On Tuesday 1 June 2010 this beautiful 1960s Cartier bracelet was sold for USD 6,942,856 at Christie’s Hong Kong. Untreated Kashmir sapphires are extremely rare and this bracelet with all its matching natural stones is really perfect, so you could consider this as the perfect price. Still, this is the highest fee ever achieved for a bracelet. And coincidentally it was sold by Christie’s before in 1988 when it fetched USD 902,000. Not too bad if we calculate the representation of USD 1.7 million in today’s currency. This ‘priceless’ bracelet contains almost 50 carat cushion cut Kashmir sapphires alternated by marquise-cut diamond spacers with the biggest center stone measuring over 10 carats, all set in platinum.
Priceless trading happens in Hong Kong nowadays. This city is definitely the most important city in the world for the sale of fine gems such as Kashmir sapphires, jadeite and natural pearls. The Hong Kong auction was able to sell for over USD 60 million in total. Nice statistics: the most expensive jewelry sold at the auction was a ‘simple’ jadeite bead necklace at the price of USD 7,303,791. The necklace contains 51 jadeite beads of really a vivid emerald green colour and glassy translucency, all measuring circa 1 cm. with a star ruby clasp weighing 8.80 carats. They all are mounted in 18 carat rose gold. So far so good for priceless decoration….