RAPAPORT...
Sotheby’s sold $3.5 million (HKD 26.8 million) worth of jewelry at
its Important Jewels and Jadeite auction in Hong Kong on Tuesday.
The auction was sold 56 percent by lot and 37 percent by
value, Sotheby’s said. It was led by an early
20th-century gem-set and diamond dragon
bracelet, which fetched $266,000 (HKD 2.1 million), beating its pre-sale
estimate of $82,528 to $103,160.
The piece contained about 5 carats of rubies and 1.40 carats of diamonds.
A brilliant-cut round, 6.01-carat, D-color, internally
flawless diamond did not sell, after having been estimated at $515,800 to
$567,380, or up to $94,406 per carat.
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