That’s according to Interbrand, which just released its 2021 list of 100 Best Global Brands.
These 2 Fancy Color Diamonds Captured Buyers’ Hearts in HK
The 5.04-carat fancy vivid blue diamond led Sotheby’s jewelry auction, selling for $10.6 million Friday.
Hong Kong—Buyers fell in love with two fancy color diamond hearts at auction Friday.
The stones garnered $18.7 million between them at Sotheby’s Magnificent Jewels sale in Hong Kong, the auction house’s first live sale in Asia since the onset of COVID-19.
The 5.04-carat fancy vivid blue heart modified brilliant-cut diamond, flanked by two pear-shaped diamonds and mounted in platinum, led the auction at $10.6 million, topping its highest pre-sale estimate of $9.7 million.
Its sister stone, a 4.49-carat heart modified brilliant-cut fancy vivid pink diamond, flanked by pear-shaped diamonds and mounted in 18-karat white gold, became the No. 3 lot overall when it garnered $8.1 million.
Falling between them at No. 2 was a necklace comprised of 37 jadeite beads described as having a “highly translucent brilliant emerald green color” and a clasp set with a cabochon ruby and single-cut diamonds.
It sold for $10.4 million.
The fifth highest-grossing lot of the jewelry auction was the 4.05-carat marquise-shaped fancy intense purplish-pink diamond ring pictured below, which sold for $1.6 million, beating its pre-sale estimate.
Going for more than three times its pre-sale estimate and selling for $210,000 was an antique diamond bracelet signed by Garrard, the London-based jeweler to the British crown, given to Princess Margaret, Queen Elizabeth II’s sister, on her 21st birthday.
It was said to be a favorite of hers, as she was seen wearing it in public often.
Meanwhile, a number of colorless diamonds expected to be among the top lots went unsold.
A pair of unmounted diamond hearts, both weighing 10.51 carats each, was expected to sell for between $1.8 million and $2.1 million total but failed to find a buyer at the jewelry auction Friday, as did a 22.18-carat D flawless emerald-cut diamond and an 18-carat cushion D IF brilliant-cut diamond.
Sotheby’s Magnificent Jewels auction totaled $56.5 million.
For full jewelry auction results, visit Sothebys.com.
Buyers may be excited about online diamond deals, but there are uncertainties surrounding the authenticity and clarity of the diamonds.
The brand’s signature bangle gets a necklace companion.
However, their optimistic outlook comes with a hint of caution due to a number of factors out of their collective control.
The tome offers an appreciation for the stone through the voices of celebrities, designers, and other diamond lovers.
One of the highlights of the JCK show in Las Vegas has always been the Italian Pavilion, buzzing with excitement and elegance.