Beautiful Kashmir Sapphire sets an auction world record at a whopping 28-ct

A marvelous 28.18 ct. Kashmir sapphire sporting beautiful emerald cuts sold for a hefty $5.1 million. 32 tapered baguette diamonds surround the sapphire on a extravagant ring. The head of Sotheby’s jewelry department in  New York, Gary Schuler, was also in awe, as he stated, “With its exceptional quality and deep color, I knew as soon as I saw it that the stone had the potential to reach historic heights.” The beautiful stone achieved a world record of $180,731 per ct., which is more than every before for a sapphire. The funds used for the sale of this exquisite piece will be given to charity. The auction also contained 15.23 ct pinkish/orangish diamond for $6.1 million, a 36.53 Colombian emerald, aka “el Dorado,” took in over $2.1 million and jewelry from the famous entertainer Eydie Gorm’s estate sold for $2.2 million.


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JOGS Tucson Gem and Jewelry Show is one of the leading Jewelry events in North America for all jewelry industry professionals and it is one of the key jewelry markets in the world. JOGS Tucson Show brings together intercontinental manufacturers and wholesalers of jewelry, showcasing new designs and new ideas. Exhibitors bring the best selection and largest stocks to choose from. Gem dealers and miners bring their best rough materials, cabs, best quality of cut stones, minerals and new discoveries from Russia, Brazil, USA, Thailand, India, Madagascar, Africa, Colombia, Australia, Canada, China and other countries, attracting gem hunters from around the world.


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