Press | Phillips

SIGNED JEWELS ACHIEVE EXCEPTIONAL RESULTS AT PHILLIPS’ HONG KONG JEWELS AUCTION, 100% SOLD

The Sale on 30 March Driven by Strong Demand from Mainland China and Hong Kong, Contributing 71% of the Total Value

Auctioneer Benoît Repellin selling lot 588, Cartier Diamond, Onyx and Emerald Brooch, ‘Panthère’

HONG KONG – 30 March 2026 – Phillips concluded its Hong Kong Jewels Auction on 30 March at the company’s Asia headquarters in the West Kowloon Cultural District, achieving a total of HK$42 million/ US$5.4 million (Sale Total: HK$41,936,610/ US$5,355,305). Of the 85 lots offered, 72% were sold by lot and 75% by value, with 70% of the lots sold exceeding their presale low estimates. These results reflect resilient demand across categories and underscore the continued strength of Phillips’ jewels sales in Asia.

The auction attracted collectors from 17 countries and regions, competing for rare gemstones and signed creations. Participation from Mainland China and Hong Kong was particularly notable, with collectors from these two markets accounting for 62% of the total number of buyers and contributing 71% of the overall sale value. This strong representation reinforces the influence of Chinese collectors in the jewels market and highlights Hong Kong’s role as a leading center for international jewels sales.

Diana Chang, Head of Sale, Hong Kong, Phillips Jewels, said, “This season’s standout highlights included a mesmerizing 4.05‑carat fancy light pink diamond and diamond ring, which achieved over HK$3.3 million/ US$428,306, and a striking 20.04‑carat fancy intense yellow diamond and diamond pendant necklace, sold for HK$2.83 million/ US$362,413. Signed jewels delivered exceptional results, achieving a 100% sell‑through rate, with more than half surpassing their pre‑sale high estimates. All Bulgari and Cartier lots soared above expectations, led by a Cartier ‘Panthère’ brooch that realised HK$2.19 million/ US$280,046. These results underscore the enduring appeal of signed creations and the confidence collectors place in established houses.

The sale was led by a magnificent 9.22‑carat no‑oil Colombian emerald and diamond ring, which realised for over HK$5.4 million/ US$691,879. We were equally pleased to see strong participation from Greater China and Southeast Asia for Jadeite pieces, signaling renewed strength in the Jadeite market.”