A Pair Of Diamond and Ruby Pendent Earrings. Photo courtesy Tiancheng International

Designed as a phoenix, centring a pear - shaped light pink diamond weighing 1.05 and 1.19 carats, surrounded by pave - set colourless and pink diamonds that together weighing approximately 3.78 carats, mounted in 18k rose gold. Length 5.0 cm. Estimate HK$840,000 - 1,200,000 US$107,700 - 153,800

Accompanied by GIA report *5121854240 and 2125693211 dated 15 Dec 2010 and 28 Feb 2011, stating that the 1.05 and 1.19 carat diamond are fancy light pink colour, SI1, and VS1 in clarity.

Tiancheng International. Hong Kong Autumn Auction 2011. 28 Nov 2011 www.tianchengauction.com