Jadeite Necklace Nets over $9M at Christie's

RAPAPORT... A jadeite bead and spinel necklace was the top lot atChristie's Hong Kong sale Tuesday, fetching HKD 73.6 million ($9.4 million). The necklace is named the Heavenly Harmony because its 68jadeite beads are perfectly matched from two different roughstones. It was estimated at $7 million to $11 million at the Magnificent Jewelsauction. The entire sale brought in HKD 396.5 million ($50.6 million). Another prominent lot was a ring by Moussaieff featuring a squareemerald-cut, 3.24-carat, fancy-vivid-blue, internally flawless center stonesurrounded by pink diamonds. The piece garnered HKD 53.7 million ($6.9 million)against a high estimate of $7.5 million. A pair of earrings featuring two pear-shaped, D-color,internally flawless, type IIa diamonds, weighing 17.62 and 17.01 carats, soldfor HKD 31.3 million ($4 million), beating its high estimate of $3.8 million,while a Harry Winston jewel fetched just over its low estimate. The roundbrilliant-cut, 18.50-carat, D-color, internally flawless diamond necklace wentfor HKD 19.6 million ($2.5 million) against a presale low estimate of HKD 19.5million ($2.5 million). Other notable items included a natural-pearl, pink-diamondand white-diamond jewelry set by Cartier. The collection, which containsearrings, a necklace, a ring and a bracelet, brought in HKD 10.9 million ($1.4million), at the upper end of its HKD 8 million to HKD 12 million ($1 millionto $1.5 million) estimate. Meanwhile, a pear modified brilliant-cut,2.76-carat, fancy-intense-purple-pink diamond ring, flanked by pear-shapeddiamonds, went for HKD 9.6 million ($1.2 million), against a low estimate ofHKD 9.5 million ($1.2 million). Image: The Heavenly Harmony jadeite bead necklace. (Christie's)