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  • WORLD AUCTION RECORD FOR FANCY PINK DIAMOND AT SOTHEBY’S HK

    THE 8.41 carat internally flawless fancy vivid purple pink diamond.

    THE 8.41 carat internally flawless fancy vivid purple pink diamond.

    There was a world auction record for a fancy vivid pink diamond at Sotheby’s in Hong Kong on October 7. The  8.41 carat stone sold for US$17.77 million.  There was a world auction record price per carat for any sapphire at the same sale when a 17.61 Kashmir sapphire and diamond ring sold for 4.06 million or uS$236,404 per carat.  The magnificent jewels and jadeite sale realised US$75 million.

    Quek Chin Yeow, Deputy Chairman and Head of Jewellery Department, Sotheby’s Asia, said: “Tonight we were thrilled to achieve consecutive per-carat price records for Kashmir sapphire first with the Cartier sapphire ring at HK$1,505,246 / US$193,975 per carat then again with a sapphire and diamond ring at HK$1,834,499 / US$236,404 per carat.  The top lot of the night, a vivid purple-pink diamond ring mounted by Sotheby’s Diamonds, attracted keen competition before fetching a wonderful price of HK$137.88 million and setting a world auction record for a fancy vivid pink diamond.  Also notable is a very fine icy multi-coloured jadeite ‘Guan Yin’ ornament which achieved HK$14.44 million and figures among the top ten lots of the sale.  The highly anticipated Ballerina Butterfly brooch co-designed by Cindy Chao and Sarah Jessica Parker to benefit the New York City Ballet achieved HK$9.4 million.”

    (See posts on antiquesandartireland.com for August 14 and 15, 2014).

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