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Photo from KESQ’s report
Photo: KESQ

Business & marketsKESQ ·

Romanov sapphire bracelet smashes auction estimate, sells for $4.9 million

By Jack Guy (CNN) — A bracelet containing a huge sapphire that used to be part of the Imperial Russian crown jewels has sold for almost $5 million, smashing its pre-auction estimate. The cushion-shaped 197.80-carat Romanov sapphire is set in a geometric diamond bracelet by jeweler Cartier, according to a listing from auction house Sotheby’s,

KESQ

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Sotheby’s Geneva sale brings millions for imperial-era jewel

A bracelet set with a 197.80-carat sapphire sold for $4.9 million at Sotheby’s Geneva auction on Thursday, The Manila Times reported. NBC News said the sapphire likely came from South Asia before entering Russia’s imperial jewels in the 19th century, while KESQ reported the sale beat its pre-auction estimate. goSkagit gave the price as more than 4.1 million Swiss francs, or $4.9 million. The reports did not name the buyer.

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