Sotheby’s Celebrates 40 Years in Asia with Cindy Chao Special Ring

8.03-ct Cushion-shaped Burmese Ruby Diamond ring3 (1)

Sotheby’s Hong Kong Magnificent Jewels and Jadeite Autumn Sale will take place on 7 October in celebration of the auction house’s 40th anniversary in Asia.

The jewels and jadeite sale will be held at Hong Kong’s Convention and Exhibition Centre and features a Burmese ruby ring from Asian jewelry designer Cindy Chao. The gemstone is one of the rarest in the world and has fetched impressive prices in recent years. It is estimated to sell at about $4 million.

The season’s sale also includes a Cartier peacock brooch from a royal private collection and a set of two jadeite bead necklaces from Republican Shanghai. The auction has around 330 lots and will sell at a total of more than $80 million.

Quek Chin Yeow, deputy chair and head of jewelry for Sotheby’s Asia, said: “In celebration of Sotheby’s 40th anniversary in Asia, our selection this autumn is marked by unique pieces of illustrious provenance as well as inimitable style and glamour.”

The auction will follow a public exhibition of the jewels from 3 to 6 October.