Yellow-Diamond Earrings Lead $60M Christie’s Sale

Yellow diamond earrings, Christie’s image

A pair of earrings featuring yellow diamonds was the top seller at a Christie’s jewelry auction in Hong Kong, fetching HKD 62 million ($8 million). 

Called The Oriental Sunrise, the set contains two oval mixed-cut, fancy-vivid-orange-yellow diamonds, one weighing 12.20 and the other 11.96 carats, as well as white diamonds. The final sale price fell within its presale range. In total, the October 29 Hong Kong Magnificent Jewels sale garnered HKD 466.8 million ($60.1 million), Christie’s said Wednesday. 

Many items outside the top 10 lots sold for well above their estimates, including some that went for as much as double or trip their top price. Those included a pair of jadeite and diamond earrings, which brought in HKD 5.2 million ($664,860) against a high estimate of HKD 2.5 million ($321,748), and a diamond and ruby pendant necklace that surpassed its HKD 960,000 ($123,550) upper price to achieve HKD 2.3 million ($291,887). 

However, a colored-diamond ring estimated to bring in up to HKD 80 million ($10 million) “was withdrawn due to a strategic decision made by our specialists to adjust the offerings for the sale,” said Ronny Hsu, head of jewelry sales at Christie’s Hong Kong. The piece contained a marquise brilliant-cut, 5.02-carat, fancy-deep-blue, internally flawless diamond center stone flanked by trilliant-cut white diamonds. 

Here are the rest of the top 10 lots:

Rubies and diamond necklace at Christie’s image
A necklace featuring 26 oval-shaped Burmese rubies ranging from 1.27 to 5.38 carats and pear and marquise-shaped, D- to F-color diamonds from 1 to 1.21 carats sold for HKD 50 million ($6.4 million), within its estimated range. 
Cartier blue diamond at Christie’s ring
Cartier created this ring, with a marquise brilliant-cut, 4.39-carat, fancy-vivid-blue, SI2-clarity diamond center stone and baguette and round diamonds. It garnered HKD 23.4 million ($3 million), falling just short of its low estimate. 
Rivière diamond necklace at Christie's image
This rivière necklace contains 51 round brilliant-cut, D-flawless diamonds ranging from 1 to 6.02 carats, for a total of 100.05 carats. It went for HKD 22.2 million ($2.9 million), in the middle of its price range. 
Etcetera emerald and diamonds bangle at Christie's image
A bangle by designer Etcetera with an octagonal step-cut, 38.51-carat Colombian emerald and diamonds came within its presale range to fetch HKD 21.9 million ($2.8 million). 
Etcetera emerald ear rings at Christie's image
Etcetera also made these earrings, with drop-shaped, 41.16- and 39.24-carat Colombian emeralds and cabochon Colombian emeralds weighing 5.30 and 3.99 carats. They brought in HKD 20.3 million ($2.6 million), meeting their estimate. 
Boghossian ruby and diamonds ring at Christie's image
This ring, by Boghossian, has a cushion-shaped, 6.24-carat Burmese ruby, surrounded by diamonds. It achieved HKD 19.7 million ($2.5 million), within its presale range. 
Diamond ear rings at Christie's image
A pair of earrings featuring emerald-cut, D-flawless diamonds weighing 10.04 and 10.03 carats, as well as fancy-intense-purplish-pink diamonds weighing 0.14 carats each, beat its HKD 15 million ($1.9 million) high estimate to realize HKD 17.3 million ($2.2 million). 
Jewel collection of ring and earrings with diamonds and rubies at Christie's image
A collection of jewels comprising a ring and earrings, with heart-shaped Burmese rubies weighing 5.06, 2.55 and 2.45 carats, as well as heart brilliant-cut, round and pear-shaped diamonds, made HKD 14.9 million ($1.9 million), within its original presale price range. 
Cartier diamond ring at Christie's image
This Cartier ring has a round-cornered rectangular brilliant-cut, 12.60-carat, D-color, internally flawless diamond, flanked by two shield step-cut diamonds. It sold for HKD 11 million ($1.4 million), well above its HKD 8.8 million ($1.1 million) high estimate.

Main image: The Oriental Sunrise yellow diamond earrings. (Christie’s)

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Yellow-Diamond Earrings Lead $60M Christie’s Sale

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