‘Pigeon’s Blood’ Ruby Necklace Leads Diverse Christie’s Hong Kong Jewelry Sale

CHRISTIE'S IMAGES LTD. 2011

It’s a rare jewelry auction these days where diamonds are not the most prestigious items for sale. This auction will break the trend as leading the sale of Christie’s Hong Kong Magnificent Jewels Autumn sale is a Burmese no heat “pigeon’s blood” ruby and diamond necklace (pictured above) with matching earrings (below) by James W. Currens. The necklace has an auction estimate of $3.5 to $5.5 million; and the earrings have estimate of $2.5 million to $3.5 million.

CHRISTIE'S IMAGES LTD. 2011

Designed as twenty-six graduated oval-shaped rubies weighing between 5.38 and 1.27 carats, each ruby comprising the necklace named, “Red Scarlet” is accented by a cluster of marquise and pear-shaped diamonds, mounted in platinum and 18k yellow gold. The matching pair of earrings are titled the “Red Butterflies” for their shape, and each feature a pair of Burmese rubies over 7 carats. The rubies all come from the Mogok Stone Tract in Upper Burma, which is considered to be the source for the finest quality “pigeon’s blood” rubies, the term used to describe the brightest and most valuable red color for rubies.

More than 300 items will be on sale for the November 27 auction at the Hong Kong Convention & Exhibition Centre. The pre-sale estimate is valued at approximately $70 million. An assortment of diamonds, emeralds and sapphires from the world’s legendary mines, natural seawater pearls, and, being Hong Kong, jadeite jewelry will be among the items featured. Highlights include: 

Emerald, pearl and diamond earrings in platinum, featuring Colombian pear-shaped emeralds weighing 23.34 carats and 23.18 carats. Its estimate is $3.5 million to $4.8 million. CHRISTIE'S IMAGES LTD. 2011

Diamond and pearl earrings, featuring a pair of 6-carat pear-shaped diamonds from the legendary Golconda mine in India. Its estimate is $1.2 million to $1.9 million.  CHRISTIE'S IMAGES LTD. 2011

A natural pearl and diamond necklace with an estimate of $1.2 million to $1.5 million. CHRISTIE'S IMAGES LTD. 2011

A lavender jadeite bead necklace, consisting of 63 slightly graduated jadeite beads measuring from 8.8 to 11.3 mm, and a jadeite cabochon and diamond clasp mounted in 18k white gold. Its estimate is $1 million to $1.5 million. CHRISTIE'S IMAGES LTD. 2011

A 36.58-carat fancy brown diamond ring with an estimate of $1 million to $1.5 million. CHRISTIE'S IMAGES LTD. 2011

An 8.59-carat fancy pink cut-cornered rectangular-cut diamond and sapphire ring, by Paris-based American jeweler, JAR. Its estimate is $3 million to $4.5 million. CHRISTIE'S IMAGES LTD. 2011

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Web site.

JAR Diamond Ring, 6-Carat Burmese Ruby and Jade Necklace at Christie’s Hong Kong Auction

JAR three-diamond ring. Photo Credit: CHRISTIE'S IMAGES LTD. 2012

The upcoming Christie’s Hong Kong Magnificent Jewels sale is turning out to be something special in the quality and quantity of the items for sale. As previously reported, the May 29 sale at the Hong Kong Convention & Exhibition Centre, will have the largest round fancy intense pink diamond to ever appear at auction and a 11.85-carat D VVS1 potentially flawless round brilliant-cut diamond—both with Harry Winston pedigree. But there’s more.

The 1:30 p.m. sale, in the Woods Room of the convention hall, will include a three-diamond ring from JAR, a 6-carat, pigeon’s blood Burma ruby and diamond ring, and being Hong Kong, a superb jadeite bead necklace. The auction will also include natural pearls, Burmese sapphires, Colombian emeralds, rare period pieces, and selection of signed contemporary jewels.

The ring from JAR is set with three diamonds. They are a 10.67-carat D color, internally flawless, oval-shaped diamond at its center, flanked by two D color, internally flawless diamonds of 6.07 and 6.04 carats. The estimate is $2.5 million – $3.5 million. Perhaps the world’s most influential jewelry designer, Joel Arthur Rosenthal, along with his Swiss business partner, Pierre Jeannet, founded JAR in 1977. It is housed discreetly in an apartment boutique on Place Vendôme in Paris, only accepting clients by appointment. The one-of-a-kind and often made-to-order JAR creations are sought after by clients around the world and their appearance on the auction market marks an important event for collectors.

Photo Credit: CHRISTIE'S IMAGES LTD. 2012

Also among the highlights of the auction is a 6.04-carat Burmese ruby and diamond ring by Etcetera (pictured above) with an estimate of $2.5 million – $3.8 million. This no heat cushion-shaped stone possesses the most desirable “pigeon’s blood red” color and an extraordinary degree of transparency. Burmese rubies over 5 carats, particular those gems that have not undergone any thermal enhancement are extremely rare.

Photo Credit: CHRISTIE'S IMAGES LTD. 2012

Another item that will attract the attention of bidders is a jadeite bead necklace (pictured above) with an estimate of $3.2 million - $4.5 million. “Evenly and strongly saturated, each of the jadeite beads featured in this necklace exhibits the optimal combination of color, translucency and texture,” Christie’s says. “The beads display a vivid emerald green color with a desirable tone that is neither too dark nor light. Their fine texture and excellent glass-like translucency only bolsters the rareness of such high-quality material, resulting in one of the most anticipated jewels offered at auction this year.”