Wenhao Yu, Deputy Chairman, Jewellery, Sotheby's
Asia, commented: Todays results are a clear indication that the appetite for top quality jewels in Asia remains undiminished. The hottest colour diamonds in the most romantic of cuts and settings proved irresistible, with the pair of fancy vivid pink and blue rings taking top billing as the stars of the show, while imperial jadeite attracted strong interest from international collectors. For a couple of years now, young and established collectors in the region have shown a growing interest in jewels with a royal connection and steeped in European history, and this was confirmed today, as they faced fierce competition from bidders around the world for Princess Margarets 21st birthday bracelet. This spring we have seen a resilience in the jewelry market, as collectors demonstrate their eagerness to transact with us in both new and traditional ways.
Top Lots: Fancy Vivid Colored Diamond Rings in the Shape of Heart.
5.04 Carat Fancy Vivid Blue Diamond Ring, Type IIb. Sells for HK$81,796,000 / US$10,554,138 (US$2,094,075 Per Carat) (est. HK$ 60 75 million / US$7.7 9.7 million)
Presented from an important private collection, this blue heart-shaped diamond certainly lives up to this top accolade of Fancy Vivid Blue, possessing a rich and undeniable blue hue reminiscent of the azure sky and alluring ocean, and is truly an exquisite display of natures finest.
4.49 Carat Fancy Vivid Pink Diamond, Internally Flawless. Sells for HK$63,002,500 / US$8,129,213 (US$1,810,515 Per Carat) (est. HK$ 58 68 million / US$7.5 8.8 million)
This Fancy Vivid pink diamond is internally flawless, sitting at 4.49 carats of pure rarity. Embracing the most idyllic hue, tone and saturation, the spectacularly attractive pink colour is unparalleled, a treasure which beholds the most enchanting charisma.
Strong Results for Royal Jewel
PRINCESS MARGARETS 21st BIRTHDAY BRACELET. Antique Diamond and Enamel Bracelet, Garrard & Co. Sells for HK$1,625,000 / US$209,674 (est. HK$380,000-500,000 / US$49,000-64,500)
This bracelet signed by Garrard, the London-based jeweler to the British crown, was a gift bestowed upon Princess Margaret on her 21st birthday. Princess Margaret was spotted wearing the bracelet many times in public, indicating her affinity for the piece. Later in life Princess Margaret re-mounted some of her older jewels into modern designs, just as Queen Victoria had done in the past. However, this diamond bracelet was kept in its original antique setting.
Revival of the Fine Jadeite Market
Imperial Jadeite Bead Necklace Sells for HK$80,657,000 / US$10,407,173 (US$14,867 Per Carat)
This remarkable imperial green jadeite bead necklace that composed of 37 beads of notable size, and is to-date, the largest jadeite bead necklace receiving a special Gubelin certificate for its imperial jade quality. The jadeite beads exhibit perfectly matching colour, combined with an outstanding translucency and excellent lustre.