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A rare pink-purple diamond ring by Cindy Chao is top lot at Bonhams Rare Jewels and Jadeite Sale
Rare and Impressive Fancy Coloured Diamond and Diamond Dress Ring by Cindy Chao sold for HK$9,100,000 (estimate HK$8,000,000-10,000,000). Photo: Bonhams.

HONG KONG.- An impressive Fancy Coloured Diamond and Diamond dress ring by Cindy Chao’s iconic Ribbon Collection triumphed at the Bonhams Rare Jewels and Jadeite auction selling for HK$9,100,000 with an estimate of HK$8,000,000-10,000,000. The Fancy Pink-Purple oval-cut diamond, weighing 4.23 carats, is wrapped within a setting of ribbon design, pave-set with brilliant and cushion-cut diamonds.

Led by Bonhams CEO and Group Head of Jewellery, Matthew Girling, the 123-lot sale in Hong Kong totalled HK$55,236,250.

Interest was strong for a rare 10.02 carat Fine ‘No Oil’ Emerald and Diamond ring which went under the hammer for HK$6,100,000 (estimate HK$3,400,000-4,000,000), featuring a cushion-shaped set between trillion-cut diamond shoulders.

The sale ended with a heated bidding war for an impressive 10.03 carats Diamond and Coloured Diamond ring by British jewellery designer Stephen Webster which sold for HK$3,580,000 with a low estimate of HK$1,500,000-2,200,000.

Commenting from the auction room in Hong Kong, Graeme Thompson, Head of Jewellery, Asia, said, “Overall the sale was very positive with strongest interest from local and global collectors in white colourless diamonds, fine gemstones and rare jewels. Bids came in from around the world including Pan-Asia, the Middle East, Europe and America reflecting Hong Kong as an international auction market hub.”

Highlights from the sale included an important Jadeite Bead, Ruby and Diamond Necklace for HK$2,375,000; an early 20th Century Natural Pearl and Diamond necklace by Tiffany & Co. for HK$2,250,000; and, a 10.27 carats Marquise-Cut Diamond Single-Stone ring by Harry Winston for HK$2,187,500.

Upcoming auctions for Fine Jewellery at Bonhams will take place on 4 December in New York and 7 December in London.

Today's News

November 28, 2017

The Metropolitan Museum of Art opens major David Hockney retrospective

Grand Palais offers an exceptional journey into Paul Gauguin's fascinating creative process

Monet's glasses sold for over $50,000 in Hong Kong

Exhibition offers a fascinating journey into the uniqueness of Galileo

Small exhibition at Kunsthistorisches Museum showcases work by Girolamo da Treviso

Picasso's erotic etchings sell for nearly 2 million euros

Latin American Art Sale by Morton Subastas coming up on November 30 in Mexico City

August Uribe rejoins Sotheby's as Vice Chairman, Americas

Galerie Thaddaeus Ropac opens the most comprehensive and extensive show to date of Arnulf Rainer's early work

Solo exhibition by Los Angeles-based artist Brian Fahlstrom on view at Marlborough Contemporary

Petzel Gallery opens a group exhibition featuring works by seven artists at Nanzuka in Tokyo

Major sculpture by leading 20th-Century artist acquired by Scottish National Gallery of Modern Art

Kim Foster Gallery opens exhibition of works by Susan Wides

Christie's Important Russian Art Auction achieved £13,278,500 in total

Elite treasures from Ruth, Gehrig, DiMaggio, Mantle and more featured in Heritage Auctions sale

Washington, Lincoln, JFK, Reagan memorabilia at University Archives auction, December 6th

A rare pink-purple diamond ring by Cindy Chao is top lot at Bonhams Rare Jewels and Jadeite Sale

Kallos Gallery exhibits works from the Grand Tour period to today

French art highlights Heritage's European Art Auction December 8

Masterwork by ceramist Peter Voulkos to lead Phillips' December Design Auctions

The Electric Comma: V-A-C Foundation opens a group exhibition at Palazzo delle Zattere

Different strokes: Taiwan's creative campaign for traditional characters

NGV commences installation of spectacular 18m long work by Chinese contemporary artist Xu Zhen

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