as Asians Boost Record Auction

A 6.43-carat pink diamond set in a Van Cleef & Arpels ring sold for HK$60 million ($7.7 million) in a record Hong Kong jewelry auction for Sotheby’s as wealthy Asian buyers splurged on gems, pearls and jade.

The ring, with a presale Günstig True Religion Jeans Kaufen Jeans Outlet Online high estimate of HK$55 million before commission, was one of 390 lots including a pair of matched, unset 10.88-carat round white diamonds and a diamond- encrusted butterfly brooch that once belonged to Princess Mary, daughter of Britain’s King George V.The HK$423 million sale was part of New York-based Sotheby’s autumn week of auctions in Hong Kong that Günstig True Religion Jeans Kaufen help to indicate to collectors and dealers the strength of demand for luxury goods in Asia. Of the jewelry lots, 302, or 77 percent sold.

The 19th-century butterfly brooch, from the collection of the late Countess of Harewood, contains almost 47 carats total weight in diamonds and sold for HK$1.82 million, against a high estimate of HK$1.2 million. The flawless matched diamonds set a per-carat record for similar round stones, fetching HK$37.6 million.In the morning session, Sotheby’s sold HK$55.7 million of watches, its highest total for the category, as Asian and European collectors vied for timepieces by Greubel Forsey, Richard Mille, Audemars Piguet and Patek Philippe.

The most expensive was a Greubel Forsey platinum double tourbillon wristwatch with a mother-of-pearl dial, which sold for HK$2.54 million, close to its top estimate.Jeans Outlet Online

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