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SL sapphire ring dazzles in new world record

27 November 2012 12:03 am - 2     - {{hitsCtrl.values.hits}}

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An exquisite Sri Lankan sapphire and diamond ring by Van Cleef & Arpels featuring a rectangular-cut sapphire weighing 43.16 carats set a new world record, selling for US$ 1,560,000 (HK$12,084,000; £979,000) on November 23, at the sale of ‘Eight Exceptional Jewels from a Private Collection’ at Bonhams in Hong Kong.

Bidders competed fiercely for the striking ring, which at US $36,000 per carat, went well over its pre-sale estimate of US$550,000 – 650,000 (HK$4,260,000 – 5,050,000; £350,000 – 420,000) and broke the previous record for a Sri Lankan sapphire, which was US$ 26,000 per carat. The total for the sale also far exceeded the pre-sale estimate realizing US$4,369,000 (HK$33,856,500; £2,736,000). The total realized across the two Hong Kong jewelry sales held on 23rd November was US$7,555,116 (HK$58,553, 250; £4,715, 900).

In 1969, Jacques Arpels travelled to Ceylon (Sri Lanka) in person to acquire the exceptional 43.16 carat sapphire. The perfectly crystalline, flawless stone was subsequently mounted in a ring and flanked by two pear-shaped diamonds. This ring demonstrates the jeweler’s expertise in sourcing stones of extraordinary depth and quality.

Van Cleef & Arpels has long been known as one of the most innovative and well established jewellers in the world. Members of the Royal family such as the Prince of Wales and A-list celebrities including Elizabeth Taylor and Grace Kelly bought some of their finest pieces from the renowned jeweler. It was here that the Prince of Wales bought Wallis Simpson the sapphire-and-diamond clip and bracelet, which she wore to set off her blue satin Mainbocher wedding gown. Prince Rainier ordered the pearl-and-diamond necklace with matching bracelet and earrings on his engagement to Grace Kelly and John F. Kennedy found the emerald-and-diamond ring he slipped on the third finger of Jacqueline Bouvier’s left hand. (jewelrynews)

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  Comments - 2

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka
  • Shan Gamage Tuesday, 27 November 2012 12:00 AM

    very good& become proud
    anyway we have so many world records via DM Android App

    shanthi Tuesday, 27 November 2012 05:09 AM

    Long ago, largest Sapphire of the Cleopatra's crown was also from Lanka..........


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Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

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