Benoît Repellin, Worldwide Head of Jewellery, and Louisa Chan, Head of Sale, Hong Kong, Phillips Jewels, said, “The sale total for our Spring auction in Hong Kong increased by 20% over the previous season, demonstrating the resilience of the global demand for rare and important jewels across the board. Fancy coloured diamonds commanded the sale, with a round brilliant-cut fancy vivid yellow diamond and diamond ring weighing 15.51 carats, leading the auction at HK$8.9 million/ US$1.13 million. Vintage signed pieces also performed well, with Van Cleef & Arpels’ turquoise and diamond necklace accompanied by a certificate of authenticity from the House fetched HK$4.6 million / US$584,302, exceeding its pre-sale high estimate by nearly four times. We also saw notable demand for finest Burmese rubies, emerald and sapphire. We eagerly anticipate the upcoming Geneva Jewels Auction on 13 May, and look forward to welcoming Asian collectors to our previews in Taipei and Singapore in April.”
Top 10 Lots
| Lot | Description | Estimate | Price Achieved |
| 579 | A 15.51-Carat Fancy Vivid Yellow Diamond and Diamond Ring | HK$ 7,400,000 – 9,700,000 US$ 950,000-1,250,000 | HK$8,890,000 US$1,136,142 |
| 555 | Van Cleef & Arpels, Turquoise and Diamond Necklace, circa 1985 | HK$ 900,000 – 1,200,000 US$ 110,000-150,000 | HK$4,572,000 US$584,302 |
| 554 | A 2.65-Carat Fancy Intense Orangy Pink Diamond and Diamond Ring | HK$ 2,300,000 – 3,000,000 US$ 300,000-400,000 | HK$2,921,000 US$373,304 |
| 542 | A 5.53-Carat Diamond Ring | HK$ 1,250,000 – 2,000,000 US$ 160,000-250,000 | HK$1,905,000 US$243,459 |
| 566 | A Ruby and Diamond Bracelet, rubies weighing approximately 24.59 carats in total | HK$ 1,800,000 – 2,400,000 US$ 230,000-300,000 | HK$1,524,000 US$194,767 |
| 590 | A 4.01-Carat Ruby and Diamond Ring | HK$ 1,100,000 – 1,400,000 US$ 140,000-180,000 | HK$1,079,500 US$137,960 |
| 584 | A 11.08-Carat Heart-Shaped Fancy Yellow Diamond and Diamond Ring | HK$470,000 – 780,000 US$60,000-100,000 | HK$1,041,400 US$133,091 |
| 578 | Harry Winston, A Pair of Emerald and Diamond Ear Pendants, each set with a pear-shaped emerald weighing approximately 10.05 carats in total | HK$ 900,000 – 1,400,000 US$ 120,000-180,000 | HK$ 952,500 US$121,730 |
| 577 | A 37.08-Carat Emerald and Diamond Ring | HK$ 800,000 – 1,000,000 US$ 100,000-130,000 | HK$825,500 US$105,499 |
| 565 | A 16.56-Carat Sapphire and Diamond Ring | HK$450,000 – 650,000 US$58,000-83,000 | HK$ 533,400 US$68,169 |
Source: Phillips
