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The Martian Pink Diamond Sells for $17M at Christie's Hong Kong

Sale of Magnificent Jewels Earns $80M, was 79% Sold by Lot

May 29, 2012 1:06 PM   By Jeff Miller
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RAPAPORT... Christie’s Hong Kong sale of Magnificent Jewels today achieved a total of $80,258,468 (HKD 623,124,750) and was 79 percent sold by lotdiamond auction. The top lot, the Martian Pink (pictured), a 12.04-carat, fancy intense pink diamond signed by Harry Winston sold to an anonymous bidder for $17,395,728 or $1,444,823 per carat.

Secondly, a pair of 10.88-carat, D, flawless brilliant-cut diamonds sold to an asian private for $4,845,456. The third top lot, a 6.04-carat, Burmese ruby ring (pictured below) by Etcetera sold for $3,330,768, fetching a world auction record per carat for a ruby at $551,000.

Vickie Sek, the director and head of jewelry and jadeite at Christie’s Asia, said, ''The $80 million auction was highlighted with top prices across the board, culminating in a world record price of $551,000 per carat for a perfect Burmese ruby of 6.04 carats.''

Another highlight of the sale included a diamond ring by JAR, which sold for $2,970,128 and featured an oval-cut 10.67-carat and two pear shaped diamonds of 6 carats, all were D, IF. ruby diamond ring

Other top lots included a 3.11-carat, VVS1 intense pink rectangular-cut diamond that sold for $2,032,464; a 14.37-carat, D, IF pear that sold for $1,960,336; and an 11.85-carat, D, potentially IF diamond ring by Harry Winston that also sold for $1,960,336.
Photographs courtesy of Christie's Hong Kong.

Tags: auction, chrisite's, diamonds, Harry Winston, Hong Kong, Jeff Miller, ruby
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