The event, which will co-locate with the Monterey Bay Jade Festival, will bring education sessions focused on jade to the United States.
Another Top Lot Fails to Sell, This Time at Sotheby’s HK
A jadeite bangle predicted to go for up to $9 million didn’t sell at the Oct. 4 auction, just two weeks after a headlining piece in New York also failed to meet its reserve price.

Hong Kong--It appears the buyers at auction and the experts giving the jewelry lots their pre-sale estimates are on different pages these days.
For the second time in about a two-week period, the predicted top lot of a jewelry auction failed to sell.
At the Magnificent Jewels and Jadeite sale held at Sotheby’s Hong Kong Oct. 4, the auction house predicted that a “highly important” jadeite bangle would lead the event with a pre-sale estimate of between $6.4 million and $9 million.
Instead, it failed to meet its reserve price, just like a 27-carat oval diamond ring recently did at Sotheby’s New York.
Sotheby’s Hong Kong did not respond to a request for comment on the failed sale by press time.
The top lot of the sale turned out to be a colored gemstone, also mirroring the results of the New York sale.
A ring featuring a 5.07-carat ruby surrounded by four pear-shaped diamonds weighing 7.56 total carats, accented with circular-cut diamonds and mounted in platinum and 18-karat yellow gold, sold for about $1.9 million.
Following the ruby ring were more colored stones, with a matching Bulgari set comprising an emerald and diamond necklace and earrings falling just behind when it garnered approximately $1.8 million, surpassing its pre-sale estimate of $1 million.
A Cartier ring set with a 13.60-carat cut-cornered rectangular step-cut diamond sold for $1.7 million, a VS2 clarity oval fancy vivid yellow diamond of 10.81 carats followed behind at $1.2 million, and two brilliant-cut unmounted diamonds weighing 5.96 and 5.86 carats garnered $1.1 million.
Two jadeite pieces did appear in the top lots--a pair of highly translucent jadeite double hoop earrings surmounted by an oval diamond each weighing 1.01 carats went for approximately $815,000, and a necklace composed of 47 translucent jadeite beads with a clasp set with circular-cut diamonds and calibré-cut rubies sold for about $737,000.
Rounding out the top 10 were a pair of earrings featuring pear-shaped diamonds weighing 5.10 and 5.07 carats that garnered about $691,000; a bracelet comprised of 28 emerald-cut diamonds weighing 57.75 carats total that sold for about $614,000; and a fancy intense yellow, fancy yellow, fancy light yellow and white diamond necklace and earring matching set from Graff that also went for about $614,000.
The sale generated revenues of more than $24.8 million but was only 60 percent sold by lot, with 115 out of 192 lots on offer finding buyers.
The
The Latest

The charm is a celebration of springtime as April showers bring May flowers with the piece’s cluster of diamond raindrops.

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

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

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


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

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

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.

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

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

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

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

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

The independent jeweler first opened its doors in 1888.

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

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

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

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

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

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

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

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

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

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

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

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

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