Jewel of Kashmir breaks sapphire record

Jewel of Kashmir breaks sapphire record

The Jewel of Kashmir has set a new world record for a Kashmir sapphire.

Jewel of Kashmir
The new record holder

The 27.68-carat sapphire and diamond ring auctioned for $6.7m at Sotheby's Hong Kong Magnificent Jewels and Jadeite Autumn Sale on October 7.

That is a price-per-carat auction record for a Kashmir sapphire.

The sale also set an auction record for a natural grey pearl necklace. The Cowdray Pearls, from the famed collection of Viscountess Cowdray, sold for $5.3m, beating the previous mark of $3.3m, set by the same item in 2012.

The deputy chairman of Sotheby's Asia, Quek Chin Yeow, commented: "The top ten lots show a great variety ranging from coloured stones, diamonds and pearls to jewels of aristocratic provenance, with coloured diamonds selling well over their high estimates."

Please sign up to our free newsletter to receive exciting news about watches and jewellery auctions.

Register to receive more in-depth articles from our dedicated team.

Register Here

Featured products

Save £60
Elvis Presley Authentic Strands of Hair clipped during his 1958 US Army haircut.
Elvis Presley Authentic Strands of Hair - clipped during his 1958 US Army haircut
From £339 £399
In stock
A certificate of recognition awarded to a Cuban social worker in 2001, featuring a fine signature from Fidel Castro.Fidel Castro's signature.
Fidel Castro Signed Certificate
£1,995
In stock
King Henry VIII signed vellum document in superb condition dated 1513 - the year Henry VIII invaded France. Provenance Sir Thomas Phillipps.Back of document: King Henry VIII signed vellum document in superb condition dated 1513 - the year Henry VIII invaded France. Provenance Sir Thomas Phillipps.
King Henry VIII Signed Historical Document
£45,000
In stock