Wednesday, November 28, 2012

'Pigeon's Blood' Ruby Necklace and Earrings Highlight Christie's Auction

A suite of "Pigeon's Blood" ruby jewelry crafted by world-renowned designer James W. Currens highlighted Christie's Magnificent Jewels sale in Hong Kong yesterday. Currens' elegant "Red Scarlet" ruby-and-diamond necklace sold for $5.1 million, and the designer's "Red Butterfly" ruby-and-diamond earrings fetched a cool $3.1 million.

The "Red Scarlet" necklace that Currens designed for Faidee features 26 graduated oval Burmese “Pigeon’s Blood” rubies ranging from 1.27 to 5.38 carats, each surrounded by a cluster of marquise and pear-shaped diamonds. The gems are mounted in platinum and 18-karat gold. The pre-sale estimate for the piece was $3.6 million to $5.7 million.

Named "Red Butterflies" due to their unique butterfly shape, Currens' platinum and 18-karat gold earrings are each made up of six gemstones – two oval-shape rubies weighing between 2.03 and 5.05 carats, and four marquise-cut diamonds weighing between 1.01 and 2.59 carats. The pre-sale estimate for these earrings was $2.3 million to $3.6 million.

The Currens pieces were the last of 304 lots auctioned at Christie's autumn 2012 sale, which yielded $74 million. The Christie's auction completed an eight-day marathon of high-profile sales held by seven Hong Kong auction houses. Yesterday, we reported on a record-breaking Sri Lankan sapphire sold at Bonhams Hong Kong on Day 4 of the marathon.



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