This Pink Diamond Reigned Supreme in Hong Kong

AuctionsNov 30, 2023

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.

Pink Supreme Diamond
The 15.48-carat fancy intense “Pink Supreme” diamond sold for $10.8 million at Christie’s jewelry auction in Hong Kong earlier this week. It was the top lot of the sale, which garnered more than $60 million.
Hong Kong—A fancy intense pink diamond was the top lot of Christie’s recently concluded fall jewelry auction in Hong Kong, selling for nearly $11 million.

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. 

 Related stories will be right here … 

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).

Patek Philippe pink gold perpetual calendar chronograph circa 1950
A buyer paid more than $2 million for this rare and well-preserved Patek Philippe pink gold perpetual calendar chronograph from 1950. The day of the week (Qua) and month (Abr) are in Portuguese and translate to Wednesday and April.

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

Lightbox lab grown diamond pendant in yellow gold
Lab-GrownFeb 26, 2024
Lightbox ‘Significantly’ Lowered Its Prices in Q4

The De Beers-owned lab-grown diamond company dropped the price on its standard offerings from $800/carat to $600/carat.

JA New York signs
Events & AwardsFeb 26, 2024
JA New York to Bring the Diamond District to Spring Show

The upcoming show will have an immersive “47th Street Experience” for attendees.

GIA Dubai laboratory
GradingFeb 26, 2024
GIA Opens Lab in Dubai

The new DMCC Laboratory at Uptown Tower will initially serve clients in Dubai free trade zones.

GIA id100
Brought to you by
Full Disclosure at Your Fingertips

Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.

Rolex Oyster Perpetual Day-Date 36 with affirmations
WatchesFeb 23, 2024
Rolex to Open New Watchmaking School in Dallas

The Rolex Watchmaking Training Center will welcome its first class this fall.

Weekly QuizFeb 22, 2024
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
Guzema Freedom heart pendant for Ukraine
CollectionsFeb 23, 2024
Piece of the Week: Guzema’s ‘Freedom’ for Ukraine Pendant

Ukrainian jewelry designer Valeriya Guzema’s charitable “Freedom” collection is inspired by hope for the country’s future.

Buccellati header
TrendsFeb 22, 2024
Buccellati to Open ‘Prince of Goldsmiths’ Exhibition

Set to be held in Venice, it’s a look through the maison’s history.

flashforge pic.png
Brought to you by
WaxJet: Revolution in Jewelry Manufacturing

The WaxJet 400, recognized as the world's fastest wax printer, is bringing in a new era of precision and efficiency to industry.

813-carat “Constellation” diamond in rough form
SourcingFeb 22, 2024
Lucara, HB Group Partnership Revived

It is another 10-year sales agreement in which all the larger rough recovered from the Karowe mine will go to HB Group for manufacturing.

National Jeweler columnist Sherry Smith
ColumnistsFeb 21, 2024
On Data: January Was a ‘Mixed Bag’ for Independent Jewelers

Sherry Smith dishes on the month’s highs and lows and the two categories consumers were loving ahead of Valentine’s Day.

Stock image of diamonds
GradingFeb 21, 2024
GIA’s Same-Day Service Now Available Everywhere

The new service, introduced to stem fraud related to lab-grown diamonds, will be offered at no cost for the time being.

Jam + Rico Claire’s jewelry
CollectionsFeb 21, 2024
Jam + Rico Debuts Second Claire’s Collection

Founder Lisette Scott was inspired by the intricacy, colors, and symbolism of African art and architecture.

Rapaport logo
SourcingFeb 21, 2024
Rapaport to Hold Another Natural Pearl Auction

Viewings start this week in New York and bidding will close on March 8.

National Jeweler columnist Peter Smith
ColumnistsFeb 20, 2024
Squirrel Spotting: Life After Rolex

Peter Smith shares advice from independent jewelers who used losing this cornerstone brand as a catalyst for reinvention.

Neile Adams McQueen and Steve McQueen
AuctionsFeb 20, 2024
Jewels from Neile Adams McQueen Shine at Bonhams

All 13 lots belonging to the actress and first wife of Steve McQueen sold at the recent “California Jewels” sale.

Stuller bench jeweler
Events & AwardsFeb 20, 2024
Stuller to Host Bench Jeweler Workshop in March

Registration is also open for its “Battle of the Benches” challenge.

Mary Ball Gorman of Henry B. Ball Jewelers
IndependentsFeb 16, 2024
Mary Ball Gorman of Henry B. Ball Jewelers Dies at 99

Gorman was an industry trailblazer, serving as the first female treasurer of Jewelers of America.

Jade Ruzzo gold and diamond Tennessee Torque necklace
CollectionsFeb 16, 2024
Piece of the Week: Jade Ruzzo’s Tribute to Tennessee

The movement of the 18-karat gold and diamond “Tennessee Torque” necklace is subtle.

Jared Goff and Claudia Cividino
MajorsFeb 15, 2024
Detroit Lions’ QB Jared Goff Going to Jared

Goff, whose fans hold up “He Went to Jared” signs at games, has signed a partnership with the retailer.

De Beers Venetia diamond mine
SourcingFeb 15, 2024
De Beers’ Production Down 8% in 2023

The company recovered 31.9 million carats of diamonds in 2023, compared with 34.6 million in 2022.

Gina D’Onofrio Heritage Auctions
AuctionsFeb 15, 2024
Heritage Auctions Names New Co-Director of Fine Jewelry

Industry veteran Gina D’Onofrio has rejoined the auction house.

Indian Diamond and Colorstone Association (IDCA) awards
Events & AwardsFeb 15, 2024
IDCA Hands Out Awards in Tucson

The association also celebrated its 40th anniversary.

A selection of engagement rings
TrendsFeb 14, 2024
5 Engagement Ring Trends for 2024

From three-stone rings to fancy shapes, experts weigh in on what consumers could be looking for this year.

Boucheron Power of Couture
CollectionsFeb 14, 2024
Boucheron’s New High Jewelry Collection Pays Homage to Ceremony, History

“Power of Couture” recalls Frédéric Boucheron’s love of fabric using diamonds and rock crystal.

Rough diamonds from Gahcho Kue diamond mine
SourcingFeb 14, 2024
De Beers’ Rough Diamond Sales Improve Slightly

The diamond miner and marketer said “solid” holiday sales in the U.S. helped stabilize the industry.

Jonker I Diamonds
SourcingFeb 14, 2024
‘100 Carats’ Exhibition Opens at LA Museum

A new display at the Natural History Museum of Los Angeles County features dozens of gemstones each weighing 100 carats or more.

Grand Seiko New York City flagship
WatchesFeb 14, 2024
See Inside Grand Seiko’s New NYC Flagship

Located on Madison Avenue, the store is its largest in the world.


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