An Exceptional Jadeite Bead Necklace
Price Realised: HK$69,037,500/ US$8,836,123
Hong Kong – On 25 May, Christie’s Magnificent Jewels live auction totalled HK$439,698,540/ US$56,277,104 with solid sell-through rates of 85% by lot and 83% by value, and drew global participation from 13 countries across 4 continents.
The top lot of the sale, an Exceptional Jadeite Bead Necklace, sparked spirited competition and eventually sold for HK$69,037,500/ US$8,836,123 to a collector on the telephone.
Vickie Sek, Chairman, Department of Jewellery, Christie’s Asia Pacific, commented, “Our Hong Kong saleroom exhibited market vibrancy and strong buying momentum, extended from our Geneva saleroom where we set an auction record for The Rock of 228.31 carats just earlier this month. We are delighted to have achieved strong prices across the diverse selection of fine jadeite, rare coloured and colourless diamonds, as well as important coloured gemstones. We are very well positioned to further engage collectors worldwide with our upcoming Magnificent Jewels auction including Twelve Jewels by JAR from The Estate of Ann Getty & the 103-carat D colour flawless Light of Africa Diamond, in New York on 8 June.”
Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).
Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie's is also recognised as a reference for prestigious single owner collections, having auctioned 8 of the 10 most important collections in history.
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