A diamond ring offered without reserve brought in HKD 2.5 million ($324,189) at a recent Christie’s jewelry sale in Hong Kong.
The pear brilliant-cut, 8.79-carat, E-color, flawless diamond ring was the top lot at the auction, selling within its estimate, according to Christie’s. In total, Jewels Online: the Hong Kong Edit , which took place from March 10 to 21, garnered HKD 26.5 million ($3.4 million).
Other items the auction house offered without reserve scored well above their high estimates, including a ruby and diamond necklace, which more than doubled its HKD 300,000 ($38,594) upper price tag to fetch HKD 604,800 ($77,806). Meanwhile, a cut-cornered rectangular modified brilliant-cut, 10.06-carat, M-color, SI1-clarity diamond ring sold for HKD 529,200 ($68,081), surpassing its HKD 280,000 ($36,022) top price, and an eternity band bearing 14 diamonds weighing a total of 14.08 carats raked in HKD 352,800 ($45,387), beating its HKD 300,000 ($38,594) high estimate.
Pieces from well-known designers such as Wallace Chan, Van Cleef & Arpels, Chanel, and Cartier also smashed estimates at the sale.
Here are the rest of the top five lots:
Main image: The 8.79-carat diamond ring. (Christie’s)
