Upcoming B2B Gems & Jewellery Exhibition- 19th - 20th - 21st January 2019. Bangalore.

Fancy Vivid Blue Diamond fetched US$31.8 m

2016-04-07


Highest price ever paid for a jewel at auction in Asia

Quek Chin Yeow, Deputy Chairman of Sotheby’s Asia and Chairman of International Jewellery, Asia said, “We are delighted with the results of this sale, with the De Beers Millennium Jewel 4 setting a record for any jewel sold at auction in Asia at HK$248.28 million."

Top Lot, De Beers Millennium Jewel 4 of A 10.10-ct Oval-shaped Fancy Vivid Blue Diamond Sold for US$31.8 m & fetched US$3,151,561 per Carat. The top ten lots show a great diversity ranging from coloured diamonds, diamonds, gemstones and pearls to jadeite.

Rare and important jewels from Asian private collections lead the strength of the market with the De Beers Millennium Jewel 4, the fancy vivid orange diamond and the strand of natural pearls achieving exceptional prices.

Previous Auction Record for a Jewel in Asia – a 118.28-carat Oval-shaped D-Flawless Diamond sold for HK$238.68 million / US$30.6 million at Sotheby’s Hong Kong in October 2013.