News | December 2, 2009

Another Record for Christie’s Hong Kong

News | December 2, 2009

By Jillian Lobato

A pink diamond no larger than a chickpea went for $10.8 million at a Christie’s Hong Kong auction, according to Bloomberg News. The stone had the second-highest rating available and a weighed 5 carats. It topped the per-carat record set back in May, when Hong Kong property investor Joseph Lau had picked up a 7.03-carat blue diamond at an auction in Geneva for $10.5 million.

The pink diamond was sent under the gavel by Graff Diamonds, a London-based jeweler, and the stone was sold to a phone bidder who was one of the only to beat out Liu Yiqian and his wife, Wang Wei at this auction.

Overall, the 255 lots sold (an 89 percent sell rate) brought in HK$372 million.

There were other records set in Hong Kong, also. A sapphire weighing 16.65 carats, by Van Cleef & Arpels, brought in HK$18.6 million, also setting another per-carat record.

Via: Luxist