Sotheby’s to Sell 119ct. Sapphire in Hong Kong

Sotheby’s will sell a 119-carat, royal-blue, unheated Burmese sapphire in Hong Kong next week, the largest such stone the auction house has offered in 20 years.

The cushion-shaped, 118.88-carat stone, surrounded by pear-shaped diamonds weighing a total of 16.06 carats, will lead the Magnificent Jewels live sale on October 7, Sotheby’s said Monday.

A pear-shaped, 4.84-carat, fancy-vivid-blue, internally flawless diamond ring is also set to go under the hammer. The piece, which also features two brilliant-cut diamonds, each weighing 1.10 carats, has a high estimate of $8.5 million.

Also up for auction are a pair of pendant earrings featuring brilliant-cut, fancy-intense-blue diamonds weighing 1.95 and 1.63 carats. Those stones suspend two pear-shaped, D-color, internally flawless, type IIa diamonds weighing 5.95 and 5.24-carats. The set has a presale value of up to $4.6 million.

In addition, Sotheby’s will feature a cushion-shaped, 6.41-carat, pigeon’s blood Burmese ruby ring surrounded by French-cut white diamonds. The jewel, which was designed and mounted by Hong Kong-based jeweler Forms, carries an upper estimate of $2.9 million. Meanwhile, a ring containing a cut-cornered rectangular modified brilliant-cut, 18.68-carat, fancy-light-purplish-pink diamond is set to fetch up to $2.2 million at the Hong Kong sale.

 

BRON: Rapaport 29-09-2020