Hong Kong-based Tiancheng International raised a total of HK$111,342,440 (US$14.35 million) from its Jewellery and Jadeite Spring Auction held in Central on June 12.
A total of 275 lots of diamond, coloured gemstone and jadeite jewellery were sold during the auction.
Leading the Hong Kong sale was a jadeite necklace composed of 108 beads of intensely saturated green colour, with the largest jadeite bead measuring approximately 18.62mm. The piece sold for HK$21.24 million or US$2.7 million, well within pre-sale estimates.
Other highlights were a 29.16-carat natural untreated Colombian Muzo emerald and diamond ring, which was snapped up for HK$11.56 million or US$1.48 million; and a 6-carat natural unheated Burmese Mogok ‘Pigeon’s Blood’ ruby and diamond ring, which fetched HK$10.03 million or US$1.28 million.
The June 12 sale coincided with the ‘Magnificent Jewellery Charity Auction – Kat Florence & Sarah Jessica Parker,’ which was held to help raise funds for an initiative aimed at improving water supply to northwest China and providing a more conducive learning environment for students affected by a massive earthquake in Nepal.
The sale realised a total of HK$11,561,640 or US$1.48 million.
Among the top lots were a Paraiba tourmaline and diamond pendant necklace and a “Namunyak” tanzanite and diamond pendant necklace, which both sold for HK$2.36 million (about US$304,117).