This Pink Diamond Reigned Supreme in Hong Kong
The 15.48-carat fancy intense “Pink Supreme” topped Christie’s fall jewelry auction in Asia, while a Patek Philippe led the watch sale.

Diacore, which is known for buying and cutting rare rough diamonds, paid $83.9 million Hong Kong dollars ($10.8 million) for the 15.48-carat “Pink Supreme,” an internally flawless, Type IIa stone.
It was estimated to sell for $70 million to $100 million Hong Kong dollars ($9 million to $13 million).
The Pink Supreme’s per-carat sales price works out to about $700,000.
The record per-carat price for a pink diamond sold at auction (or any diamond or gemstone) stands at $5.2 million, set by the 2022 sale of the “Williamson Pink Star,” which Diacore manufactured.
In total, Christie’s “Magnificent Jewels & The Pink Supreme” sale, held live Monday, garnered $491.4 million Hong Kong dollars ($63.3 million), which it said was its second highest sales total for a fall jewelry auction in Asia since 2017.
The auction house found buyers for 89 of the 113 lots it offered, making the auction 79 percent sold by lot.
Diamonds dominated the sale’s top five lots.
A private buyer from Hong Kong paid $50.2 million Hong Kong dollars ($6.5 million) for a 3.51-carat pear-shaped fancy vivid blue diamond, while another private buyer from Hong Kong purchased a ring set with two blue diamonds and two pink diamonds for $36.7 million Hong Kong dollars ($4.7 million).
A pear-shaped 40.05-carat, D-color, internally flawless Golconda diamond sold to a private Asian buyer for $36.1 million Hong Kong dollars ($4.6 million), while another private buyer from Asia bought a 38.88-carat D flawless diamond for $30.6 million Hong Kong dollars ($3.9 million).
On Sunday, as part of “Luxury Week” at Christie’s Hong Kong, the auction house also held three live watch sales, “Important Watches,” “The OAK Collection Part I,” and “The Philippe & Elisabeth Dufour Foundation Charity Auction.”
Together, the three auctions totaled $222.2 million Hong Kong dollars ($28.6 million), which Christie’s said was the second highest total ever for a fall watch auction in Asia.
The top lot of all three sales was a rare and well-preserved 18-karat pink gold Patek Philippe Ref. 1518 perpetual calendar chronograph with moon phases and its calendar in Portuguese.
The watch sold for $19.7 million Hong Kong dollars ($2.5 million).
The Latest

From lions and hippos to snails and fish, Senior Editor Lenore Fedow wrangles her picks for cutest jewelry critters in Las Vegas.

The big stone will be fashioned into a 20.26-carat diamond in celebration of the retailer’s 100th anniversary this year.

Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

At the JCK show, the lab-grown diamond brand teamed up with Jewelers for Children to support Make-A-Wish India.


Ilana McCabe is Signet’s vice president of public relations and brand communications.

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.

The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.


























