Sotheby’s to Sell Rare 5ct. Blue Diamond

Entertainment News

Picture of Sotheby’s to Sell Rare 5ct. Blue Diamond

An engagement ring with a 5-carat, fancy-vivid-blue diamond center stone and white diamonds will headline Sotheby’s Magnificent Jewels and Jadeite fall sale in Hong Kong.

The Ai diamond, named after the Chinese word for love, is estimated at $12.5 million to $15.3 million, the auction house said last week.

Several pieces by designer Wallace Chan will also go under the hammer, including a pair of conch pearl, gem and diamond pendant earrings, valued at $281,000 to $408,000; a tanzanite, chalcedony and diamond ring, estimated at between $128,000 and $230,000; and gem-set, jade-and-diamond pendant earrings carrying a presale estimate of $70,500 to $109,000.

Other notable items include two jadeite bangles with a high estimate of $895,000, and a pair of fancy-vivid-yellow-diamond and white-diamond earrings valued at $4.9 million to $6.1 million. Designs by Bulgari, Van Cleef & Arpels and David Morris will feature in the sale as well.

Sotheby’s will preview the jewels from September 28 to October 2, followed by the auction on October 3 at the Hong Kong Convention and Exhibition Centre.