News

Advanced Search

$3.1M Fancy Light Pink Diamond and Ring up for HK Auction

Oct 28, 2015 9:10 AM   By Rapaport News
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... A 12.31-carat VVS1 pear-shaped fancy light pink diamond and diamond ring valued at an estimated $3.1 million (HKD 24 million) are among the highlights at a tender by Hong Kong auction house Luxeford in November, the company said in a statement.

The stone is exceptionally chemically pure and flanked by pear-shaped diamond shoulders weighing 1.26 and 1.2 carats and an openwork gallery embellished with pavé-set brilliant-cut diamonds of pink hue, Luxeford said in the statement.

Also up for auction on November 10 at Hong Kong’s Conrad Hotel is a jadeite necklace with an estimated value of $970,000 comprising 34 gently graduated round jadeite beads of very good translucency measuring approximately 10.68mm to 18.72mm, the statement added.

Other lots include a pair of SSEF-certified ‘Royal Blue’ sapphire and a pair of diamond earrings weighing 12 and 11.20 carats originating in Sri Lanka, estimated at $620,000. The gems have not undergone thermal treatment and comprise rich and homogeneous colors, high clarity and a “marvelously” proportioned cut, according to the seller’s description.

In addition, the auction will showcase a pair of unmounted pear-shaped D-color, internally flawless diamonds weighing 4.56 and type-IIa 4.52 carats, estimated at $520,000; a 21.46-carat emerald and diamond ring, estimated at $450,000; and a natural pearl and diamond necklace with three strands of cream pearls valued at $430,000.

A public exhibition of these and other lots will be held at the Conrad Hotel from November 7 to 10.
Tags: auction, gemstones, Hong Kong, Rapaport News, retail
Similar Articles
GemfieldsNirav Modi Crisis Hits Gemfields
May 27, 2018
Proceeds slumped at Gemfields’ May auction of higher-quality rough emeralds as the Nirav Modi fraud case hurt
Gemfields 150 121417Gemfields Owner Reduces Staff, Salaries
Dec 14, 2017
Colored-gemstone producer Gemfields is taking measures to reduce debt and revive profit growth, following its acquisition
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.