Monday, December 1, 2014

Red Diamond sets new record

A heart-shape fancy red diamond ring by Moussaieff set a world auction record at Christie’s Hong Kong on November 25.

The 2.09 carat ring sold for $5,095,872 ($2.44 million per carat) to a private Asian investor.
“Colored stones and colored diamonds were keenly sought by private collectors and members of the international trade at Christie’s Hong Kong,” said Vickie Sek, deputy chairman of Christie’s Asia. “One of the finest red diamonds ever offered for sale achieved a world record price of well over $2 million per carat. It is the most expensive red diamond ever sold at auction.”

Other highlights from the sale: a 10.1 carat cushion Burmese ruby and diamond brooch by Cartier ($8.4 million); a pair of jadeite cabochon ear studs ($6.7 million); and a 3.39 carat oval vivid blue diamond ring ($5.8 million).

Comprising three necklaces, each set with thirty-nine oval and circular-cut rubies, mounted in 22k yellow gold. HK$14,440,000 ($1,870,039)

A UNIQUE UNMOUNTED JADEITE. The very thick even vivid emerald green double cabochon of high translucency.

A PAIR OF EMERALD AND DIAMOND EAR PENDANTS Each set with a cushion-shaped emerald weighing approximately 7.95 and 7.69 carats. HK$9,160,000 ($1,186,258)

Full results are available at