Press | Phillips

05 October 2023

Phillips’ Hong Kong Jewels Auction Realises HK$27 Million/ US$3.4 Million

Phillips’ Hong Kong Jewels Auction Realises HK$27 Million/ US$3.4 Million
 


 Auctioneer Benoît Repellin selling lot 579, a 1.63 Carat Fancy Intense Blue Diamond Ring

 

The Hong Kong Jewels Auction, Hong Kong, 5 October 2023

Sale Total: HK$26,935,430 / US$3,447,735

Lots Sold: 73 | Lots Offered: 95

    Sold by Lot: 77% | Sold by Value: 71%

 

Benoît Repellin, Worldwide Head of Jewellery, and Louisa Chan, Head of Sale, Hong Kong, Phillips Jewels, said, “The Hong Kong Jewels Auction this season reaffirmed the strength of the market for rare and important coloured diamonds across the board, with top three pieces sold were coloured diamonds. The sale was led by a 1.63 carat fancy intense blue diamond ring, which fetched HK$7.4 million/ US$942,848. A pair of 9.69 and 9.71 carat fancy intense yellow diamond and diamond earrings also performed well, sold for HK$4.2 million/ US$536,448, In addition, a 5.41 carat fancy orangy pink diamond and diamond ring soared to HK$3.3 million/ US$422,652. The sale also seen a strong online bidding activity, with 35% of lots sold to online bidders. The inaugural jewellery auction in Geneva will be held on 6 November, and we look forward to welcoming Asian collectors to our previews in Taipei and Singapore in the next two weeks.”

 

Top Ten Lots

Lot

Description

Estimate

Price Achieved

579

A 1.63 Carat Fancy Intense Blue Diamond Ring

HK$ 6,240,000 - 9,360,000 US$ 800,000-1,200,000

HK$ 7,366,000
US$ 942,848

561

A Pair of 9.69 and 9.71 Carat Fancy Intense Yellow Diamond and Diamond Earrings

HK$ 3,300,000 - 4,400,000
US$
425,000-560,000

HK$ 4,191,000
US$ 536,488

539

A 5.41 Carat Fancy Orangy Pink Diamond and Diamond Ring

HK$ 1,950,000 - 3,900,000
US$ 250,000-500,000

HK$ 3,302,000
US$ 422,656

577

A 5.39 Carat Sapphire and Diamond Ring

HK$ 1,900,000 - 2,800,000
US$ 240,000-360,000

HK$ 2,540,000
US$ 325,120

551

A Burmese Unheated Ruby and Diamond Necklace, rubies weighing 40.35 carats in total

HK$ 1,400,000 - 2,000,000
US$ 180,000-260,000

HK$ 1,397,000
US$ 178,816

589

Sapphire and Diamond Necklace, sapphires weighing approximately 26.08 carats in total

HK$ 500,000 - 650,000
US$ 65,000-85,000

HK$ 533,400
US$ 68,275

595

A 5.60 Carat Diamond Brooch

HK$ 400,000 - 650,000
US$ 52,000-85,000

HK$ 533,400
US$ 68,275

570

A 2.95 Carat Emerald and Diamond Ring

HK$ 380,000 - 480,000
US$ 48,000-62,000

HK$ 444,500
US$ 56,896

503

Van Cleef & Arpels, Gold, Sapphire, Emerald and Diamond Brooch, 1966

HK$ 40,000 - 65,000
US$ 5,200-8,500

HK$ 406,400
US$ 52,019

586

An 18.06 Carat Emerald and Diamond Ring

HK$ 200,000 - 300,000
US$ 26,000-38,500

HK$ 304,800
US$ 39,014

 

Please click here to download images of top 10 and images from the saleroom.