In 2023, Christie’s Asia luxury sales reached a cumulative total of US$277 million. The Hong Kong Autumn sales, featuring jewellery, watches, handbags and wine, achieved a market-leading US$105,964,609, with an exceptional sell-through rate of 91% by lot. These outstanding results underscore the appeal of Christie’s curated sales and strategic pricing, fuelled by digital engagement and an influx of new, younger buyers into the region.
Attendees from 41 countries across five continents contributed to the global engagement. Half of the buyers made their purchases online, with nearly 60% of new buyers being millennials.
Magnificent Jewels & The Pink Supreme | 27 November
Autumn Live Auction Total: HK$491,395,000 / US$63,333,998
The second highest autumn total for the category in Asia since 2017
Exceptional 96% hammer price achieved against pre-sale estimate
2023 Running Sale total at Christie’s Asia: HK$1.08 billion / US$139,545,562
On 27 November, Christie’s Hong Kong presented Magnificent Jewels & The Pink Supreme in a live auction that achieved a total of HK$491,395,000 / US$63,333,998, demonstrating the strength of the Asian market for this category. The sale’s diverse curation of coloured and colourless diamonds, jade and creations from renowned jewellery houses resulted in an exceptional hammer price of 96% of the pre-sale estimate. The sale was led by The Pink Supreme – a 15.48 carat Fancy Intense Pink Internally Flawless Type Ila diamond – which realised HK$83,875,000 / US$10,810,322 (price per carat: HK$5,418,282 / US$700,000), continuing Christie’s strong track record in offering the rarest exquisite coloured diamonds.
Watches | 26 November
Autumn Live Sales Total: HK$222,231,750 / US$28,642,583
Second highest Autumn sales total for Christie’s Asia
Highest ever annual sales total for the category in Asia: HK$683 million / US$88 million
Christie’s Watches proudly leads the market in Asia
On 26 November, Christie’s Hong Kong presented three live watch sales, Important Watches; The OAK Collection Part I; and The Philippe & Elisabeth Dufour Foundation Charity Auction, which together raised HK$222,231,750 / US$28,642,583, the second highest autumn total for Christie’s Asia. The excellent results are a testament to the sale’s quality selection of timepieces and strong pricing for the market, which drew strong global participation from 39 countries across 5 continents, with millennials accounting for 40% of new buyers.
Wine & Spirits | 24-25 November
Autumn Live Sales Total: HK$53,543,750 / US$6,901,045
Quality offering 94% sold by lot
On 24th and 25th November, Christie’s Hong Kong presented two live sales of Wines & Spirits, raising a total of HK$53,543,750 / US$6,901,045. The outstanding line-up for both sales resulted in a high sell-through rate of 94% by lot. Christie’s was honoured to present the first part of Dr. A. Botenga’s superb European private cellar, which was extremely well received, with iconic offerings from prestigious Bordeaux Châteaux and Burgundy Domaines. A second offering from the cellar will be sold live in London on 1 December. Fine and Rare Wines & Spirits Online: Festive Edition continues to welcome bids until 1 December; and Fine and Rare Wines & Spirits Online: Featuring Rarities from the Cellar of a British Writer is open until 7 December.
Handbags & Accessories | 25 November
Autumn Live Sale Total: HK$54,986,400 / US$7,086,983
Stunning sale selection 94% sold by lot
Highest ever annual sales total for the category worldwide: HK$154 million / US$20 million
Celebrates a decade of market leadership in Asia Pacific.On 25 November, Christie’s Hong Kong presented a selection of handbags and accessories in a live auction that totalled HK$54,986,400 / US$7,086,983. The sale confirmed a decade of Christie’s market leadership for handbags and accessories in Asia and contributed to the highest ever annual total for the category worldwide of HK$154 million / US$20 million. Christie’s meticulous sale curation in the region, featuring the world’s most coveted designs, continues to attract new and younger buyers, as well as significant digital engagement – 28% of buyers were new, millennials accounted for over 70% of new buyers, and over 40% of collectors acquired pieces through online bidding.
