Pink Sets Record at Hong Kong Auction

(IDEX Online News) -  An anonymous buyer purchased the 14.23 carats fancy intense pink diamond offered at Christie’s Hong Kong, paying $1.63 million p/c and making it the most expensive jewel ever sold at auction in Asia.

The pink diamond was the highlight of the Monday jewels auction. The diamond, dubbed The Perfect Pink, is a VVS2, Type IIa fancy intense pink rectangular-cut diamond. Its hammer price was $23.17 million.

“The strength of the jewelry market was once again demonstrated in Hong Kong with a record $78.9 million auction, making it the highest total ever for a jewelry auction in Asia and the largest at Christie's worldwide,” said Vickie Sek, Director of the Jewellery and Jadeite Department, Christie’s Asia.

Other top items sold at the auction include a necklace set with a 12.29 carats, D / IF, Type IIa pear-shaped Golconda diamond that sold for $3.6 million to a private Asian buyer and a 16.72 carats D / IF Type IIa marquise-cut diamond that fetched $3.1 million, an average of $186,267 p/c.