HONG KONG.- Tiancheng International Jewellery and Jadeite Spring Auction 2019 concluded today with excellent results. It is noteworthy that branded jewellery and designer pieces were sought-after by connoisseurs and all timepieces were sold.

The top lot of the sale was a 20.09-Carat Natural Unheated Mozambican “Pigeon’s Blood” Ruby and Diamond Ring. Bidding opened at HK$9 million and after a fierce bidding battle of nearly 20 bids, the treasure was eventually sold to a phone bidder for HK$23.04 million／US$2.95 million. Mozambican rubies of over 20 carats and excellent quality are rare, whilst the “Pigeon’s Blood” colour is even rarer, making this ruby of superb transparency and marvellous luminescence no doubt of unrivalled desirability.

Another highlight was an Important Diamond Watch／Bracelet, Ring and Earrings by Audemars Piguet which realised HK$16.8 million／US$2.15 million. Diamonds totalling 62.68 carats were used to fashion this beautiful demi-parure and it was crafted specially by Audemars Piguet for the Salon International de la Haute Horlogerie (SIHH) in Geneva in 2002. This is the first time it appeared at auction after nearly 20 years as a private collection.

Wang Jie, Managing Director of Tiancheng International and Connie Huang, Head of Tiancheng International’s Jewellery Department, commented after the sale, “We are pleased with the results of today’s sale which witnessed strong bidding from collectors with many jewellery pieces achieving strong prices. Branded and designer jewellery were both highly sought-after, including two blue topaz jewellery by Wallace Chan which realised prices over four times of their pre-sale estimates. Timepieces offered in the sale were 100% sold. The results clearly demonstrate that collectors responded with keen interest to our meticulously curated sale. We would like to express our sincere thanks to all our clients for their great support and we look forward to presenting another significant sale in autumn.”