AN EXCEPTIONALLY RARE “FLAWLESS COLLECTION OF HEARTS AND ARROWS DIAMONDS” UNVEILED AT BONHAMS HONG KONG Our Coverage Sponsored by Stribling and Associates
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Bonhams Hong Kong is pleased to present “A Flawless Collection of Hearts and Arrows Diamonds” at its upcoming Jewellery and Jadeite Auction on 26th November 2014 at Bonhams Hong Kong Gallery, located at Suite 2001 in One Pacific Place, Admiralty.
This exceptionally rare collection of 16 D colour, Flawless, Internally Flawless brilliant-cut diamonds graduate in size from 1.16 carats to 4.49 carats and weighing a total of 39.98 carats. Perfectly matched in colour and clarity, the diamonds are also of Excellent Cut,Symmetry, and Polish (referred to as triple Ex) and most are type IIa. Only a tiny percentage of diamonds are D colour (the best) and Flawless or Internally Flawless clarity (the best) and less than 1% of the world’s diamonds are cut to hearts and arrows precision.
The exquisite collection of diamonds offered at the Bonhams Fine Jewellery and Jadeite sale is estimated to achieve between HK $17,500,000 to 19,800,000 (approximately GBP £1,435,000 to 1,625,000).
Graeme Thompson, Director of Jewellery for Bonhams Asia, comments: "We are delighted to have the opportunity to bring this magnificent collection of hearts and arrows diamonds to Hong Kong. As far as I know, only three similar collections of diamonds have been offered at auction worldwide in the past 7-10 years, so this is a chance not to be missed by all diamond buyers and collectors.”
He adds: “As a result of fast growing international demand, particularly in Asia, the average price of D colour and Internally Flawless diamonds has increased by approximately 155% in the past 10 years and we see no reason why this trend will change.”
The 16 diamonds were gradually collected over the years by an Asian private client in the hope that he would one day create a beautiful necklace for his beloved wife. The owner has since left the task to someone who will be able to succeed the dream, in order to focus on his philanthropic endeavors.
Hearts and Arrows in diamonds refer to the symmetrical light pattern resulting from precise cutting in a round diamond. Perfectly formed arrows can be seen when viewing through its crown and hearts when looking through its pavilion.
A 1 carat Flawless diamond will typically represent a rarity value of ten million to one. Rarity of these much sought after diamonds increases exponentially with size.
Other highlights of the Bonhams Hong Kong Jewellery and Jadeite Auction include:
A MAGNIFICENT CEYLON SAPPHIRE AND DIAMOND NECKLACE AND EARRING 'AMELIA' SUITE, BY MARINA B
HK$3,900,000-5,000,000
A MAGNIFICENT 10.54 CARAT BURMESE RUBY AND DIAMOND ‘GEORGINA’ RING, BY MARINA B
HK$3,100,000-4,500,000
A FINE JADEITE AND DIAMOND BEAD NECKLACE
HK$13,800,000-15,800,000
A MAGNIFICENT 10.09 CARAT COLOMBIAN EMERALD AND DIAMOND CLUSTER RING
HK$5,000,000-6,000,000
AN IMPRESSIVE BURMESE RUBY AND DIAMOND NECKLACE, CIRCA 1960
HK$3,000,000-5,000,000
Bids can be placed online on Bonhams website www.bonhams.com, via telephone, and in writing and also in the saleroom on the day of the sale.
Follow Bonhams on Twitter @bonhams1793 and on Facebook:https://www.facebook.com/bonhams1793
Bonhams sells more jewellery lots each year than any other international house and has more dedicated jewellery auctions.
Bonhams
Bonhams, founded in 1793, is the world's third largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 27 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com.
