AUCTION NEWS

WORLD RECORD FOR VIVID PINK DIAMOND

An extremely rare 15.38 carat pear-shaped pink diamond called the 'Unique Pink' sold for CHF 30,826,000 at the Sotheby's sale of Magnificent Jewels and Noble Jewels in Geneva making it the most expensive fancy vivid pink diamond ever to sell at auction. The spectacular diamond, set in a simple ring, sold to an Asian private buyer who bid for the rare gem over the telephone. A Sotheby’s spokesperson said they were not yet able to reveal the buyer’s identity.

RARE MING DYNASTY PORCELAIN JAR

A Ming Dynasty blue and white jar, once used to put walking sticks in, was sold for HKD 158,040,000. The magnificent dragon jar, which was one of the highlights at Christies’ spring sale in Hong Kong was consigned by a Swiss woman, who inherited it from her uncle in 1997. The 15th century jar exemplifies the magnificent ceramic making techniques during the reign of Emperor Xuande, which is widely considered a highpoint in China's blue and white porcelain production.

BONHAM’S HISTORIC WINE SALE

A case of Romanée-Conti 1988 sold for GBP 117,500 at the Bonham’s Fine Wine sale in London. It had been estimated at £100,000-120,000. All in all, the sale raised GBP 1,270,363 making it the most successful wine sale in the company's history. After the sale, the Head of Bonham’s Wine Department, Richard Harvey said, "Demand has been growing steadily throughout the first six months of the year and the trend continued in this latest sale. The high price for the Domaine Romanée Conti 1988 and the strong performance of Bordeaux show the market is in good health for wines from the traditional French wine producing areas".

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