Christies Hong Kong jewel auction totals £54m

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Anonymous bidders reign, while Leviev snaps up fancy blue diamond.

Christies Hong Kong’s Magnificent Jewel Sale has reached a conclusion, with 236 lots sold for a total of £ 54,337,665, including a world record price per carat for the sale of the Imperial Cushion diamond earrings.

The Imperial Cushion diamonds, which were estimated to sell for around HK$ 60,0000 were bought by anonymous bidder for HK$ 72,340,000 (£5,664,260). The pair of cushion-cut, D colour, potentially flawless diamonds achieved a world record price per carat at auction for colourless Golconda diamonds. The stones weigh 24.49 and 23.11cts.

Further lots from the auction included the sale of a fancy blue, marquise cut diamond, bought by diamond house Leviev. The VVS2 diamond of 13.39cts was estimated to sell for approximately HK$31,000,000 but instead sold to Leviev for HK$ 58,900,000 (£4,613,825).

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Vickie Sek, Director of the Jewellery and Jadeite Department, Christie’s Asia, said: "With US$110 million changing hands in two days, we have just concluded our best season for jewellery and watches in Asia. The Imperial Cushions, a magnificent pair of D-colour Golconda diamonds achieved a world record price of US$200,000 per carat and the Asian market continues to grow and position itself as a major centre in the international world.”

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