Home Jade & Gems Colored Stones AN Exquisite Sapphire And Diamond Bracelet, By Cartier Sold For US$6.942 Million

AN Exquisite Sapphire And Diamond Bracelet, By Cartier Sold For US$6.942 Million

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Sapphire Bracelet By Cartier At Christie's Hong Kong Auction

Lot Description

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

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I am a Graduate Gemologist trained at the Gemological Institute of America (GIA) in New York City, USA. I hold an MBA degree from Cranfield University, United Kingdom, and a Bachelor degree in Mathematics. My earlier profession was a banker until I found jade in Myanmar (Burma) in the early 90s. I have traveled to the fabled Hpakan Jade mines, and Mogok, the world’s famous rubies and sapphires mines in upper Burma, with my second son. Three of my children are also Graduate Gemologist, GIA, NYC and they deal in diamonds, gemstones and jade. 我是在美国纽约市的美国宝石学院(GIA)接受过培训的宝石研究学家。 我拥有英国克兰菲尔德大学的工商管理硕士学位和数学学士学位。我以前的职业是银行家,直到90年代初我在缅甸接触到玉石。我曾经和我的次子一起去过缅甸上流传说中的哈帕翡翠矿山和莫谷矿山, 莫谷矿山是世界上著名的红宝石和蓝宝石矿山。我的三个孩子都是纽约市GIA毕业的宝石研究学家, 他们专门处理钻石,宝石和玉石.

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