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

Selena Gomez, Benny Blanco, Engagement Ring
TrendsDec 13, 2024
Selena Gomez Said ‘Forever Begins Now’ to Marquise Diamond Engagement Ring

Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.

Martin Katz tanzanite drop earrings
TrendsDec 13, 2024
Piece of the Week: Martin Katz’s Tanzanite Drops

These half-moon tanzanite earrings totaling 25 carats are part of a special trunk show taking place this weekend in Dallas.

My Next Question webinar graphic
Recorded WebinarsDec 13, 2024
Watch: The Highs and Lows of 2024

The National Jeweler editors recap the top news, the best jewels, and their favorite stories of the year.

ja nj btyb.jpg
Brought to you by
Advocacy and Excellence: How Jewelers of America Is Committed to Elevating Our Industry

For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.

Grizzly emerald mining
SourcingDec 12, 2024
Grizzly Emerald Auction Garners $22.4M

Recent expansion initiatives at the Zambian emerald mine have shown strong production numbers, said Grizzly founder Abdoulaye Ndiaye.

Weekly QuizDec 12, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Carrie Forman
MajorsDec 12, 2024
Mark Henry Appoints New Director of Sales

Carrie Forman joins the brand to guide it into the next phase of growth with major and independent retailers in the U.S. and abroad.

Models wearing jewelry by 2024 Shining Light Award winners
SourcingDec 12, 2024
De Beers Announces 2024 ‘Shining Light’ Award Winners

The competition awarded 12 designers, each from a country where De Beers recovers diamonds, with business support and tuition assistance.

undefined.png
Brought to you by
Protecting Your Sparkle: Why Screening Has Become Essential

While no reputable jeweler would knowingly sell lab-grown stones as natural, it's a growing possibility.

Woman wearing a snake ring and bracelet
CollectionsDec 12, 2024
The Jared Atelier x Vera Wang Collection Emphasizes Elegance

The high jewelry collection features 14 one-of-a-kind pieces, with serpent and ribbon motifs winding their way through the collection.

Stock image of a gavel
CrimeDec 11, 2024
Former Tiffany & Co. Factory Supervisor Sentenced for Stealing Precious Metals

A federal judge gave Benjamin Preacher 59 days in jail, plus 10 months of home confinement and two years of supervised release.

Grader looking into microscope at IGI lab
GradingDec 11, 2024
IGI Set to Go Public Next Week

In a CNBC interview, CEO Tehmasp Printer discussed the IPO in India and what declining lab-grown diamond prices mean for the company.

Stephanie Gottlieb, Anna Harman, Stephanie Gottlieb x Studs Collection
CollectionsDec 11, 2024
Stephanie Gottlieb Brings Natural Diamonds to Studs

The 13-piece “Stephanie Gottlieb x Studs” collection is the piercing studio’s first fine jewelry offering to feature the gemstone.

Exterior of Sauer’s Madison Avenue Store
IndependentsDec 10, 2024
Sauer Opens First U.S. Store

The Brazilian jewelry brand made a home on New York City’s Madison Avenue with exclusive pieces only available at the location.

Person at keyboard holding credit card
SurveysDec 10, 2024
Jewelry Among Top Sellers on Cyber Monday, Says Adobe

An Adobe Analytics report explored the rise in mobile shopping, the popularity of Buy Now Pay Later options, and peak shopping hours.

American Gem Trade Association and University of Arizona
Events & AwardsDec 10, 2024
AGTA Launches Scholarship for University of Arizona Geosciences Students

The inaugural Dick Greenwood Memorial Scholarship in Gems Science will cover the fall 2025 and spring 2026 semesters.

JA New York Show Entrance
Events & AwardsDec 10, 2024
JA New York To Debut 2 New Pavilions at Spring 2025 Show

A Piazza Italia pavilion will feature Italian designers and manufacturers while “MJSA Showcase” brings over a piece of the MJSA Expo.

Ray Griffiths and Ray Griffiths: The Works
CollectionsDec 09, 2024
Ray Griffiths’ First Coffee Table Book Spans 5 Decades of Design

“Ray Griffiths: The Works” tells the story of the master jeweler’s career, which started with an apprenticeship in Australia at age 15.

Grant Mobley and Thomas Davis
MajorsDec 09, 2024
Thomas Davis, Grant Mobley Join WJA Foundation Board

Davis is the director of business development at Select Jewelry Inc., and Mobley is the jewelry and watch editor at the Natural Diamond Council.

Movado campaign
FinancialsDec 09, 2024
Movado’s Q3 Sales Down 3% Amid ‘Challenging’ Environment

The retailer has been upping its marketing spend to drive revenue growth and brand awareness.

Treiber & Straub store Brookfield, Wisconsin
IndependentsDec 06, 2024
After 44 Years in Business, This Wisconsin Independent Is Closing

Mike Straub and John Treiber opened Treiber & Straub in 1980 with the goal of bringing Milwaukeeans the best jewelry brands.

Pantone Color of the Year Mocha Mousse
TrendsDec 06, 2024
Pantone’s Color of the Year Is a Delicious Mousse

The color for 2025, “Mocha Mousse,” embodies thoughtful indulgences and everyday pleasures.

Cocoerow Fine Jewelry’s Kokoro Ant Pendant
CollectionsDec 06, 2024
Piece of the Week: Cocoerow Fine Jewelry’s ‘Kokoro’ Pendant

The Yoruba word for ant, “Kokoro” embodies the strength of womanhood in ant society while highlighting responsible sourcing.

Roberto Coin jewelry
FinancialsDec 06, 2024
Roberto Coin Acquisition Gives Watches of Switzerland a Boost in H1

The retailer’s jewelry sales doubled, with branded jewelry performing especially well.

Gold rings
FinancialsDec 05, 2024
Signet Jewelers’ Q3 Sales Slide Amid Slow Engagement Ring Sales, Tech Issues

The jewelry retailer addressed the lab-grown diamond “disruption,” the price of gold, and its holiday weekend performance.

Hand holding shopping bags
SurveysDec 05, 2024
Consumer Confidence Rises Again in November

A more positive view of the current labor market boosted the Conference Board’s index last month.

Michael S. Krzemnicki
Events & AwardsDec 05, 2024
Michael S. Krzemnicki to Receive 2024 Bonanno Award

The director of the Swiss Gemmological Institute (SSEF) will be honored for his impact on gemology and dedication to advancing the science.

1.png
Supplier BulletinDec 05, 2024
Join Us For Color's Premier Show: 2025 AGTA GemFair Tucson

Sponsored by 2025 AGTA GemFair Tucson

×

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