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

Stock image of people shopping in a mall
SurveysApr 03, 2025
2025 Retail Sales to Grow More Slowly Amid ‘Uncertainty,’ Says NRF

The National Retail Federation expects retail sales growth to return to pre-pandemic levels as consumers continue to face inflation.

Tallulah Willis’ Engagement Ring
TrendsApr 03, 2025
Tallulah Willis Imbues Antique Engagement Ring With Magic

The 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel.

158.2-carat yellow diamond from Diavik
SourcingApr 03, 2025
Canadian Mine Produces 158-Carat Yellow Diamond

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

bench jeweler 1872x1052.png
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They Deserve

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

Buccellati Naturalia exhibition
CollectionsApr 03, 2025
Buccellati to Open Immersive Exhibition in Milan

The multisensory experience, open April 8-13, will feature the brand’s silver creations among dream-like scenes of natural landscapes.

Weekly QuizApr 03, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Jewelers of America logo
Policies & IssuesApr 03, 2025
Jewelers of America to Hold Webinar on Tariffs

The virtual event will take place April 7 at 3 p.m.

Bea Bongiasca Animali Tarallo Collection Royal Blue Tang Fish “Dory”
CollectionsApr 02, 2025
Bea Bongiasca’s ‘Tarallo’ Collection Expansion Is a Zoo

The pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.

Facets-of-Fire-Difference-You-Can-See.jpg
Brought to you by
Natural Diamonds Should Mean More

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

Neiman Marcus Downtown Dallas store
MajorsApr 02, 2025
Neiman Marcus’ Dallas Flagship Will Remain Open, For Now

Parent company Saks Global said the iconic location will be open through the holiday season as it decides what to do with the space.

Natural color diamonds on display at Smithsonian National Museum of History
SourcingApr 02, 2025
Winston’s Collection of Natural Color Diamonds Now on Display in D.C.

Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.

Punchmark
Events & AwardsApr 02, 2025
Punchmark to Host Client Workshop

The educational event will take place in Charlotte, North Carolina, this May.

Bergman Jewelers family
IndependentsApr 01, 2025
Bergman Jewelers in Omaha Closing After 137 Years

The independent jeweler first opened its doors in 1888.

QVC Group Inc. logo
MajorsApr 01, 2025
QVC Group to Cut 900 Jobs in the U.S.

The layoffs come amid the TV shopping channel’s efforts to restructure and focus on live shopping through social media.

Coconut Grove Jewelry & Watch Show
Events & AwardsApr 01, 2025
U.S. Antique Shows Adds Fall Show in Florida

The debut event will take place in Miami’s Coconut Grove neighborhood this fall.

The Jewelry Symposium (TJS)
Events & AwardsApr 01, 2025
TJS to Host Discussion on Jewelry Industry’s Labor Shortage

The roundtable will take place May 17 ahead of the trade show’s welcome dinner.

Peanuts x Monica Rich Kosann Collection Bracelets
CollectionsApr 01, 2025
Monica Rich Kosann Says ‘Good Grief’ in Peanuts Jewelry Collection

The “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.

Graphic for What Do We Mean When We Say “Recycled” Gold webinar
Recorded WebinarsMar 31, 2025
Watch: What Do We Mean When We Say ‘Recycled’ Gold?

Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.

Mindi Mond Clarity Earrings
TrendsMar 31, 2025
Amanda’s Style File: Dripping in Diamonds

Diamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.

Lashbrook ring
MajorsMar 31, 2025
Lashbrook Expands Into Luxury Golf Gifts With Acquisition

The Utah-based company known for making wedding bands has acquired Doubloon Golf.

Bulgari and LVMH Watches CEO Jean-Christophe Babin
WatchesMar 31, 2025
Bulgari CEO Jean-Christophe Babin Will Also Head LVMH Watches

The longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.

Surveillance footage of robbery
CrimeMar 28, 2025
2 Suspects Arrested in $1.7M Smash-and-Grab Robbery of NY Jewelry Store

Authorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.

Nephrite and Jadeite by Heinrich Fischer, Richard W. Hughes
SourcingMar 28, 2025
19th-Century Jade Book Now Available in English

Lotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.

LÖF The Valentine Ring
CollectionsMar 28, 2025
Piece of the Week: Löf’s ‘The Valentine’ Ring

The ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.

Eggs on a shelf
SurveysMar 27, 2025
Consumer Confidence Falls in March Amid ‘Gloomy’ Outlook

The Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.

Austin Butler
WatchesMar 27, 2025
Austin Butler Joins Breitling as Brand Ambassador

The Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.

ICA Congress Brazil 2025
SourcingMar 27, 2025
Susan Jacques, Gaetano Cavalieri to Headline 2025 ICA Congress

The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.

Bailey’s Fine Jewelry storefront
IndependentsMar 26, 2025
Bailey’s Fine Jewelry Acquires Fellow NC Independent Jeweler

The family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.

×

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