RELEASE: "The Imperial Cushions" Golconda diamonds to be offered at Christie's Hong Kong Magnificent Jewels Sale on 31 May 2011

Hong Kong

“The Imperial Cushions” 

Spectacular Golconda diamonds to lead

 Christie’s Hong Kong Magnificent Jewels Spring Sale in May

Hong Kong –   A pair of spectacular ear-pendants featuring the world’s rarest diamonds from the legendary Golconda mines will be offered at Christie's Hong Kong Magnificent Jewels Sale, which will be held on Tuesday, 31 May, 2011 at the Hong Kong Convention & Exhibition Centre. The Imperial Cushions, a pair of 23.49 carats and 23.11 carats D Potentially Flawless Golconda Type IIa diamonds ear-pendants, is estimated at HK$55 million to 78 million / US$7 million to 10 million. The occurrence of such a pair of Golconda gemstones, with a limpidity that is particular to the world’s finest Type IIa diamonds, is a natural marvel. At 23.49 and 23.11 carats each, this pair of cushion-cuts is of exceptional calibre – matching in size, cut and shape, and represents a true jewel of majestic proportions.  With Type IIa diamonds being less than 2% of the world’s production, this superbly matched pair of The Imperial Cushions is a unique example of magnificence and rarity. While the present diamonds do not actually come with an imperial provenance, the quality, workmanship, size, and rarity are certainly of a caliber worthy of a royal collection.

The Imperial Cushions

Since their discovery more than 3,000 years ago, diamonds have retained an unrivaled position in the mineral kingdom. For centuries the extraordinary properties and characteristics of these beautiful gemstones have mesmerized explorers, financiers and aristocrats all over the world. Golconda diamonds in particular, have a degree of transparency rarely seen in stones from other localities, such as Africa, Brazil, Russia or Australia. The characteristic that sets them apart from all other diamonds is the subtle, luminous, Type IIa quality. Type IIa diamonds are the most chemically pure form of diamond lacking in nitrogen which therefore yield exceptional optical transparency. From ancient Indian to modern times, The Imperial Cushions are a glittering survival of the past and remains one the most outstanding jewels to ever appear on the market today.

Besides the exceptional size and quality of the gemstones, the ear-pendants are fashioned in the cushion shaped cutting style as a perfectly matched pair. The cushion form is seen in many historic gems including The Koh i Noor, The Agra and The Regent. The pair of stones illustrated here are as rare as you can possibly find and would be at home in royal collections anywhere in the world. 

Golcondas in the Salesroom

The Imperial Cushions, a magnificent pair of cushion-cut diamonds, imperial in quality and size, recalls some of the most important Golconda stones ever auctioned at Christie's. Of significance is the Archduke Joseph diamond, a D SI1 cushion-cut Golconda diamond of 78.54 carats that sold at Christie's Geneva in 1993 for US$6,487,945. The Imperial Cushions bear a striking resemblance to the shape of the Archduke Joseph diamond with its rectangular cushion cut and horizontally divided pavilion main facets – perhaps a style of cutting that is not entirely unfitting with its Indian lineage. Other notable Golconda diamonds offered previously at auction include the Ahmadabad, a historical pear-shaped diamond of 78.86 carats that fetched US$4,324,554 at Christie’s Geneva in 1995; The Polar Star, a 42.28-carat cushion diamond with an eight-pointed star cut on its pavilion which sold for US$5,086,705 at Christie's Geneva in 1980; and the Indore diamonds, an exquisite pair of pear-shaped diamonds weighing 46.39 and 44.14 carats - neither of these stones were D colour or Internally Flawless, but nevertheless they achieved the sum of US$2,686,600 – a tremendous amount in 1987.

More recently, Christie’s Hong Kong sold a 16.72-carat marquise-shaped Golconda diamond for HK$$24,180,000/US$3,114,384 in November 2010.

In advance of the 31 May sale in Hong Kong, The Imperial Cushions will be on view in the following cities around the world by appointment:

Date

Location

Venue

9-11 April

New York

Christie’s New York  – Rockefeller Center

23-24 April

Shanghai

The Waldorf Astoria

26-27 April

Beijing

St. Regis Hotel

5-6 May

Singapore

Christie’s Singapore

10-11 May

Bangkok

Christie’s Bangkok

14-17 May

Geneva

Four Seasons Hotel de Bergues

21-22 May

Taipei

Fubon Life Assurance Building

26-31 May

Hong Kong

Hong Kong Convention and Exhibition Centre

 

About Christie’s

Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Founded in 1766 by James Christie, Christie's has conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting Private Sales for clients and online sales are offered year-round across all categories. Christie’s global presence is spread across a network of international salerooms and 61 representatives and offices. Christies.com provides detailed articles and videos on the objects offered for sale alongside the latest advances in digital viewing tools to make Christie’s accessible to all.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.