Multi-Million Dollar Color Diamonds Highlight Auction

A staggering amount of multi-million dollar color diamonds will be headlining Christie’s Hong Kong Magnificent Jewels Auction on November 25.   Here’s a look at the top 5 dazzlers that are certain to be among the most popular of the items at the auction.

1.  An Exceptional Colour Diamond Ring


Designed by famed Israel-based Moussaieff Jewellers Ltd, this ring is centred by a 3.39-carat oval-shaped Fancy Vivid blue diamond with a marquise and brilliant-cut pink diamond surround.   The piece is estimated to sell for as high as $7.3 million (CAD).

UPDATE:  Didn’t quite the reach the high end of the estimates, selling for $6.5 million (CAD).

2.   A Stunning Coloured Diamond and Diamond Ring


A second diamond ring from Moussaieff Jewellers, this features a 2.09-carat heart-shaped Fancy red diamond within a petal-surround of six pear-shaped white diamonds ranging between 1.01 and 1.07 carats.   Pre-auction estimates have this piece selling for between $4.1 and $5.5 million.

UPDATE:  This ring blew past the pre-auction estimates, selling for $5.7 million.   That sale price makes the stone the most expensive red diamond ever sold both by overall price and price per carat.

3.  A Rare Pair of Coloured Diamond and Diamond Ear Pendants


The first of these pendants feature a square-shaped Fancy Intense green diamond weighing in at 5.64 carats, while the second has a square-shaped Fancy Intense Yellowish Green Diamond weighing in at 5.18 carats.   Each pendant features a brilliant-cut white diamond surround highlighted by a pear-shaped pink diamond and brilliant-cut pink diamond hook.   The estimate for the pair is between $3.5 and $5.8 million.

UPDATE:  Did not sell

4.  An Important Coloured Diamond and Diamond Ring


The focal point of this ring is a massive 20.82-carat square-shaped Fancy Vivid yellow diamond.   The piece also features an oval-shaped white diamond surround weighing in between 1.50 and 1.57 carats.  The pre-auction estimate ranges between $1.8 and $2.7 million.

UPDATE:  Did not sell

5.  A Unique Belle Epoque Coloured Diamond and Diamond Pendant Necklace


From France’s Belle Epoque era of the late 1800s-early 1900s, this pendant necklace is set with a cushion-shaped Fancy Intense yellow diamond weighing in at 52.26 carats.  The chain itself features Old European and Brilliant-Cut white and yellow diamonds.   The estimates for this piece are between $1.8 and $2.6 million.

UPDATE:  A bit of a surprise considering how many industry experts were gushing about this piece prior to the auction, it only sold for $2.5 million.


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