RAPAPORT... A “highly important” green jadeite bangle is slated to be
the most valuable item at Sotheby’s jewelry auction in Hong Kong next month,
drawing an estimate of up to $9 million (HKD 70 million).
The vivid emerald-green bangle is a rare example of “jadeite
of the best quality,” Sotheby’s said, adding that jadeite bangles are
“exceedingly scarce.” Its lower estimate is $6.5 million.
Other lots at the Hong Kong Magnificent Jewels and Jadeite
on October 4 are a pear-shaped, 6.59-carat, fancy intense purple-pink,
internally flawless (IF) diamond ring, which is expected to fetch $5.3 million
to $6.4 million, or up to $977,921 per carat. The center stone is accented with
pear-shaped and round diamonds,
mounted in 18 karat white gold.
In addition, a Harry Winston diamond necklace with a total
carat weight of 177.51 carats will be up for bids, estimated at $5.4 million
(HKD 42 million) to $6.2 million, or up to $34,853 per carat. The cascade necklace features nine pear-shaped,
D-color, IF diamonds mounted in platinum.
Separately, Sotheby’s will auction an oval-shaped,
27.38-carat, D-color, VS2 diamond at its Important Jewels auction in New York
on September 22. The piece is estimated to fetch $2 million to $2.5 million, or
up to $91,308 per carat. The auction will also feature a cushion-cut,
30.71-carat, fancy intense yellow diamond, VS1, accented by 0.80 carats of round diamonds, slated to draw $675,000
to $775,000.
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