DENISE TSUI | OCT 7, 2022 –
A History-Making Night in Hong Kong for Modern and Contemporary Art Anchored by World Record Pink Diamond
[Click thru to see the actual video of the sale – it’s fabulous! – link below]
Hot on the heels of Sotheby’s first auction of Modern & Contemporary Art in Singapore in 15 years that raked in the highest total for any Sotheby’s sale in the city-state, and sturdy day sales on 6 October, Hong Kong’s evening auctions on 7 October, which witnessed a packed sale room, further cemented the robust position of Sotheby’s in Asia’s thriving art market.
The three marquee sales on Friday evening achieved a combined total of HK$1.45 billion (US$184.2 million), taking home a sell-through rate of 97.1 percent.
Anchoring the evening – and quite literally the crown jewel of the night – was the spectacular history-making single-lot sale of the Williamson Pink Star diamond. Weighing 11.15 carats and bearing one of the rarest colours to naturally occur in diamonds, the Williamson Pink Star is the second largest internally flawless fancy vivid pink diamond to ever go under the hammer.
Electrifying energy filled the room as a bidding battle went underway, with the Williamson Pink Star quickly surpassing pre-sale high estimates. After an intense 20-minute face off, the final winning bid went to a gentleman in the room for a staggering HK$453,223,000 (US$57,736,078) – setting an exceptional new per carat price world record for any for any diamond or gemstone.