A pair of blue diamond earrings sold for $7 million at Christie’s Hong Kong

The fall sale pushed the annual auction total for the category in Asia to HK$1.15 billion/U
148 million, confirming Christie’s continued market leadership in the region by offering the finest jewelery and gemstones at auction.

A standout lot from the sale was lot 1974 – a jadeite, ruby ​​and diamond necklace and bracelet set by Cartier, which sparked a 10-minute competition between two determined bidders over the phone, and eventually sold for 8,050 HK$000/US$1,037,275, 8 times the pre-sale low estimate of HK$1,000,000/US$128,866.

Vickie Sek, Chair, Jewelery Department, Christie’s Asia-Pacific, said, “We are very grateful to conclude this year with a remarkable total of HK$1.15 billion/$148 million in auction sales. The outstanding results and strong sell-through rates from our live and online-only sales in 2021 reflect a rapidly recovering market with robust demand, which began with our record sale of ‘The Sakura’ pink diamond this spring, which s sold for HK$226 million / US$29 million, and continued tonight with a pair of 3.06 and 2.61 carat Fancy Vivid Blue Diamond earrings that reached HK$58 million / US$7.5 million. We look forward to building on our momentum at our next Magnificent Jewels auction in New York on December 8th.