Magnificent Jewels Autumn sales totalled HK$611 million / US$79 million
The Ratnaraj, a 10.05 ct rare Burmese Ruby fetched HK$78 million / US$10 million
35% of Lots Exceeded High Estimate
Christie’s Hong Kong Autumn sales of Magnificent Jewels realised HK$611,146,250 / US$79,172,226, selling 80% by lot and 84% by value.
The Ratnaraj sold for HK$78,940,000 / US$10,226,448, setting the third highest price per carat of US$1,017,557 for a ruby.
The sale attracted 149 buyers from 23 countries across 4 continents.
Vickie Sek, Deputy Chairman Asia & Director of Christie’s Asia Jewellery department, commented: “Once again at Christie’s Hong Kong, Asian collectors and members of the trade showed great confidence for rare and important gemstones, led by US$2.7m per carat achieved for the Moussaieff blue diamond ring. The sale room was packed all day long with spirited bidding for colourless diamonds, coloured gemstones and important jadeite jewellery.”