
Sapphire Ring Nearly Triples High Estimate at Sotheby’s
Piece rakes in $688,000 at London auction against a $242,000 presale price.
Diamond prices have gone up and down through the decades. Recent years have seen increasing turmoil and fluctuation in prices due to the impact of synthetics, the Covid-19 pandemic, a slowdown in China, and societal trends related to engagement and marriage.
Rapaport has been the world’s leading source on diamond pricing for over 40 years, providing the benchmark Rapaport Price List and the RapNet Diamond Index (RAPI™) . It also leads the trade with news and analysis on this topic.

Piece rakes in $688,000 at London auction against a $242,000 presale price.

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