Sotheby’s jewelry actionSotheby’s Magnificent Jewels and Jadeite Autumn Sale 2011
Like every season, Sotheby’s, world’s fourth oldest auction house has announced its Magnificent Jewels and Jadeite Autumn Sale 2011 that will be held on October 5, 2011 at Hall 3, Hong Kong Convention and Exhibition Centre.
Sotheby’s Hong Kong has a record of selling some magnificent pieces to the collectors. This time, the sale will be led by jewels from Golconda mines of India with some other beautiful and elegant jewelry pieces. The whole auction is expected to fetch more than $80 million.
Diamonds from Golconda:
The diamonds extracted from the old mine of Golconda were used by many ancient emperors of India. These diamonds are very rare and with the mine having ceased production, there are only handful of the legendary diamonds left today. These diamonds are known for their purity and translucency and hence their authenticity is guaranteed. The diamonds belong to the Type IIa quality that specifies the stones are completely nitrogen-free and hence are translucent.
Below are the major highlights of the auction:
Pear-Shaped Golconda Diamond Ring
Magnificent Jewels and Jadeite Autumn Sale 2011Pear shaped diamond ring
Estimated price: 6.5 Million
The Pear-Shaped Golconda Diamond Ring is expected to fetch 6.5 million at the auction and is among the finest diamonds which were appreciated and worn by the kings and royalty in ancient times. The dazzling 30.31-Karat D-color uncut diamond is certified by GIA to be of Excellent Polish and Symmetry. Golconda diamonds have less shine but thanks to the latest techniques, the diamonds have been rendered with elegant shine.
Golconda Pink Diamond ring
Magnificent Jewels and Jadeite Autumn Sale 2011Golconda Pink Diamond ring
Estimated price: $19 million
The dazzling pink diamond is also from Golconda mine and is one of the highest estimated pieces in the auction. The rare diamond weighs 9.27-Carat and was first revealed in India centuries ago.
Other highlights at the Sotheby’s Autumn Sale:
Gemstones:
Magnificent Jewels and Jadeite Autumn Sale 2011Gemstones
Other than diamonds, the Sotheby’s auction will also feature colorful gemstones as the range of gemstones received much applaud in the spring sale last year. The main attraction includes Burmese Ruby and Diamond Necklace that is expected to fetch around 1.5 million. The necklace weighs 66.47 carats and and is adorned with 27 natural unheated Burmese rubies.
Jadeite:
Magnificent Jewels and Jadeite Autumn Sale 2011Jadeite
For people who look for something different, Jadeite necklace will be an ideal piece. This elegant, green necklace consists of 19 modified glowing jadeite cabochons with excellent translucency studded with diamonds and emeralds and is expected to fetch 1.5 million. Magnificent Jewels and Jadeite Autumn Sale 2011 will feature around 359 lots with the total estimation of $85 million. As stated by Head of Jewellery Department, Sotheby’s Asia:
Sotheby’s Hong Kong will kick-start the international season of jewellery sales with its Autumn Sale of Magnificent Jewels. Following Spring’s strong showing – and the fact that the market in China and Asia for jewellery looks to remain strong – Sotheby’s is to offer some rarefied colored diamonds and several spectacular, large Internally Flawless diamonds.
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