Auctions

Phillips Hong Kong to Auction 15.51-Carat Yellow Diamond

AuctionsMar 14, 2024

Phillips Hong Kong to Auction 15.51-Carat Yellow Diamond

It’s estimated to sell for up to $1.3 million at the upcoming sale on March 28.

15.51-Carat Yellow Diamond
A nearly 16-carat brilliant-cut fancy vivid yellow diamond is one highlight of the upcoming Phillips Hong Kong auction.
Hong Kong—Phillips’ upcoming auction will feature a curation of colored diamonds, gemstones, and signed jewels, led by a 16-carat fancy vivid yellow diamond.

The Hong Kong Jewels Auction will take place March 28 at the company’s Asia headquarters in Hong Kong’s West Kowloon Cultural District. 

“Echoing the strong market demand for rare and important colored diamonds, this spring we are delighted to present a breadth of fancy colored diamonds certified by GIA,” said Louisa Chan, head of sale, Hong Kong, Phillips Jewels.

“The sale also brings together a stunning array of treasures – from the finest Burmese rubies, Colombian emeralds, vintage signed pieces from Bulgari, Cartier, and Van Cleef & Arpels, as well as red spinels and Paraíba tourmalines that are currently sought after by collectors and connoisseurs.”

One highlight of the sale is a ring with a round fancy vivid yellow diamond center stone weighing 15.51 carats.

fancy vivid yellow diamond brilliant
A 15.51-carat brilliant-cut fancy vivid yellow diamonds.

Because of the value of colored diamonds, cutters usually prefer styles that maximize weight yield.

However, the auction house calls this yellow diamond “an exceedingly scarce example,” as it has a brilliant cut, a style reputed for resulting in a great loss of material weight, and therefore “extremely rare.” 

It is estimated to sell for $7.4 million to $9.7 million Hong Kong dollars ($950,000 to $1.3 million).

The sale will also feature a ring with a 1.38-carat cushion-shaped fancy vivid purplish pink diamond center stone, with Phillips noting that fancy pink diamonds weighing more than 1 carat are rare. 

The stone is set on a spiraling dome-shaped mount, accented by circular-cut pink sapphires and brilliant-cut diamonds.

fancy vivid purplish pink diamond ring
A spiral ring with a 1.38-carat fancy vivid purplish pink diamond


The ring is estimated to sell for $2.4 million to $3.5 million Hong Kong dollars ($425,000 to $560,000).

Also a highlight of the auction, a 2.65-carat fancy intense orangy pink diamond and diamond ring is estimated to sell for up to $3 million Hong Kong dollars ($400,000).

A handful of ruby jewelry will also appear at the sale, including a 4.01-carat Burmese unheated ruby and diamond ring with a high estimate of $1.4 million Hong Kong dollars ($180,000).

Burmese ruby ring
A 4.01-carat Burmese ruby ring.


Burma, now known as Myanmar, is yielding fewer and fewer rubies in recent decades, Phillips said, with larger sizes from the region even more scarce.

Also from the region, a 10.32-carat step-cut red spinel and diamond ring is for sale with a high estimate of $500,000 Hong Kong dollars ($65,000).

Other natural ruby jewelry up for auction includes a line bracelet containing 12 cushion-shaped oval and circular-cut rubies weighing nearly 25 carats in total, spaced by kite-shaped diamonds. The pre-sale estimate is $1.8 million to $2.8 million Hong Kong dollars ($230,000-$300,000).

A ruby and diamond necklace containing 35 matched mixed-cut rubies weighing about 38 carats in total and diamonds is also up for sale. It is estimated to sell for up to $2.2 million Hong Kong dollars ($280,000).

ruby and diamond necklace
A necklace with diamonds and about 38 carats of rubies


Both pieces’ rubies are graded by the Gübelin Gem Lab and have no indications of heating. 
 
 Related stories will be right here … 

The Hong Kong Jewels Auction will also present pieces containing Colombian emeralds, including a pair of Harry Winston ear pendants with pear-shaped emeralds totaling approximately 10 carats and diamonds. 

Harry Winston emerald earrings
Harry Winston earrings with diamonds and about 10 carats of emeralds
 
They are estimated to sell for $950,000 to $1.5 million Hong Kong dollars ($120,000 to $180,000). 

Also for sale is a 37.08-carat cabochon-cut Colombian emerald surrounded by brilliant-cut and baguette diamonds with a high estimate of $1 million Hong Kong dollars ($130,000). 

Paraíba tourmalines, discovered in Brazil more than 30 years ago, are among the rarest and most sought-after gemstones in the world right now, Phillips said. 

Brazilian deposits are allegedly depleted, and the supply of Brazilian stones in the market is extremely limited, according to the auction house. The upcoming Hong Kong auction will feature rings with Paraíba tourmalines from both Brazil and Mozambique. 

 
Of the signed pieces on offer this season, a turquoise and diamond necklace by Van Cleef & Arpels stands out. The house has used turquoises in designs throughout its history, including ballerinas, “La Boutique” brooches from the 1950s, and more recently, in its “Ludo” series. 

The necklace on offer, circa 1985, also comes with a certificate of authenticity from the brand. It’s estimated to sell for $900,000 to $1.2 million Hong Kong dollars ($110,000-$150,000).

Van Cleef & Arpels diamond and turquoise necklace
A Van Cleef & Arpels diamond and turquoise necklace, circa 1985

The necklace is set with alternating diamonds and round cabochon turquoises supporting a fringe of pear-shaped cabochon turquoise.

Turquoise, one of Queen Victoria’s favorite gemstones, was a symbol of true love in the Victorian era, the auction house said. 

Phillips will also offer a nearly century-old Cartier bracelet.

The Art Deco-style piece, circa 1920, features Burmese unheated rubies and diamonds, exhibiting “exceptional workmanship from highly-skilled artisans” for a period when diamond-cutting had not yet been enhanced by computerization, the auction house said.

1920s Cartier ruby and diamond bracelet
A Cartier bracelet from the 1920s set with oval and cushion-shaped rubies with old European-, circular-cut and baguette diamonds

It is estimated to sell for up to $600,000 Hong Kong dollars ($52,000).

Highlights from the sale will be exhibited in Singapore from March 8-9 and Taipei, Taiwan from March 16-17, and return to Hong Kong for public viewing March 20-28, prior to the sale. 

“We look forward to welcoming enthusiasts at one of our preview exhibitions in Asia, and to Phillips’ Asia headquarters in Hong Kong on March 28 for the live auction,” said Chan. 

All lots for sale are available to view now on Phillips website

The Latest

LIM-401 2024 National Jeweler Supplier Bulletin- iD100 Web and Eblast FINAL (1).jpg
Supplier BulletinApr 24, 2025
Protect Your Customers and Your Business

Sponsored by the Gemological Institute of America

Wolf CEO Simon Wolf
EditorsApr 24, 2025
Q&A: Wolf’s CEO Talks U.S. Expansion

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

Iowa jeweler Herman Ginsberg
IndependentsApr 24, 2025
Longtime Iowa Jeweler Herman Ginsberg Dies at 99

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

gia1d100 btyb.jpg
Brought to you by
Protect Your Customers and Your Business

The risk of laboratory-grown diamonds being falsely presented as natural diamonds presents a very significant danger to consumer trust.

Charles & Colvard moissanite ring
FinancialsApr 24, 2025
Charles & Colvard Delisted From Nasdaq Due to Noncompliance

The company failed to file its quarterly reports in a timely manner.

Weekly QuizApr 24, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Young Diamantaires
SourcingApr 24, 2025
Young Diamantaires Transition to Nonprofit

The organization also announced its board of directors.

Mined + Found "Hope" Matchbox Locket
TrendsApr 24, 2025
Amanda’s Style File: So Charming

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

gia-topimage 0325.jpg
Brought to you by
A Brilliant Future Is Here

Get online education from GIA experts.

Bulgari’s expanded factory in Valenza, Italy
MajorsApr 23, 2025
Bulgari Doubles Size of Jewelry Factory in Italy

Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

Jason McNary accepting FGI Fine Jewelry Rising Star award for Paola Sasplugas
Events & AwardsApr 23, 2025
PDPaola Creative Director Wins FGI’s ‘Rising Star’ Award

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

Carmelo Anthony and Jaylen Brown David Yurman campaign
MajorsApr 23, 2025
David Yurman’s New Campaign Stars Carmelo Anthony, Jaylen Brown

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

Woman wearing Zales jewelry
MajorsApr 22, 2025
Zales’ Rebrand Takes Playful Approach to Fine Jewelry

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

National Jeweler columnist Lilian Raji
ColumnistsApr 22, 2025
The PR Adviser: Building Buzz Through Word of Mouth

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

Avi Levy
GradingApr 22, 2025
Avi Levy Is GCAL By Sarine’s New Chief Growth Officer

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.

Scottsdale Fine Jewelers store exterior
IndependentsApr 22, 2025
Brinker’s Jewelers Acquires Fellow Independent

The Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.

Cartier Exhibition Installation at Victoria & Albert Museum
Events & AwardsApr 21, 2025
An Exhibition Exploring the History of Cartier Is Now on Display

“Cartier: Design, Craft, and Legacy” opened earlier this month at the Victoria and Albert Museum in London.

Bill and Birdie Levine of Van Cott Jewelers
IndependentsApr 21, 2025
New York Jeweler to Close After 111 Years

Van Cott Jewelers in Vestal, New York, is hosting a going-out-of-business sale.

IJO Director Samantha Larson
IndependentsApr 21, 2025
IJO Names New Director of Vendor Relations, Merchandise Strategy

Industry veteran Samantha Larson has held leadership roles at Borsheims, McTeigue & McClelland, Stuller, and Long’s Jewelers.

Events & AwardsApr 21, 2025
Jewelers of Louisiana, Mississippi Jewelers Association to Co-Host Convention

The two organizations will hold the educational event together this fall in Mississippi.

Daymond John
Events & AwardsApr 18, 2025
Daymond John to Give Keynote at JCK Las Vegas

The entrepreneur and “Shark Tank” star will share his top tips for success.

Dukachi Easter Bread Pendant
CollectionsApr 18, 2025
Piece of the Week: Dukachi’s ‘Easter Bread’ Pendant

The Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.

Bremer Jewelry
IndependentsApr 18, 2025
Bremer Jewelry to Reveal Renovated Store

The jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.

Tiffany & Co. Strong Like Mom campaign
MajorsApr 18, 2025
Tiffany & Co. Employees Star in Mother’s Day Campaign

The “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.

Athena Calderone x John Hardy Collection
CollectionsApr 17, 2025
John Hardy, Athena Calderone Partner on Art Deco Decor-Inspired Collection

Interior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.

Movado Connect 2.0 watches
FinancialsApr 17, 2025
Movado Group to Increase Prices to Offset Tariffs Impact

During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

Natural Diamond Council Diamond Learning Center Graphic
Lab-GrownApr 17, 2025
NDC Launches Its Diamond Learning Center

The free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.

Jewelers of America logo
Policies & IssuesApr 17, 2025
Jewelers of America Requests Tariffs Testimonials from Members

The feedback will be used to prepare other jewelers for the challenges ahead, the organization said.

×

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