29 November 2018
An exceptional necklace adorned with 109.08 carats of Kashmir royal blue sapphires and diamonds fetched HK$116.53 million or US$15 million at Christie’s Magnificent Jewels auction in Hong Kong.
The Peacock Necklace achieved a per carat price of HK$1.06 million or US$137,146 – setting a world auction record for a Kashmir sapphire necklace.
Other auction favourites were the Moon of Baroda, a 24.04-carat fancy yellow VS2 diamond necklace, which sold for HK$10.3 million (around US$1.32 million); a black and white autographed photograph with frame of Marilyn Monroe wearing the Moon of Baroda, which was snapped up HK$275,000 (around US$35,302); and a jadeite bead and coloured sapphire necklace, which achieved HK$ 22.3 million (around US$2.86 million).
Vickie Sek, chairman, Jewellery Asia, commented, “International collectors from 18 countries participated across the board at our jewellery sale with three active bidders on the Peacock Necklace, which ultimately achieved a world auction record price. Five clients bid on the Moon of Baroda diamond, famously worn by Marilyn Monroe for the promotion of Gentlemen Prefer Blondes in 1953 and a jadeite bead necklace almost tripled its low estimate.”