
Romanov sapphire fetches $4.9 mn at Geneva auction
GENEVA, Switzerland — A dazzling 198-carat sapphire which once formed part of Russia's crown jewels sold for $4.9 million in Geneva on Thursday -- over double the asking price.

GENEVA, Switzerland — A dazzling 198-carat sapphire which once formed part of Russia's crown jewels sold for $4.9 million in Geneva on Thursday -- over double the asking price.
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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