond necklace led Poly Auction’s recent Hong Kong jewelry sale, fetching HKD 14.4 million ($1.8 million).

The necklace consists of 38 jadeite beads, with a clasp featuring an oval-cut, 1.51-carat ruby and multi-shaped diamonds. The piece came in under its presale estimate of HKD 20 million to HKD 30 million ($2.6 million to $3.8 million) at the auction house’s April 6 High Jewelry & Watches sale. 

The 121 lots that sold included a large assortment of diamond jewels, as well as jadeite, colored gemstones, and natural pearls. Pieces from top jewelry houses such as Chopard, Van Cleef & Arpels, and Cartier went under the hammer, as did watches by Omega, Patek Philippe and Rolex.

Here are the rest of the top five pieces:

A ring bearing a round brilliant-cut, 7.36-carat, E-color, VVS1-clarity diamond at Poly Auction image
Sale Price: HKD 2 million ($257,413)
Estimate: HKD 1.3 million to HKD 1.8 million ($165,990 to $229,833)
A ring bearing a round brilliant-cut, 7.36-carat, E-color, VVS1-clarity diamond.
A ring and a pair of earrings with jadeite cabochons in marquise-cut diamond surrounds at Poly Auction image
Sale Price: HKD 1.7 million ($214,513)
Estimate: HKD 1.5 million to HKD 2.5 million ($191,530 to $319,215)
A ring and a pair of earrings with jadeite cabochons in marquise-cut diamond surrounds.
A ring starring a jadeite cabochon in a frame of baguette, marquise and circular-cut diamonds at Poly Auction image
Sale Price: HKD 1.4 million ($183,865)
Estimate: HKD 1.2 million to HKD 1.8 million ($153,220 to $229,833)
A ring starring a jadeite cabochon in a frame of baguette, marquise and circular-cut diamonds.
A pair of earrings with oval-cut Colombian emeralds — one 5.61 carats, the other 5.26 carats — hanging from clusters of pear, baguette and circular-cut diamonds at Poly Auction image
Sale Price: HKD 1.4 million ($183,865)
Estimate: HKD 1.3 million to HKD 1.8 million ($165,990 to $229,833)
A pair of earrings with oval-cut Colombian emeralds — one 5.61 carats, the other 5.26 carats — hanging from clusters of pear, baguette and circular-cut diamonds.

Main image: The jadeite necklace that was the top-seller. (Poly Auction)

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Jadeite Necklace Scores Big at Poly Auction

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