HONG KONG.- Tiancheng International Jewellery and Jadeite Autumn Auction 2018 concluded today, totalling over HK$125 million／US$16.03 million, with four lots sold for over HK$10 million, over 63% total sold rate and over 90% jadeite sold rate. Together with the spring auction, Tiancheng International achieved HK$270 million／US$34.62 million in 2018.  

The star lot of the sale was a 29.53-Carat D Colour Internally Flawless Type IIa Excellent Polish Diamond Ring. Bidding opened at HK$ 12 million and after spirited biddings, the piece was eventually sold to a telephone bidder for a spectacular price of HK$ 27 million／US$ 3.46 million. Apart from the most desirable colour and clarity grading, this magnificent Type IIa quality diamond also boasts the highest chemical purity and transparency. Meticulously cut into a classy pear shape, the centre stone is flanked by two heart-shaped diamonds totalling approximately 2.85 carats, making it the epitome of rarity and refinement. 

Lot 237. Magnificent 29.53-Carat D Colour Internally Flawless Type IIa Excellent Polish Diamond Ring. Estimate: HK$22,000,000 - 32,000,000 (US$2,820,000 - 4,100,000). Sold for HK$27,000,000 (US$3,460,000. © Tiancheng International

Centring on a pear-shaped diamond weighing 29.53 carats, flanked by two heart-shaped diamonds, decorated with single-cut diamonds extending to the basket and shank, the diamonds together weighing approximately 4.45 carats, mounted in platinum. Ring size: 5½

Accompanied by GIA report numbered 1102964356, dated 21 July 2009, stating that the 29.53 carat diamond is D colour, Internally Flawless clarity, with Excellent Polish; along with a diamond type classification report, stating that 'The 29.53 carat pear brilliant diamond ... has been determined to be a type IIa diamond. Type IIa diamonds are the most chemically pure type of diamond and often have exceptional optical transparency.'

Another highlight was an 8.06-Carat Natural Unheated Burmese Mogok “Pigeon’s Blood” Ruby and Diamond Ring which realised HK$ 16.32 million／US$ 2.09 million. This ruby glows with the most desirable “pigeon’s blood” colour, rendering it an enticing gem which deserves pride of place in any private collection.

Lot 238. Impressive 8.06-Carat Natural Unheated Burmese Mogok “Pigeon’s Blood” Ruby and Diamond Ring. Estimate: HK$13,800,000 - 16,800,000 (US$1,770,000 - 2,154,000). Sold for HK$16,320,000 (US$2090,000). © Tiancheng International

Centring on a cushion-shaped ruby weighing 8.06 carats, flanked by two emerald-cut diamonds weighing 1.30 and 1.27 carats respectively, decorated with brilliant-cut diamonds extending to the shoulders, mounted in 18 karat white gold. Ring size: 6.

Jadeite pieces were keenly coveted today, achieving a remarkable sold rate of over 90%, which include a Jadeite “Guanyin” and Diamond Pendant that fetched HK$ 14.4 million ／ US$ 1.85 million. Emanating luscious green and limpid translucency, the pendant portrays Guanyin with a serene countenance and soft, downcast eyes.

Lot 133. Important Jadeite “Guanyin” and Diamond Pendant. Estimate: HK$12,000,000 - 15,000,000 (US$1,540,000 - 1,920,000). Sold for HK$14,400,000 (US$1,850,000). © Tiancheng International

Another highlight was a Jadeite and Diamond Necklace which was sold for HK$ 12.6 million／US$ 1.61 million. This exquisite piece is composed of 59 jadeite beads of luxuriant green hue and fine translucency. 

Lot 184. Impressive Jadeite and Diamond Necklace. Estimate: HK$10,000,000 - 15,000,000 (US$1,280,000 - 1,920,000). Sold for HK$12,600,000 (US$1,610,000). © Tiancheng International.

Composed of fifty-nine graduated jadeite beads of evenly rich emerald green colour and very fine translucency, completed by a stylised clasp decorated with marquise-shaped and brilliant-cut diamonds together weighing approximately 1.10 carats, mounted in 18 karat white gold, length approximately 630mm.

Beads measuring approximately 11.01 to 9.10mm.

Accompanied by Hong Kong Jade & Stone Laboratory report numbered KJ89791(1-10), dated 31 March 2015, stating that the jadeites are natural, known in the trade as 'A Jade'

Wang Jie, Managing Director of Tiancheng International and Connie Huang, Specialist of Tiancheng International’s Jewellery Department, commented after the sale, “We are very pleased with the results today amid the selective market. The strong prices achieved for top quality diamonds and coloured gemstones illustrated the robust demand for precious jewellery. Following on the incredible sold rate of jadeite we achieved this spring, the jadeite section today carried on this positive momentum and achieved an over 90% sold rate, which is a testament of our thoughtfully curated sale. We would like to express our heartfelt gratitude to collectors across the region. Tiancheng International will assuredly continue to present handpicked treasures in our spring auction next year."