#2926 • 24.21ct Burma Blue Sapphire & 3.50ctw Diamond Ring

Part of Royal Artifacts,Fine Jewelry & Timepieces (timed auction by GWS Auctions)

Starting at $1.00

Status: Sold

Est. $635,000-$640,000 24.21ct Gubelin Certified No Heat Burma Blue Sapphire, 3.50ctw IF/F Diamonds & Platinum Ring W/(14) GIA Reports (Comes W/$635,000 Appraisal) - This breathtaking, custom made ring was finely crafted of solid platinum and boasts a 24.21ct Gubelin certified Burma blue sapphire. The sapphire is a timeless and elegant oval cut, displays a striking vivid velvety blue color and shows "no indications of heating" according to the Gubelin report. The sapphire is mounted in a dual 4-prong halo setting containing 3.50ctw genuine internally flawless diamonds. The ring contains (14) GIA certified 0.25ct IF/F round cut diamonds, all of which have excellent polish and symmetry grades and no fluorescence according to the GIA reports, making this piece of the highest investment quality. This stunning piece has excellent investment potential, as Burma blue sapphire values are steadily climbing. In 2012 a 39ct no heat Burma sapphire sold for over $2.7 million, a value of over $76,000 per carat. Additionally, internally flawless diamonds are incredibly rare and are estimated to represent only 0.001% of the world's diamond production. Flawless and internally flawless diamonds have proven to be the best for investment since they have the highest values and high rates of appreciation. This ring will be accompanied by the Gubelin report for the sapphire, (14) GIA reports for the diamonds and a $635,000 insurance valuation report in the winning bidder's name by a graduate appraiser. Ring size: 7.