16ct. Yellow Diamond Takes Center Stage at Phillips

A yellow diamond ring was the star of the most recent jewelry sale at Phillips in Hong Kong, fetching HKD 8.9 million ($1.1 million).

The round brilliant-cut, 15.51-carat, fancy-vivid-yellow, VS2-clarity diamond ring fell within its estimated range at the March 28 Hong Kong Jewels auction, Phillips said last week. In total, the sale achieved HKD 32.3 million ($4.1 million), with 73% of items finding buyers.

“The sale total for our spring auction in Hong Kong increased by 20% over the previous season, demonstrating the resilience of the global demand for rare and important jewels across the board,” said Benoît Repellin, worldwide head of jewelry for Phillips. “Fancy colored diamonds commanded the sale…. Vintage signed pieces also performed well. We also saw notable demand for [the] finest Burmese rubies, emeralds and sapphires.”

Here are the rest of the top five jewels at the sale:

This Van Cleef & Arpels necklace, created in 1985, is set with alternating brilliant-cut diamonds and round cabochon turquoises, supporting a fringe of pear-shaped cabochon turquoises. It realized HKD 4.6 million ($584,302), nearly four times its HKD 1.2 million ($150,000) high estimate.

A ring bearing a pear-shaped, 2.65-carat, fancy-intense-orangey-pink, VS1-clarity diamond brought in HKD 2.9 million ($373,304), within estimates.

Phillips sold this brilliant-cut, 5.53-carat, D-color, VVS1-clarity diamond ring for HKD 1.9 million ($243,459), at the upper end of its price range.

A bracelet with 12 cushion-shaped, oval and circular-cut Burmese rubies weighing approximately 24.59 carats in total, as well as kite-shaped diamonds, went for HKD 1.5 million ($194,767), missing its HKD 1.8 million ($230,000) lower presale price.

Source: DCLA

21 ct Yellow Harry Winston Diamond Could Fetch $1.4m

A 21.38 carat Fancy Vivid Yellow diamond is to be auctioned tomorrow (31 January) at Sotheby’s Hong Kong with an estimate of HKD 8,000,000 to 11,000,000 HKD ($1m to $1.4m).

The radiant-cut VS1 gem is flanked by two tapered baguette diamonds, mounted in platinum and 18 karat yellow gold, inscribed HW (Harry Winston).

The FCRF (Fancy Color Research Foundation) gives the stone a visual score of 7 out of 12. It says the stone looks slightly larger in relation to its weight, which is an important feature to consider when buying color diamonds.

“A large vivid yellow radiant cut diamond features a low inner grade and prominent colorless patches around the crown area,” it reports. “No significant green or brown undertone is visible in the hue.”

The stone leads the live Important Jewels auction, Sotheby’s first jewelry auction of the year in Hong Kong, comprising a selection of diamonds, colored stones, jadeites and signed jewels.

Source: IDEX

133 Carat Yellow Diamond Fetches $5.5 Million At Sotheby’s Auction

A 133.03 carat Fancy Vivid Yellow diamond achieved a sale price of more than $5.5 million, becoming the largest fancy vivid yellow diamond to sell at auction.

This was the top lot at Sotheby’s December 5 Magnificent Jewels auction in New York. The unmounted cushion modified brilliant-cut gem with VS2 clarity surpassed its high estimate of $5 million.

The diamond was purchased by Diacore, a diamond manufacturer best known for crafting rare, exceptional diamonds and high-end jewelry.

The company also has a joint partnership with Sotheby’s called “Sotheby’s Diamonds,” in which they manufacture and market diamonds specifically for private sale at Sotheby’s locations in London, New York and Hong Kong.

Source: DCLA