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Luxury

Why are Chinese jewellery designers getting millions of dollars at auction for their creations?

STORYGaynor Thomas
Chinese jewellery designers are fetching large sums at auction, such as Enchanted Orchid by Anna Hu. Photo: Handout
Chinese jewellery designers are fetching large sums at auction, such as Enchanted Orchid by Anna Hu. Photo: Handout
High Jewellery

Sotheby’s Autumn Magnificent Jewels and Jadeite auction saw Chinese jewellery designers such as Dunhuang Pipa and Cindy Chao earn millions of dollars for their work

Now firmly in the international spotlight, Chinese jewellery designers are commanding astronomical prices at auction, and talent from around Asia and the rest of the world who look to the East for inspiration are also enjoying long overdue attention.

The hammer came down at Sotheby’s Autumn Magnificent Jewels and Jadeite auction at US$5.8 million on the Dunhuang Pipa necklace. The fortunate buyer became the owner of an original piece of haute joaillerie by Anna Hu, a scrolling necklace of white diamonds centred by an intense yellow diamond of over 100ct that doubles as a brooch.

Chinese jewellery designers such as Wallace Chan are commanding astronomical prices at auction. Photo: Handout
Chinese jewellery designers such as Wallace Chan are commanding astronomical prices at auction. Photo: Handout
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