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29.53-carat diamond leads HK sale

An exceptional 29.53-carat D-colour Type IIA IF diamond ring led the Tiancheng International’s Jewellery and Jadeite Autumn Auction 2018 in Hong Kong, fetching for HK$27 million (around US$3.46 million). Total sales at the auction reached more than HK$125 million (around US$16.03 million).

“Apart from the most desirable colour and clarity grading, this magnificent Type IIA diamond also boasts the highest chemical purity and transparency. Meticulously cut into a classy pear shape, the centre stone is flanked by two heart-shaped diamonds totalling approximately 2.85 carats, making it the epitome of rarity and refinement,” the auction house said.

Another notable lot was an 8.06-carat natural unheated Burmese Mogok Pigeon’s Blood ruby and diamond ring sold for HK$16.32 million (around US$2.09 million).

A jadeite “Guanyin” and diamond pendant was also successful, achieving HK$14.4 million (around US$1.85 million); a jadeite and diamond necklace fetched HK$12.6 million (around US$1.61 million).

Wang Jie, managing director of Tiancheng International and Connie Huang, specialist of Tiancheng International’s Jewellery Department, commented, “The strong prices achieved for top-quality diamonds and coloured gemstones illustrated the robust demand for precious jewellery.”

Source: JNA