Christie’s Geneva smashed a world auction record for a Kashmir sapphire at its magnificent jewels sale held on 13 May which fetched a total of SFr91 million (US$97.5 million). The top lot went to a rectangular fancy vivid pink diamond ring of 5.18 carats which sold for SFr10 million (US$10.7 million). A 35.09-carat cushion-cut Kashmir sapphire ring achieved SFr6.88 million (US$7 million), setting a world auction record for a Kashmir sapphire. The sale has witnessed a strong rise in demand for coloured gemstones and pearls, according to Rahul Kadakia, international head of Christie's jewellery department.
Auction at-a-glance
Sale : 1409
Lots sold : 264
Grand total（SFr） : 91,246,8750
Sold by lot : 77% Lots offered : 341
Sold by value : 81%
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