Holiday Jewelry Guide
The holiday season is upon us, and the shopping has already begun. If you want to buy jewelry for gifting your loved ones, we are here to help! We’ve put…
By Erika Winters
An 8.41-carat fancy vivid purple-pink diamond fetched a record $17.8 million at Sotheby’s Hong Kong. Image: Sotheby’s
An 8.41-carat internally-flawless, fancy vivid purple-pink diamond sold for a record $17.77 million ($2.1 million per carat) at Sotheby’s Hong Kong on October 7. The pear-shaped pink diamond–set in a Sotheby’s Diamonds mounting–was expected to fetch between $12.8 and $15.4 million at Sotheby’s Magnificent Jewels and Jadeite autumn sale.
According to Sotheby’s, both the previous world auction record for a fancy vivid pink diamond and the record price-per-carat for a pink diamond were established in 2009 in Hong Kong with the sale of a 5.00-carat fancy vivid pink, which sold for $10,776,660 (or $2,155,332 per carat).
A 17.16-carat Kashmir sapphire and diamond ring also established a new world auction record price-per-carat for any sapphire, Sotheby’s stated. The rare sapphire sold for $4.06 million ($236,404 per carat) breaking the previous record garnered by a 28.18-carat Kashmir sapphire and diamond ring that sold at Sotheby’s New York for $5,093,000 ($180,731 per carat) in April 2014.
“The top lot of the night, a vivid purple-pink diamond ring mounted by Sotheby’s Diamonds, attracted keen competition before fetching a wonderful price of HK$137.88 million and setting a world auction record for a fancy vivid pink diamond,” said Sotheby’s Deputy Chairman for Asia Quek Chin Yeow.
Visit Sotheby’s to see all auction results from the Hong Kong Magnificent Jewels and Jadeite sale.
A 17.16-carat Kashmir sapphire and diamond ring fetched $4.06 million ($236,404 per carat) at Sotheby’s Hong Kong. Image: Sotheby’s
Related:
Sotheby’s Hong Kong to Auction 8.41-Carat Fancy Vivid Purple-Pink Diamond
Sotheby’s Geneva Jewelry Auction Achieves $141.5 Million, Sets New World Record
