A marquise-cut, 4.29-carat, fancy vivid blue, internally flawless diamond ring which sold for $11.8 million was the highlight of a Christie’s jewelry auction in Hong Kong.
The Magnificent Jewels sale generated sales of $79 million, with the blue diamond selling for $2.7 million per carat
Christie’s also sold the oval-shaped, 10.05-carat ‘Ratnaraj’ ruby and diamond ring for $10.2 million, achieving the third-highest per-carat price for a ruby at just over $1 million per carat.
“ Once again at Christie’s Hong Kong, Asian collectors and members of the trade showed great confidence for rare and important gemstones,” said Vickie Sek, deputy chairman for Asia and director of Christie’s Asia jewelry department.
“The sale room was packed all day long with spirited bidding for colorless diamonds, colored gemstones and important jadeite jewelry."
The auction was 80 percent sold by lot and 84 percent sold by value, attracting 149 buyers from 23 countries .
