Step inside the nearly 21,000-square-foot suburban Chicago jewelry store with Editor-in-Chief Michelle Graff.
5-Carat ‘Ai’ Blue Diamond to Sell for $12-15M
The rare stone is the highlight of Sotheby’s Oct. 3 jewelry auction in Hong Kong.
Hong Kong—A 5-carat fancy vivid blue diamond ring will be the highlight of Sotheby’s upcoming jewelry auction in Hong Kong.
Named the “Ai” diamond after the Chinese word for love, the stone is expected to sell for between $12.5 and $15.3 million when it hits the block next month.
It is the leading lot in Sotheby’s Hong Kong Magnificent Jewels and Jadeite jewelry sale, slated for Oct. 3 at the Hong Kong Convention and Exhibition Centre.
In addition to the Ai diamond, the jewelry auction will feature a pair of earrings with old European brilliant-cut fancy vivid yellow diamonds weighing 51.17 carats total—“well-matched” in color, ton and saturation, Sotheby’s said—accented with white diamonds. They are designed to depict a fruitful harvest of melons flowering from their vines.
The earrings, pictured below, could sell for between $4.8 and $6.1 million.
There also will be a number of important jade pieces, including a necklace composed of 51 jadeite beads of a brilliant emerald green color and with “very good” translucency, with a diamond clasp signed Chaumet. Pictured below, its pre-sale estimate is available upon request by Sotheby’s.
The jewelry auction also will include two fine jadeite bangles displaying hues of both lavender and green that blend seamlessly. Possessing strong saturation and fine translucency, the pair will be sold separately, with estimates of $665,000-$895,000 (left bangle) and $640,000-$895,000 (right bangle).
The jewelry auction also will have a section featuring works created by celebrated Asian contemporary designer Wallace Chan. This includes the tanzanite, chalcedony and diamond ring seen below, which could sell for as much as $230,000, as well as the earrings pictured below featuring conch pearl, gems and diamonds, which could sell for between $281,000 and $408,000.
The gallery also shows a pair of gem-set earrings from Chan, also featuring jade and diamonds, which are expected to garner between $70,500 and $109,000.
Chan was the first Asian jeweler to exhibit at the Biennale in Paris in 2012, and today can be seen at such major fairs as The European Fine Art Fair (TEFAF) and Masterpiece in London. His pieces are sought by collectors from around the world.
Rounding out the jewelry auction will be a selection of red carpet necklaces by jewelers such as Van Cleef & Arpels and David Morris, as well as a vintage Bulgari suite, and a curated selection of jewels primarily from the 1950s
The Latest
These punk-inspired earrings from the new Canadian brand’s debut collection reveal the alter ego of the classic pearl.
The company brings its nanotechnology to two new fancy cuts for diamonds that feature its signature color and brilliance.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
Sponsored by Tasha R
A federal court found that the jewelry store chain violated terms of the settlement reached after it was accused of defrauding customers.
Cynthia Erivo chose Dreams of Hope, an organization dedicated to empowering LGBTQA+ youth, as the charity for this year’s collection.
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
The new space was designed to evoke a warm, inviting vibe.
Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.
The auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.
The four finalists will present their pieces at the 2025 JCK Las Vegas show.
The “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
The money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.
The event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.
Local reports identified the woman as the wife of the jewelry store owner.
The Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.
“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
Hampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
The group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
The collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
This year’s theme asks designers to take inspiration from classic fairy tales.
Senior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
The latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
No. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.