This Storied 17+ Carat Kashmir Sapphire Could Fetch $800,000 at Auction Next Month

News,

Original article found in Robb Report, click here.

The rare, large stone is the top lot at the forthcoming sale.

By Victorial Gomelsky

Two factors determine how a piece of jewelry will perform at auction: Its intrinsic value coupled with its provenance (the paper trail documenting who made or owned it).

In the case of the 17.21-carat Kashmir sapphire that leads Bonhams New York Jewels sale on Dec. 7, it’s impossible to say which factor is more impressive.

Top Image: Robb Report © Courtesy: Bonham's

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