Tiancheng International’s jewellery and fei cui autumn auction dated 3 December 2017 fetched a total of HK$221.5 million (US$28.4 million) and set a world auction record for Mozambican ruby jewellery.
The world record was made by a pair of earrings featuring a 14.54- and a 13.12-carat Mozambican ‘pigeon’s blood’ rubies, pink diamonds and diamonds which was sold for HK$48 million. The top lot of the sale that achieved HK$67.8 million went to ‘The Red Romance’ diamond necklace set with 139.14 carats of natural unheated Burmese Mogok rubies.
‘Golden Tiger Eyes’, a pair of 5.02- and 5.01-carat natural fancy vivid yellow excellent polish and symmetry diamonds from a Zimmi mine was sold for HK$17.4 million.
Almost 90 percent of the fei cui pieces were sold including a 49-bead fei cui and diamond necklace which fetched HK$16.2 million.
Wang Jie, managing director of Tiancheng International, and Stewart Young, director of jewellery department, said: “We are very delighted with the excellent results today. The fierce biddings and strong prices achieved are a testament of our thoughtfully curated sale. The top two ruby lots that achieved spectacular prices demonstrate the demand of rare coloured gemstones. Last but not least, we would like to express our heartfelt gratitude to collectors all over the world. Tiancheng International will assuredly continue to showcase quality treasures and present another extraordinary feast of jewels next year.” (Photo courtesy: Tiancheng International)
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