A diamond ring, aptly named the “Pink Promise,” is expected to dazzle buyers at Christie’s Hong Kong Magnificent Jewels Autumn Sale 2017 scheduled for November 28. The piece is seen to fetch up to US$42 million.
The 14.93-carat fancy vivid pink VVS1 Type IIA diamond has a pre-sale estimate of HK$220 million to HK$ 320 million or US$28 million to US$42 million.
The Pink Promise leads Christie’s Magnificent Jewels auction, which will feature over 290 lots. Also on offer is an array of fancy colour diamonds, coloured gemstones and jadeites.
This season, Christie’s is also presenting a range of important signed pieces from legendary jeweller Wallace Chan, entitled “Wallace Chan: The Beginning of a Genius,” an extraordinary collection created by Chan during his most innovative period of self-discovery in the late 20th century.
Vickie Sek, deputy chairman and director of jewellery asia, commented “It is our privilege this season to be offering a cross-section of the finest diamonds, jewels and signed pieces to our esteemed collectors, who have come to expect only the best from Christie’s. The sale will be led by two exceptional pink diamonds, which are offered in response to the continued appetite of collectors around the world for pieces of mesmerising beauty and unsurpassed quality. Following our white glove sale of works from iconic Asian jewellery designers last season, we are thrilled to be offering a large collection of pieces by design visionary Wallace Chan.”
Pink diamonds, considered among the rarest and most valuable gemstones in the world, continue to captivate the hearts and minds of even the most avid collectors through their unique expression of identity and breathtaking beauty, revealed Christie’s.
No two pink diamonds are alike, each displaying a unique set of traits in hue, tone and saturation, resulting from the absorption of light in the diamond structure, added the auction house.