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28.18 Carat Kashmir Sapphire Ring Sets Auction Record

Courtesy Sotheby’s New York

A 28.18 ct. exceptional platinum, Kashmir sapphire, and diamond ring sold for $ 5,093,000 at Sotheby’s New York on April 29.

An anonymous buyer paid $ 180,731 per ct., a new auction world record for price per carat for any sapphire.

The sale was part of the Magnificent Jewels auction, in which total sales were $ 44,313,500.

A 28.18 ct. exceptional platinum, Kashmir sapphire, and diamond ring sold for $ 5,093,000 at Sotheby’s New York on April 29.

JCK Staff

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