The first a heart shaped gem was a 5.04 carat fancy vivid blue heart modified brilliant cut diamond with VS2 clarity. The stone is mounted on a platinum ring flanked by two pear-shaped diamonds. It achieved more than $10.5 million USD, making it the top lot at the Sotheby’s auction.
The second was a 4.49 carat heart modified brilliant cut, internally flawless, fancy vivid pink diamond. It’s mounted on an 18k white gold ring flanked by pear shaped diamonds. It achieved more than $8.1 million USD. at the high end of its estimate, making it the number three lot of the sale.
The buyer or buyers for both lots is unknown at this time and there is no indication whether a single person purchased both fancy colored diamonds.
A 12.11-carat fancy intense blue diamond sold for $15.9 million CHRISTIE’S
A 12.11 carat fancy intense blue diamond sold for $15.9 million USD at Christie’s Hong Kong Magnificent Jewels auction. The internally flawless marquise shaped, brilliant cut gem was sold during a long, drawn out bidding process that was gradually narrowed down to two phone bidders, as seen through the auction house’s live stream.
It blew past its $12.3 million high estimate with a hammer price of $13.6 million which doesn’t include the buyer’s premium. The price per carat was $1.31 million.
The first a heart shaped gem was a 5.04 carat fancy vivid blue heart modified brilliant cut diamond with VS2 clarity. The stone is mounted on a platinum ring flanked by two pear-shaped diamonds. It achieved more than $10.5 million USD, making it the top lot at the Sotheby’s auction.
The second was a 4.49 carat heart modified brilliant cut, internally flawless, fancy vivid pink diamond. It’s mounted on an 18k white gold ring flanked by pear shaped diamonds. It achieved more than $8.1 million USD. at the high end of its estimate, making it the number three lot of the sale.
The buyer or buyers for both lots is unknown at this time and there is no indication whether a single person purchased both fancy colored diamonds.
A 12.11-carat fancy intense blue diamond sold for $15.9 million CHRISTIE’S
A 12.11 carat fancy intense blue diamond sold for $15.9 million USD at Christie’s Hong Kong Magnificent Jewels auction. The internally flawless marquise shaped, brilliant cut gem was sold during a long, drawn out bidding process that was gradually narrowed down to two phone bidders, as seen through the auction house’s live stream.
It blew past its $12.3 million high estimate with a hammer price of $13.6 million which doesn’t include the buyer’s premium. The price per carat was $1.31 million.
A 21.52 carat untreated Colombian emerald fetched nearly $1.2 million at Phillips Hong Kong Jewels and Jadeite July auction. The gem sold within estimates all sales include buyer’s premium. Described by the auction house as “exceptional and very rare,” it was the top lot in an otherwise mixed sale where several important lots were left on the block.
Among the items that didn’t sell was the top lot heading into the auction: a 20.25 carat internally flawless fancy vivid yellow diamond set on a diamond ring. Its estimate was $1.1 million to $1.5 million. It was withdrawn prior to the sale. Another item that was withdrawn was a necklace featuring 11 fine oval jadeite cabochons surrounded by brilliant cut diamonds and linked by marquise and pear shaped diamonds set on 18k white gold. Its estimate was $808,000- $1 million.
In addition, a very fine pair of fine jadeite cabochon earrings set on white gold did make it to the block but failed to find a bidder. Its estimate was $750,000 to $1.1 million.
Harry Winston 12.55 carat diamond ring sold for $1.1 million PHILLIPS
An important signed jewel that failed to attract a buyer was a one of a kind Peacock bangle by Chopard. The elaborate high jewelry creation is notable for its resplendent tail feathers that wrap around the wearer’s wrist. This design, marked by numerous details, is adorned with 7,500 gems that required hundreds of hours of study and work. Its estimate was $230,000 to $280,000.
Items that did do well in the sale held on July 8 at the JW Marriott Hong Kong were signed Harry Winston jewels and emeralds, such as the top lot.
Harry Winston Colombian emerald and diamond ear clips sold for $370,960 PHILLIPS
The number two lot in the sale was a a 12.55 carat rectangular step-cut diamond set on a vintage platinum ring, 1953. The D/IF type IIa diamond sold for $1.1 million, within estimates. In addition, a “very fine” pair of 4.52 and 4.44 carat step-cut Colombian “no oil” emerald and diamond ear clips from the famed New York jeweler sold for $370,960, within estimates. A pair of classic diamond cluster ear clips totaling 21.63 carats sold for $209,673, within estimates.
A 6.38 carat cushion-shaped emerald mounted on a platinum and 18k gold ring surrounded by diamonds by Bulgari fetched $403,218, within estimates.
Karen Suen conch pearl, pink diamond and diamond necklace sold for $217,737 PHILLIPS
Three jewels featuring gem quality conch pearls by contemporary Hong Kong jewelry designer, Karen Suen, were part of the sale. One of the three jewels, a conch pearl, pink diamond and diamond necklace fetched $217,737, within estimates. The other pieces, a pair of earrings and a ring made of conch pearls and diamonds failed to sell.
A 21.52 carat untreated Colombian emerald fetched nearly $1.2 million at Phillips Hong Kong Jewels and Jadeite July auction. The gem sold within estimates all sales include buyer’s premium. Described by the auction house as “exceptional and very rare,” it was the top lot in an otherwise mixed sale where several important lots were left on the block.
Among the items that didn’t sell was the top lot heading into the auction: a 20.25 carat internally flawless fancy vivid yellow diamond set on a diamond ring. Its estimate was $1.1 million to $1.5 million. It was withdrawn prior to the sale. Another item that was withdrawn was a necklace featuring 11 fine oval jadeite cabochons surrounded by brilliant cut diamonds and linked by marquise and pear shaped diamonds set on 18k white gold. Its estimate was $808,000- $1 million.
In addition, a very fine pair of fine jadeite cabochon earrings set on white gold did make it to the block but failed to find a bidder. Its estimate was $750,000 to $1.1 million.
Harry Winston 12.55 carat diamond ring sold for $1.1 million PHILLIPS
An important signed jewel that failed to attract a buyer was a one of a kind Peacock bangle by Chopard. The elaborate high jewelry creation is notable for its resplendent tail feathers that wrap around the wearer’s wrist. This design, marked by numerous details, is adorned with 7,500 gems that required hundreds of hours of study and work. Its estimate was $230,000 to $280,000.
Items that did do well in the sale held on July 8 at the JW Marriott Hong Kong were signed Harry Winston jewels and emeralds, such as the top lot.
Harry Winston Colombian emerald and diamond ear clips sold for $370,960 PHILLIPS
The number two lot in the sale was a a 12.55 carat rectangular step-cut diamond set on a vintage platinum ring, 1953. The D/IF type IIa diamond sold for $1.1 million, within estimates. In addition, a “very fine” pair of 4.52 and 4.44 carat step-cut Colombian “no oil” emerald and diamond ear clips from the famed New York jeweler sold for $370,960, within estimates. A pair of classic diamond cluster ear clips totaling 21.63 carats sold for $209,673, within estimates.
A 6.38 carat cushion-shaped emerald mounted on a platinum and 18k gold ring surrounded by diamonds by Bulgari fetched $403,218, within estimates.
Karen Suen conch pearl, pink diamond and diamond necklace sold for $217,737 PHILLIPS
Three jewels featuring gem quality conch pearls by contemporary Hong Kong jewelry designer, Karen Suen, were part of the sale. One of the three jewels, a conch pearl, pink diamond and diamond necklace fetched $217,737, within estimates. The other pieces, a pair of earrings and a ring made of conch pearls and diamonds failed to sell.
At least 4,429 unevaluated diamond stones in the possession of a French citizen were seized last Sunday in Lucapa, eastern Lunda Norte province, National Police have said. ,
The detention was a result of a police investigation following several tip offs on clandestine sale and purchase of diamonds in the residence of the French citizen, said the police note reached Angop.
The operation also led to the seizure of USD 3,350 euros, two scales, three magnifying glasses, four diamond shovels.
The transparency operation which was extended to the maritime coast in March 2019 aimed to curb diamond traffic and illegal migration.
The French citizen has been detained and will be forwarded to the Public Ministry Office in the next days.
From January to May this year 125 diamond tones (still to be rated), USD 1,700 and 55,000 kwanzas were seized.
At least 4,429 unevaluated diamond stones in the possession of a French citizen were seized last Sunday in Lucapa, eastern Lunda Norte province, National Police have said. ,
The detention was a result of a police investigation following several tip offs on clandestine sale and purchase of diamonds in the residence of the French citizen, said the police note reached Angop.
The operation also led to the seizure of USD 3,350 euros, two scales, three magnifying glasses, four diamond shovels.
The transparency operation which was extended to the maritime coast in March 2019 aimed to curb diamond traffic and illegal migration.
The French citizen has been detained and will be forwarded to the Public Ministry Office in the next days.
From January to May this year 125 diamond tones (still to be rated), USD 1,700 and 55,000 kwanzas were seized.
Belgium’s diamond trade slowed in June, with polished exports down 44% year on year to $469 million, according to data from the Antwerp World Diamond Centre (AWDC). However, the rate of decline eased following heavier drops in April and May, when the global industry shut due to the coronavirus. US orders rose 4% to $173 million in June, indicating a gradual recovery as the important retail market reopened.
Belgium Trade Data for June 2020
June 2020
Year-on-year change
Polished exports
$469M
-44%
Polished imports
$350M
-66%
Net polished exports
$120M
2019: Deficit of $185M
Rough imports
$351M
-48%
Rough exports
$237M
-71%
Net rough imports
$114M
2019: Deficit of $125M
Net diamond account
$6M
2019: Deficit of $60M
Polished exports: volume
146,350 carats
-60%
Average price of polished exports
$3,206/carat
40%
1H 2020
Year-on-year change
Polished exports
$2.49B
-58%
Polished imports
$2.51B
-59%
Net polished exports
-$14M
Deficit decreased 95%
Rough imports
$2.75B
-37%
Rough exports
$2.25B
-55%
Net rough imports
$494M
2019: Deficit of $621M
Net diamond account
-$508M
2019: Surplus of $360M
Polished exports: volume
1.2 million carats
-46%
Average price of polished exports
$2,097/carat
-21%
Source: Antwerp World Diamond Centre; Rapaport archives
About the data: Belgium is usually a net exporter of polished diamonds. As such, net polished exports— representing polished exports minus polished imports — will normally be a positive number. The nation is also a net exporter of rough. While Antwerp is home to some high-value manufacturing, its main role in the market is as a facilitator of rough-diamond trading, with companies from around the world coming to the city to buy rough. The net diamond account is total rough and polished exports minus total imports. It is Belgium’s diamond trade balance, and shows the added value the nation creates by exporting rough or manufacturing it into polished.
