A sapphire ring will be the star of an upcoming jewelry auction at Christie’s in Hong Kong, carrying a price tag of up to HKD 95 million ($12.2 million).
The piece, which features an antique cushion-shaped, 35.09-carat, royal blue Kashmir sapphire and round diamonds, will lead the May 27 Hong Kong Magnificent Jewels sale, according to Christie’s. The ring previously cracked the top three at Christie’s Magnificent Jewels in Geneva in 2015, where it smashed its high estimate to bring in $7.4 million. It also featured in the auction house’s New York Magnificent Jewels sale in 2000.
In total, Christie’s will present 129 lots in Hong Kong, with colored diamonds comprising half of the top 10 items on offer. Pieces with no reserve price as well as those from well-known designers, including Cartier, Harry Winston, Bulgari, and Tiffany & Co., will also go under the hammer.
Here are the rest of the top 10 items at the sale:
Main image: The 35.09-carat Kashmir sapphire ring. (Christie’s)
