Press | Phillips

09 March 2026

EXCEPTIONAL GEMSTONES AND DIAMONDS LEAD PHILLIPS’ HONG KONG JEWELS AUCTION ON 30 MARCH

PRESS RELEASE

 

EXCEPTIONAL GEMSTONES AND DIAMONDS LEAD PHILLIPS’ HONG KONG JEWELS AUCTION ON 30 MARCH
 

9.22-carat No Oil Colombian Emerald and Diamond Ring

Estimate: HK$4,800,000–6,500,000/ US$640,000–833,000

 

HONG KONG – 9 March 2026 – Phillips will present a curated selection of rare and important jewels during Hong Kong Art Month this March, anchored by the Hong Kong Jewels Auction on 30 March. The sale will feature an exceptional array of coloured gemstones, diamonds, jadeite, and natural pearls, alongside signature creations from Cartier, Bulgari, Van Cleef & Arpels, Glenn Spiro, and other esteemed houses. Among the highlights are Colombian no-oil emeralds, unheated Burmese rubies, and coloured diamonds of remarkable brilliance, crowned by a superb natural pearl necklace—one of the auction's important pieces. Complementing the live auction, Hong Kong Jewels: Online Auction will be open for bidding from 23–31 March.

 

Diana Chang, Head of Sale, Hong Kong, Phillips Jewels, said: “This season’s auction brings together an extraordinary array of jewels that celebrate the finest in rarity, craftsmanship, and design. From the vivid brilliance of Colombian emeralds and the timeless allure of jadeite to the delicate beauty of natural pearls and coloured diamonds, each piece has been thoughtfully curated to inspire collectors and connoisseurs alike.”

 

Precious Coloured Gemstones

 

This Spring, the Hong Kong Jewels Auction presents an exquisite selection of rare coloured gemstones, showcasing nature’s most captivating treasures. Leading the sale is a magnificent 9.22-carat no-oil Colombian

45.94 carat ‘Colombian Muzo’

Emerald and Diamond Necklace

Estimate: HK$4,250,000–6,000,000/ US$545,000–770,000

emerald and diamond ring, prized for its intense green hue, outstanding brilliance, and exceptional clarity that is nearly eye-clean—a true marvel in today’s market, where untreated emeralds of such caliber are increasingly scarce. Equally breathtaking is a ‘Colombian Muzo’ emerald and diamond necklace, adorned with eleven impeccably matched emeralds, totaling 45.94-carat, sourced from the legendary Muzo mine. This masterpiece exemplifies extraordinary craftsmanship and highlights the enduring allure of Colombian emeralds among discerning collectors.

 

Among the other standout pieces is a 5.39-carat unheated Burmese ruby and diamond ring, ablaze with a vivid red hue and remarkable clarity—an exceptional gem that reflects the rising demand for natural rubies exceeding five carats. For connoisseurs of sapphires, a stunning pair of sapphire and diamond earrings takes centre stage, featuring richly saturated royal blue Ceylon sapphires of impressive size and pristine clarity. Perfectly matched pairs of this quality are a true rarity, making them a coveted highlight in a market where top-tier Ceylon sapphires continue to garner strong interest from collectors.

 

 

 

9.22-carat Colombian No Oil Emerald and Diamond Ring

Estimate: HK$4,800,000–6,500,000/
US$ 640,000–833,000

Pair of 9.08/8.11-carat Ceylon Unheated Sapphire and Diamond Earrings

Estimate: HK$1,200,000 - 1,800,000/

US$154,000-230,000

13.18-carat Burmese Unheated Sapphire and Diamond Ring

Estimate: HK$1,000,000–1,800,000/ US$128,000–230,000

 

 

5.39-carat Burmese Unheated Ruby and Diamond Ring

Estimate: HK$3,500,000 -4,500,000/ US$450,000-580,000

 

 


Burmese Unheated Ruby and Diamond Bracelet, rubies totalling 23.81 carats

Estimate: HK$1,100,000–1,500,000/

US$140,000–190,000

 

Burmese Unheated Ruby and Diamond Necklace, rubies totalling approximately 56.98 carats

Estimate:

HK$1,800,000–2,500,000/
US$230,000–320,000

 

 

Dazzling Coloured Diamonds

 

20.04-carat Fancy Intense Yellow Diamond and Diamond Pendant Necklace

Estimate: HK$1,600,000–2,200,000/

US$200,000–282,000

The upcoming auction promises to enchant collectors and connoisseurs with a dazzling selection of fine jewellery. Leading the highlights is a mesmerizing 4.05-carat fancy light pink diamond and diamond ring, radiating a delicate, pure pink hue that is both rare and irresistibly captivating. Boasting exceptional internally flawless (IF) clarity and remarkable brilliance, this gem is a true treasure among coloured diamonds. Equally compelling is a striking 20.04-carat fancy intense yellow diamond and diamond pendant necklace, celebrated for its impressive size and radiant beauty—an extraordinary addition for discerning collectors seeking unparalleled elegance.

 

Natural Pearl

 

This season, Phillips is delighted to present a natural pearl, seed pearl, diamond and icy jadeite necklace by The House of Glenn Spiro, a one-of-a-kind creation that exemplifies the brand’s avant-garde design and masterful craftsmanship. Featuring a beautifully curated collection of natural pearls with exceptional lustre and harmoniously matched hues, this necklace is crowned by a rare, large drop pearl of remarkable quality. Accented with sparkling diamonds and icy jadeite, the piece showcases Glenn Spiro’s signature flair for combining creativity with the finest traditional materials, resulting in a truly extraordinary jewel.

 

House of Glenn Spiro

Natural Pearl, Seed Pearl, Diamond and Icy Jadeite Necklace

Estimate: HK$2,400,000–6,000,000/ US$300,000–770,000

4.05-carat Fancy Light Pink Internally Flawless Diamond and Diamond Ring

Estimate: HK$2,000,000–4,500,000/ US$250,000–580,000

 

 

Signed Jewels

 

Signed pieces and Art Deco jewels continue to captivate collectors worldwide, consistently achieving exceptional results at auctions. Among the standout highlights is a rare Cartier diamond, onyx, and emerald brooch, ‘Panthère’, exquisitely crafted in the form of a reclining panther. Rare in both size and intricate workmanship, this iconic piece exemplifies the elegance and artistry synonymous with the Cartier name. Equally remarkable is a Cartier Art Deco ruby, emerald, sapphire, and diamond bracelet from 1931—a possibly unique creation that stands as a testament to nearly a century of impeccable preservation. With its museum-quality condition and archival documentation by the House of Cartier, this bracelet offers a rare opportunity to own a piece of jewellery history.

 

Cartier

Diamond, Onyx and Emerald Brooch, 'Panthère'

Estimate: HK$1,100,000–2,000,000/ US$140,000–260,000

Cartier

Art Deco Ruby, Emerald, Sapphire and Diamond Bracelet, 1931

Estimate: HK$800,000–1,800,000/ US$100,000–231,000

 

Timeless Jadeite Jewels

 

Among the standout jadeite highlights of the upcoming auction are two exceptional creations that exemplify the timeless elegance and allure of this treasured gemstone. A pair of jadeite and diamond earrings dazzles with its vivid emerald green hue, high translucency, and remarkable matching—each stone radiating a lively brilliance that captivates when worn. Equally compelling is a jadeite and diamond demi-parure, showcasing jadeite of rich, even green hueand very good translucency. Beautifully matched and offered at an attractive estimate, this set presents a rare opportunity to acquire jadeite of such distinguished quality.

 

Pair of Jadeite and Diamond Earrings

Estimate: HK$1,350,000–1,800,000/ US$173,000–230,000

Jadeite and Diamond Demi-Parure

Estimate: HK$1,100,000–1,800,000/ US$140,000–231,000

 

 

The Hong Kong Jewels Auction

Auction: 2pm HKT, 30 March

Location: G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon

Auction Previews:

Taipei

14-15 March 11:00-18:00

Bellavita B1 Art Gallery B1F., No. 28, Songren Rd., Xinyi Dist., Taipei

Hong Kong

23-29 March 11:00-19:00

1/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon

 

Click here for more information: https://www.phillips.com/auction/HK060126

 

Hong Kong Jewels: Online Auction

Opening: 12pm HKT, 23 March

Closing: 2pm HKT, 31 March

Click here for more information: https://www.phillips.com/auction/HK060226

 

 

 

ABOUT PHILLIPS

Phillips: where the world’s curious and bold connect with the art, design, and luxury that inspires them. As a leading global platform for buying and selling 20th and 21st century works, Phillips offers dedicated expertise in the areas of Modern and Contemporary Art, Design, Photographs, Editions, Watches, and Jewels. Auctions and exhibitions are primarily held in New York, London, Geneva, and Hong Kong, with representative offices based throughout Europe, the United States, and Asia. Phillips offers a regular selection of live and online auctions, along with items available for immediate purchase. Phillips also offers a range of services and advice on all aspects of collecting, including private sales and assistance with appraisals, valuations, and financial planning. Visit phillips.com for further information.

*Estimates do not include buyer’s premium; prices achieved include the hammer price plus buyer’s premium.

 

PRESS CONTACTS:            

Ingrid Hsu, Head of PR & Corporate Communications, Asia  Ingridhsu@phillips.com  +852 2318 2043
 

 

PHILLIPS NEW YORK – 432 Park Avenue, New York, NY 10022

PHILLIPS LONDON – 30 Berkeley Square, London, W1J 6EX

PHILLIPS HONG KONG – G/F, WKCDA Tower, West Kowloon Cultural District, No. 8 Austin Road, West Kowloon

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