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Christie’s Expects Up to $42M for Pink Diamond
Nov 1, 2017 8:50 AM
By Rapaport News
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RAPAPORT... A fancy vivid pink diamond will officially be the most
expensive piece of jewelry Christie’s Hong Kong has ever auctioned when it goes
under the hammer at the Magnificent Jewels sale this month.
The 14.93-carat, VVS1-clarity, type IIa stone, known as the
Pink Promise, has an estimate of $28 million to $42 million, Christie’s
announced Wednesday.
It will be one of more than 290 lots in the November 28
auction, though it won’t be the only pink diamond on offer: An 8.80-carat,
fancy intense pink, VVS1 stone set in a ring is expected to sell for $8.8
million to $12 million.
Other items will include an 8.17-carat pigeon’s blood Burmese
ruby ring at an estimated $5.8 million to $8 million, as well as a jadeite-bead
and diamond necklace for a projected $7.3 million to $10 million.
The two pink diamonds leading the sale “are offered in
response to the continued appetite of collectors around the world for pieces of
mesmerizing beauty and unsurpassed quality,” stated Vickie Sek, Christie’s
deputy chairman and director of jewelry for Asia.
The auction will also feature a collection of jewelry by Hong
Kong-based designer Wallace Chan.
Image: Christie’s
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Tags:
asia, autions, Burmese ruby, Christie’s, Christie’s Hong Kong, colored diamonds, Hong Kong, Jadeite, Magnificent Jewels, necklace, Pink Diamond, Pink diamonds, Pink Promise, Rapaport News, Vickie Sek, Wallace Chan
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