A 10.25-carat unheated Burmese ruby ring
A 4.07-carat natural fancy purplish pink diamond ring of VS2 clarity grade
A rare 10.25-carat unheated Burmese ruby ring is the star of Tiancheng International’s Jewellery and Jadeite Spring Auction 2020 scheduled for July 7.
The sale will present a vast selection of natural coloured gemstones, diamonds and jadeite pieces.
Connie Huang, head of Tiancheng International’s Jewellery Department, remarked, “With the Covid-19 pandemic still affecting all spheres of life, we have handpicked a more refined selection of gemstones and opulent jadeite, alongside a variety of branded jewels, designer pieces and exquisite watches. Tiancheng International hopes to offer a dazzling spectacular for our discerning clients as Covid-19 is showing signs of subsidence in Asia.”
The top lot, a ring adorned with a natural Pigeon’s Blood ruby centre gem from the Mogok mine, is estimated to fetch between HK$25 million and HK$35 million (around US$3.2 million and US$4.48 million).
According to the auction house, high-quality Burmese rubies have become increasingly rare in recent years due to depleting resources. Those weighing 5 carats or above and with the Pigeon’s Blood colour are even scarcer.
The ring is surrounded by 16 pear-shaped white diamonds, totalling 8.33 carats.
Other highlights of the sale are a 4.07-carat natural fancy purplish pink diamond ring of VS2 clarity grade with a pre-sale estimate of HK$10.5 million to HK$15 million (around US$1.34 million to US$1.92 million); and a jadeite and diamond pendant with matching earrings, which could sell for HK$5 million to HK$7.5 million (around US$640,000 to US$962,000).