Unheated Kashmir sapphire and diamond necklace, with sapphires of 52.50 carats
All images courtesy of Phillips

Ring with a 21.20-carat unheated Padparadscha sapphire from Sri Lanka

A pair of no-oil Colombian (Muzo) emeralds of 14.59 and 12.54 carats respectively with diamonds signed Harry Winston

Exceptional sapphire jewellery pieces are expected to command attention at Phillip’s 2018 Spring Sale of Jewels and Jadeite scheduled for May 28 in Hong Kong.

Featuring 156 lots, the auction’s highlight is a “very rare and important” unheated Kashmir sapphire and diamond necklace, with the sapphires weighing 52.50 carats in total. The piece is estimated to fetch HK$17 million to HK$23 million (around US$2.16 million to US$2.92 million).

Another star of the sale is a 21.20-carat unheated Sri Lankan Padparadscha sapphire and diamond ring. The ring is valued at HK$6.3 to HK$7.3 million (around US$802,471 to US$929,847).

An equally enchanting offer is a pair of no-oil Colombian (Muzo) emeralds of 14.59 and 12.54 carats respectively by Harry Winston, which also features 23.84 carats of diamonds. It has a pre-sale estimate of HK$13.8 million to HK$17 million (around US$1.76 million to US$2.16 million).

The sale, which is expected to raise more than HK$170 million (around US$21.6 million), will also auction off a broad array of gemstones, signed vintage and period jewellery, and “important” diamonds and jadeites. 

Terry Chu, head of Jewellery at Phillips Asia, said, “We are very proud to be entrusted to present a very rare and important Kashmir sapphire and diamond necklace – the first to be offered at auction in the past decade, complemented by a very fine 13.13-carat Burmese ‘Royal Blue’ sapphire and diamond ring by Harry Winston.”