Sotheby\u2019s 40<\/span>^{th<\/sup> Anniversary in Hong Kong continued today with the auction of <\/span>Magnificent Jewels and Jadeite Sale,<\/u> which concluded with stunning results. <\/span><\/span>

<\/span><\/span><\/p>\n}

The 118.28-carat Oval D-Colour Flawless Diamond fetched HK$238.68 million \/ US$30.6 million (Est. HK$220 \u2013 280 million \/ US$28 \u2013 35 million) and set <\/span>World Record for any White Diamond at Auction<\/i> in addition to being the <\/span>Largest White Diamond Ever Sold at Auction<\/i>. The sale total of HK$744,693,750 \/ US$95,473,557 (total estimate in excess of HK$900 million \/ US$110 million) set the <\/span>Highest Ever Total for a Jewellery Sale in Asia<\/i>. <\/span><\/span>

<\/span><\/span>
Quek Chin Yeow, Deputy Chairman, Asia and Chairman, International <\/span><\/span>Jewellery, Asia, said after the sale, \u201cWe are thrilled to achieve a new world record for a white diamond at auction <\/span>when a 118.28-carat D-Flawless diamond sold for of HK$238.68 million \/ US$30.06 million. We are also extremely <\/span><\/span>happy to achieve the highest total for a sale of jewellery in Asia at HK$744,693,750 \/ US$95,473,557, a befitting <\/span>occasion for Sotheby\u2019s 40th anniversary in Asia. <\/span>

<\/span>The top two jadeite lots were highly contested for by several Asian <\/span>collectors, resulting in excellent prices, particularly the double-strand jadeite bead necklace which sold for HK$42.68 <\/span>million \/ US$5,471,795. Overall the auction was very well attended with many bidders on the phone from all over <\/span>Asia and beyond.\u201d<\/span>

<\/span><\/p>\n

<\/a><\/div>\n

<\/span>
<\/span>
<\/span><\/p>\n
<\/a><\/div>\n
Sotheby\u2019s has been uniting collectors with world-class works of art since 1744. Sotheby\u2019s became the first international <\/span><\/span>auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973) <\/span>and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby\u2019s presents <\/span>auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby\u2019s BIDnow <\/span>program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby\u2019s offers <\/span>collectors the resources of Sotheby\u2019s Financial Services, the world\u2019s only full-service art financing company, as well as <\/span>private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby’s Contemporary Art <\/span>department, and two retail businesses, Sotheby\u2019s Diamonds and Sotheby\u2019s Wine. Sotheby\u2019s has a global network of 90 <\/span>offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).<\/span>
Website – <\/span>www.sothebys.com or through Sotheby\u2019s Catalogue iPad App<\/span><\/span>

<\/span><\/span>
<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"
Sotheby’s 40<\/span>^{th<\/sup> Anniversary in Hong Kong continued today with the auction of <\/span>Magnificent Jewels and Jadeite Sale,<\/u> which concluded with stunning results. <\/span><\/span>

<\/span><\/span><\/p>\n}
<\/a><\/div>\n
The 118.28-carat Oval D-Colour Flawless Diamond fetched HK$238.68 million \/ US$30.6 million (Est. HK$220 – 280 million \/ US$28 – 35 million) and set <\/span>World Record for any White Diamond at Auction<\/i> in addition to being the <\/span>Largest White Diamond Ever Sold at Auction<\/i>. The sale total of HK$744,693,750 \/ US$95,473,557 (total estimate in excess of HK$900 million \/ US$110 million) set the <\/span>Highest Ever Total for a Jewellery Sale in Asia<\/i>. <\/span><\/span>

<\/span><\/span>
Quek Chin Yeow, Deputy Chairman, Asia and Chairman, International <\/span><\/span>Jewellery, Asia, said after the sale, “We are thrilled to achieve a new world record for a white diamond at auction <\/span>when a 118.28-carat D-Flawless diamond sold for of HK$238.68 million \/ US$30.06 million. We are also extremely <\/span><\/span>happy to achieve the highest total for a sale of jewellery in Asia at HK$744,693,750 \/ US$95,473,557, a befitting <\/span>occasion for Sotheby’s 40th anniversary in Asia. <\/span>

<\/span>The top two jadeite lots were highly contested for by several Asian <\/span>collectors, resulting in excellent prices, particularly the double-strand jadeite bead necklace which sold for HK$42.68 <\/span>million \/ US$5,471,795. Overall the auction was very well attended with many bidders on the phone from all over <\/span>Asia and beyond.”<\/span>

<\/span><\/p>\n
<\/a><\/div>\n

<\/span>
<\/span>
<\/span><\/p>\n
<\/a><\/div>\n
Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international <\/span><\/span>auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973) <\/span>and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents <\/span>auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby’s BIDnow <\/span>program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby’s offers <\/span>collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as <\/span>private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby’s Contemporary Art <\/span>department, and two retail businesses, Sotheby’s Diamonds and Sotheby’s Wine. Sotheby’s has a global network of 90 <\/span>offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).<\/span>
Website – <\/span>www.sothebys.com or through Sotheby’s Catalogue iPad App<\/span><\/span>

<\/span><\/span>
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