Jadeite Bead Necklace Sells for $8.8m

By John Jeffay / May 30, 2022 / www.idexonline.com / Article Link

(IDEX Online) - A necklace of 33 exceptional jadeite beads sold for over $8.8m at Christie's Magnificent Jewels live auction in Hong Kong.

The beads (measuring approximately 15.0 to 12.3 mm) were set with an 11-carat cushion-cut Burmese ruby surrounded by oval-cut diamonds.

The piece (pictured) sold for $8,836,123 to a collector on the phone after "spirited competition".

Christie's said total sales at the event were $56.3m, with sell-through rates of 85 per cent by lot and 83 per cent by value.

"Our Hong Kong saleroom exhibited market vibrancy and strong buying momentum," said Vickie Sek, chairman of Christie's Asia Pacific jewelry department.

"We are delighted to have achieved strong prices across the diverse selection of fine jadeite, rare colored and colorless diamonds, as well as important colored gemstones."

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok