Diamonds for Hong Kong

[Pierre Tavlitzki]

Two categories of diamonds get very high prices: those very large, and those with rare colors. In both cases, they must be flawless.

The history of sales of Sotheby's Hong Kong shows an interesting variety of important diamonds.

I have already talked about this blue diamond of 6 carats regarded as perfect, sold 62 MHK$ on October 8, 2007. On 9 April 2006, a pink diamond of 10 carats got 48 MHK$.

On 10 April 2008, a pear shaped diamond Finest White Flawless of 72 carats had been considered too expensive at 75 MHK$, and was unsold. It was less lucky than the diamond exactly adjusted to 88.88 carats by a jeweller knowing perfectly the Chinese habits, which was bought 47 MHK$ on 1 November 2004.

Prices above include premium.

The yellow diamonds are not the most rare, but the piece that is now offered by Sotheby's, in its sale of October 7, weighing 102 carats, is undoubtedly the largest yellow diamond ever happened to be auctioned. It is placed on a nice flower pendant in diamonds adorning a necklace, that can be detached to be used as a brooch. The color of this diamond, which had to be extracted and polished from a 300-carat gem, is very saturated.

For 58 MHK$, what is to be said, given the figures mentioned above? Per carat, if the diamond is flawless, it is roughly the same price as the second white diamond that I reminded above.

[Pierre Tavlitzki]

The yellow diamonds are not the most wanted, and this one was too big and too expensive. It has not been sold.