A magnificent necklace featuring 38 jadeite beads emerged as the top performer at Poly Auction’s April 6 High Jewelry & Watches sale in Hong Kong, achieving a final price of HKD 14.4 million ($1.8 million). The exquisite piece is accentuated by a specialized clasp set with an oval-cut, 1.51-carat ruby and a series of multi-shaped diamonds. Despite its status as the event's leading lot, the final hammer price fell short of the initial luxury appraisal, which had estimated the necklace's value between HKD 20 million and HKD 30 million ($2.6 million to $3.8 million).
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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