$6.4m Jadeite and diamond necklace to sparkle in Hong Kong
Following their first jewellery sale of the year in New York, which was dominated by yellow diamonds, Sotheby’s are holding a major auction in the growing market of Hong Kong.

This intends to be a bigger sale than the February sale. Unusally, it is themed around jadeite pieces.

Of these, the expected top lot is a jadeite necklace. Joined by circular diamonds and a platinum clasp (signed ‘Cartier’), the piece is 530mm long and consists of 35 vivid green translucent beads.

WIth a distinctly marine feel, the valuable necklace is expected to bring HK$38m-50m (that’s up to US$6.44m).

Jadeite and Diamond necklace
Jadeite and Diamond necklace

Closely following this is an important and rare fancy vivid blue diamond known as the De Beers Millennium Jewel.

The pear-shaped blue diamond, which weighs 5.16 carats is flanked by two white, shield-shaped diamonds and mounted in platinum.

This is estimated at HK$36m-46m, (up to US$5.9m) but is almost more interesting than the other lot.

Last year, the biggest diamond sale of the year was a blue diamond sold by Sotheby’s in Geneva for US$10.5m, closely followed by a pink diamond sold by Christie’s in Hong Kong for US$10.3.

We will be awaiting the results of the sale, which takes place on April 7, as eagerly as Sotheby’s


Image: Sotheby's

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