IMPORTANT JEWELS HONG KONG 5 APRIL 2016 香港 2016 年 4 月 5 日

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1 IMPORTANT JEWELS HONG KONG 5 APRIL 2016 香港 2016 年 4 月 5 日 IMPORTANT JEWELS HONG KONG 5 APRIL 2016 HKS /F, One Pacific Place, 88 Queensway, Admiralty, Hong Kong 香港金鐘金鐘道 88 號太古廣場 1 期 7 樓

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3 A RUBELLITE, DIAMOND AND ROCK CRYSTAL RING, BY HEADRAGON Centering upon a carved rubellite, within the brilliant-cut diamond and sculpted rock crystal surround, mounted in 18K white gold, ring size 6 Signed H for headragon HKD 20,000-40,000 USD 2,600-5, AN EMERALD, RUBELLITE CARVING AND DIAMOND PENDANT NECKLACE, BY HEADRAGON Set with a carved hexagonal-shaped emerald weighing carats to the brilliant-cut diamond fringes, suspended by a carved cushion-shaped rubellite, within a brilliant-cut diamond surround and diamond-set surmount, further enhanced by a square-cut ruby detail, mounted in 18K white gold, 8.5 cm long Signed H for headragon HKD 68, ,000 USD 8,700-12,800 2

4 A SET OF EMERALD, RUBELITTE AND DIAMOND RINGS One ring set with a cut-cornered rectangular-cut emerald weighing 3.14 carats, to the brilliant-cut yellow diamond half hoop; the other set with a cut-cornered rectangular-cut rubelitte weighing 3.61 carats, to the brilliant-cut diamond half hoop, mounted in 18K white and yellow gold, with french assay marks, ring size 6 3 / 4 and 6 1 / 2 Accompanied with a GIA report HKD 58,000-88,000 USD 7,400-11, A PAIR OF PINK SAPPHIRE AND SEED PEARL EAR PENDANTS Each set a pear-shaped pink sapphire, altogether weighing 6.33 carats, within a seed pearl and diamond bead frame, suspended by a diamond bead and a purple seed pearl top, mounted in 18K white gold, 3.2cm long Accompanied by report no dated 5 March 2016 from the GIA stating that the 2 purplish pink sapphires are of Madegascar origin, with no indication of heating HKD 45,000-65,000 USD 5,800-8,300 3

5 2505 A PAIR OF SPINEL AND DIAMOND EARRINGS altogether weighing carats in total, to the brilliant-cut diamond vine and leaves, mounted in 18K white and rose gold, 4.0 cm long HKD 80, ,000 USD 10,300-15, A CARAT SPESSARTITE GARNET AND DIAMOND RING Set with an oval-shaped spessartite garnet weighing approximately carats, to the brilliant-cut diamond and calibre-cut garnet shoulders and gallery, mounted in platinum, ring size 6 1 / 2 Accompanied by report no. CS dated 03 February 2016 from the AGL stating that the carat spessartite garnet is natural, with no indications of clarity enhancement HKD 120, ,000 USD 15,400-20,500 4

6 2507 A PAIR OF BURMESE RED SPINEL AND DIAMOND EARRINGS Each set to the center with an oval-shaped red spinel, weighing altogether approximately 8.42 carats, within a square-shape and brilliant-cut diamond surround, mounted in platinum Accompanied by report no. CS A and B dated 03 February 2016 from the AGL stating that the two spinels weighing 8.42 carats are of Burma (Myanmar) origin with no indications of clarity enhancement HKD 260, ,000 USD 33,300-46, A 5.62 CARAT BURMESE RED SPINEL AND DIAMOND RING Set with an oval-shaped red spinel weighing 5.62 carats, within the square and brilliant-cut diamond surround, to the brilliant-cut diamond shoulders, mounted in platinum, ring size 5 3 / 4 Accompanied by report no. CS dated 03 February 2016 from the AGL stating that the two spinels weighing 5.62 carats are of Burma (Myanmar) origin with no indications of clarity enhancement HKD 180, ,000 USD 23,100-33,300 5

7 2509 A SET OF RUBY AND DIAMOND JEWELRY Comprising a necklace, set with an oval-shaped ruby weighing 1.12 carats, within a brilliant-cut diamond surround, suspended by two brilliant-cut diamond surmount; together with a ring en suite, set with an oval-shaped ruby weighing mounted in platinum, necklace 43.0 cm long, ring size 6 1 / 2 With report no. GRS and GRS dated 9 January 2013 and 20 June 2011 respectively, stating that the 1.02 and 1.12 carats rubies are both of Burma origin, vivid red (GRS type pigeon s blood, with no indication of thermal treatment HKD 60, ,000 USD 7,700-12, A BURMESE RUBY AND DIAMOND BRACELET Designed as a line bracelet, set with nine graduated oval-shaped rubies, spaced by the brilliant and baguette-cut diamond links, mounted in platinum, 17.1 cm long Accompanied by report no dated 4 March 2016 from the GIA, stating that the ruby is of Burma (Madegascar) origin, with no indications of heating (the third red stone from the tongue and clasp was randomly selected for testing) HKD 200, ,000 USD 25,600-38,500 6

8 2511 A 5.46 CARAT COLOMBIAN EMERALD AND DIAMOND RING Set with a cut-cornered rectangular-cut emerald weighing 5.46 carats, within a brilliant-cut diamond surround, to the polished white gold bifurcated shoulders, mounted in platinum, ring size 8 1 / 4 Accompanied by report no. GRS dated 15 December 2015 from the GRS stating that the 5.46 carat emerald is of Colombia origin, with insigni cant clarity enhancement HKD 120, ,000 USD 15,400-20, A CARAT BURMESE SAPPHIRE AND DIAMOND RING Set with an oval-shaped sapphire weighing carats, within a pear-shaped and marquise-cut diamond surround, to the brilliant-cut diamond gallery, mounted in platinum, ring size 6 Accompanied by report no dated 27 February 2014 from the GIA stating that the sapphire is of Burma origin, with no indications of heating HKD 350, ,000 USD 44,900-57,700 7

9 2513 A LADY S DIAMOND AND RUBY WRISTWATCH bezel, pear-shaped and brilliant-cut diamond surround, quatz movement, to the black satin straps, mounted in 18K white gold, 19.8 cm long HKD 160, ,000 USD 20,500-28, A LADY S BURMESE STAR SAPPHIRE AND DIAMOND WRISTWATCH star sapphire, within a circular-cut diamond surround, to the circular-cut diamond bracelet, accented by tapered baguette-cut sapphire detail, mounted in platinum, mechanical movement, 18.2 cm long Accompanied by report no dated 18 January 2011 from the GIA stating that the star sapphire is of Burma origin, with no indications of heating HKD 130, ,000 USD 16,700-23,100 8

10 2515 A 6.88 CARAT BURMESE RUBY AND DIAMOND RING Set with an oval-shaped ruby weighting 6.88 carats, within a brilliant-cut diamond surround, mounted in 18K white gold, ring size 6 1 / 2 Accompanied by report no dated 11 February 2013 from the SSEF stating that the 6.88 carats ruby is of Burma (Myanmar), with no indications of heating HKD 1,000,000-1,500,000 USD 128, ,300 9

11 2516 A CARAT BURMESE STAR RUBY AND DIAMOND RING Centering upon a star ruby weighing approximately carats, to the brilliantcut diamond surround, extending to the triple-split shoulders, mounted in platinum, ring size 6 1 / 2 Accompanied by report no dated 1 March 2016 from GIA stating that the ruby is of Burma (Myanmar) origin, natural star ruby with no indications of heating, Also accompanied by report no. TI from the Gemological Association of All Japan stating that carats star ruby is natural corundum HKD 58,000-88,000 USD 7,400-11, A CARAT STAR SAPPHIRE AND DIAMOND RING Set with a star sapphire weighing carats within a brilliant-cut diamond surround, to the brilliant-cut diamond half hoop, mounted in 18K white gold, ring size 6 1 / 4 Accompanied with a GIA report HKD 98, ,000 USD 12,600-19,200 10

12 2518 A 6.21 CARAT CAT S EYE CHRYSOBERYL AND DIAMOND RING Centering upon a cat s eye chrysoberyl weighing 6.21 carats, within a marquise-cut diamond surround, to the brilliant-cut diamond scalloped border and brilliant-cut diamond half hoop, mounted in titanium, ring size 6 1 / 4 Accompanied by report no. GRS dated 23 August 2012 stating that the 6.21 carats cat s eye chrysoberyl is natural, greenish-yellow (GRS type honey -color), with no indication of treatment HKD 320, ,000 USD 41,000-59,000 11

13 2519 SAPPHIRE AND DIAMOND RING Set with a color-change star sapphire weighing carats, within a brilliantcut diamond surround, to the marquise and brilliant-cut diamond gallery and baguette-cut diamond half hoop, mounted in 18K rose gold, ring size 5 3 / 4 Accompanied by report no. GRS dated 8 April 2014 from the GRS stating that the carat color changing star sapphire is of Sri Lanka origin, with no indication of thermal treatment HKD 980,000-1,280,000 USD 125, , A CARAT ROYAL BLUE BURMESE STAR SAPPHIRE AND DIAMOND RING Centering upon star sapphire weighing carats, within a vari-cut diamond surround, mounted in platinum, ring size 6 Accompanied by report no. GRS dated 1 February 2013 from GRS stating that the carat star sapphire is of Burma (Myanmar) origin, vivid blue color (GRS type royal blue), with no indication of thermal treatment HKD 1,300,000-1,800,000 USD 166, ,800 12

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15 2521 A PINK SAPPHIRE, COLORED DIAMOND AND DIAMOND NECKLACE Composed of twenty-eight circular-cut pink sapphires, altogether weighing carats, each within a brilliantcut diamond surround, spaced by circular-cut pink diamond collets, all within pink diamond surrounds, mounted in 18K white and rose gold, 43.5 cm long Accompanied by 28 reports from GIA (Refer to table for further information) HKD 320, ,000 USD 41,000-51,300 14

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17 2522 A CARAT COLOMBIAN EMERALD AND DIAMOND RING on either side by baguette-cut diamonds, mounted in platinum, ring size 6 3 / 4 Accompanied by report no dated 5 March 2016 from the GIA stating that the emerald is of Colombia origin, with moderate clarity enhancement HKD 380, ,000 USD 48,700-61, AN 8.06 CARAT SRI LANKAN SAPPHIRE AND DIAMOND RING side by marquise-cut diamond clusters, to the brilliant-cut diamond shoulders, mounted in platinum, ring size 7 Accompanied by report no dated 28 October 2013 from the Gubelin stating that the 8.06 carat sapphire is of Sri Lanka origin, with no indications of heating HKD 140, ,000 USD 17,900-23,100 16

18 2524 A 9.65 CARAT ZAMBIAN EMERALD AND DIAMOND RING Set with a cabochon emerald weighing 9.65 carats, to the brilliant and baguettecut diamond half hoop, mounted in 18K white gold, ring size 5 1 / 2 Accompanied by report no. GRS dated 25 August 2015 from the GRS stating that the 9.64 carat emerald is of Zambia origin, with minor clarity enhancement HKD 380, ,000 USD 48,700-61, A 3.45 CARAT MOZAMBIQUE RUBY AND DIAMOND RING Centering upon a cushion-shaped ruby weighing 3.45 carats, within a rose-cut diamond surround altogether weighing approximately 9.80 carats, to the brilliantcut diamond gallery and shoulders, mounted in platinum, ring size 6 1 / 2 Accompanied by report no. GRS dated 18 January 2014 from the GRS stating that the 3.45 carat ruby is of Mozambique origin, with no indications of thermal treatment HKD 680, ,000 USD 87, ,400 17

19 2526 A 5.39 CARAT BURMESE RUBY AND DIAMOND RING Centering upon an oval-shaped ruby weighing 5.39 carats, within an oval-shaped diamond surround, mounted in 18K white gold, ring size 5 1 / 2 With report no dated 19 September 2013 from the Gubelin stating that the 5.39 carat ruby is of Burma origin, with no indications of heating; Also accompanied by an information sheet stating that Burma has long been recognised as the locality associated with the most desirable rubies in the world. Within Burma (Myanmar), the most famed region is the Mogok Valley, or Mogok Stone Tract, in the Katha district, North East of Mandalay: a small area of a few dozen square miles, of which only a portion is gem-bearing. Meanwhile, there are few more small deposits to the north of Mogok, such as Namya, that produce rubies with similar characteristics. Although it is uncertain when mining rst began, accounts indicate that rubies have been sourced in the Mogok area for well over a thousand years. e earliest surviving records of mining activity began in 1597, when the king of Burma took over the mines. Burmese rubies, especially the ones from Mogok, have since sustained the strongest renown. Mogok-type rubies typically possess a red body color and red V- uorescence. In addition, they may contain tiny amounts of light-scattering rutile silk and a swirl-like growth pattern. It is this combination of features which gives these rubies their characteristic appearance. With report no. CS dated 13 August 2013 from the AGL stating that the 5.39 carat ruby is of Burma origin, with no heat enhancement HKD 3,000,000-4,000,000 USD 384, ,800 18

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21 A PAIR OF BURMESE RUBY AND DIAMOND EAR PENDANTS Each set with a cushion-shaped ruby weighing 2.88 and 3.42 carats, within a tulip and pear-shaped diamond surround and diamond gallery, suspended by a pear-shaped diamond cluster top, diamonds altogether weighing carats, mounted in 18K white gold, 3.6 cm long Accompanied by report no. GRS dated 15 December 2015 from the GRS stating that the two rubies weighing 6.30 carats are of Burma (Mogok, Myanmar) origin with no indication of thermal treatment Also accompanied by report number and dated 07 August 2014 from the GIA stating that the 1.17 and 1.10 carats diamond are D color, VS1 clarity HKD 2,600,000-3,600,000 USD 333, ,500 20

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23 A 6.91 CARAT KASHMIR SAPPHIRE AND DIAMOND RING all within a fancy-cut diamond surround, to the brilliant-cut diamond gallery and shoulders, mounted in 18K white gold, ring size 6 Accompanied by report no dated 18 February 2013 from the Gubelin stating that the 6.91 carats sapphire is of Kashmir origin, with no indication of heating HKD 2,200,000-3,000,000 USD 282, ,600 22

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25 2529 A COLOMBIAN EMERALD AND DIAMOND TIARA/NECKLACE Accompanied by report number CDC / 1-8 dated 02 April 2015 from the CDC stating that all eight emeralds weighing carats are all of Colombia origin, with minor to moderate clarity enhancement HKD 2,600,000-3,600,000 USD 333, ,500 24

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27 26 A MOZAMBIQUE RUBY AND DIAMOND NECKLACE

28 Natural rubies are extremely rare with a narrow area of deposits known to human. In recent years, ruby mines from various sources are gradually taking their positions on the international stage. Among those upcoming ruby mine sources, Mozambique in the African continent is one attracting the attention of many collectors globally. During the present plateau phase of international art investment market, rubies remain a focus of public attention on the auction market due to its superior chemical and color properties as well as its stable sale results. 27

29 2530 A MOZAMBIQUE RUBY AND DIAMOND NECKLACE platinum, 68.0 cm long Accompanied by report no. CS67418 dated 21 April 2015 from the AGL stating that the thirty-four rubies weighing carats are of Mozambique origin, with no indications of thermal treatment (an excess of 50% tested at random) HKD 3,800,000-4,800,000 USD 487, ,400 28

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31 The Republic of Mozambique is located in southeastern Africa along the Indian Ocean, separated from Madagascar by the Mozambique Channel. The history of corundum mining in Mozambique can be traced back to the colonial period from 1505 to 1975, but no real commercial exploitation had taken place. International partnerships with foreign countries have helped Mozambique ruby deposits mark a new era, where modern technology and infrastructures improve the mothods in mining. Top quality gems are generall produced during the early stages of a new mine. We cannot predict the lifespan of the Mozambique mines. However, one thing we can be sure about is that in the centuries to come, these Mozambique gems will gain an increasingly predominant position in the world gemology map. The founder of GRS Gem Research Swisslab, "Someday in the future, Mozambique rubies will eventually be mined out, as happens with every deposit. At that point, Mozambique rubies will become treasured collector's gems, mostly appearing in couture jewelry and resurfacing in auction houses." Lot 2531 is a pair of oval-shaped unheated Mozambique ruby earrings. They boast astonishing weights of and carats each. This extraordinary pair of rubies displays a vivid red color and a high degree of transparency, typical characteristics of Mozambique rubies. The African rubies tend to be found in amphiboles, and their iron content falls in between of the iron-rich Thai rubies and the iron-poor Burmese gems. To improve a natural stone s appearance, many of the natural gems are heated before they are offered to the market. Although many unheated smaller gems between two to five carats can be found in abundance, rubies at this large of a size that merely needs simple cutting and polishing to be a top quality gem of excellence is exceptionally rare. Therefore, this pair of Mozambique rubies is extraordinary in weight, color intensity, originality, transparency and compatibility, representing a true rarity in the market today. A stone's natural beauty remains the main driving force for their ultimate popularity. Like the shape of a snowflake and the colors of the rainbow, the vivid red color is a glorious gift of nature. They illustrate the passion of life in the purest of forms, and the reddest of red. The American poet Ralph Waldo Emerson once wrote: They brought me rubies from the mine, And held them to the sun; I said, they are drops of frozen wine, From Eden's vats that run. It is a remarkable opportunity for ruby collectors to include such a rare gem of Mother Earth in their very own private collection. 30

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35 2531 AN EXTRAORDINARY PAIR OF AND CARAT MOZAMBIQUE RUBY AND DIAMOND EAR PENDANTS mounted in platinum and 18K yellow gold, 4.5 cm long With report no. GRS and GRS dated 12 March 2015 and 6 March 2015 from the GRS stating that the and carats rubies are both of Mozambique origin, vivd red, with no indication of thermal treatment; Both accompanied by an appendix stating that both and carats of vivid red rubies from Mozambique is reminiscent in color saturation of GRS-type pigeon blood ruby (without strong uorescence) With report no and dated 26 June 2015 from the Gubelin stating that the and carat rubies are both of East Africa origin, with no indications of heating Also accompanied by an information sheet stating that large rubies of gem-quality are rarely found in nature. Not only is a delicate mineralogical balance essential for this red variety of corundum to be formed deep within the earth, but speci c geological conditions as well as adequate pressure and temperature must also be present. Furthermore, the su cient supply of a rare combination of chemical elements, such as aluminium and chromium, are yet another necessity required for the formation of rubies Over the past decades, various heating techniques, as well as the use of chemical additives, have been introduced to increase the supply of rubies resembling the high-quality untreated specimens. e aim of these treatments was and still is to improve the visual appearance of the gemstones. rior to the advent of modern heating techniques, rough rubies were cut and polished retaining the quality that nature had originally endowned them with. erefore, in earlier times, rubies with obvious imperfections were considered and accepted as the norm. However, the expectations with respect to quality (color and transparency) rose steadily e demand for natural, unheated rubies kept growing while the supply of such gems remains highly limited, making large, natural rubies of gem quality from all ma or sources, such as Burma (Myanmar), Madagascar, Kenya, Tanzania, Mozambique, Vietnam, Afghanistan and Ta ikistan, di cult to nd. With report no dated 5 March 2016 from the SSEF stating that the and carat rubies are both of East Africa origin, with no indications of heating Also accompanied by an appendix GIA nos. Weight Color Clarity E VVS E VVS E VS D VS F VS D VVS E VVS E VS E VS E VS2 GIA nos. Weight Color Clarity F VVS F VS D VS F VS E VS F VS F VVS E VS E VS F VS1 HKD 12,500,000-16,000,000 USD 1,602,600-2,051,300 34

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37 Comprising a pair of ear pendants, each set with near colorless jadeite cabochon, by cabochon ruby eye, resting on a brilliant-cut diamond branch, mounted in 18K Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade Stone Laboratory stating that the lavender jadeite is natural, known in the trade as A Jade HKD 50,000-80,000 USD 6,400-10, A JADEITE AND DIAMOND RING hoop, decorated by ruby cabochon terminals, mounted in 18K yellow gold, ring size 4 3 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 38,000-58,000 USD 4,900-7,400 36

38 A JADEITE, COLORED DIAMOND AND DIAMOND PENDANT 2536 diamond eyes, further enhanced by jadeite cabochon detail, mounted in 18K Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 38,000-58,000 USD 4,900-7, A JADEITE AND DIAMOND PENDANT/BROOCH hanging from a tree branch, decorated by colorless, bright green and russet Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite peapod is natural, known in the trade as A Jade HKD 68, ,000 USD 8,700-12, A JADEITE AND DIAMOND RING and all with good translucency, all within a diamond-set surround to the diamondset shoulders, mounted in 18K white gold, ring size 6 3 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 68, ,000 USD 8,700-12,800 37

39 2538 (Another View) EAR PENDANTS Each suspending a jadeite huaigu of rich russet color and good translucency, to a jadeite cabochon center, within a yellow diamond surround, to a yellow diamond surmount, mounted in 18K yellow gold, largest jadeite huaigu measuring Accompanied by report no. SJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite disc is natural, known in the trade as A Jade HKD 58,000-88,000 USD 7,400-11, A JADEITE AND DIAMOND RING ring size 5 1 / 2 Accompanied by report no. SJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 88, ,000 USD 11,300-19,200 38

40 A PAIR OF JADEITE AND DIAMOND EAR PENDANTS Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite hoop is natural, known in the trade as A Jade HKD 32,000-48,000 USD 4,100-6, A JADEITE AND DIAMOND RING within a brilliant-cut diamond surround, to the diamond-set shoulders, mounted in 1 / 4 Accompanied by report no. SJ dated February from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 68, ,000 USD 8,700-12,800 39

41 2541 TWO STRANDS OF JADEITE AND CORAL BEAD BRACELETS HKD 48,000-68,000 USD 6,200-8, A CARVED JADEITE FIGURE OF GUANYIN WITH A CARVED WOODEN STAND Designed as a well carved guanyin, carved with detailed eyes, a straight nose and indented lips providing a serene expression, Accompanied by report no. SJ dated 15 September 2014 from the Hong Kong Jade & Stone Laboratory stating that the carving is natural, known in the trade as A Jade HKD 68, ,000 USD 8,700-12,800

42 (Reduced Size)

43 2543 A SET OF JADEITE AND DIAMOND JEWELLERY Accompanied by report no. SJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 380, ,000 USD 48,700-61, A JADEITE AND DIAMOND BRACELET Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 220, ,000 USD 28,200-35,900

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45 2545 A LAVENDER JADEITE AND DIAMOND NECKLACE Accompanied by report no. SJ dated February from Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 680,000-1,000,000 USD 87, , A JADEITE AND DIAMOND RING Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade Also accompanied by report no dated 6 June 2011 from the GIA stating that the jadeite is natural, with no indications of impregnation HKD 680, ,000 USD 87, ,800

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48 2547 A SET OF FINE JADEITE AND DIAMOND RING/PENDANTS/EAR PENDANTS / Accompanied by report no. KJ dated 1 March 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade With report no dated 23 October 2015 from the GIA stating that the 0.56 carat diamond is G color, VVS1 clarity With report no dated 29 December 2015 from the GIA stating that the 0.58 carat diamond is G color, VVS1 clarity HKD 1,800,000-2,800,000 USD 230, ,000

49 2548 AN IMPORTANT STRAND OF JADEITE BEAD, DIAMOND NECKLACE long Accompanied by report no. EXKJ3802(1-3) dated 7 March 2016 from the Hong Kong Jade and Stone Laboratory stating that the Jadeite is natural, known in the trade as A Jade HKD 9,000,000-15,000,000 USD 1,128,200-1,538,500 (Reduced Size)

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51 2549 A JADEITE AND DIAMOND PENDANT Accompanied by report n e Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 9,800,000-16,000,000 USD 1,256,400-2,051,300

52 Lot 2549 is piece of jadeite carving in the shape of a lovely peapod. It is an exquisite piece of art with the purest green color, the best quality jadeite and elegant and smooth lines. As one of the traditional jadeite carving forms, there is so many underlying auspicious believes. For the 3 peas in the peapod, it is a Chinese metaphor of the three Gods in charge of good fortune, good earnings and longevity. If this piece is given to an elderly person, it can express best wishes for their well-being. Also because of its homophonic pronunciation to a word meaning the bloom of youth, it can also be an analogy for the vigor and vitality of youngsters. A fruitful peapod can mean an abundance of wealth. On the other hand, it can carry agriculture metaphor and mean a success after hard work. So it is also an appropriate gift to wish someone an academic success. Lastly but probably most importantly, the 3 peas metaphor can also extend into having an expanding, happy and prosperous family. The peapod has thus become one the most popular themes for jadeites craftsmen to make. It is a sincere and worthy return to the gift from the nature. The auspicious wishes are to be shared with everyone and handed down through the family generations.

53 2550 A PAIR OF CAMELIA EARRINGS, BY CHANEL Signed Chanel, no. 6Q2224 HKD 40,000-60,000 USD 5,100-7, A DIAMOND CAMELIA RING, BY CHANEL gold Signed Chanel, no. 6M HKD 78, ,000 USD 10,000-12,800

54 2552 A DIAMOND RING, BY BULGARI Signed Bulgari, no. BV 664 HKD 130, ,000 USD 16,700-23, A DIAMOND PENDANT/BROOCH, BY VAN CLEEF & ARPELS Signed VCA for Van Cleef & Arpels, N.Y., no HKD 160, ,000 USD 20,500-28,200

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56 2554 A 6.15 CARAT FANCY BROWN YELLOW DIAMOND AND DIAMOND RING, BY JACQUES TIMEY FOR HARRY WINSTON With Jacques Timey maker s mark for Harry Winston Accompanied by report no dated 21 April 2014 from GIA stating that the 6.15 carats diamond is fancy brown yellow color, VVS2 clarity HKD 450, ,000 USD 57,700-83, TWO COLORED DIAMOND AND DIAMOND BANGLES, BY GRAFF Signed Gra, nos and 2705 With report no dated 15 February 2002 from the GIA stating that the 1.51 carat diamond is fancy yellow, natural color, VS1 clarity With report no dated 6 December 2001 from the GIA stating that the 1.54 carat diamond is fancy yellow, natural color With report no dated 28 June 2001 from the GIA stating that the 1.19 carat diamond is fancy light yellow, natural color, VS2 clarity Please note that the reports are more than 5 years old and might require an update HKD 650, ,000 USD 83, ,600

57 2556 A PAIR OF FANCY YELLOW DIAMOND AND DIAMOND EAR PENDANTS Accompanied by report no dated 8 February 2007 from the GIA stating that the 2.75 carats diamond is fancy yellow, natural color Also accompanied by report no dated 11 December 1998 from the GIA stating that the 2.60 carats diamond is fancy yellow, natural color Please note that the reports are more than 5 years old and might require an update HKD 450, ,000 USD 57,700-83,300

58 2557 AN 8.88 CARAT FANCY YELLOW DIAMOND AND DIAMOND RING Accompanied by report no dated 06 February 2015 from the GIA stating that the 8.88 carats diamond is fancy yellow, natural color, VS2 clarity HKD 1,100,000-1,600,000 USD 141, ,100

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60 2558 A SET OF D COLOR, INTERNALLY FLAWLESS AND VVS2 DIAMOND RINGS Each set with a marquise-cut diamond weighing 2.38 and 2.01 carats, to the brilliant-cut diamond shoulders, mounted in 18K white gold, both ring size 6 Accompanied by report no dated 18 March 2015 from the GIA stating that the 2.38 carats diamond is D color, internally awless clarity Also accompanied by report no dated 12 January 2015 from the GIA stating that the 2.01 carats diamond is D color, VVS2 clarity HKD 450, ,000 USD 57,700-83, A 3.02 CARAT, D COLOR, INTERNALLY FLAWLESS DIAMOND RING Set with a pear-shaped diamond weighing 3.02 carats, within a pear-shaped and brilliant-cut diamond, to the diamond-set scalloped border, gallery and shoulders, mounted in 18K white gold, ring size 6 Accompanied by report no dated 31 January 2012 from the GIA stating that the 3.02 carats diamond is D color, internally awless clarity HKD 880,000-1,200,000 USD 112, ,800 59

61 2560 A COLORED DIAMOND AND DIAMOND RING/PENDANT / Accompanied by report no dated 10 February 2014 from the GIA stating that the 2 carats diamond is fancy yello green color, SI1 clarity HKD 130, ,000 USD 16,700-23, A FANCY LIGHT PINK DIAMOND AND DIAMOND RING / Accompanied by report no dated 23 March 2015 from the GIA stating that the 1.09 carat diamond is fancy light pink, natural color HKD 240, ,000 USD 30,800-46,200

62 2562 A COLOURED DIAMOND AND DIAMOND RING Accompanied by report no dated 27 March 2013 from GIA stating that the 3.01 carat diamond is faint pink, natural color, VVS1 clarity HKD 850,000-1,100,000 USD 109, ,000

63 2563 HKD 32,000-48,000 USD 4,100-6, Signed Cartier Italy HKD 25,000-35,000 USD 3,200-4, Signed Boucheron HKD 32,000-48,000 USD 4,100-6,200

64 2566 HKD 58,000-88,000 USD 7,400-11,300

65 2567 / / 4 / 4 / HKD 48,000-68,000 USD 6,200-8,700 HKD 58,000-88,000 USD 7,400-11,300 64

66 2569 Signed Boucheron Paris, no , Signed VCA for Van Cleef & Arpels, no. B1327D20 HKD 88, ,000 USD 11,300-16,400

67 2570 Accompanied by report no. GRS and GRS dated 14 April 2014 from the GRS stating that the and carats carved rubies are of Mozambique origin, with no indication of thermal treatment HKD 58,000-88,000 USD 7,400-11,300 Accompanied by report no. GRS dated 14 June 2012 from the GRS stating that the carat carved ruby is of Burma (Myanmar) origin, with no indication of thermal treatment HKD 130, ,000 USD 16,700-23,100 66

68 2572 CARTIER Signed Cartier 1991, no. B HKD 38,000-58,000 USD 4,900-7, Signed Cartier, no A HKD 200, ,000 USD 25,600-35,900

69 2574 A DIAMOND, EMERALD AND ONYX PANTHERE RING, BY CARTIER Designed as a pave-set diamond crouching panthere with emerald eyes and onyx nose, mounted in 18K white gold, ring size 4 3 / 4, with French assay mark for gold Signed Cartier, no HKD 260, ,000 USD 33,300-41, A DIAMOND PANTHERE RING, BY CARTIER Designed as a panthere s head resting on its forepaws, enhanced by pear-shaped emerald eyes and onyx nose, to the pave-set brilliant-cut diamond body and hoop, mounted in 18K white gold, ring size 7 1 / 4 Signed Cartier, no B 55 HKD 580, ,000 USD 74, ,600 68

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71 2576 Signed David Webb Accompanied with a GIA report HKD 80, ,000 USD 10,300-15, Signed David Webb Accompanied with a GIA report HKD 190, ,000 USD 24,400-33,300

72 With maker s mark for Bulgari Signed Bulgari Accompanied with a GIA report HKD 240, ,000 USD 30,800-41, Accompanied by report no dated 3 March 2016 from the GIA stating that the ruby cabochons are of red color, with no indications of heating (the largest red stones from each earring were randomly selected for testing) Signed VCA for Van Cleed and Arples HKD 480, ,000 USD 61,500-87,200

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76 Patek Philippe is famous for designing and producing the finest time pieces in the world. All of Patek Philippe timepieces are manufactured according to the specs of the Geneva Seal, the strictest specifications in the world, and they are the only watch manufacturer to do so. They also offer an exclusive choice of jewelry items for both ladies and gentlemen. These items are created exquisitely and ensemble with the matching watches, as well as a choice of branded jewelry which will elegantly complement any Patek Philippe timepiece. As one of the important designer of the age, Gilbert Albert has contributed enormously to Patek Philippe, he joined Patek Philippe as designer and head of the workshop. During the seven years with the celebrated manufacturer, he created the firm's most daring designs, most notably the asymmetrical models from the celebrated "Ricochet" series. Since then he has been designing artist jewelry, mostly using 18 karat gold with rough cut stones and unconventional materials, such as fossilized dinosaur bones and hardened lava rocks. Dial signed Patek Philippe HKD 750,000-1,000,000 USD 96, ,200

77 With maker s marks for Harry Winston Accompanied by report no. CS dated 25 August 2015 from the AGL stating that the 6.11 carat emerald based on available gemological information, it is the opinion of the Laboratory that the origin of this material would be classi ed as Colombia, with minor clarity enhancement Also accompanied by report no. CS dated 21 January 2015 from the AGL stating that the 7.22 carat emerald based on available gemological information, it is the opinion of the Laboratory that the origin of this material would be classi ed as Colombia, with minor clarity enhancement HKD 2,600,000-3,600,000 USD 333, ,500

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79 EMERALDS CERTIFICATES 4 6 DIAMONDS CERTIFICATES G E G 4 G E 6 G G E E E H H Signed Gra Accompanied by 26 reports from Gubelin and GIA (Refer to table for further information) HKD 3,800,000-4,800,000 USD 487, ,400

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81 37.45 CARAT BURMESE SAPPHIRE AND DIAMOND RING Blue sapphires signify an elegant temperament of loyalty, faithfulness, love and honesty, as well as supreme power, thus gaining admiration from royal families over the years worldwide. A famous example of this, would be the sapphire engagement ring of Princess Kate and Prince William of Great Britain. The ring had once been the engagement ring of Prince William s parents, Princess Diana and Prince Charles, as well; demonstrating its ability to preserve heritage and value. Apart from royal associations, sapphires are frequently used in religious ornaments. It is commonly viewed to have mysterious and supernatural qualities. During the medieval times, Christian ministers often wore rings inlaid with sapphires because the color is reminiscent of the sky and the sea: a symbol of heaven. As early as the ancient Egyptian, Roman, and Greek ages, sapphires were used to decorate churches and monasteries, even as ritual tributes at times. Burma is not only famous for its ruby mines, but also for its sapphire deposits as well. Because of their traces of iron (Fe) and titanium (Ti), Burmese sapphires exude a shade of blue unlike any other sapphire elsewhere. Burmese sapphire deposits are relatively thin, uncommonly rich in color, while given the extreme conditions in which these sapphires are formed, inclusions are iminent. Therefore, a sapphire as clean and large as this lot presented is extremely rare. The royal blue color found in sapphires of Burma origin, is one of the most prestigious colors of all sapphires. Due to the continuous exploitation of the sapphire deposits in these areas, their outputs are becoming increasingly scarce. A piece of gem-quality blue sapphire over 10 carats can be regarded as exceptionally rare on the market today. Moreover, in order to enhance a gemstone s appearance, many undergo a heating process to enhance both the color and the clarity of the gems. Lot 2583 is an astonishingly large unheated Burmese sapphire ring, which has been identified as having royal blue color. The SSEF has especially published a certificate in Chinese, and accompanied it with words of appraisal. The sap phire presented in this lot weighs an astounding carats, an remarkable size of 21.24x15.46x9.55mm. The clairty of this stone is excptional, and regarding its size, the intense blue color is evenly distributed. The stone is a step cut with an octagonal shape, presenting a wide and flat table surface. The style of the inlay work is simple yet exquisit. The ring brings out elegance and classical extravagance in its purest form. All eyes that come across it will be amazed by its magnificence. 80

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88 A CARAT BURMESE SAPPHIRE AND DIAMOND RING Set with a cut-cornered rectangular-cut sapphire weighing carats, to the diamond gallery and hoop, mounted in 18K white and yellow gold, ring size 6 1 / 2 Accompanied by report no. GRS dated 26 October 2015 from the GRS stating that the carat sapphire is of Burma origin, with no indication of thermal treatment; Also accompanied by report no dated 12 February 2016 from the SSEF stating that the carat sapphire is of Burma (Myamar) origin, with no indications of heating; with an appendix letter stating that the natural sapphire described in Gemstone Report no from the Swiss Gemological Institute SSEF possesses extraordinary characteristics and merits special mention and appreciation. e described gemstone exhibits a remarkable size and weight of ct, combined with a ne purity...its saturated blue color is due to a combination of well-balanced trace elements in the gemstone, which are typical and characteristic for the nest sapphires of Mogok, Burma...A natural sapphire from Burma of this size and quality is rare and exceptional Accompanied by report no dated 15 February 2015 from the Gubelin stating that the carat sapphire is of Burma origin, with no indications of heating; Also accompanied by an information sheet stating that large sapphires of gem-quality are rarely found in nature. Not only is a delicate mineralogical balance essential for this blue variety of corundum to be formed deep within the earth, but speci c geological conditions as well as adequate pressure and temperature must also be present. Furthermore, the su cient supply of a rare combination of chemical elements such as aluminium, iron and titanium, are yet another necessity required for the formation of sapphires Over the past decades, various heating techniques, as well as the use of chemical additives, have become increasingly sophisticated to raise the supply of sapphires resembling the high-quality untreated specimens. e aim of these treatments was and still is to improve the visual appearance of the gemstones. Prior to the advent of modern heating techniques, rough sapphires were cut and polished retaining the quality that nature had originally endowned them with. erefore, in earlier times, sapphires with obvious imperfections were considered and accepted as the norm. However, the expectations with respect to quality (color and transparency) rose steadily ever since e demand for natural, unheated sapphires keeps growing while the supply of such gems remains limited, making large, natural sapphires of gemquality from all major sources (such as Kashmir, Burma (Myanmar), Sri Lanka, Madagascar and Tanzania) di cult to nd HKD 12,000,000-18,000,000 USD 1,538,500-2,307,700 87

89 2584 A STRAND OF CONCH PEARL, NATURAL PEARL AND DIAMOND NECKLACE Composed of forty-two vari-shaped pink conch pearls, total weighing carats, alternating with fourty-three drilled white pearls, a seed pearl and briolette diamond links, suspending a line of pink conch pearl drop with diamond-set cap, a briolette diamond, natural seed pearl and a pink conch pearl pendant, to an old-cut diamond plaque clasp, mounted in platinum, 49.0 cm long Accompanied by report no dated 25 February 2016 from the GIA stating that the forty-two pink pearls are natural salttwater strombus gigas (conch)and forty-three white pearl are natural saltwater pearls HKD 580, ,000 USD 74, ,600 88

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91 and diamond bead tassel with natural pearl, pink conch and melo conch drop terminals, to the detachable diamond collet Accompanied by report no dated 3 February 2016 from the GIA stating that the pearls are saltwater natural pearls with no indications of treatment (only three pearls have been tested) HKD 750,000-1,000,000 USD 96, ,200 90

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93 A PAIR OF NATURAL PEARL AND DIAMOND EAR PENDANTS within a two rows brilliant-cut diamond surround, suspending three white natural pearl drops, spaced by a cushion cut diamond, to the natural cream button pearl surmount, within a brilliant-cut diamond surround, mounted in platinum, 6.5 cm long Accompanied by report nos , 69296, and dated 27 March 2013, 29 July 2013, 15 March, 2013 and 27 April 2012 respectively from the SSEF stating that the analysed properties con rm the authenticity of these saltwater natural pearls Also accompanied by report no dated 15 March 2013 from the GIA stating that the pearls are saltwater natural pearls, with no indications of treatment Also accompanied by report no dated 11 February 2016 from the GIA stating that the pearls are saltwater natural pearls, with no indications of treatment HKD 3,000,000-4,000,000 USD 384, ,800 92

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96 Natural Pearls are formed in the wild, without any human intervention of any kind. They are composed entirely of nacre which is a combination of aragonite or calcite with an organic binder called conchiolin. The larger the Pearl, the more layers of nacre has been added, this process of nacre building takes years. Pearls are so rare they are literally one in a million, only one in 10,000 wild oysters will produce a natural saltwater pearl and of those pearls, only a tenth will produce a pearl of gem quality. Throughout history, natural pearl, with its warm inner glow and shimmering iridescence, has been one of the most highly prized and sought-after gems. Countless references to the pearl can be found in the religions and mythology of cultures from the earliest times. In ancient Rome, pearls were considered the ultimate symbol of wealth and social standing. The Greeks held the pearl in high esteem for both its unrivaled beauty and its association with love and marriage. They have been treasured by royal and imperial families around the globe, to the extent that after 1530, many European countries began making pearl legislations requiring people to wear pearls according to their social status. Before the 18th century, pearls are favorite accessories of royal families and dignitaries as they represented wealth and status. One big admirer of pearls would be Queen Elizabeth I of England. In the National Portrait Gallery in London, there is a portrait of her wearing a pearl-covered dress, with a pearl belt, and the look is completed with a golden necklace inlaid with huge pearls. In the same gallery, one will also come across a portrait of King Henry VIII of England with hat and necklace both decorated by pearls. For this spring auction, Poly Auction HK proudly present this extremely rare multicolor natural pearl necklace and ear pendant sets to all natural pearl admirers, this magnificent set comprising thirty-five natural pearls, measuring approximately from 6.36 x 5.39mm to x mm, multi-color from bright white, pink, cream, golden yellow to blue, silver and black, all round or near round button shaped. Each natural pearl is within a pave-set diamond undulating petals surround or rose-cut and pear-shaped diamond surround, the lovely floral design was made by one of the best jewelry workshops in New York- Cicada. At Cicada, every piece of jewelry is made with great attention to detail, quality and craftsmanship, all design and production takes place in-house with a team of expert jewelers to create exquisite pieces, with every metal smith trained in traditional bench work, and every exquisite piece was hand made by professional craftsmen. 95

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99 2587 BY CICADA mm, each within a pave-set diamond undulating petals surround or rose-cut and pear-shaped diamond surround, and a pair of natural pearls altogether weighing carats, diamonds altogether weighing carats, all mounted in platinum, necklace 42.0 cm long, ear pendants 4.0 cm long Signed Cicada Accompanied by report no dated 22 September 2014 from the SSEF stating that the analysed properties con rm the authenticity of these saltwater natural pearls, with no indications of arti cial color modi cation (based on sampling) Also accompanied by report no dated 19 November 2015 from the GIA stating that pearls are saltwater natural pearls, with no indications of treatment HKD 10,000,000-15,000,000 USD 1,282,100-1,923,100 98

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102 ASTER MA diamond, mounted in 18k white gold, 2.0 cm long Signed HKD 38,000-58,000 USD 4,900-7, A GROUP OF DIAMOND AND AMETHYST EAR CLIPS, BY MARGHERITA BURGERNER Comprising three interchangeable ear clips, each either set with brilliant-cut diamond undulating leaf or a carved amethyst undulating leaf, mounted in 18K white gold, 2.4 cm high, in a Margherita Burgerner brown leather case Signed Margherita Burgener and with maker s mark for Margherita Burgener HKD 38,000-58,000 USD 4,900-7,

103 La Rose Brulèe Love is chemistry. If it doesn t burn, what kind of love it is? Paola Brussino, is a female jewelry designer from Italy. In her career as a designer, she strives to change perceptions and rediscover the beauty of gemstones. Brussino tends to incorporate unique materials uncommonly used by other designers, such as using carbon, titanium, zirconium and corian. Brussino dedicates herself to research work that is based on long years of collaboration with renowned brands of high quality jewelry. These jewelry designs are the fruit of her passion for art and years of research, alongside a combination of exquisite handcraft techniques with a hint of poetic elements. The ideas and designs of each piece are a result of a fascination intrigued by endless possibilities. She continues to explore new and different techniques of manufacture, using unconventional materials in her designs. As a result, her work show us pieces that are elegant, simple, natural, and light, with a dash of amazement. Sometimes extraordinary qualities of a piece come to life randomly out of surprise after long hours of working on a piece. There is an alchemical pleasure in transforming a cold and impersonal material such as titanium and turning it into something warm, intimate and romantic like a rose. To create the paradox of the gentle folds of a flower with hard metallic materials require great difficulty. Furthermore, the process of anodization and oxidation is necessary to create that shimmering effect on the pink petals of titanium. Lastly, diamonds are hemmed alongside the rim of the petals, as if the flower has been burned by the light. 102

104 A TITANIUM AND DIAMOND RING, BY PAOLA BRUSSINO 1 / 2 Signed Paola Brussino HKD 98, ,000 USD 12,600-19,

105 Michael Youssoufian Michael Youssoufian Ltd. was found in Hong Kong in 1997 by Michael Youssoufian, who comes from a very long family line of jewelers. At every generation, the family has been at the center of the jewellery business. It has survived world wars, economic downturns, political revolutions, and is now at its fifth generation. The mentor of the family, Joseph Youssoufian, was appointed as Jewelers to the Royal Court of Egypt from the 1920 s to 1950 s in Alexandria. Being multicultural, Michael Youssoufian, of Armenian and British origin, along with a little bit of Italian and Greek heritage, was brought up in three different major parts of the world: Alexandria, London and Geneva. Michael Youssoufian finished his studies in Geneva at The High School of Fine Art s, where he took his Masters in Jewellery. After receiving his diploma, he joined a team of young adventurers, who worked for the famous Swiss Brands we now know today in creating watch protoypes. He later joined his father, who owns a store in Geneva, for a number of years, and became an avid enthusiast in Antique & Vintage Jewellery. In 1985, Michael Youssoufian was invited by a Swiss delegation to exhibit in Shanghai, where he visited China for the first time. There, a whole new world opened up before him. From that day on, he knew that this would be the place to be. Michael then established himself in Hong Kong, and began running with his passion in creating artistic jewellery by combining past jewelry designs with a present-day twist. His avid eye never stops his passion of the Arts in any kind or form. 104

106 A CARVED EMERALD AND DIAMOND PIN, BY MICHAEL YOUSSOUFIAN Signed MY for Michael Yousou an Accompanied by report no dated 1 June 2009 from the GIA stating that the 1.54 carat diamond is D color, internally awless clarity; Please note that the report is more than 5 years old and might require an update Accompanied by report no. GRS dated 30 April 2015 from the GRS stating that the 2.94 carat carved emerald is of Colombia origin, with no clarity enhancement HKD 260, ,000 USD 33,300-46,

107 Michele Della Valle Famed for his appreciation of rare and unusual gemstones, Michele della Valle is unquestionably one of the leading jewelers at work in the world today. His idiosyncratic style pays tribute to his greatest inspiration, nature, which continues to influence his displays of bravura. This world famous designer was born in Rome and started his jewelry path at the age of sixteen. In 1976, he worked for a year at Fürst Jewelers in Via Veneto, Rome, which was then the representative of Harry Winston. In 1978, Della Valle opened his own workshop in Rome s Piazza di Spagna and began travelling regularly to Asia in search of precious stones. This was the beginning of collaboration with Bulgari on special orders and his recognition as a new designer by a clientele of film stars and opera singers throughout Italy. In 1987, he moved to Geneva and developed a l ine of jewelry which now bears his name. Della Valle is celebrated for his great appreciation and application of color, and it is this above all else that is most admired in his work. As well as Della Valle s great appreciation and application of color, it is his use of unusual and unconventional materials such as carbon fiber that has really marked him out as a modern and truly original practitioner of his craft. Emeralds, sapphires and rubies are picked depending upon their personality, resulting in each jewel being of individual merit. Della Vale allows us to experience his craftsmanship through a dreamlike series of pictures that displ ay his blithe exuberance, modernity and personality. Santa Maria The deeply saturated blue color beryl known as Santa Maria is one of the rarest and most expensive varieties from the aquamarine species, they are named in honor of Santa Maria de Itabira, which is the site in Brazil where the first such stones were discovered in the 1950s. Together with the emerald, aquamarine is among the most popular varieties of the species.

108 A SET OF AQUAMARINE AND DIAMOND BANGLES, BY MICHELE DELLA VALLE Signed Mdv for Michele Della Valle no & HKD 480, ,000 USD 61,500-87,200

109 Collection of Elizabeth Taylor

110 This fine set of jewelry is a collection of precious materials including gold, white gold, diamonds, emerald, and rubies. Since its creation, it is destined to be extraordinary. It was originally designed by Baron Ricky di Portanova. He created the monkey necklace set, complete with golden bananas, as a surprise gift to his baroness, Sandra di Portanova. But this monkey jewelry set s next owner is who made it so famous. When the di Portanova jewels were sold after their deaths at auction in 2000, this jewelry set ended up in the hand of Michael Jackson, who later presented it as a gift to his dearest friend Elizabeth Taylor. The life long legendary friendship had been over 20 years. "I've met a lot of people in my life, and very few are real, real friends," Jackson said in a 1993 home video. "I can probably count them on one hand. Elizabeth is one of the most loving, loyal, caring people that I know." "Then we met, and spent more and more time with each other, and just became really good friends. Told each other everything," Taylor said in She also referred to their friendship as "the purest, most giving love I've ever known I don't think anyone knew how much we loved each other." Elizabeth Taylor is also very well known for her magnificent jewelry collection. She has an expert eye for craftsmanship, rarity, and quality in all of the items she chose. My mother says I didn t open my eyes for eight days after I was born, but when I did, the first thing I saw was her engagement ring. I was hooked! Since then Dame Elizabeth has acquired one of the greatest private collections of jewelry in the world, with pieces by such leading jewelers as Boucheron, Bulgari, Cartier, Chopard, Tiffany, Van Cleef & Arpels, and many more. At the beginning of the Chinese lunar year of the monkey, we hope this set of very rare and special jewelry will bring you eternal friendship and the best stories to tell in life. 109

111 A SUITE OF DIAMOND, EMERALD AND RUBY JEWELRY, BY MASSONI Ear pendants signed Massoni HKD 2,600,000-3,600,000 USD 333, ,

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116 Wallace Chan Wallace Chan is recognized today not only as the jewelry creator, but also an artist and a philosopher. He founded his own gemstone-carving workshop in 1974, when he was 17. Later in his career, he spent 8 years to experiment with titanium, the most bio-friendly metal known to date. He surprised Basel world 2007 with a series of jewelry creations featuring ethereal titanium structures, the technical secrets of which he later unveiled to the world. Chan was the first Chinese jewelry artist ever invited to exhibit and deliver speeches at the GIA headquarter. In 2012 and 2014, he emerged at the Biennale des Antiquaires in Paris as the first and only Asian artist ever invited to exhibit at this fair. In 2015, Wallace Chan had his solo exhibition at the Hong Kong Convention and Exhibition Centre, collaborated with Christie s. In 2016, Wallace Chan became the first Chinese jewelry artist to be invited to showcase his works in the renowned European Fine Art Fair (TEFAF), Maastricht. His works are also scheduled to be shown at Masterpiece, London this summer. We present to you lot 2594 designed by Wallace Chan. This yellow diamond ring has magical use of color and material. When it is viewed from the front, the contrasting color property of yellow and purple has been used to maximize the masterpiece visual impact. Set with a very warm and lively 5.00 carat fancy vivid yellow diamond, of the best color saturation on top of a beautifully and meticulously carved amethyst. The transparency of the amethyst allowed the scintillation of the pave-set diamonds beneath cleverly shine through. Further complimentarily set on both sides by two smaller fancy vivid yellow diamonds weighing 1.04 and 1.20 carats each. The body of the ring is made from titanium. It has many practical qualities other traditional materials such as good hardness and lightweight. But because of its hardness, it is very difficult to work on and only someone like Wallace who has a profound knowledge of metallurgy and gemology can achieves it! One will needs to take time and admiration in enjoying the meticulous relief sculptural work on the shank of the ring. This somewhat whimsical and magical ring design boasts creativity, design and technique. It is a typical style of Wallace Chan jewelry as art. I wanted to transform my dreams into beautiful feather-like jewels which captured the light and told their stories. They carry the message of the past to become the heritage of the future. Wallace Chan 115

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118 2594 A 5.00 CARAT FANCY VIVID YELLOW DIAMOND AND DIAMOND RING, BY WALLACE CHAN Designed as a marquise-cut fancy vivid yellow diamond weighing 5.00 carats, within diamond and yellow diamond surround, enhanced by a carved diamond and yellow diamond surround, to the brilliant-cut diamond and yellow diamond shoulders, to the carved titanium hoop, mounted in titanium, ring size 6 1 / Signed Wallace Chan Accompanied by report no dated March from the GIA stating that the 5.00 carat diamond is fancy vivid yellow, natural color, VS1 clarity; Also accompanied by report nos and dated August and July from the GIA stating that 1.04 and 1.20 carats are both fancy vivid yellow, natural color, VS1 clarity Please note that the report is more than 5 years old and might require an update HKD 4,500,000-6,500,000 USD 576, ,

119 CARTIER The name Cartier is synonymous with beautiful objects of quality and style. It was founded in Paris in1847 by Louis-Francois Cartier. The firm known as Cartier quickly became recognized for its exemplary workmanship and taste. Throughout the First World War Cartier continued to produce inventive and original designs. Cartier introduced many innovations into the jewelry market. Primarily known for their work with diamonds, the firm designed lavish pieces, often incorporating other stones in new and unusual settings for contrast and color. Sylvie Raulet writes about the atmosphere in Paris after WWI in Art Deco Jewelry (Rizzoli): After the First World War, all the arts participated in an unprecedented cultural revolution. The Golden Twenties witnessed an exceptional alliance of taste, talent and money. The Cartier firm reached dizzying heights of Art Deco splendor. Louis Cartier s fascination with exotic motifs led to the creation of diamond, ruby and platinum. Ever since then, Cartier has been using gem quality rubies for their extraordinary pieces. The prefect example was with the sunrise ruby ring, a 25.6 carat Burmese ruby mounted by Cartier, which was sold for US$30,335,698 at the Geneva auction, it is the most expensive colored gemstone and the most expensive gemstone other than a diamond that was sold in the public market, this sales record perfectly proven the quote from Jean-Baptiste Tavernier in 1676: When a ruby exceeds five carats, and is perfect, it is sold for whatever price is asked for it Named from the Latin word for its hue, rubens, meaning red. The gemstone ruby boasts exceptional beautiful color, and has come to represent the values of desire, passion and power. For centuries, the ruby has been regarded as one of the most valuable gemstones. The source of the world s finest rubies is Burma, whose pure-red rubies are regarded as precious treasure. For more than 800 years, the Mogok Stone Tract in Upper Burma has remained the classical source for the finest quality rubies. For rubies that have not undergone any thermal enhancement and are over 5 carats, they represent tremendous value, not to mention rubies over 10 carats. Their rarity is largely due to the fact that famous Mogok mines are yielding fewer and fewer stones of an important size. REFERENCE Richard W Hughes, Ruby and Sapphire, RWH publishing, Colorado Artist Biographies, (n.d) Retrieved from education.asp

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125 A CARAT BURMESE PIGEON S BLOOD RUBY AND DIAMOND RING, BY CARTIER Set with an cushion-shaped ruby weighing carats, to the brilliant-cut diamond gallery and hoop, mounted in platinum, ring size 6 1 / 4 Signed Cartier, no B Accompanied by report no dated 22 March 2015 from Gubelin, stating that the carat ruby is of Burma (Myanmar) origin, with no indications of heating; with Gubelin appendix to report no , stating that the natural ruby of ct described in the above mentioned Gubelin Gem Lab Report posesses a saturated and homogeneous color. In addition, this gemstone has been spared of thermal treatment. Such combination of characteristics is rare in natural Burma rubies of this size Also accompanied by report no dated 5 October 2015 from SSEF, stating that the carat is of Burma (Myanmar) origin, red of medium strong saturation, with no indications of heating Also accompanied by report no. GRS (Award No 1672) dated 7 October 2015, stating that the carat ruby is of Burma (Mogok, Myanmar) origin, vivid red color (GRS type pigeon s blood ), with no indications of thermal treatment Also accompanied by an appendix to Platinum Award NO. 1672, Report NO. GRS , stating that the magni cent gemstone is characterized by an extremely rare combination of size over 14 ct, excellent color, good clarity and brilliancy, and spared of thermal enhancement. is sumptuous ruby s provenance can be traced to the famous and prestigious mines of Mogok (Burma, Myanmar) that is the renowned source of the most recognized world-record gems. e ct magni cent pigeon s blood colored ruby is one of the largest ruby of this quality in the world. is ruby must be individually recognized for its beauty and rarity Also accompanied by report no dated November 2, 2015 from the GIA, stating that the carat ruby is of Burma (Myanmar) origin, with no indications of Heating; with a special letter from the GIA stating that the cusion mixed-cut ruby shows other characteristic features of Mogok rubies: red luminescence when exposed to ultraviolet radiation and chromium absorption lines in the visible spectrum. Another very important aspect of this ruby is that it has not been subjected to heat treatment. is is evidenced by unaltered inclusions and its spectroscopic features. e intact inclusions are typical of untreated Mogok rubies. Exsolved rutile takes on the morphology of ne short needles, o en referred to as nests in Mogok rubies. e coloring and physical properties of this ruby are distinctive. Most faceted Mogok Burma rubies are less than 5 carats. In addition to its size, this ruby has the further distinction of being untreated makes this ruby a truly notable gemstone HKD 18,000,000-26,000,000 USD 2,308,000-3,333,

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127 A JADEITE, DIAMOND AND BLACK DIAMOND PENDANT Designed as a elongated jadeite plaque measuring approximately x 9.28 x 4.48 mm, of emerald green color and good translucency, to the pear-shaped rose-cut diamond surmount and detail, further enhanced by a diamond and black diamond panda, mounted in 18K white gold, 4.5 cm high Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 68, ,000 USD 8,700-12, Designed as a black diamond monkey king, face set with yellow diamond with jadeite cabochon eyes, brilliant-cut diamond set arms and yellow gold hands holding a big fan set with a carved jadeite leaf of intense emerald green color and good translucency, within a brilliant-cut diamond surround, enhanced by a jadeite cabochon yellowish brown body and colorless jadeite collar and skirt, to the gold cloud walking boots, on a carved colorless jadeite cloud, mounted in 18K white, yellow and oxidized white gold, carved jadeite leaf measuring approximately x x 1.60 mm, 5.0 cm high Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the carved jadeite leaf is natural, known in the trade as A Jade HKD 150, ,000 USD 19,200-28,

128 Each set with a jadeite hoop of emerald green color and semi translucency, within an openwork diamond and tsavorite oval frame, suspended by a jadeite disc top, to a diamond center, mounted in 18K white and oxidized white gold, largest jadeite hoop measuring approximately x 4.03 x 5.07 mm, 4.3 cm long Accompanied by report no. SJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite hoop is natural, known in the trade as A Jade HKD 88, ,000 USD 11,300-16, Set with six carved jadeite plaques of near colorless material and very good translucency, enhanced by a carved jadeite hulu of light green tone, pear and round jadeite detail of emerald green to intense emerald green color and good translucency, to the diamond, sapphire and tsavorite shoulders, jadeite hulu measuring approximately x 8.96 x 3.81 mm, mounted in 18K white gold, ring size 6 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite hulu is natural, known in the trade as A Jade HKD 120, ,000 USD 15,400-20,

129 Designed as a lozenge-shaped jadeite plaque measuring approximately x x 4.68 mm, of bright green color and good translucency, within a brilliant-cut diamond, cabochon sapphires and circular-cut tsavorite surround, mounted in 18K white and oxidized white gold, ring size 7 1 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 180, ,000 USD 23,100-30,

130 depicting the God of Mercy holding a bottle in one hand and sitting on a lotus guanyin measuring approximately x x 8.36 mm Accompanied by report no. SJ dated 29 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the carving is natural, known in the traded as A Jade HKD 88, ,000 USD 11,300-16, Each set with a detachable oval jadeite cabochon of intense lavender color and good translucency, within a brilliant-cut diamond surround, suspended by an oval jadeite cabochon of emerald green color and good translucency, within a brilliantcut diamond surround, largest jadeite cabochon measuring approximately 9.57 x 8.40 x 4.28 mm, largest lavender jadeite cabochon measuring approximately x x 6.03 mm, mounted in 18K white gold, 3.2 cm long Accompanied by report no. SJ dated 29 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade Also acoompanied by report no. SJ dated 29 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the lavender jadeite is natural, known in the trade as A Jade HKD 180, ,000 USD 23,100-30,

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132 Comprising a ring, set with an oval jadeite cabochon measuring approximately x x 4.62 mm, of brilliant emerald green color and good translucency, within a pearshaped diamond surround, together with a pair of ear pendant of similar material en suite, mounted in 18K white gold, ring size 7 1 / 4, ear pendants, 4.4 cm long Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 880,000-1,100,000 USD 112, ,

133 Comprising a ring, set with an oval jadeite cabochon measuring approximately x x 6.30 mm, of brilliant emerald green color and good transparency within a brilliant-cut diamond surround, to the diamond shoulders; and a pair of earrings of similar material en suite, mounted in 18K white gold, ring size 6 3 / 4 Accompanied by report no. KJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 2,800,000-4,800,000 USD 359, ,

134 133

135 A JADEITE AND DIAMOND NECKLACE fring, all within a brilliant-cut diamond surround, spaced by brilliant and pearshaped diamonds, to the similarily-set diamond link backchain, mounted in 18K white gold, largest jadeite cabochon approximately x 8.23 x 4.65 mm, 41.0 cm long Accompanied by report no. KJ dated February from Hong Kong Jade & Stone Laboratory stating that the jadeite is natural. Known in the trade as A Jade. HKD 7,000,000-10,000,000 USD 897,400-1,282,000 Each set with a paisley-shaped curved jadeite plaque of brilliant emerald green color and very good translucency, within a brilliant and marquise-cut diamond surround, suspending a pear-shaped diamond fringe, to the pear jadeite cabochon of brilliant emerald green color and very good translucency, within a brilliant and marquise-cut diamond surround top, mounted in 18K white gold, largest jadeite plaque x 8.57 x 4.50 mm, 5.6 cm long Accompanied by report no. KJ dated February from Hong Kong Jade & Stone Laboratory stating that the jadeite is natural. Known in the trade as A Jade. HKD 1,350,000-1,800,000 USD 173, ,

136 135

137 approximately x x mm, inner diameter approximately mm Accompanied by report no. KJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite bangle is natural, known in the trade as A Jade HKD 12,000,000-20,000,000 USD 1,538,500-2,564,

138 This jadeite bangle resembles the traditional styling of all, using circular shape for both outer and inner circles. Though simplistic, it is considered the perfect form, and it has been expressed in both ancient poetry and modern pursuits. This jadeite bangle boasts the best type of stone quality with very fine interlocking internal structures and very good translucency. It is a worthy of a family collection over generations. 137

139 mirror, 17.5 x 8.5 x 4.5 cm, and a brooch designed as a yellow and diamond rose bud, set with calibrecut green glass and brilliant cut diamond leaves and stem, mounted in yellow gold 7.2 cm high Signed Bucellati HKD 120, ,000 USD 15,400-23, Each designed as a curved textured gold foliate plaques, mounted in 18K yellow gold, 6.8 cm long, in a Buccellati gray leather case Signed Buccellati HKD 28,000-48,000 USD 3,600-6,200

140 2610 Comprising a necklace, set with fourteen 18K gold wirework openwork circular and ring en suite, necklace 42.5 cm long, bracelet 20.0 cm long, ring size 6 1 / 4, each in a gray Buccellati leather case Signed Buccellatti HKD 130, ,000 USD 16,700-23,

141 Each designed as a sea urchin, set with spiky cone shaped sculpted yellow gold and spiky carved corals, mounted in 18K yellow gold, circa 1960 Signed Ti any & Co., Italy Publication: Living Jewels - Masterpieces from Nature, Ruth Peltason, Cover HKD 150, ,000 USD 19,200-28,

142 Tiffany & Co. This pair of brooch is designed by Tiffany. Coral and 18K gold has been meticulously carved into the shape of spikes on sea urchins. Although the pair was made in 1960s, they are still exceptionally charming and in fashionable today's time. They have been selected to appear on the cover of Living Jewels Materpieces from Nature by Ruth Peltason. There was a time when the well-attired woman wore dress clips. She d pin them to her dress or cardigan (imagine how these Tiffany clips would light up a black sheath or a winter white cashmere cardigan), clip them to a neck ribbon, to matching suit pockets, use them to jazz up a beret, or to swag or to cinch the strap on her evening gown. Their heyday was circa the 1930s through the 1950s, though some were worn into the early 1960s, this coral pair by Tiffany is remarkable for its rarity. 141

143 Fulco Di Verdura Fulco Santostefano, Duke of Verdura was born in 1898 into an aristocratic family in Palemo, Italy. Most of his youth was spent in Sicily, and later in Venice, leading a pampered life amid generations old splendor. In 1929 Verdura received an invitation from Chanel, which he readily accepted to design textiles for her in her Paris workshop. His real talent revealed itself when he redesigned Chanel s jewelry line. For Chanel Verdura created both costume and precious jewelry, his most notable creation was the Maltese Cross bracelet. As with much of his jewelry, the piece was meant to accent current fashions, but it also make subtle references to historical sources. In 1939, Cole Porter helped Verdura to set up his own exclusive store at 712 Fifth Avenue, a location that Cartier had inhabited 30 years earlier. In the two decades that followed, his success continued to grow. In 1954, Verdura opened a second location in Paris near the Place Vendome. The 1940 s and 50 s were Verdura s heyday. During this period he created his most celebrated designs, including voluminous bow and know motif pieces, puffed heart brooches, gemstones wrapped delicately in gold and massive colored stone parures. Some of Verdura s more unusual pieces during the 1950 s had maritime themes because of his great love for the sea. These include seashells and seahorses with precious stones. The glamorous jewelry gradually came back into fashion and was worn such celebrities as Oprah, Princess Diana, just to name a few. The Italian Duke, who has a street named after him in Palermo, would probably be very pleased with the use being made of the great Verdura legacy. 142

144 Designed as a stylized scroll motif, centering upon a cluster of eight oval-shaped rubies, suspending a brilliant-cut diamond swag and a pear-shaped ruby weighing 2.52 carats, within a brilliant-cut diamond surround, mounted in platinum and 14K yellow gold, circa 1951, in a Verdura blue leather case, accompanied by an original letter of authenticity from Verdura Signed Verdura, no Accompanied by report no. CS dated 12 March 2013 from the AGL stating that the 2.52 carat ruby based on available gemological information, it is the opinion of the Laboratory that the origin of this material would be classi ed as Burma, with no heat enhancement HKD 550, ,000 USD 70,500-96,

145 Oscar Heyman & Brothers One of the American Master Jeweler Oscar Heyman & Brothers Inc, is world renowned for their top quality materials, design and craftsmanship. Their floral brooches are the design house s most iconic creations. A collection of these won gold medals at New York s World Fair in Brothers Oscar and Nathan Heyman were sent off to be an apprentice from their hometown Latvia to Ukraine at the age of 13 and 16 years old. It was a five years of hardship working and training in their uncle s workshop, who produced materpieces for the Faberge workshops. They were skilled in working in platinum, a relatively new metal at the time. The two boys arrived in New York in Rumor as is, Oscar was the first non-french jeweller to work for Cartier. He brought with him the meticulous expertise required to produce the Russian Style jewelry, particularly the Garland style jewelry that was so fashionable, and closely ties Cartier and Faberge at the beginning of the 20th century. By 1912, the brothers established Oscar Heyman & Bros. in New York. The family took pride in their work, and managed a self-contained system of manufacturing high quality jewelry, right down to making their own tools. The design house is better known within the industry than it is to the public due to its history as a jeweler s jeweler. They earned this designation because they made pieces for the famous retail jewelry firms, like Cartier, Van Cleef & Arpels (who were their major accounts), Tiffany & Co., Black, Starr & Frost, Neiman Marcus and many others. For those in trade, the name Oscar Heyman & Bros. is synonymous with any of the famous jewelry houses, there is always added value for any piece signed OHB. Their most famous work in 1969, Oscar Heyman was commissioned by Cartier to create the exquisite setting for the carat Taylor-Burton diamond. The design was a v-shaped necklace composed of 53 graduated pear-shaped diamonds. Experts will say that any piece that comes from Oscar Heyman s workshop will no doubt be better crafted than it needs to be. They were credited with being the first American jewelry company to master the invisible setting, which was introduced to the US by Van Cleef & Arpels in They continued to make all the invisiblyset jewels in the US for Van Cleef & Arpels until the Arpels family sold the company to Compagnie Financiere Richemont S.A in Today, OHB continues to make magnificient invisbly-set jewels for other fine jewelry houses. Today, Oscar Heyman produces jewelry under its own name. A wonderful example of linking the past and the present are their famous flower brooches. Most of the mounting is three dimensional with curling leaves and unruly stems. Lot xxxx is a cushion-shaped carats natural unheated yellow sapphire and diamond ring, beautifully display one of the workmanship of the iconic pieces described. As Tom Heyman the third generation of Heymans so simply states their philosophy: We want to create jewelry the grandchildren fight over to keep, not pieces that heirs fight over to sell. That s an update version of Mr. Oscar Heyman s Jewelry should never be a candidate for redesign but should transcend time like a fine painting, never losing its appeal. 144

146 145

147 Designed as a brilliant-cut diamond frog, decorated with cabochon ruby eyes and cabochon emerald detail, mounted in 18K yellow gold, 5.9 cm high, in an Oscar Heyman black leather case With maker s mark for Oascar Heyman & Brothers, no HKD 88, ,000 USD 11,300-16, Designed as a brilliant-cut diamond rooster, enhanced by an emerald eye, ruby crown and wattle, with a polished gold beak, legs and feet, mounted in platinum and 18K yellow gold, 5.5 cm high, in an Oscar Heyman black leather case With maker s mark for Oascar Heyman & Brothers, no HKD 98, ,000 USD 12,600-19,

148 carats, within a brilliant-cut diamond undulating petals, mounted in platinum and 18K yellow gold, ring size 6 3 / 4, in an Oscar Heyman black leather case With maker s mark for Oscar Heyman & Brothers, no Accompanied by report no dated March from the AGTA stating that the carat yellow sapphire with no indications of heating Please note that the report is more than 5 years old and may need an update HKD 150, ,000 USD 19,200-25,

149 Of cross-over design, pave-set diamond panthere s head with pear-shaped emerald eyes and onyx nose, mounted in platinum, ring size 7 Signed Cartier, no HKD 160, ,000 USD 20,500-28, Designed as a pave-set brilliant-cut diamond panthere with swivelling head, enhanced by with onyx spots, nose and pear-shaped emerald eyes, mounted in 18K yellow gold, ring size 6 1 / 2 Signed Cartier, no HKD 350, ,000 USD 44,900-57,

150

151 Centering upon a chrysoberyl weighing 5.37 carats, within a pear rose-cut diamond and circular-cut sapphire surround, to the diamond-set undulating border and shoulders, mounted in 18K white gold, ring size 7 1 / 4 Accompanied by report no dated 5 March 2016 from the GIA, stating that the chrysoberyl is natural cat s eye alexandrite with color-changing from yellowish green to orangy brown HKD 38,000-58,000 USD 4,900-7, Composed of two strands of graduated aquamarine beads, measuring approximately from 4.50 mm to mm, to an oval-shaped ruby and brilliant-cut diamond clasp, mounted 18K white gold, 17.5 cm long Clasp signed Bulgari HKD 68, ,000 USD 8,700-12,800

152 Set with a drop-shaped ruby with a brilliant-cut diamond cap, to the brilliant-cut diamond link chain, mounted in platinum and 18K white gold, 40.5 cm long With Jacques Timey maker s mark for Harry Winston Accompanied by report no dated 5 March 2016 from the GIA stating that the ruby is Burma origin, with no indications of heating HKD 120, ,000 USD 15,400-23, Each set with a drop-shaped emerald, suspended by a line of vari-cut diamonds, mounted in 18K white gold, 4.1 cm long HKD 150, ,000 USD 19,200-25,

153 152

154 2622 Signed Bulgari HKD 280, ,000 USD 35,900-48, Signed Bulgari HKD 160, ,000 USD 20,500-28,200

155 2624 Signed Van Cleef & Arpels N.Y., no HKD 380, ,000 USD 48,700-61, Signed Van Cleef & Arpels N.Y., no Accompanied by report no. CS dated 7 December 2015 from the AGL stating that the carved emerald based on available gemological information, it is the opinion of the Laboratory that the origin of this material would be classi ed as Zambia, with moderate clarity enhancement HKD 480, ,000 USD 61,500-87,200

156 155

157 / 2 Accompanied by report no dated 21 September 2014 from the Gubelin stating that the 3.12 carat ruby is of Burma (Myanmar) origin, with no indication of thermal treatment Also accompanied by report number GRS dated 3 September 2014 from the GRS stating that the 3.12 carat is of Burma (Myanmar) origin, vivid red (GRS type pigeon s blood ) color, with no indication of thermal treatment HKD 780,000-1,000,000 USD 100, ,200

158 2627 Accompanied by report no. CDC dated 29 October 2013 from the C. Dunaigre stating that all one hundred and y six rubies altogether weighing carats are of Burma origin, with indication of thermal treatment Accompanied by report no. GRS dated 2 February 2015 from the GRS stating that all one hundred and y six rubies altogether weighing carats are of Burma origin, red to vivid red (GRS type pigeon s blood ), with heat treatment HKD 1,500,000-2,000,000 USD 192, ,400

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160 A PAIR OF 5.60 AND 6.01 CARATS BURMESE PIGEON S BLOOD RUBY AND DIAMOND EAR PENDANTS Red ruby is only second to diamond on the hardness scale. Maybe this is one of reasons why legends always associate it with life, blood, power, protection, love and passion. These mythical stories are passed on through thousands of years of history across race and region, making red rubies king of gems. Everyone loves red rubies. For oriental cultures, the color red is a symbol of good luck and blessings. In Burma, where the most sought-after red rubies are produced, in ancient times soldiers would follow a tradition of implant a piece of ruby in their bodies before going for a battle, in the hope of victory. In the capital city of Burma, Yangon, the top of Shwedagon Pagoda is decorated with 2317 pieces of rubies to symbolize nobility, love and glory. In European royal weddings, red ruby still appears regularly as the witness of a noble marriage. Natural ruby is mostly produced in Asian countries such as Burma, Thailand and Sri Lanka, while Africa and Australia have also found ruby deposits. Color is the most significant factor affecting a ruby s value. The finest ruby has a pure, vibrant red to slightly purplish red color. Among all ruby deposits, Burmese ruby produced in Mogok area has become synonymous with the best quality of all. It is most famous for pigeon blood rubies a term used to describe the highest red color saturation. Its mesmerizing red color is partly due to the presence of trace chromium element. Typical ruby include thin mineral inclusions called needles. When the mineral is rutile and needles are present in intersecting groups, it is called silk. Some inclusions can contribute positively to a gem s appearance. Because the presence of rutile silk causes light to scatter across facets and this adds softness to the color and spreads the color more evenly across the ruby s crown. After thousands of years of ruby mining, with the advantage of modern technology, most rubies on the market have undergone heat treatment in order to resemble the glamorous beauty of Burmese rubies. Nowadays, to find an unheated gem quality ruby over 5 carats is very rare, and it is one of the most popular gemstones in the investment market. We are thus very proud to present lot 2628 in this auction. It is a pair of unheated pigeon s blood Burmese ruby. They are 5.6 carats and 6.01 carats each and show very good fire and transparency. It also takes good time and luck to find 2 rubies with such good compatibility. The designer of this pair of earrings very generously accompanied these rubies with a total of carats grade D colorless diamonds. Almost all of these diamonds achieve VS2 on clarity scale. It is also designed to be incredibly minimal yet classic, bringing put the most magnificent of characteristics of the ruby gemstones. 159

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164 2628 With report no dated 11 March 2015 from the SSEF stating that the 5.60 and 6.01 carats rubies are both of Burma origin, with no indications of heating;with report nos and dated 15 February 2015 from the Gubelin stating that both 5.60 and 6.01 carats ruby are of Burma origin, with no indications of heating; Accompanied by two information sheets stating that Burma has long been recognised as the locality associated with the most desirable rubies in the world. Within Burma (Myanmar), the most famed region is the Mogok Valley, or Mogok Stone Tract, in the Pyin Oo Lwin district, North East of Mandalay: a small area of a few dozen square miles, of which only a portion is gem-bearing. Meanwhile, there are few more small deposits to the north of Mogok, such as Namya, that produce rubies with similar characteristics. Although it is uncertain when mining rst began, accounts indicate that rubies have been sourced in the Mogok area for well over a thousand years. e earliest surviving records of mining activity began in 1957, when the King of Burma took over the mines. Burmese rubies, especially the ones from Mogok, have since sustained the strongest renown. Mogok-type rubies typically possess a red body color and red V- uorescence. In addition, they may contain tiny amounts of light-scaterring rutile silk and a swirllike growth pattern. It is this combination of features which gives these rubies their characteristic appearance. With report no / 1 and 2 dated 25 September 2015 from the Gubelin stating that both rubies weighing carats are both of Burma origin, with no indications of heating;also accompanied by the same information sheet as above; With report no. GRS dated 11 August 2015 from the GRS stating that both the rubies weighing carats are of Burma origin, with no indication of thermal treatment; GIA nos. Weight Color Clarity D VS D VS D IF D VS D VVS D IF D IF D IF D IF HKD 15,000,000-22,000,000 USD 1,920,000-2,820,500

165 2629 HKD 15,000-25,000 USD 1,900-3,200 HKD 48,000-68,000 USD 6,200-8,700

166 2631 Accompanied with report no dated 5 March 2016 from the GIA stating that the rubies are of Burma (Myanmar) origin, with no indicatios of heating HKD 120, ,000 USD 15,400-23, HKD 150, ,000 USD 19,200-28,200

167 2633 HKD 68, ,000 USD 8,700-12, / 2 / HKD 75, ,000 USD 9,600-12,800

168 2635 HKD 75, ,000 USD 9,600-12,800

169 (Reduced Size) A CONCH PEARL, CULTURED PEARL AND DIAMOND RING, BY MIKIMOTO Centering upon a pink conch pearl within a cultured pearl and marquise-cut diamond surround, mounted in 18K yellow gold, ring size 7 HKD 120, ,000 USD 15,400-20,500 Comprising thirty-three pink fresh water culture pearls and thirty white south sea pearls, measuring approximately from to mm, spaced by diamond rondelles, to a circular-cut diamond clasp, mounted in 18K white gold, 66 cm long Accompanied by report no dated 23 July 2015 from the GIA stating that sixty-three pearls are saltwater and freshwater culture pearls, with a body color white and pink, all natural color HKD 68,000-88,000 USD 8,700-11,

170 2638 A TANZANITE AND DIAMOND PENDANT NECKLACE Designed as a graduated strand of tanzanite beads, accented by diamond links, centering upon a cabochon tanzanite weighing carats, within a two-row diamond surround, suspending a diamond and onyx cap and tanzanite bead tassel, to a clasp set with a cabochon tanzanite weighing 6.73 carats within a diamond surround, mounted in 18K white gold, 46.5 cm long HKD 160, ,000 USD 20,500-28,

171 2639 (Color Change) A SET OF RUBY AND DIAMOND JEWELRY, BY TIFFANY & CO. AND HARRY WINSTON First ring set with an oval-shaped ruby weighing 1.04 carats, to the baguette-cut diamond shoulders, second ring set with an oval-shaped ruby weighing 1.02 size 6 1 / 4 and 6 Signed Ti any & Co. With maker s mark for Harry Winston Accompanied by report no dated 7 October 2013 from the GIA stating that the 1.02 carat ruby is of Burma origin, vivid red color, with no indications of heating HKD 120, ,000 USD 15,400-20, A 3.28 CARAT ALEXANDRITE AND DIAMOND RING side by marquise and brilliant-cut diamond foliate motifs, to the brilliant-cut diamond borders, mounted in platinum, ring size 7 Accompanied by report no dated 5 March 2016 from the GIA, stating that the chrysoberyl is natural alexandrite, with color-changing from blue-green to purple HKD 180, ,000 USD 23,100-33,

172 A RUBELITTE AND DIAMOND CRANE BROOCH carats, extending diamond wing and legs, enhanced by a cabochon ruby eye, mounted in 18K white gold, 12.4 cm high HKD 260, ,000 USD 33,300-41, A CARAT ZAMBIAN EMERLAD AND DIAMOND RING Set with a cabochon emerald weighing carats, within a brillaint-cut diamond surround, to the brilliant-cut diamond bifurcated shoulders, mounted in platinum, ring size 6 Accompanied by a report no. GRS dated 29 May 2015 from the Gubelin stating that the carats emerlad is of Zambia origin, with indications of minor clarity enhancement HKD 420, ,000 USD 53,900-70,

173 A 3.64 ZAMBIAN EMERALD, PARAIBA AND DIAMOND RING Centering upon a circular-cut emerald weighing 3.64 carats, within the ovalshaped paraiba and briolette sapphire two-tiered surround, to the brilliant-cut diamond gallery and hoop, mounted in 18K white gold, ring size 5 1 / 2 Accompanied by report no. CDC dated 2 July 2012 from the C. Dunaigre stating that the 3.64 carat emerald is of Zambia origin, with indications of minor clarity enhancement HKD 88, ,000 USD 11,300-16, A PAIR OF EMERALD AND DIAMOND EAR PENDANTS Each designed as a lozenge-shaped panel set with round and pear-shaped rosecut diamonds, centering upon an oval-shaped emerald weighing 4.54 carats in total, suspended by a pear-shaped rose-cut diamond top, mounted in 18K white gold, 4.3 cm long Accompanied with a GIA report HKD 150, ,000 USD 19,200-28,

174 A 2.05 CARAT PADPARADSCHA SAPPHIRE AND DIAMOND RING Centering upon a cushion-shaped padparadscha sapphire weighing 2.05 carats, within the oval-shaped and brilliant-cut diamond surround, mounted in 18K white gold, ring size 6 Accompanied by report no. GRS dated 8 March 2013 from the GRS stating that the 2.05 carat padparadscha sapphire is of Madagascar origin, with indication of heat treatment Also accompanied by report number Ej dated 22 December 2012 stating that the padparadscha sapphire is natural corundum with indication of heating. HKD 98, ,000 USD 12,600-19, A 2.72 CARAT BURMESE RUBY AND DIAMOND RING within a vari-cut diamond petals to the brilliant-cut diamond hoop, mounted in 18K white gold, ring size 5 1 / 2 Accompanied by report no. GRS dated 2 February 2015 from the GRS stating that the 2.72 carat ruby is of Burma origin, with no indication of thermal treatment HKD 280, ,000 USD 35,900-46,

175 A 2.64 CARAT BRAZILIAN PARAIBA TOURMALINE AND DIAMOND RING Set with a circular-cut paraiba tourmaline weighing 2.64 carats, to the brilliant-cut diamond hoop, and a brilliant-cut diamond band en suite, mounted in platinum, ring size 4 1 / 2 Accompanied by report no dated 1 March 2016 from GIA stating that paraiba tourmaline is of Brazil origin, with clarity enhanced. HKD 240, ,000 USD 30,800-46,

176 (Color Change) A 6.78 CARAT ALEXANDRITE AND DIAMOND RING Set with an oval-shaped alexandrite weighing 6.78 carats, within a brilliant-cut diamond surround, to the brilliant and baguette-cut diamond shoulders, mounted in platinum, ring size 6 1 / 2 Accompanied by report no dated 6 May 2015 from the Gubelin stating that the 6.78 carat alexandrite of Brazil origin, with no indications of treatment HKD 600, ,000 USD 76, ,

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178 A 3.53 CARAT BURMESE PIGEON S BLOOD RUBY AND DIAMOND RING Centering upon an oval-shaped ruby weighing 3.53 carats, within the brilliant and marquise-cut diamond surround, mounted in 18K white gold, ring size 6 Accompanied by report no dated 7 November 2014 from the GIA stating that the 3.53 carat ruby is of Burma origin, the color appearance of this stone is described in the trade as Pigeon s Blood, with no indications of heating Also accompanied by report no dated 11 march 2015 from the SSEF stating that the 3.53 carat ruby is of Burma origin, the color of this ruby may also be called pigeon blood red in the trade, with no indications of heating HKD 880,000-1,280,000 USD 112, ,

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182 A CARAT BURMESE ROYAL BLUE SAPPHIRE AND DIAMOND RING diamonds, mounted in white gold, ring size 7 1 / 2 Accompanied by report number dated 22 March 2013 from Gubelin stating that the carats sapphire is of Burma (Myanmar) origin, with no indication of heating, blue color, this color variety of sapphire may also be called Royal Blue in the trade Also accompanied by report no dated 5 March 2016 from the GIA, stating that the sapphire is of Burma (Myanmar) origin, with no indication of heating, the color appearance of this stone is described in the trade as Royal Blue HKD 1,200,000-1,800,000 USD 153, ,

183 A RARE CARAT RUBY AND DIAMOND RING by half moon-shaped diamonds, mounted in platinum and 18K yellow gold, ring size 5 1 / 4 Accompanied by report no dated 30 November 2015 from the GIA stating that the carat ruby is of Tajikistan origin, with no indications of heating HKD 580, ,000 USD 74, , A CARAT COLOMBIAN EMERLAD AND DIAMOND RING Set with a cabochon emerald weighing carats, to the brilliant-cut diamond gallery and half hoop, mounted in platinum, ring size 6 Accompanied by a report no dated 18 February 2015 from the Gubelin stating that the carats emerlad is of Colombia origin, with indications of minor clarity enhancement HKD 750,000-1,000,000 USD 96, ,

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188 A CARAT SAPPHIRE AND DIAMOND RING 1 / 4 Accompanied by report no dated 31 July 2014 from the Gubelin stating that the carat sapphire has no indications of heating Also accompanied by an information sheet stating that large sapphires of gem-quality are rarely found in nature. Not only is a delicate mineralogical balance essential for this blue variety of corundum to be formed deep within the earth, but speci c geological conditions as well as adequate pressure and temperature must also be present. Furthermore, the su cient supply of a rare combination of chemical elements, such as aluminium, iron and titatium, are yet another necessity required for the formation of sapphires. Over the past decades, various heating techniques, as well as the use of chemical additives, have become increasingly sophisticated to raise the supply of sapphires resembling the high-quality untreated specimens. e aim of these treatments was and still is to improve the visual appearance of the gemstones. Prior to the advent of modern heating techniques, rough sapphires were cut and polished retaining the quality that nature had originally endowed them with. erefore, in earlier times, sapphires with obvious imperfections were considered and accepted as the norm. However, the expectations with respect to quality (colour and transparency) rose steadily ever since. e demand for natural, unheated sapphires kept growing while the supply of such gems remains limited, making large, natural sapphires of gem-quality from all major sources, such as Kashmir, Burma (Myanmar), Sri Lanka, Madagascar, and Tanzania, di cult to nd. e sapphire described in the above mentioned Report possesses a combination of gemmological characteristics which does not permit a su ciently secure identi cation of origin.conclusions regarding origin are drawn based on comparisons with the internal characteristics, as well as physical and chemical properties recorded for reference stones of known identity, the results of continuing research led by the Gubelin Gem Lab, and gemmoligical knowledge published to date. Gemstones from di erent geological sources may reveal a tell-tale combination of characteristic inclusion patterns, absorption spectra and trace-element compositions that allows for the determination of their origin. However, the combination of date may not, in all instances, provide the necessary basis for an origin determination. When such a case arises, the Gubelin Gem Lab does not commet as to the origin of the gemstone. Also accompanied by report no dated 27 August 2014 from the SSEF, stating that the 16 carat (approximately) sapphire is of blue of strong saturation color, with no indication of heating Also accompanied by report no. GRS dated 7 August 2012 from the GRS, stating that the 16.7 carat sapphire is of Didy (Madegascar) origin, vivid blue color (GRS type royal blue ), with no indications of thermal treatment HKD 2,200,000-2,800,000 USD 282, ,

189 A 6.11 CARAT COLOMBIAN EMERALD AND DIAMOND RING 1 / 4 Accompanied by report no. GRS dated 8 December 2015 stating that the 6.11 carat emerald is of Colombia origin, with insigni cant clarity enhancement; Also accompanied by an appendix stating that the 6.11 carat is reminiscent in hue of the varieties displaying the legendary colors found in the world renowned Muzo mines. ey are formally described as Muzo Green and commonly known in the trade as Old Mine emeralds HKD 160, ,000 USD 20,500-28,

190 A PAIR OF 4.65 AND 4.84 CARATS COLOMBIAN EMERALD AND DIAMOND EAR PENDANTS Accompanied by report nos and dated 30 October 2014 from the Gubelin stating that the 4.65 and 4.84 carats emeralds are both of Colombia origin, with indications of minor clarity enhancement HKD 1,000,000-1,500,000 USD 128, ,

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192 Emerald is a variety of the mineral Beryl. Only those with higher than medium color saturation can be considered as having gemstone quality. Among one million pieces of Beryl stone mined, only one piece can be classified as Emerald. They possess the ability to emit naturally warm and mesmerizing green light in every environment and under all lighting sources and intensities. Humankind has been mining Emeralds and appreciating its beauty for thousands of years. Cleopatra, the latest active pharaoh of Ptolemaic Egypt, is well known for her passion towards Emeralds because of its magical symbolism of good luck and well being. There has been even discoveries of a large Emerald mine named after her in ancient Egypt. In Ming dynasty, emperors regarded it as precious as Chrysoberyl cat s eye gems, and they formed essential part of the crown jewels. The green color of Emerald comes from trace amounts of chromium elements. During the extreme complex and violent processes of geological formations, rare crystallization processes of otherwise unrelated earthly elements occur. Due to this complexity of Emerald s forming condition and process, it is very rare for emerald to appear as large and clear formations. They tend to have numerous inclusions and fissures, which are romantically described as Jardin (French for Garden ). These imperfections are unique to every emerald and are key to determine a gemstone s origin. Colombia is by far the largest mining country for emeralds. It produces emeralds famous for their intense color and gem quality. Lot xxx offered in this auction is a necklace and earrings set made of emeralds totaling carat in weight and colorless diamonds. According to Gubelin certificates, there are 17 large pieces of emeralds used in this set, among which 11 are more than 5 carats, more astonishingly, 6 of them weigh more than 10 carats. Each emerald has its unique hue, to have collected 17 of the same color tone and matching earring, one would need extraordinary patience and luck. The design of this set is also very aesthetically pleasing. The facets of the many colorless diamonds reflect numerous twinkling green lights of the emeralds. These are also accompanied by small emeralds beads, which makes the whole necklace full of joy. Its femininity and liveliness is guaranteed to touch many hearts. This set of jewelry perfectly showcases the curve of the neckline, therefore is a very popular type of design seen on red carpets worn by Hollywood stars. A gemologist has commented: Such a magnificent necklace is extremely rate and worth a royal collection in its special appendix to the certificates. 191

193 EMERALDS CERTIFICATES FOR THE NECKLACE DIAMOND CERTIFICATES FOR THE NECKLACE 192

194 EMERALD CERTIFICATES FOR THE RING EMERALD CERTIFICATES FOR THE EARRINGS DIAMOND CERTIFICATES FOR THE EARRINGS 193

195 2656 A MAGNIFICENT SUITE OF COLOMBIAN EMERALD AND DIAMOND JEWELLERY, 1 / 2 Necklace: Accompanied by report no. GRS dated 26 October 2015 from the GRS stating that all een emeralds weighing carats are all of Colombia origin, with insigni cant to minor clarity enhancement Also accompanied with een reports from Gubelin stating that all een emeralds are of Colombia origin, with minor clarity enhancement (Refer to table for further information) Earrings: Accompanied by report no. GRS dated 26 October 2015 from GRS stating that the two emeralds weighing carats are all of Colombia origin, with minor to moderate clarity enhancement Also accompanied by report no and dated 25 June 2015 and 12 September 2014 respectively stating that the and carats emeralds are of Colombia origin with minor clarity enhancement Also accompanied by an appendix stating that the necklace with a color matching set of vivid green emeralds of excellent quality. Such a magni cient necklace is extremely rare and worth a royal collection Ring: Accompanied by report no dated 9 January 2015 from the Gubelin, stating that the carat emerald is of Colombia origin, with indications of minor clarity enhancement HKD 18,000,000-26,000,000 USD 2,308,000-3,333,

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197 A 5.05 CARAT FANCY GRAY DIAMOND RING Accompanied by report no dated 15 April 2015 from the GIA stating that the 5.05 carat diamond is fancy gray, natural color, SI2 clarity HKD 550, ,000 USD 70,500-96, DIAMOND RING 1 / 2 Accompanied by report no dated 29 April 2009 from the GIA stating that the 3.61 carat diamond is fancy brown-purple, natural color, SI clarity Please note that the report is more than 5 years old and might require an update HKD 980,000-1,280,000 USD 125, ,

198 A COLOUED DIAMOND AND DIAMOND RING 1 / 4 Accompanied by report no dated 15 June 2015 from the GIA stating that the 5.02 carat diamond is Y-Z color, VS2 clarity HKD 380, ,000 USD 48,700-70, A PAIR OF FANCY INTENSE YELLOW DIAMOND EARRINGS Accompanied by report no dated 13 May 2008 from the GIA stating that the 2.12 carat diamond is fancy intense yellow, natural color, VS2 clarity Also accompanied by report no dated 16 February 2007 from the GIA stating that the 1.92 carat diamond is fancy intense yellow, natural color, VS1 clarity Please note that the report is more than 5 years old and might require an update HKD 550, ,000 USD 70, ,

199 AN 8.88 CARAT, D COLOR, INTERNALLY FLAWLESS DIAMOND RING Set with a brilliant-cut diamond weighing 8.88 carats, to the plain hoop, mounted in 18K white gold, ring size 5 3 / 4 Accompanied by report no dated 10 September 2015 from the GIA stating that the 8.88 carat diamond is D color, IF clarity, with excellent cut, polish and symmetry HKD 6,800,000-8,800,000 USD 871,800-1,128,

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201 In May 2014, this particular diamond had the pleasure of being invited to exhibit in the GIA exhibit The Beauty of Science: Gems & Gemology Celebrates 80 Years at GIA s headquarters in Carlsbad California. In the letter from GIA Museum curator Terri Ottaway, he says: The ring was much appreciated by the thousands of people who viewed the exhibit, many of whom had never seen such a large diamond. They were very dazzled, to say the least! This diamond ring is a masterpiece by American jeweler Scarselli. In twentieth century Italy, the Scarselli family hand selected diamonds for their extraordinary rings, necklaces and accessories. Their reputation as diamond experts grew and Scarselli flourished in Italy and throughout Europe. In 1955 Scarcelli was introduced to America. For the last half century, the second and third generations of Scarsellis have been producing and selling some of the world s highest quality yellow, blue and pink diamonds available on the market. They are now known around the globe as masters in the art of colored diamonds. The formation of a diamond s illuminating brightness takes pressure, fire, violence and the slightest pinch of chance. When carbon atoms are substituted by nitrogen atoms, the diamond absorbs blue and purple lights and appear yellow. The different tones of yellow can range widely. The yellow color is like an early summer s sunrise, unleashing unparalleled radiance of joy. Yellow diamonds account for only 0.1% of all natural diamonds. For all those classified as a yellow diamond, according to the GIA's statistics, only less than 5% will achieve the highest color grade of being fancy vivid yellow. We are very proud to present Lot 2662 in this auction. The diamond on the ring has been rated by GIA as fancy vivid yellow. The carat weight for this diamond is a astounding Its clarity is rated at VVS1, while boasting a good symmetry and finish. Hold the ring in front and by slowly turning it, one can take time and appreciate its quality in terms of optical performance. This diamond shows amazing brilliance and fire by reflecting and refracting the surrounding panorama of light to the viewer s eye in a mosaic and artistic composition, possessing both vibrancy and vitality. 200

202 THE ONE The chosen stone by the GIA exhibition The Beauty of Science: Gems & Gemology Celebrates 80 Years

203 202 (personal contact not shown)

204 GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GIA REPORT Verify this report at gia.edu GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GIA COLORED DIAMOND REPORT GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA GEMOLOGICAL INSTITUTE OF AMERICA ADDITIONAL INFORMATION 203

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206 AN IMPRESSIVE CARATS FANCY VIVID YELLOW DIAMOND AND DIAMOND RING, BY SCARSELLI Accompanied by report no from the GIA stating that the carats diamond is fancy vivid yellow, natural color, VVS1 clarity Exhibit: e Beauty of Science: Gems & Gemology Celebrates 80 Years, GIA Headquarters (Carlsbad, California), May 2014 HKD 11,000,000-16,000,000 USD 1,410,300-2,051,

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208 Blue diamonds are among the rarest colored diamonds existing in the world today. The Smithsonian Museum of Natural History estimates that only 1 in 200,000 diamonds discovered has any hint of blue at all. It is the unusual formation from billions years of geological coincidences and structural composition that makes the blue diamonds rare and unique. Blue diamonds are more rare than the pinks. There is a saying that 1 natural blue diamond comes in the auction market for every 100 Picasso paintings. Blue diamonds have such a unique color that cannot describe in worlds but only drown in it. It is the color of the sea and sky, and is often associated with the concept of truth, wisdom and sincerity. Almost all the blue diamonds fall into the rarest Type II category, structurally the purest of all diamonds. Free from the more common nitrogen impurities within the crystal lattice found in Type I diamonds. Type IIa diamonds contain almost no impurities at all, while Type IIb diamonds, trace qualities of the element boron exist. It is this existence of boron atoms within the carbon crystal structure that gives these diamonds unusual semiconducting properties, the rare blue color. Lot 2663 is a 3.80 carats fancy vivid blue diamond ring, a rare and exclusive beauty that carries a pure blue hue. For various reasons, most natural blue diamonds exhibit a gray color modifier. However, the effect of a secondary color is non-existent in this case, which adds to its rarity. Only a diamond has this richness and depth of its evenly-distributed inherent blue body color, and hue that is a beautiful balance of tone and saturation, can then qualify for the Fancy Vivid color grading from the GIA. The diamond is important not only because it is a rare collector's specimen, but also it is a good wearable size. It is so captivating that it will light up your every day with its dazzling and brilliant sparkles. The breathtaking beauty at your fingertip is guaranteed to make every treasured moment count. 207

209 Fancy color diamonds are a class that demonstrates many unique characteristics that other assets do not. They are durable, easy to conceal, transportable, and not subject to cartel control. There is no shelf life, they never lose their luster or shine and will look as good as new 100 years from the time they are originally polished. They have well established valuation methods, and can be appreciated and utilized on a daily basis. Blue, the color of nobility, is amongst the rarest and most expensive of fancy color diamonds. The price per carat for fancy vivid blue diamonds has significantly increased over the past 10 years, over the past few years, fancy vivid blue color diamond have broken more and more records at different auction houses, with regards to price paid, they have proven time and time again their dominating strength as excellent alternative investments. The graph below shows the price increase in Fancy Vivid Blue diamonds of sizes between 3ct-5ct in auctions between the years

210 A fancy color diamond is affected by a combination of so many factors, including: Color: colored diamonds are among the most coveted in the gem and jewelry industry and are often referred as the ultimate gem. In grading colored diamonds, the measure of the C representing color far surpasses other C s importance. The GIA system for color grading colored diamonds was intricately designed with the knowledge that different hues occur at varying depths of color. Carat Weight: The carat is the standard unit of weight for diamonds, as well as most other gemstones. One metric in two-tenths (0.2) of a gram, just over seven thousandths (0.007) of an ounce; one ounce contains almost 142 carats. In today s industry, the weight of a diamond is measured with exactitude on electronic scales weighing precisely to the ten-thousandth of carat. Clarity: Few objects in nature are prefect. Most diamonds possess internal or surface-reaching features, called inclusions, and surface irregularities called blemishes. While flawless diamonds do exist, it is possible to work a lifetime in the gem industry without ever witnessing one. Cut: The fashioning of a colored diamond s rough into a gleaming gem is entrusted to only the most skilled cutters in the trade, as cut can influence the color appearance, and ultimately, its overall value. While many might consider a diamond s cut to be its shape (such as round, oval, pear, or marquise), as a value factor, cut also refers to a diamond s proportions, symmetry and polish. 209

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212 In every diamond... there is a dream

213 AN EXTRAORDINARY 3.80 CARAT FANCY VIVID BLUE DIAMOND AND PINK DIAMOND RING 1 / 2 Accompanied by report no dated 5 February 2015 from the GIA stating that the 3.80 carat diamond is fancy vivid blue, natural color, VVS2 clarity Also accompanied by an appendix stating that scientists classify diamonds into two main types - type I and type II - based on the presence or absence of nitrogen which can replace carbon atoms in a diamond s atomic structure. ese two diamond types can be distinguished on the basis of di erences in their chemical and physical properties. Type II diamonds contain little if any nitrogen and they are subdivided into two groups (IIa and IIb) both of which are quite rare (reportedly less than 2% of all gem diamonds fall into the type II category) According to the records of the GIA Laboratory, the 3.80 carat round cornered rectangular modi ed brilliant diamond described in GIA Colored Diamond Grading Report has been determined to be a type IIb diamond. Type IIb diamonds are very rare in nature (from our experience, less than one half of one percent) and contain small amount of boron that can give rise to a blue or gray coloration. An unusual property of type IIb diamonds is that they are semi-conductors and conduct electricity. Historically, the ancient mines of India produced occasional blue diamonds but today the most signi cant source is limited to the Cullinan (formerly Premier) Mine in South Africa.Among famous gem diamonds, the carat Idol s Eye and the carat Hope are examples of type IIb HKD 48,000,000-66,000,000 USD 6,153,900-8,461,

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215 A SET OF JADEITE AND DIAMOND JEWELLERY 1 / 2 Accompanied by report no. SJ dated February from Hong Kong Jade & Stone Laboratory stating that the jadeite is natural. Know in the trade as A Jade. HKD 48,000-80,000 USD 6,200-10, A JADEITE AND DIAMOND RING 1 / 2 Accompanied by report no. SJ dated February from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural. Know in the trade as A Jade HKD 58,000-88,000 USD 7,400-11,

216 A JADEITE AND DIAMOND RING 1 / 4 Accompanied by report no. SJ dated 29 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 160, ,000 USD 20,500-28,

217 A JADEITE AND DIAMOND RING 3 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 55,000-75,000 USD 7,100-9, A JADEITE AND DIAMOND RING 1 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 45,000-65,000 USD 5,800-8,

218 A JADEITE BANGLE Accompanied by report no. SJ dated 15 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite bangle is natural, known in the trade as A Jade HKD 88, ,000 USD 11,300-16,

219 A CARVED JADEITE HORSE AND MONKEY WITH A WOODEN STAND Accompanied by report no. SJ dated 29 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the carving is natural, known in the trade as A Jade HKD 58,000-88,000 USD 7,400-11, A JADEITE BANGLE Accompanied by report no. SJ dated February from Hong Kong Jade & Stone Laboratory stating that the jadeite is natural. Know in the trade as A Jade. HKD 70, ,000 USD 9,000-12,

220 A JADEITE BANGLE Accompanied by report no. SJ dated 15 January 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite bangle is natural, known in the trade as A Jade HKD 120, ,000 USD 15,400-23,

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222 A GROUP OF JADEITE CARVINGS Accompanied by report no. SJ dated 1 March 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known as A Jade in the trade HKD 180, ,000 USD 23,100-35,

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224 A JADEITE AND DIAMOND PENDANT NECKLACE Accompanied by report no. KJ dated February from Hong Kong Jade & Stone Laboratory stating that the jadeite is natural. Know in the trade as A Jade. HKD 1,600,000-2,200,000 USD 205, , A SET OF JADEITE AND DIAMOND JEWELLRY 1 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 980,000-1,500,000 USD 125, ,

225 A JADEITE AND DIAMOND RING Set with a thick jadeite plaque measuring approximately x 8.37 x 6.82 mm, of light emerald green color and good translucency, to the diamond-set shoulders, mounted in 18K white gold, ring size 6 1 / 4 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite plaque is natural, known in the trade as A Jade HKD 65,000-85,000 USD 8,300-10, A JADEITE AND DIAMOND RING Set with an oval jadeite cabochon measuring approximately x x 8.03 mm, of emerald green color and good translucency, within the tapered baguette and marquise-cut diamond undulating surround, mounted in platinum, ring size 6 1 / 4 Accompanied by report no. SJ dated 31 July 2015 from the Hong Kong Jade & Stone Laboratory stating that the jadeite is natural, known in the trade as A Jade HKD 98, ,000 USD 12,600-19,

226 (Reduced Size) A CARVED JADEITE BEAUTY PLAQUE, BY LIAO HUIBIN Accompanied by report no. SJ dated 1 March 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite beauty plaque is natural, known in the trade as A Jade HKD 220, ,000 USD 28,200-35,

227 A LARGE JADEITE SADDLE RING tsavorite, sapphire and diamond double hoops, enhanced by jadeite cabochon detail, saddle measuring approximately x x x mm, saddle ring size 9 1 / 2 Accompanied by report no. SJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the saddle jadeite ring is natural, known in the trade as A Jade HKD 950,000-1,500,000 USD 121, ,

228 Chinese jadeite carvings always embody many wonderful meanings, including love, righteousness, wisdom, bravery or purity. These connotations are expressed in their shapes and forms. Lot 2679 is a large lavender jadeite saddle ring. The origin of the saddle shape can be traced back to the Qing dynasty, when people would commemorate the heroes on horse that conquered the world. Jadeites play a truly important role in Chinese live not only in forms of showing off wealth, but also to express spiritual pursuits. The saddle ring has now come back to fashion with a meaning of peace and luck. Its bright lavender color is accompanied by a mysterious tint of blue, while the good translucency brings unparalleled charm

229 A SUPERB JADEITE BUDDHA PENDANT Designed as a very well carved jadeite laughing Buddha measuring approximately x x 7.88 mm, of brilliant emerald green color and very good translucency, suspended by a brilliant-cut diamond surmount, mounted in 18K white gold, 4.4 cm high Accompanied by report no. KJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the carving is natural, known in the trade as A Jade HKD 3,800,000-5,800,000 USD 487, ,

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231 A VERY FINE SET OF JADEITE AND DIAMOND JEWELLERY Comprising a pendant, set with two elongated jadeite plaques, of brilliant emerald green color and very good translucency, within a brilliant-cut, oval and pear-shaped diamond surround, suspended by a heart-shaped diamond and a diamond-set ribbon motif arch link surmount; largest jadeite plaque measuring approximately x 8.30 x 5.46 mm, together with a pair of earrings similar material en suite, may also interchangeable with the pendant and worn as a pair of ear pendants, mounted in 18K white gold, 7.0 cm high Accompanied by report no. KJ dated 26 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite plaque is natural, known in the trade as A Jade HKD 4,800,000-6,800,000 USD 615, ,

232 2681 (as ear pendants) 231

233 An Important Double-Strand Jadeite Bead Necklace, Clasp Signed by Cartier 232

234 233

235 234

236 2682 CLASP SIGNED BY CARTIER and very good translucency, measuring approximately 6.52 to 8.88mm, to a detachable vari-cut diamond clasp, the front gathered by two vari-cut diamond plaques, mounted in platinum, clasp signed Cartier Clasp signed Cartier London and numbered HSA 1570 Accompanied with a report from the Hong Kong Jade & Stone Laboratory HKD 23,000,000-35,000,000 USD 2,948,700-4,487, (Reduced Size) 235

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242 2683 AN EXTREMELY RARE AND HIGHLY IMPORTANT JADEITE AND DIAMOND PENDANT Designed as a thick rounded tapered rectangular jadeite plaque measuring approximately x x 9.46 mm, of vivid emerald green and high translucency, suspended by a brilliant-cut diamond surmount, mounted in 18K white gold, pendant 6.1 cm high With report no. KJ dated 29 February 2016 from the Hong Kong Jade & Stone Laboratory stating that the jadeite plaque is natural, known in the trade as A Jade With report no dated 16 February 2016 from the Gubelin stating that the jadeite plaque is natural jadeite jade, with no indications of treatment and comments that this type of jadeite jade may also be called Imperial Jade in the trade. is term refers to the nest specimen of Type A jadeite jadealso accompanied by an appendix stating that in the fascinating world of gemstones, jade has always held a very special place. Presumably deriving from the French word pierre de le ejade or from the Spanish conquistadors expression piedra de hijade, the term Jade actually encompasses two di erent minerals; Nephrite and Jadeite. e history of jade covers a period of time dateing back over 4000 years and a geographical area spreading over 4 continents: North America, South America, Asia and Australia. However, the most well known story this exquisite stone tells is buried deep within the history of China. ere, jade has always been valued more highly than any other precious stone, and was treasured as the royal gemstone call the Yu. It was believed that the gem possessed many virtues such as healing powers, good luck, prosperity, longevity, happiness and love. Jade is o en carved into characters and symbols endowing the piece and its bearer with the according symbolic powers. e Chinese became exceptionally skilled in jade carvings and specialists in jade jewellery; their expertise has to date not been overtaken by any other culture. e colour contrasts in which jadeite is found range through a variety of greens, mauve, yellows, white and black. However, the most sought a er colour is a deep, emerald green colour referred to as imperial green which is found nearly exclusively in the jadeite-jade deposits of Myanmar (Burma). nlike the usual sparkle of a cut gemstone, jade has a distinct glowing e ect, caused by the gem s translucency. e light is caught within the stone and re ected back in an even manner. e colour, size and translucency are striking in the impressive jadeite described in the above mentioned Gubelin Gem Lab report. e described jadeite displays a richly saturated and evenly distributed imperial green colour, combined with the size and a high degree of translucency, making it a piece of outstanding beauty and importance. 241

243 AN IMPORTANT JADEITE BANGLE inner diameter approximately mm Accompanied with a report from the Hong Kong Jade & Stone Laboratory HKD 6,800,000-10,000,000 USD 871,800-1,282,

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245 244

246 245

247 2685 HKD 28,000-48,000 USD 3,600-6,

248 A WHITE NEPHRITE AND DIAMOND RING HKD 28,000-48,000 USD 3,600-6,

249 2687 A JADEITE AND ENAMEL RING HKD 28,000-48,000 USD 3,600-6,

250 SAPPHIRE AND DIAMOND BROOCH HKD 28,000-48,000 USD 3,600-6,

Sale 421 Lot 184 A Fine Platinum and Diamond Necklace, Van Cleef & Arpels, with a Detachable Cultured Pearl and Diamond Pendant, consisting of a

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