Auctions

5-Carat Paraiba Tourmaline Ring to Hit the Auction Block

AuctionsJun 17, 2022

5-Carat Paraiba Tourmaline Ring to Hit the Auction Block

It’s predicted to sell for up to $484,000 during the Bonhams Hong Kong Jewels and Jadeite auction on June 22.

20220617_Paraiba-header.jpg
This 5.09-carat Paraiba tourmaline set with diamonds and platinum hits the auction block at Bonhams Hong Kong in just a few days.
Hong Kong—Perfect for the summer auction season, a stellar example of one of the most popular vivid blue gemstones will hit the auction block at Bonhams.

During the auction house’s Hong Kong Jewels and Jadeite sale on June 22, Bonhams will offer a 5.09-carat modified shield brilliant-cut Paraiba tourmaline.

The stone has been set in a ring accented with pear and marquise diamonds weighing 1.91 total carats and set in platinum.

The piece is accompanied by reports from both AGL and GIA stating the tourmaline’s Brazilian origin.

Bonhams estimates the ring will sell for between HK$2.7 million and HK$3.8 million, or between about $341,000 and $484,000 at current exchange rates. At the high end, this would equate to about $95,000 per carat.

The auction of the stone comes at a time when the Asian gemstone-collecting community is starting to explore new stones beyond the “big three” and diamonds, the auction house noted.

“The market price of Paraiba has soared in recent years. The 5.09-carat Paraiba offered in the spring sale is enormous and an example of this size is hardly ever found at auction. We are expecting fervent bidding among collectors, from Asia in particular.”

Other notable lots in the sale include the ring pictured below, set with a 6.99-carat cushion-shaped Kashmir sapphire and 3.00 carats of pave diamond accents in platinum, estimated to go for between HK$3 million and HK$4.5 million, or about $382,000 to $573,000; and a ring designed as a flower, centered on a 4.84-carat round brilliant-cut fancy vivid yellow diamond and diamond pave that’s estimated to garner HK$2.3 million to HK$3 million, or about $293,000 to $382,000.

20220617_Sapphire-ring-insert.jpg
A sapphire Kashmir sapphire and diamond ring that will go up for auction at the Bonhams Hong Kong Jewels and Jadeite sale on June 22.

Additional highlights include a bracelet designed as a twin-row of oval and cushion-cut Burmese sapphires (45.00 total carats) interspersed with pear and round brilliant-cut diamonds (24.70 carats), estimated at between HK$1.5 million and HK$1.9 million ($191,000 to $242,000); and a 5.78-carat emerald and 4.10-carat diamond toi-et-moi ring, estimated to garner HK$1.3 million to HK$1.6 million ($166,000 to $204,000).

The auction will also include a collection of more than 20 Buccellati jewels featuring classic designs from the brand from the 1970s to the 1990s.

There’s a Buccellati ruby and diamond ring expected to garner HK$160,000 ($20,400) to HK$280,000 ($35,600), and an 18-karat gold and diamond cuff estimated to garner HK$120,000 ($15,300) to HK$220,000 ($28,000).

For more information, visit Bonhams.com

 Related stories will be right here … 

The Latest

Future Fortune sapphire ring
TechnologyMar 28, 2024
Pinterest’s 2024 Wedding Report Is Out

The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.

David Ettinger
IndependentsMar 28, 2024
David Ettinger of Bechdel Jewelers Dies at 69

He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.

Jewelers of America logo
IndependentsMar 28, 2024
JA to Host Series of Learning Workshops

The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.

Jewelers of America Fly In Washington, D.C.
Brought to you by
How Jewelers of America Represents Your Business

For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.

Jaeger-LeCoultre Madison Avenue NYC store
WatchesMar 28, 2024
Peek Inside Jaeger-LeCoultre’s Revamped NYC Flagship

The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.

Weekly QuizMar 28, 2024
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
Asian Star’s diamond manufacturing facility in India
SourcingMar 27, 2024
Compliance, Caution, and Concern: The Current Outlook of Indian Diamantaires

There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.

Kira Diam solar plant
Lab-GrownMar 27, 2024
Indian Lab-Grown Diamond Manufacturers Keep Growing

A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.

BTYB-HoBrothers-updated.png
Brought to you by
The Scalable, Professional, and Effortless Solution for High-Demand Custom Jewelry Retailers

Ho Brothers offers scalable solutions for the future of custom jewelry.

Bharat Ratnam, a Mega Common Facilitation Centre (CFC)
SourcingMar 27, 2024
Reinvigorating SEEPZ, the Epicenter of India’s Studded Jewelry Exports

The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.

SRK Empire and SRK House
Policies & IssuesMar 27, 2024
SRK Exports’ Journey Toward Net Zero Impact

By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.

Georgia May Jagger Tommy Hilfiger ad campaign
FinancialsMar 27, 2024
Movado’s Full-Year Sales Sink 11%

The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.

Hand holding shopping bags
SurveysMar 27, 2024
Consumer Confidence Held Steady in March

Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.

Bernadette Mack
Policies & IssuesMar 27, 2024
Mercury Free Mining Hires Bernadette Mack

The former WJA executive director is MFM’s new managing director.

April Is Diamonds Do Good Month
Policies & IssuesMar 27, 2024
Diamonds Do Good Announces Its April Initiative

DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.

Tiffany & Co. With Love, Since 1837
MajorsMar 26, 2024
Tiffany & Co. Debuts ‘With Love, Since 1837’ Campaign

Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.

National Jeweler columnists Duvall O’Steen and Jen Cullen Williams
ColumnistsMar 26, 2024
Creative Connecting: AI Tools and Tips for Social Media

Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.

Nordstrom Men’s Store New York City
MajorsMar 26, 2024
Nordstrom May Go Private, Says Report

The retailer previously turned down an $8.4 billion offer in 2018.

Interior of Miami Lakes Jewelers
IndependentsMar 26, 2024
Miami Lakes Jewelers to Close After 37 Years

The Florida store’s owner Miguel Gonzalez is retiring.

 International Gemological Institute
GradingMar 26, 2024
IGI Announces Tech for ID’ing Lab-Grown Colored Diamonds

The lab stresses the importance of accurate identification, as the difference in price is “substantial.”

Kendra Scott lab-grown diamond jewelry
CollectionsMar 25, 2024
Kendra Scott Debuts Lab-Grown Diamond Fashion Jewelry

The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.

Instappraise logo NAJA logo
Events & AwardsMar 25, 2024
NAJA, Instappraise Offering Scholarships for Aspiring Jewelry Appraisers

One is reserved for a NAJA member, the other for a non-member.

Carie Lehrke and Megan Mattice
MajorsMar 25, 2024
Borsheims Announces New VP of HR, Assistant Manager

Longtime employees Carie Lehrke and Megan Mattice have received promotions.

My Next Question graphic vintage jewelry webinar
Recorded WebinarsMar 22, 2024
Watch: How to Buy and Sell Vintage Jewelry

Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.

Chris Clipper and Robert Lepere
MajorsMar 22, 2024
David Yurman Announces New CFO, Chief People Officer

Chris Clipper and Robert Lepere join the company with 50 years of combined experience.

Nakard pyrite earrings
CollectionsMar 22, 2024
Piece of the Week: Nakard’s Pyrite Earrings

The trendy, metallic earrings wink at classic spring colors.

Stock image of police cars with their lights on
CrimeMar 21, 2024
Sparks Fly as Burglars Lose Safe on California Freeway

JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.

Grizzly Mining rough emeralds
SourcingMar 21, 2024
Grizzly Sells 4,145-Carat Emerald for Over $1M

The miner’s March auction generated $19 million.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy