Christie’s recent online auction in Hong Kong was interesting for collectors and investors because it offered several high-value pieces which outperformed their estimates. The sale, titled Jewels Online: the Hong Kong Edit, ran from March 10 to 21 and brought in a total of HKD 26.5 million (around $3.4 million).
(Photo courtesy of Christie’s website)
A standout of the auction was a flawless, pear-shaped diamond ring weighing almost 9 carats. Graded E in color, this exceptional piece achieved HKD 2.5 million (approximately $324,000), making it the most expensive item at the auction.
Several other items offered without reserve received enthusiastic bidding and were sold for much more than expected:
- A ruby and diamond necklace, expected to sell for up to HKD 300,000 ($38,500), was purchased for twice more, with a final sale price of HKD 604,800 ($77,800).
- A 10.06-carat diamond ring with small inclusions and clear yellow tint went for almost HKD 530,000 ($68,000), more than its expected price of HKD 280,000.
- A classic ring with 14 diamonds weighing slightly more than 14 carats also surpassed its high estimate, earning HKD 352,800 ($45,400).
Jewelry from famous brands like Wallace Chan, Van Cleef & Arpels, Chanel, and Cartier also sold for higher prices than predicted. Attention to branded fine jewelry shows the global demand and desire to have own pieces with stories.
This bracelet has 28 diamonds with a total weight of almost 47 carats. The largest diamond in the center weighs 4.07 carats. It was sold for HKD 2.4 million ($308,758), within the expected price range. (Photo courtesy of Christie’s website)
These earrings were sold without a minimum price. Both earrings have around 5 carats, differing by just 0.01 carats. Together, they sold for HKD 2 million ($257,300), right in the middle of the expected range. (Photo courtesy of Christie’s website)
This bracelet has 34 emerald-cut diamonds, each weighing around 1 carat. All are D color, and the total weight is slightly more than 34 carats. It was sold without a minimum price and earned HKD 1.6 million ($210,725), which was more than expected. (Photo courtesy of Christie’s website)
This ring has a 5.05-carat diamond that is E color and clear with no imperfections inside. It sold for HKD 1.2 million ($154,375), matching the top of its price estimate. (Photo courtesy of Christie’s website)
