The Spring Auctions series of Tiancheng International
was completed by its Jewellery and Jadeite Auction today 15 June, which has achieved HK$287 million with 79% sold by value. The Spring season was concluded by HK$362 million, combining the results of the Fine Chinese Paintings and the Modern and Contemporary Art auctions which had been completed on 6 April.
Lot 223, a pair of VERY IMPRESSIVE JADEITE BANGLES, which was sold for HK$53.7 million, became the top lot of the Jewellery and Jadeite Sale.
Yan Zheng, Chairman of Tiancheng International said, We are very pleased by the results of the Jewellery and Jadeite Sale, with the success of the jadeites with nearly 80% sold in particular. This has re-affirmed the strong demand and market for the top jadeites in Asia. Tiancheng International has introduced Fine Chinese Paintings this season with enthusiastic response. We are looking forward to our Autumn Auctions series of all the categories including Modern and Contemporary Art, Fine Chinese Paintings, and Jewellery and Jadeite.
Ellen Sin, Director of Tiancheng Internationals Jewellery Department added, Nowadays, jewellery collectors have much wider interests. Besides the conventional top jadeites and diamonds, coloured gemstones like natural rubies and emeralds have been sought after and drawn increasing attention. In this Spring sale, three natural unheated ruby and diamond necklaces with Burmese origin were sold for exceptional price at HK$24.8 million (Lot 222), HK$16.5 million (Lot 149) and HK$5.31 million (Lot 82) respectively. We will continue our perseverance in bringing more unique jewelleries in line with the market tastes from all over the world to the collectors.