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Wednesday, April 6, 2011

Magnificent Jewels & Jadeite Auction Results are up!

While not every lot sold (this is a normal issue at Auction lately), most of the ones that did, sold for the top end of the Auction estimates.


Some for WAY! over the estimate!  Which lead me to ask if people in Hong Kong just loved to spend money?!   How will you ever realize that price if you have to sell the item down the road?


Top sellers were the:


Un-mounted Stones especially the Diamonds...don't you love this photo?  The value of this diamond is equated with that of a luxury sports car!


HIGHLY IMPORTANT UNMOUNTED BRILLIANT-CUT DIAMOND
An unmounted brilliant-cut diamond weighing 25.50 carats.
30,000,000—38,000,000 HKD
Lot Sold.  Hammer Price with Buyer's Premium:  39,860,000 HKD



Jadeite pieces especially the Jadeite Bangles...


AIR OF ICY LAVENDER JADEITE BANGLES
The circular bands of highly translucent soft lavender tone. icy lavendar jadeite

120,000—160,000 HKD  
Lot Sold.  Hammer Price with Buyer's Premium:  1,820,000 HKD






Rare stones did well - I was interested in the sold price of their Covergirl!  This "sugarloaf cab" Ruby ring!


 IMPORTANT RUBY AND DIAMOND RING, BULGARI
Centring on a sugar loaf cabochon ruby weighing 27.67 carats, flanked on each side by a shield-shaped diamond together weighing approximately 3.00 carats, mounted in platinum and 18 karat yellow gold, signed
12,000,000—20,000,000 HKD 
Lot Sold.  Hammer Price with Buyer's Premium:  17,460,000 HKD

...and any piece that showed a phenomena - Cat's Eye Stones went well - but how do you even put a value on a stone with this kind of clarity?


CAT'S-EYE CHRYSOBERYL AND DIAMOND RING
Centring on an oval cabochon cat's-eye chrysoberyl weighing 20.14 carats, to a stylised mount pavĂ©-set with brilliant-cut diamonds extending to the shoulders, mounted in 18 karat yellow gold, photographed unmounted.
680,000—780,000 HKD 

Lot Sold.  Hammer Price with Buyer's Premium:  932,000 HKD






You can check the results for yourself at: 
http://www.sothebys.com/app/live/lot/LotResultsDetailList.jsp?event_id=30602&sale_number=HK0359


There are two sessions - be sure to catch both!
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