Designed as a series of nine graduated cushion-shaped sapphires weighing a total of 49.61 carats, alternated by marquise-cut diamond spacers, mounted in platinum, circa 1960, 18.5 cm long, in red leather Cartier case
Signed Cartier, No. 364
Accompanied by a certificate of authenticity from Cartier.
Accompanied by nine reports dated 15 April 2009 from the Gübelin Gemmological Laboratory stating that the nine sapphires are of Kashmir origin, with no indications of heating; with an appendix stating that the nine natural sapphires possess a saturated and homogenous color. In addition, these gemstones have been spared of thermal treatment.
A matched set of Kashmir sapphires of this size, and possessing such a combination of characteristics is rare.
With nine reports dated 27 January 2009 and 6 May 2009 from the AGTA Gemological Testing Center stating that the nine sapphires are of Kashmir origin, with no indications of heating; accompanied by a jewel folio by AGTA
The weight of the sapphires starting from the tongue piece is 4.16, 4.54, 4.91, 6.09, 10.52, 5.95, 4.76, 4.42 and 4.26 carats.
Lot sold on June 1, 2010 at the Christie’s Hong Kong Sales
Price Realized : HK$53,860,000 ($6,942,856)
Comment from Christie’s: Also of note is a Kashmir sapphire bracelet by Cartier, which achieved a stunning HK$53.86 million (US$6.9 million), setting a new world record for any bracelet sold at auction and also a world record for any Cartier jewel sold at auction. It is interesting to note that the same bracelet was sold in 1988 at Christie’s New York for HK$7,036,000 (US$902,000), which equals approximately HK$13.26 million (US$1.7 million) today. Kashmir sapphires, Golconda diamonds, natural pearls, and important jade are faring better than ever, with prices reaching new levels with which we are confident.”
Source : Christie’s Hong Kong Sales, June 1, 2010