Pigeon's Blood Ruby and Diamond Necklace is the Crown Jewel at Bonhams Hong Kong Jewellery Sale

Sale total: HK$54million

A Canadian philanthropist's collection of Tiffany & Co. jewellery, including jewellery by designer Jean Schlumberger realises more than HK$8million with 90% sold

Top lot of the sale:

A 50.24-carat "Pigeon's Blood" ruby and diamond necklace, sold for HK$9.8million

Click here for full results of the sale

Commenting on the 26 November sale of Hong Kong Jewels and Jadeite, Bonhams Director of Jewellery and Head of Jewellery Department Asia Stewart Young said: "We are pleased with today's result, which totals HK$54million. The bidding was robust across genres, but especially for items that are rare in the market, such as our top lot – a 50.24-carat ruby and diamond necklace boasting the prestigious 'pigeon's blood' colour with exceptional clarity, a fancy red diamond ring, and a private collection of Tiffany & Co. jewellery from a Canadian philanthropist, in which many lots sold for multiples of their estimates. With strong results in both traditional live sales and online sales, our auction total achieved in 2022 thus far has marked Bonhams' four-year high for jewellery in Asia, which gives us confidence going into 2023."

Please contact [email protected] for any jewellery market stories or to arrange interviews with Stewart.

The sale was strong across all genres, with the top ten lots comprising a variety of ruby, jadeite, designer jewellery and coloured diamond. The sale was strong across all genres, with the top ten lots comprising a variety of ruby, jadeite, designer jewellery and coloured diamond. Other notable highlights include:

• Jadeite, Ruby and Diamond Necklace. Sold for HK$5.5million. Lot 635.

• Carvin French: Pair of Fancy Intense Yellow Diamond and Coloured Diamond Earclips. Sold for HK$3.1million, eclipsing estimate. Lot 693.

• A Rare Fancy Red Diamond and Diamond Ring. Sold for HK$2.9million, eclipsing estimate. Lot 645.

• Many pieces from the Canadian philanthropist's private collection of Tiffany & Co. jewellery exceeded expectations:

o A Tiffany & Co.: Diamond and Coloured Diamond "Soleste" Ring. Sold for HK$3.5million. Lot 623.

o Schlumberger for Tiffany & Co.: Gold, Platinum and Diamond "Tulip" Necklace. Sold for HK$2million, exceeding high estimate. Lot 621.

o Schlumberger for Tiffany & Co.: Pair of Gold, Platinum and Diamond "Tulip" Earclips. Sold for HK$532,200, over six times the estimate. Lot 620.

o Schlumberger for Tiffany & Co.: Peridot, Amethyst and Diamond "Seahorse" Brooch. Sold for HK$418,800, over three times the estimate. Lot 617.

o Schlumberger for Tiffany & Co.: Citrine, Gem-Set and Diamond "Bird On A Rock" Brooch. Sold for HK$355,800, tripling the estimate. Lot 614.

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