Thursday, October 3, 2024

Phillips Auction Set To Showcase $1.6m Ruby And Diamond Jewels

A stunning pair of ruby and diamond ear clips is expected to sell for between $1.2 million and $1.6 million (HK$9.4 million to HK$12.5 million) at Phillips’ highly anticipated Hong Kong Jewels Auction next month. The auction, set for October 3, will showcase a range of exceptional Burmese ruby lots, highlighting the enduring allure of rare gemstones in the global market.

The star lot, these remarkable ear clips, features two rubies weighing 10.77 and 9.99 carats respectively, both free from indications of heating. Surrounded by brilliant-cut diamonds and mounted in platinum and yellow gold, these pieces exemplify the craftsmanship and rarity that have long made Burmese rubies some of the most coveted gems in the world.

Among other notable items to be auctioned is an exquisite ruby and diamond necklace. This piece boasts 54.18 carats of graduated cushion-shaped, oval, and circular-cut rubies, many of which are a prized pigeon blood red, spaced by white pear-shaped diamonds. The necklace is estimated to fetch between $1 million and $1.15 million (HK$7.8 million to HK$9 million).

Janet Lam, senior specialist at Phillips, emphasized the growing interest in high-value jewelry, stating, “The global jewelry demand has remained resilient, especially for high jewelry, and we have seen steady and positive growth this year at Phillips.” The auction house has experienced a surge in sales, with over a 190% increase in global jewelry auction sales in the first half of 2024 compared to 2023.

Phillips’ Hong Kong Jewels Auction is set to attract significant attention from collectors and investors worldwide, with its impressive selection of rare Burmese rubies. With demand for high jewelry showing no signs of slowing down, the auction is poised to deliver exceptional results, reflecting the enduring value and desirability of fine gemstones.

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Alice
Alice
Alice is a seasoned jewelry designer renowned for her exquisite creations that seamlessly blend artistry with elegance. With a passion for craftsmanship and an unwavering commitment to quality, Alice has established herself as a distinguished figure in the world of fine jewelry. Drawing inspiration from diverse cultures and artistic movements, Alice brings a unique perspective to her designs, creating pieces that transcend mere accessories to become timeless works of art. Her meticulous attention to detail and insistence on using only the finest materials ensure that each creation reflects not only her artistic vision but also a commitment to unparalleled craftsmanship. Having honed her skills through years of dedicated practice and a keen understanding of evolving trends, Alice is adept at translating her clients' desires into bespoke, one-of-a-kind pieces. Her portfolio encompasses a range of styles, from classic and timeless to avant-garde and contemporary, showcasing her versatility and ability to cater to a diverse clientele.

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