Cartier Ruby Sets Record in 1 Million Sotheby?s Jewelry Sale

Posted by jewelrybrand on May 14th, 2015

A Cartier ruby ring fetched million as Sotheby’s sold 1 million of gems, the highest total for a jewelry auction, as collectors snapped up precious stones in Geneva.

Cartier’s 25.59-carat “Sunrise Ruby” exceeded estimates that ranged from million to million as it was sold Tuesday in Geneva, Sotheby’s said in a statement. The untreated pigeon’s blood color Burmese ruby set a record price for a Cartier jewel in auction.

A rare 8.72-carat Fancy Vivid Pink diamond that is said to have links to the niece of Napoleon I, Princess Mathilde Bonaparte, fetched .9 million. Estimates called for million to million.

Monday a Picasso painting set a record for the most expensive sale of artwork at auction at a Christie’s sale in New York. The Geneva auction season continues Wednesday as that auction house holds its jewelry sale, which includes a 35.09- carat sapphire and diamond ring. The total estimate exceeds million.

To contact the reporter on this story: Corinne Gretler in Zurich at To contact the editors responsible for this story: Matthew Boyle at Thomas Mulier, Robert Valpuesta

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