A rare blue diamond ring will lead Sotheby’s Magnificent Jewels & Jadeite auction in Hong Kong on Tuesday, estimated at $7 million (HKD 55 million) to $9.6 million.
The pear-shaped, 5.14-carat, fancy deep blue, SI1-clarity diamond, is mounted on an 18-carat white gold ring, Sotheby’s said. The pre-sale estimate translates to a price of up to $1.9 million per carat.
The sale on October 3 will also include a set of earrings, each featuring a pear-shaped fancy pink diamond — one weighing 5.21 carats and internally flawless, the other 5.01 carats with VS1 clarity. The pair carries an estimated price tag of $3.8 million to $5.1 million.
Meanwhile, a 13.26-carat ruby and diamond ring, designed and mounted by Bhagat, will go under the hammer with an estimated price of $8.7 million to $11.3 million.
The auction will also feature a Cartier “tutti-frutti” bracelet estimated at $1.3 million to $1.8 million.