HONG KONG.- Christie's Hong Kong Luxury Week continued on 25 November 2025 with the Magnificent Jewels live autumn auction, which totalled a market-leading HK$538,131,300 / US$69,456,822. The sale was 92% sold by lot, with a hammer price 106% above the low estimate, and close to 60% of lots sold over high estimates – driven by spirited competition in-room, on the telephones, and online. The sale total marks a 15% increase year on year and is Christie's highest autumn sale for the category in Hong Kong since 2017, reflecting the thriving market for jewels.

'The Royal Blue' – a necklace, adorned with 16 Kashmir 'Royal Blue' sapphires totalling 104.61 carats – sold for HK$125,450,000 / US$16,191,882, breaking the world auction record for a Kashmir sapphire necklace previously set at Christie's in 2018. The Royal Blue stands as the most valuable jewel sold at auction in Asia this year. The result continues Christie's exceptional track record in sourcing and presenting the highest calibre of gemstones to collectors. Sapphires were highly coveted overall and 100% sold, and there was notably enthusiastic bidding for jewels from renowned maisons and the offering was also 100% sold.

Jewellery sales continue with Magnificent Jewels: Online, open for bidding from 26 November until 5 December.

The John Shaw Patek Philippe Collection Achieves HK$52.5M / US$6.79M at Christie's Hong Kong

On 26 November 2025 during Hong Kong Luxury Week, Christie's presented a dedicated single-owner sale – The John Shaw Patek Philippe Collection, which was 100% sold, with a sale total of HK$52,542,440 / US$6,791,205 and a hammer price of 138% above the low estimate. The market responded to the quality of this rare offering of Patek Philippe timepieces, brought together through the discerning eye of the passionate collector, Mr. John Shaw. The sale was led by an extremely rare 18K pink gold Patek Philippe ref. 5016R, which achieved HK$5,334,000 / US$689,429. Christie's is honoured to have presented these exceptional timepieces from this superb private collection, continuing its leadership in stewarding the world's most prestigious collections.

The sale attracted strong global participation from 24 countries across four continents, underscoring worldwide interest in the category. There was sustained growth in client engagement, with 27% of buyers new to Christie's and nearly half of all buyers transacting online.

Watch sales continue with an online sale – Watches Online: Featuring "The Eternity Part 2" and "The Chronicle Part 3", open for bidding until 3 December.