RELEASE: MAGNIFICENT JEWELS SPRING 2013 SALE HIGHLIGHTS

Hong Kong

MAGNIFICENT JEWELS 

SPRING 2013 SALE HIGHLIGHTS

A 75.36CT D/IF TYPE IIA (EX) BRIOLETTE  

DIAMOND PENDENT NECKLACE TOPS THE SALE 

 

| Magnificent Jewels, Woods Room, May 28, 1:30pm, Sale 3218|

 

Hong Kong – Christie’s Hong Kong will stage its Magnificent Jewels sale on May 28, 2013. Comprising over 290 jewels, the sale is estimated to realize in excess of HK$590 million/US$74 million. Signed pieces from world-class jewelry houses will be presented in the sale. A number of the fine jewels feature distinctive shapes, structures and colour combinations that will attract the attention of collectors with an eye for design. The leading highlight of the sale is a magnificent diamond and coloured diamond pendent necklace. Highlights also extend to an exceptional emerald and diamond necklace, and a ruby and diamond ring.

 

HIGHLIGHTS OF THE SALE  

With a blend of high-calibre craftsmanship, top-quality stones and unique design characteristics, three masterpieces stand out in this sale. The first, a magnificent diamond and coloured diamond pendent necklace (illustrated right, lot 1706, est. HK$66,800,000-98,000,000/US$8,500,000-12,500,000), has a marquise-cut purplish pink diamond suspending a briolette diamond weighing 75.36 carats, the biggest briolette diamond that has ever appeared in auction. While less than one carat in every 100,000 carats of diamond will be found in a perfect condition, this briolette of imposing size is certified by the Gemological Institute of America (GIA) to be D colour and type IIa, indicating its internally flawless clarity, excellent polish, highest level of chemical purity and exceptional optical transparency.

The second is an exceptional emerald and diamond necklace (illustrated left, lot 1655, est. HK$24,000,000-40,000,000/US$3,000,000-5,000,000) mounted by Boucheron in the 1950s. Its eight emeralds are set with a line of graduate old European and cushion-shaped diamonds each weighing 10 carats or above alternating with baguette-cut diamonds. In addition, the centre stone shows no indication of clarity modification and the other emeralds are all in well saturated green color, which creates a beautiful colour contrast and further elevates the necklace’s value. Jewels of such quality are typically owned by extraordinarily affluent upper-class collectors.

The third jewel is a ruby and diamond ring by James W. Currens for Faidee (illustrated right, lot 1790, est. HK$18,800,000–28,800,000/ US$2,300,000-3,500,000). Its centerpiece, a natural oval-shaped ruby of 8.88 carats that possesses a richly saturated and homogenous colour and a high degree of transparency, is joined by pear and marquise-cut diamonds. The Gubelin Gemmological Laboratory stated the ruby is of Burma (Myanmar) origin, with no indications of heating and this colour appearance is described in the trade as ‘pigeon blood.’

 

COLOURED GEMSTONES  

Apart from the three top lots, an array of highlights that boast high quality and eye-catching design features can be found across all categories. In Coloured Gemstones, the must-see piece is a rare sapphire and diamond necklace signed by Cartier (illustrated left, lot 1788, est. HK$18,000,000-28,000,000/US$2,300,000-3,500,000) that is set at the front with a cushion-shaped sapphire weighing approximately 44.53 carats, joined to the neckchain designed as a fringe of brilliant-cut diamonds suspended from knife-edge surmounts. According to the SSEF Swiss Gemmological Institute, the sapphire is of Burma origin, with no indication of thermal enhancement.

 

PEARLS & JADEITE

 

 

 

 

On the other hand, top pieces in Pearls & Jadeite category are mostly from private collections. In recent years, the limited supply of top-notch jadeite is met with growing interest and demand from both Chinese and western collectors, prompting its market price rise. The quality of jadeite is determined by a number of factors including colour, translucency and thickness. This season’s jadeite highlights are all sourced from Burma, and the three highlight pieces are: a suite of jadeite and diamond jewellery (illustrated top left, lot 1770, est. HK$18,000,000-25,000,000/US$2,300,000-3,500,000) consisting of a ring, a pair of earrings, and a necklace set with 14 oval jadeite cabochons of brilliant emerald green colour and high translucency, enhanced by brilliant-cut diamond spacers; a magnificent carved jadeite Guanyin (illustrated top, second from left, lot 1673, est. HK$13,800,000- 18,800,000/US$1,800,000-2,400,000) of vivid emerald green colour and glassy translucency, which is reported by the Hong Kong Jade & Stone Laboratory to be natural and with no detected polymer; and a pair of multi-gem ear pedants signed by Asian jewellery designer Wallace Chan (illustrated top, second from right, lot 1630, est. HK$800,000-1,200,000/US$100,000-150,000), each suspending a jadeite peapod of bright emerald green colour and high translucency, backed with a larger peapod set with diamond and lapis lazuli, enhanced by yellow diamond scrolls and tsavorite garnet leaf.

 

For pearl jewels, an exceptional double-strand natural pearl, emerald and diamond necklace (illustrated top right, lot 1760, est. HK$12,000,000-18,000,000/US$1,500,000-2,250,000) leads the category. The piece comprises an astounding number of 150 cream natural pearls to the clasp of geometric design, centering upon an emerald, within a single and baguette-cut diamond surround mounted in platinum. These saltwater natural pearls’ authenticity has been confirmed by the SSEF Swiss Gemmological Institute.

COLOURED DIAMOND

Taking the spotlight in the Coloured Diamond category are an exclusive pair of coloured diamond and diamond ear pendants (illustrated left, lot 1661, est. HK$12,500,000-18,000,000/ US$1,600,000-2,250,000), and a unique emerald, ruby and coloured diamond necklace signed by Carvin French (illustrated right, lot 1653, est. HK$4,000,000-6,000,000/ US$500,000-750,000). The former consists of two diamonds each weighing 28.65 and 28.27 carats, both certified by the GIA to be type IIa, as well as of fancy brownish, yellow, natural colour and VS1 clarity. The latter is strikingly designed as an articulated pave-set brilliant-cut yellow diamond coiled snake with yellowish brown and orange patches, a ruby and emerald head and emerald eyes, suspending an emerald weighing approximately 12.29 carats, within a brilliant-cut yellow diamond frame.

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.