Check Out the 118-Carat Blue Sapphire Heading to Auction

Hong Kong—A special blue sapphire from the “mythical world” of 100-carat-plus gems will head to the auction block next week at Sotheby’s Hong Kong.
A 118.88-carat unheated Burmese sapphire (pictured at right), dubbed “royal blue” in color by both the SSEF and Gübelin labs, will lead Sotheby’s Hong Kong Magnificent Jewels auction on Oct. 7.

The rare cushion-shaped stone is surrounded by pear-shaped diamonds weighing 16.06 total carats and set in a platinum pendant.

It’s the largest Burmese “royal blue” sapphire to be put up for auction at Sotheby’s in the last 20 years, the company said.

Sotheby’s said it expects the stone to sell for more than $5 million. 

The Oct. 7 Magnificent Jewels auction in Hong Kong has 118 lots, many of which celebrate color, Sotheby’s said, including several rare colored gemstones and diamonds, avant-garde designs from contemporary Hong Kong jewelers, and iconic designs from houses like Harry Winston and Cartier.

Another expected top lot of the sale is a ring featuring a 4.84-carat fancy vivid blue internally flawless pear-shaped diamond with two brilliant-cut diamond accents weighing 1.10 carats each in platinum and pink gold. 

Pictured below, it’s estimated to sell for between $7.2 million and $8.5 million.
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