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Christie’s Sells Pink Diamond For Record $29ML
May 25, 2021​​

The Sakura ring was the star at Christie’s Hong Kong, setting a world-record auction price for a purple-pink diamond.
​The cushion-cut, 15.81-carat, fancy-vivid, internally flawless stone sold within its estimate for $29.3 million, 
or $1.9 million per carat, at the May 23 Magnificent Jewels auction, Christie’s said. 
The piece, purchased by a private Asian buyer, was also the most valuable jewel sold at auction so far this year. Overall, the Hong Kong sale raked in $76.8 million, the auction house’s highest total for a jewelry auction in four years.

“We are very excited to have marked another important chapter in jewelry-auction history today, with The Sakura realizing a record-breaking price,” said Vickie Sek, chairman of Christie’s Asia Pacific jewelry department. “The strong sell-through rates and exceptional prices achieved for top-quality colored diamonds and gemstones reflect a robust market demand.”

Christie’s jewellery business
​reaches new heights in 2020
January 6, 2021​​

Jewellery auctions held by Christie’s in 2020 reached new levels of growth, buoyed by online initiatives and solid demand for high-quality diamonds and jewellery amid the coronavirus crisis.
 Christie’s sold 48 lots for over US$1 million throughout 2020, with global jewellery sales achieving an overall sell-through of 84%. continue reading...

Christie’s Hong Kong
​auction nets US$51.5m
November 30, 2020

Christie’s Hong Kong Magnificent Jewels Autumn Auction achieved HK$397.08 million (around US$51.5 million) on November 29, reflecting sustained market demand for fine-quality diamond and coloured gemstone jewellery pieces. 
 Top-billing the sale was an emerald and diamond double rivière necklace, which sold for HK$54.25 million (around US$7 million). continue reading...

Sotheby's achieves US$56m
​ at Hong Kong jewellery sale
July 13, 2020

​Fine jewellery auction by Sotheby’s Hong Kong realized a total of HK$437.67 million (US$56.47 million), reflecting robust demand for high-quality jewels and collectors’ items in Asia. 
The sale was led by two rare diamonds – a 5.04-carat Type IIB fancy vivid blue diamond ring, which sold for HK$81.79 million (US$10.55 million); and a 4.49-carat internally flawless fancy vivid pink diamond ring, which fetched HK$63 million (US$8.12 million). continue reading...

LVMH confirms deal to buy Tiffany for $16.2 billion in its largest acquisition ever
November 25, 2019

LVMH confirmed Monday that it would acquire the US jewelry chain Tiffany & Co. for about $16.2 billion.
This is LVMH's most expensive luxury acquisition ever.
 The news comes after several weeks of speculation over whether Tiffany would accept a deal after LVMH first made an offer of $14.5 billion for the retailer.  
​continue reading...
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