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Ring has a $206,200 high estimate at the upcoming Fine Jewelry sale.
HRD Antwerp and Gübelin inaugurate offices in Almas Tower to expand grading capacity.
Piece was formerly property of Alain Cartier and once belonged to maharaja of Nawanagar.
Parties signed MoU to foster connections and strengthen ties in gem trade.
Piece will go on sale on December 8 in New York and is one of Pauline Karpidas’s personal jewels.
Some 116 business in US shut in third quarter, versus 126 a year earlier.
Sentiment weaker as Indian inventory builds up and prices drop in 0.30 to 0.69 ct. rounds.
9.09-carat diamond ring fetches $342,106, more than doubling its high estimate.
Indian jeweler has incorporated a wholly owned subsidiary in the country.
Allen Kleiman’s suite of 11 rainbow cabochon moonstones and Lezlie Slavens’s pendant win top prizes.

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