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

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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

Read more here.

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