Saturday, 23 October 2021

Graff's Pigeon Blood Ruby - $8.6M

In 2014 the 8.62-carat cushion-shaped 'Graff Ruby' ring from the collection of Dimitri Mavrommatis soared beyond estimates and set a then world auction record for a ruby at $8,600,410, as well as a record price per carat for a ruby at $997,727.

Another highlight of the evening was a natural pearl and diamond necklace that was likely once the property of Joséphine de Beauharnais, the first wife of Napoleon Bonaparte. Comprising 111 pearls, the necklace sold for $3,426,669, well above the pre-sale estimate of $800,000-$1,400,000.
In addition to the Graff Ruby, the collection included a rare 27.54-carat step-cut Kashmir sapphire with a velvety blue color that sold for $5,984,474, a world auction record for a Kashmir sapphire. It had an estimate of $3m to $6m.
A pair of sapphire, ruby and diamond earrings, by JAR. Each of circular form, pavé-set with circular-cut sapphires of various hues ranging from light pink to purplish blue, surmounted with a cage set cushion-shaped stone, one a diamond weighing 3.06 carats, the other a ruby weighing 4.89 carats. Estimate 385,000 — 670,000 CHF. Lot sold 557,000 CHF.