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.
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.
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.
The Latest
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.