Sapphire Ring Sets Auction Record

record sapphire THUMB

A 28.18 ct. exceptional platinum, Kashmir sapphire, and diamond ring sold for $5,093,000 at Sotheby’s New York on April 29. An anonymous buyer paid $180,731 per ct., a new auction record for price per carat for any sapphire. The sale was part of the Magnificent Jewels auction, in which total sales were $44,313,500. … [Read more...]