The announcement coincided with its full-year results, with growth driven by its jewelry brands.
‘Pink Promise’ Could Go for $42M at Christie’s HK
The 14.93-carat fancy vivid pink diamond will lead the auction house’s Magnificent Jewels sale on Nov. 28.
Hong Kong--Christie’s Hong Kong is readying itself to sell the most expensive jewel it has ever offered.
Later this month, a 14.93-carat Type IIa fancy vivid pink diamond of VVS1 clarity will be up for sale and it is expected to garner between $28 million and $42 million.
“The Pink Promise” will lead the Magnificent Jewels sale Nov. 28, a sale that will feature more than 290 lots, including a number of colored diamonds, exceptional gemstones and jadeites.
Another highlight is a second pink stone--an 8.80-carat VVS1 Type IIa fancy intense pink diamond that could sell for as much as $12 million.
There also will be an 8.17-carat Burmese ruby ring (below) that is expected to garner between $5.8 million and $8 million.
Meanwhile, a necklace featuring jadeite beads--each between 14.7 and 15.9 mm--could garner up to $10 million, while another jadeite pendant has a pre-sale estimate of between $3.5 million and $4.8 million.
A 28.04-carat Sri Lankan padparadscha sapphire and diamond ring also will hit the block. Christie’s estimates it will sell in the range of $2 million to $3.2 million.
The Magnificent Jewels sale also will put on offer a range of important signed pieces from renowned jeweler Wallace Chan.
The “Wallace Chan: The Beginning of a Genius” collection was created by the jeweler and artist during “his most innovative period of self-discovery in the late 20th century,” Christie’s said.
Trained as a sculptor from an early age, Chan’s pieces reference traditional Chinese icons and incorporate elements of nature as he explores jewelry’s sculptural limits.
He continues to experiment with different methods and materials to bring his vision to life, while finding a way for his pieces to embody his design philosophy of harmonizing the symbols of heaven, earth and humanity.
The auction will feature a collection of his works spanning reinterpreted traditional icons, like Chinese zodiac signs made from carved jadeite, to contemporary designs, like butterflies and flowers with vibrant colored gems.
The Latest
Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
Jewelry trade show veterans share strategies for engaging buyers, managing your time effectively, and packing the right shoes.
Despite the rising prices, consumers continue to seek out the precious metal.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.