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Christie's hits record in Hong Kong

Largest diamond auctioned in Asia goes for $6.2 million

May 28, 2008

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Hong Kong—Christie's Hong Kong auction reeled in a record $60.1 million and was the largest jewelry sale ever organized by Christie's worldwide, the auction house said.

The top lot of the day was a 101.27-carat, F-color, VVS1-clarity diamond, which was the largest diamond ever sold at auction in Asia. A private collector snapped it up for $6.2 million.

Other records included the following:

—A 16.04-carat, D-color, VVS2-clarity, circular-cut diamond that sold to an Asian private collector for $3,341,809 and set a world record price-per-carat record for a colorless diamond.

—A square-shaped fancy-green diamond of 10.36 carats that fetched $3,485,281 and set a world record price for a green diamond sold at auction.

—Finally, a pair of Romanov emeralds, which sold to an Asian private collector for $2,409,241, set a price-per-carat record for emeralds sold at auction.

Also of note is that nine of the top 10 lots sold for more than $2 million a pop, an unprecedented event in the jewelry auction world, according to Christie's.
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