Lot 2101. An exceptionally fine and rare jadeite ‘Laughing Buddha’ and diamond pendant. Estimate Upon Request. Lot sold HKD 9,558,000 (USD 1,223,424) © Poly Auction Hong Kong Limited.

The jadeite of brilliant emerald green color with high translucency, carved as a Laughing Buddha, surmounted by a brilliant-cut diamond, mounted in 18K gold, jadeite Buddha approximately 46.22 x 43.33 x 7.68 mm. 

Accompanied by report no. KJ 96375 dated 25 August 2017 from the Hong Kong Jade & Stone Laboratory stating that the jadeite tested is natural, known in the trade as “A Jade” 

Jadeite is known as the King of All Jades in China. It is one unique type of spiritual stone with significant meaning that is intricatelywoven into the Chinese history and culture. The Budai monk, nicknamed laughing Buddha, is usually identified with or seen as an incarnation of Maitreya, the future Buddha. It is adored all over the world for its lightheartedness, joy and sparkling energy. Its laugh is a representation of both contentment and abundance of good fortune, which is matched by this combination of bright and vivid color, fine texture, and size of this meticulously carved jadeite piece.

Poly Auction. Magnificent Jewels, 2 October 2017 1:30pm, Grand Hyatt Hong Kong