Phillips’ Hong Kong Jewels Auction Realises HK$32 Million/ US$4 Million, With Strong Prices Achieved for Fancy Coloured Diamonds and Vintage Signed Pieces

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

LotDescriptionEstimatePrice Achieved
579A 15.51-Carat Fancy Vivid Yellow Diamond and Diamond RingHK$ 7,400,000 – 9,700,000 US$ 950,000-1,250,000HK$8,890,000
US$1,136,142
555Van Cleef & Arpels, Turquoise and Diamond Necklace, circa 1985HK$ 900,000 – 1,200,000
US$ 110,000-150,000
HK$4,572,000
US$584,302
554A 2.65-Carat Fancy Intense Orangy Pink Diamond and Diamond RingHK$ 2,300,000 – 3,000,000
US$ 300,000-400,000
HK$2,921,000
US$373,304
542A 5.53-Carat Diamond RingHK$ 1,250,000 – 2,000,000
US$ 160,000-250,000
HK$1,905,000
US$243,459
566A Ruby and Diamond Bracelet, rubies weighing approximately 24.59 carats in totalHK$ 1,800,000 – 2,400,000
US$ 230,000-300,000
HK$1,524,000
US$194,767
590A 4.01-Carat Ruby and Diamond RingHK$ 1,100,000 – 1,400,000
US$ 140,000-180,000
HK$1,079,500
US$137,960
584A 11.08-Carat Heart-Shaped Fancy Yellow Diamond and Diamond RingHK$470,000 – 780,000 
US$60,000-100,000
HK$1,041,400
US$133,091
578Harry Winston, A Pair of Emerald and Diamond Ear Pendants, each set with a pear-shaped emerald weighing approximately 10.05 carats in totalHK$ 900,000 – 1,400,000
US$ 120,000-180,000
HK$ 952,500
US$121,730
577A 37.08-Carat Emerald and Diamond RingHK$ 800,000 – 1,000,000
US$ 100,000-130,000
HK$825,500
US$105,499
565A 16.56-Carat Sapphire and Diamond RingHK$450,000 – 650,000 
US$58,000-83,000
HK$ 533,400
US$68,169

Source: Phillips