Christie’s Hong Kong Auction Sold The Moussaieff Fancy Vivid Blue Diamond

Following its big diamond jewelry auction in Geneva, Christie’s auction house in Hong Kong successfully sold the Moussaieff Fancy Vivid Blue diamond at its Magnificent Jewels auction, among other magnificent jewels that went under the hammer. The Asian market for fancy color diamonds is continuing to demonstrate strong interest and demand for investment quality diamonds.

The full auction brought in a total of HKD $562,968,750 compared to HKD $618,655,250 last year, a 9% decline. The highest auction results for Christie’s in Hong Kong for the last 5 years occurred in 2015 when the sales broke all records at $116.6 million. Despite the fact that the total sale figure has decreased in the years since, the fact that the 5-year record happened so recently helps establish the fact that as long as there are goods that are worthy of investors’ attention, they will come and they will bid high.

The top lot sold that evening was the 8.01 carat Fancy Vivid Blue diamond with an Internally Flawless clarity from the jewelry house Moussaieff. It was estimated to sell between $18.5 million and $25 million, and it ultimately sold for $20.5 million or just under $2.56 million per carat. This single item represents 28.4% of the total sales that occurred at this auction.

The 8.01 carat Fancy Vivid Blue IF Moussaieff diamond          Image credit: Christie’s

 

Despite being an excellent price for Fancy Vivid Blue diamonds, this price was not a new world record for this Fancy Vivid Blue diamond sub category of 5-10 carats in size. The record is still held by the 9.75 carat Fancy Vivid Blue pear shaped “Zoe” diamond, which sold in New York for $3.348 million per carat.

The 9.75 Fancy Vivid Blue diamond          Image credit: Sotheby’s

 

The unique Boghossian bracelet at the auction was estimated to sell between $2 million and $3.2 million, and ended up selling for $4.474 million, over twice the minimum valuation given by Christie’s and almost 40% higher than the high valuation. This sale represents a significant 6.2% of total sales this auction. Here, the bidders saw the value in the diamonds as art as well as decoration, as the diamonds were set in an intricate design, which is not often done with fancy color diamonds, and which ultimately brings more value to the finished piece.

The fancy color diamond Boghossian bracelet          Image credit: Christie’s

 

The 2.35 carat Fancy Intense Blue IF diamond was estimated to sell for $1.25 million to $1.9 million and ended up selling for $1,935,897 or $823.8k per carat. The price reinforces a continuing trend from the New York auctions in April where Fancy Intense Blue diamonds have shown a strong price stability. This sale represents 2.68% of sales this auction.

The 2.35 carat Fancy Intense Blue IF diamond          Image credit: Christie’s

 

The Moi et Toi ring featuring a 2.24 carat Fancy Purplish Pink heart shaped diamond and a 1.95 carat Fancy Blue heart shaped diamond was estimated to sell at between $700k to $1 million. It ended up selling for $859k in total.

 


The 2.24 carat Fancy Purplish Pink heart shaped diamond and 1.95 carat Fancy Blue heart shaped diamond ring

Image credit: Christie’s

 

Another Moi et Toi ring with a 1.07 carat Fancy Intense Blue VS2 diamond and a 0.81 carat colorless diamond was estimated to sell for $150k to $230k total. Since this was quite a low estimation for such a blue diamond, it is no surprise that this ring sold for $551.3k total.

The 1.07 carat Fancy Intense Blue VS2 diamond and 0.81 carat colorless diamond ring          Image credit: Christie’s

 

An exceptional Paraiba tourmaline pair of earrings weighing about 7.46 carats and 6.81 carats had been estimated to sell for $1.6 million to $2.3 million but ended up selling for $2.78 million in total. These are rare and exceptionally unique in the fact that they are a pair. The rarest Paraiba tourmalines are originally from Paraiba, Brazil, although another mine in Mozambique has also been extracting Paraiba tourmalines as well. Today, there is no supply of Paraiba, and regardless of whether it comes from Brazil or Mozambique, both are now considered rare, although Brazil Paraiba is roughly twice the value of that from Mozambique. This Paraiba pair had indication of heat.

The 7.46 carat and 6.81 carat Paraiba tourmaline earrings          Image credit: Christie’s

 

Another Paraiba tourmaline was sold at the auction. This one was only 1.35 carats in size, but it also originates from Brazil. It was estimated to sell for between $60k to 80k total but ended up selling for $88k. This one was not heated.

The 1.35 carat Paraiba tourmaline ring          Image credit: Christie’s

 

Although there is still another Christie’s auction in New York later this month, we found nothing of real interest to diamond investors to report. Therefore, this auction concludes the first half of the year’s in auction season for both Sotheby’s and Christie’s. Even though the auction season is over, this does not mean that investing in diamonds takes a break. Rather, just the people that focus on price activity on fancy color diamonds at auction will notice a pause in activity that will resume in the Fall. All of the other forms of fancy color diamond investment, and all the usual formats of buying, selling and trading investment diamonds, continue throughout the year at full speed.

Leave a Reply

Christie’s Hong Kong Auction Sold The Moussaieff Fancy Vivid Blue Diamond

Following its big diamond jewelry auction in Geneva, Christie’s auction house in Hong Kong successfully sold the Moussaieff Fancy Vivid Blue diamond at its Magnificent Jewels auction, among other magnificent jewels that went under the hammer. The Asian market for fancy color diamonds is continuing to demonstrate strong interest and demand for investment quality diamonds.

The full auction brought in a total of HKD $562,968,750 compared to HKD $618,655,250 last year, a 9% decline. The highest auction results for Christie’s in Hong Kong for the last 5 years occurred in 2015 when the sales broke all records at $116.6 million. Despite the fact that the total sale figure has decreased in the years since, the fact that the 5-year record happened so recently helps establish the fact that as long as there are goods that are worthy of investors’ attention, they will come and they will bid high.

The top lot sold that evening was the 8.01 carat Fancy Vivid Blue diamond with an Internally Flawless clarity from the jewelry house Moussaieff. It was estimated to sell between $18.5 million and $25 million, and it ultimately sold for $20.5 million or just under $2.56 million per carat. This single item represents 28.4% of the total sales that occurred at this auction.

The 8.01 carat Fancy Vivid Blue IF Moussaieff diamond          Image credit: Christie’s

 

Despite being an excellent price for Fancy Vivid Blue diamonds, this price was not a new world record for this Fancy Vivid Blue diamond sub category of 5-10 carats in size. The record is still held by the 9.75 carat Fancy Vivid Blue pear shaped “Zoe” diamond, which sold in New York for $3.348 million per carat.

The 9.75 Fancy Vivid Blue diamond          Image credit: Sotheby’s

 

The unique Boghossian bracelet at the auction was estimated to sell between $2 million and $3.2 million, and ended up selling for $4.474 million, over twice the minimum valuation given by Christie’s and almost 40% higher than the high valuation. This sale represents a significant 6.2% of total sales this auction. Here, the bidders saw the value in the diamonds as art as well as decoration, as the diamonds were set in an intricate design, which is not often done with fancy color diamonds, and which ultimately brings more value to the finished piece.

The fancy color diamond Boghossian bracelet          Image credit: Christie’s

 

The 2.35 carat Fancy Intense Blue IF diamond was estimated to sell for $1.25 million to $1.9 million and ended up selling for $1,935,897 or $823.8k per carat. The price reinforces a continuing trend from the New York auctions in April where Fancy Intense Blue diamonds have shown a strong price stability. This sale represents 2.68% of sales this auction.

The 2.35 carat Fancy Intense Blue IF diamond          Image credit: Christie’s

 

The Moi et Toi ring featuring a 2.24 carat Fancy Purplish Pink heart shaped diamond and a 1.95 carat Fancy Blue heart shaped diamond was estimated to sell at between $700k to $1 million. It ended up selling for $859k in total.

 


The 2.24 carat Fancy Purplish Pink heart shaped diamond and 1.95 carat Fancy Blue heart shaped diamond ring

Image credit: Christie’s

 

Another Moi et Toi ring with a 1.07 carat Fancy Intense Blue VS2 diamond and a 0.81 carat colorless diamond was estimated to sell for $150k to $230k total. Since this was quite a low estimation for such a blue diamond, it is no surprise that this ring sold for $551.3k total.

The 1.07 carat Fancy Intense Blue VS2 diamond and 0.81 carat colorless diamond ring          Image credit: Christie’s

 

An exceptional Paraiba tourmaline pair of earrings weighing about 7.46 carats and 6.81 carats had been estimated to sell for $1.6 million to $2.3 million but ended up selling for $2.78 million in total. These are rare and exceptionally unique in the fact that they are a pair. The rarest Paraiba tourmalines are originally from Paraiba, Brazil, although another mine in Mozambique has also been extracting Paraiba tourmalines as well. Today, there is no supply of Paraiba, and regardless of whether it comes from Brazil or Mozambique, both are now considered rare, although Brazil Paraiba is roughly twice the value of that from Mozambique. This Paraiba pair had indication of heat.

The 7.46 carat and 6.81 carat Paraiba tourmaline earrings          Image credit: Christie’s

 

Another Paraiba tourmaline was sold at the auction. This one was only 1.35 carats in size, but it also originates from Brazil. It was estimated to sell for between $60k to 80k total but ended up selling for $88k. This one was not heated.

The 1.35 carat Paraiba tourmaline ring          Image credit: Christie’s

 

Although there is still another Christie’s auction in New York later this month, we found nothing of real interest to diamond investors to report. Therefore, this auction concludes the first half of the year’s in auction season for both Sotheby’s and Christie’s. Even though the auction season is over, this does not mean that investing in diamonds takes a break. Rather, just the people that focus on price activity on fancy color diamonds at auction will notice a pause in activity that will resume in the Fall. All of the other forms of fancy color diamond investment, and all the usual formats of buying, selling and trading investment diamonds, continue throughout the year at full speed.

Leave a Reply

Christie’s Hong Kong Auction Sold The Moussaieff Fancy Vivid Blue Diamond

Following its big diamond jewelry auction in Geneva, Christie’s auction house in Hong Kong successfully sold the Moussaieff Fancy Vivid Blue diamond at its Magnificent Jewels auction, among other magnificent jewels that went under the hammer. The Asian market for fancy color diamonds is continuing to demonstrate strong interest and demand for investment quality diamonds.

The full auction brought in a total of HKD $562,968,750 compared to HKD $618,655,250 last year, a 9% decline. The highest auction results for Christie’s in Hong Kong for the last 5 years occurred in 2015 when the sales broke all records at $116.6 million. Despite the fact that the total sale figure has decreased in the years since, the fact that the 5-year record happened so recently helps establish the fact that as long as there are goods that are worthy of investors’ attention, they will come and they will bid high.

The top lot sold that evening was the 8.01 carat Fancy Vivid Blue diamond with an Internally Flawless clarity from the jewelry house Moussaieff. It was estimated to sell between $18.5 million and $25 million, and it ultimately sold for $20.5 million or just under $2.56 million per carat. This single item represents 28.4% of the total sales that occurred at this auction.

The 8.01 carat Fancy Vivid Blue IF Moussaieff diamond          Image credit: Christie’s

 

Despite being an excellent price for Fancy Vivid Blue diamonds, this price was not a new world record for this Fancy Vivid Blue diamond sub category of 5-10 carats in size. The record is still held by the 9.75 carat Fancy Vivid Blue pear shaped “Zoe” diamond, which sold in New York for $3.348 million per carat.

The 9.75 Fancy Vivid Blue diamond          Image credit: Sotheby’s

 

The unique Boghossian bracelet at the auction was estimated to sell between $2 million and $3.2 million, and ended up selling for $4.474 million, over twice the minimum valuation given by Christie’s and almost 40% higher than the high valuation. This sale represents a significant 6.2% of total sales this auction. Here, the bidders saw the value in the diamonds as art as well as decoration, as the diamonds were set in an intricate design, which is not often done with fancy color diamonds, and which ultimately brings more value to the finished piece.

The fancy color diamond Boghossian bracelet          Image credit: Christie’s

 

The 2.35 carat Fancy Intense Blue IF diamond was estimated to sell for $1.25 million to $1.9 million and ended up selling for $1,935,897 or $823.8k per carat. The price reinforces a continuing trend from the New York auctions in April where Fancy Intense Blue diamonds have shown a strong price stability. This sale represents 2.68% of sales this auction.

The 2.35 carat Fancy Intense Blue IF diamond          Image credit: Christie’s

 

The Moi et Toi ring featuring a 2.24 carat Fancy Purplish Pink heart shaped diamond and a 1.95 carat Fancy Blue heart shaped diamond was estimated to sell at between $700k to $1 million. It ended up selling for $859k in total.

 


The 2.24 carat Fancy Purplish Pink heart shaped diamond and 1.95 carat Fancy Blue heart shaped diamond ring

Image credit: Christie’s

 

Another Moi et Toi ring with a 1.07 carat Fancy Intense Blue VS2 diamond and a 0.81 carat colorless diamond was estimated to sell for $150k to $230k total. Since this was quite a low estimation for such a blue diamond, it is no surprise that this ring sold for $551.3k total.

The 1.07 carat Fancy Intense Blue VS2 diamond and 0.81 carat colorless diamond ring          Image credit: Christie’s

 

An exceptional Paraiba tourmaline pair of earrings weighing about 7.46 carats and 6.81 carats had been estimated to sell for $1.6 million to $2.3 million but ended up selling for $2.78 million in total. These are rare and exceptionally unique in the fact that they are a pair. The rarest Paraiba tourmalines are originally from Paraiba, Brazil, although another mine in Mozambique has also been extracting Paraiba tourmalines as well. Today, there is no supply of Paraiba, and regardless of whether it comes from Brazil or Mozambique, both are now considered rare, although Brazil Paraiba is roughly twice the value of that from Mozambique. This Paraiba pair had indication of heat.

The 7.46 carat and 6.81 carat Paraiba tourmaline earrings          Image credit: Christie’s

 

Another Paraiba tourmaline was sold at the auction. This one was only 1.35 carats in size, but it also originates from Brazil. It was estimated to sell for between $60k to 80k total but ended up selling for $88k. This one was not heated.

The 1.35 carat Paraiba tourmaline ring          Image credit: Christie’s

 

Although there is still another Christie’s auction in New York later this month, we found nothing of real interest to diamond investors to report. Therefore, this auction concludes the first half of the year’s in auction season for both Sotheby’s and Christie’s. Even though the auction season is over, this does not mean that investing in diamonds takes a break. Rather, just the people that focus on price activity on fancy color diamonds at auction will notice a pause in activity that will resume in the Fall. All of the other forms of fancy color diamond investment, and all the usual formats of buying, selling and trading investment diamonds, continue throughout the year at full speed.

Leave a Reply


To Top