Jewels Set to Reach Dazzling Prices at Sotheby's Auction in
  • 13 years ago
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Dazzling jewels at dazzling prices in Hong Kong. A glittering array of jewels set to reach millions of dollars at auction next month were put on view on Monday in Hong Kong.

Sotheby's in Hong Kong is preparing for a jewelry sale they estimated to have a value of more than 60 million U.S. dollars.

The collection of diamonds, gemstones and jadeite were put on view on Monday.

One of the main draws in the collection is a pair of Harry Winston diamond pendent earrings, which Sotheby's estimate could reach a dazzling 4.8 million U.S. dollars.

Each earring consists of a pear-shaped diamond weighing over 14 carats hanging below another oval diamond.

[Terry Chu, Deputy Head, Sotheby's Jewelry Department]:
"This sale we also have quite a few high quality diamonds. And among all that there is a pair of Harry Winston Diamond Earrings. And for that Harry Winston Diamond Earrings, on the pendent, each suspending a pear-shaped diamond, they are both perfect D color internal flawless diamonds. And each weighing 14 carats."

Also in the collection is a 27.67 carat Burmese ruby which is expected to fetch up to 2.5 million U.S. dollars. Sotheby's said that the ruby "pigeon's blood" diamond comes from Burma's Mogok mines, a region it says is famous for the gem.

In a nod to Chinese culture, Sotheby's is also auctioning a jadeite bead necklace, which, with its clasp set with rubies, sapphires and diamonds, is anticipated to fetch bids of up to 4.5 million U.S. dollars.

The jewels will go on auction in Hong Kong on April 6.
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