26/05/2026
Christie’s Magnificent Jewels, Hong Kong, today.
A rare ruby and diamond ring sold for HKD 18.19 million — well above its high estimate.
An important sapphire realized HKD 5.08 million, nearly double expectations.
A smaller sapphire and diamond ring hammered at more than twice its high estimate.
Meanwhile, several fancy colored diamonds quietly passed.
Across the world’s salesrooms, the message is becoming clearer with each season. Fine colored gemstones — rubies, sapphires, emeralds — are commanding the attention, and the prices, that collectors once reserved for diamonds.
Rarity, color, and provenance are the new currency of fine jewelry.
Seven generations in, this is the world Caram has always known.
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