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4ct. Ruby Up for Sale at Bonhams Hong Kong

Apr 15, 2018 11:01 AM   By Rapaport News
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Bonhams’s spring jewelry sale in Hong Kong will spotlight a 4.01-carat Burmese “pigeon’s blood” ruby ring with diamonds, carrying an estimate of $445,000 to $635,000.

Other notable pieces going under the hammer at the May auction include a ring featuring a step-cut, 8.88-carat Colombian emerald. The stone, which has not been treated with oil, has trillion-cut diamond shoulders, with the total piece estimated at $635,000 to $765,000.

Emeralds and rubies have seen vast price increases in the past 10 years, said Graeme Thompson, Bonhams’s director of jewelry for Asia.

A 12.92-carat Kashmir sapphire ring surrounded by diamonds is also going up for auction. The jewel, which a family recently discovered in its bank vault, will fetch between $120,000 and $510,000, Bonhams estimated.

“Kashmir sapphires are the rarest of gemstones, and collectors are prepared to pay princely sums for top-quality specimens,” Thompson added.

The sale will also offer spinels, as well as signed jewelry by Van Cleef & Arpels, Cartier, Harry Winston, Graff Diamonds, Chopard, Bulgari and Tiffany & Co.

The Hong Kong Rare Jewels and Jadeite sale will take place on May 27, with the auction house holding previews in Taiwan, Singapore and Hong Kong.

Image: Bonhams/Mark French Photography
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