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lady luckA fancy vivid yellow diamond weighing a whopping 77.77 carats is expected to be the top lot at Sotheby’s Hong Kong, with a pre-sale estimate up to $7.7 million.

Clearly the top lot has auspicious ties to the number seven. In the Western world, seven is considered the luckiest of all numbers; many a gambler has dreamed of hitting the 7-7-7 slot machine jackpot. For potential Asian buyers, seven is a lucky number that signifies togetherness, and the yellow hue is also symbolic of royalty and power.

The “Lady Luck Diamond” boasts a VS2 clarity and a pure fancy vivid yellow, the most desirable saturation for colored diamonds. Pure yellow diamonds owe their coloration to nitrogen atoms dispersed throughout the crystal matrix, which is extremely hard to penetrate. The amount of nitrogen present determines a yellow diamond’s saturation level, which is why the more intensely saturated gems are extremely rare and valuable.

Flanked by five-carat heart-shaped diamonds on either side, the “Lady Luck” is presented as the lady luck 2centerpiece of a three-stone ring in rich 18 karat yellow gold. It can also be detached and worn as a pendant on its own.

The “Lady Luck” is sure to appeal to a wide audience of bidders later this month at Sotheby’s “Magnificent Jewels and Jadeite Sale” at the Hong Kong Convention and Exhibition Center. The auction comprises 320 lots in total, including rare colorless and colored diamonds, gemstones, and signed pieces from the Art Deco period. Total sales expected to be generated are over $100 million.

 

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wreathWe’ve seen many seemingly ordinary items bedazzled into creations of jewelry art: diamond studded shoes by Stuart Weitzman, Victoria’s Secret Fantasy Bras, and even Lady Gaga’s golden wheelchair chariot… but this is the first time expensive jewels are combined with Finnish flora to create a Christmas wreath.

Created by floral designer Pasi Jokinen-Carter, it takes the place as the most expensive wreath ever designed. With 32 diamonds and 16 rubies totalling 138 carats, the creation is priced at $4.6 million. Resting among the elaborate and rare greenery that includes Helleborus flower buds, hand-curled eucalyptus leaves, and blue Hedera berries, the gems add an unmistakable luxurious touch without overwhelming – they create a nice visual contrast with a little pop of color. Twenty-two loose round brilliant hellediamonds are nestled in the petals of one of the Helleborus flowers, and another cradles a 3.03 carat fancy yellow diamond. The largest gem in the wreath is a 17.49 carat ruby.

“I am passionate about my craft and this recent invitation to create an exclusive wreath, using natural materials and diamonds, has been an exciting and exceptional project,” says Jokinen-Carter. The wreath takes about a week to create, with most of the greenery and flowers sourced from his own backyard. All of the gems can be easily dismantled after the holidays, where they may find new (more permanent!) homes in jewelry pieces.

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