News

Advanced Search

Cartier Sapphire Ring Crushes Estimate at Skinner

Sep 25, 2019 7:52 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... A Cartier twin sapphire and diamond ring fetched more than double its low estimate at Skinner Auctioneers.

The piece, which was created in the 1950s, features two Kashmir sapphires weighing 5.34 and 4.91 carats, and tapered, baguette-cut diamonds. It sold for $873,000 at the September 17 Important Jewelry sale in Boston against a presale estimate of $300,000 to $500,000.

Skinner also sold an antique ring set with a pear-shaped cabochon Burmese ruby surrounded by old mine-cut diamonds for $171,000. The final price was more than 20 times its estimate of $5,000 to $7,000.

In total, the auction garnered $2.5 million.

Image: The Cartier twin-stone sapphire ring. (Skinner Auctions)
Tags: Cartier, Important Jewelry sale, Rapaport News, skinner, Skinner Auctioneers
Similar Articles
Rapaport LogoRapaport Weekly Market Comment
Aug 13, 2020
Sentiment improving after relatively good trading in July-August. Shortages supporting prices. Fewer dealers active in the
Rapaport LogoRapaport Weekly Market Comment
Aug 06, 2020
Polished market improving due to select demand from US and China. Shortages supporting prices; 1 ct. RAPI
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2020 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.