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Christie’s Sells 21-Carat Kashmir Sapphire Ring Sells for $4.2 Million

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Rare colored gems continued to attract high auction prices last week, highlighted by the sale of a 21.71-carat Kashmir sapphire ring at Christie’s New York Important Jewels sale. Dubbed “The Kelly Sapphire,” the dark-blue natural gem, flanked by two trapeze-shaped diamonds, sold for $4.2 million ($193,000 per carat) – more…

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