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The Rockefeller Kashmir sapphire ring will appear at auction in December with a hefty price tag. | Source: Christie's
The Rockefeller Kashmir sapphire ring will appear at auction in December with a hefty price tag. | Source: Christie's

Sapphire ring expected to stun collectors at auction

The Rockefeller Kashmir sapphire ring will appear at auction in December with a hefty price tag.

The 17-carat sapphire will headline a Christie’s sale in New York on 10 December and enter the auction with a pre-sale estimate of $USD2.5 million ($AUD3.84 million). The sapphire is set in an Art Deco ring made by Cartier.

Among the other items of note is a Cartier Art Deco emerald, diamond, and platinum bracelet from 1925, featuring rectangular and square step-cut emeralds, accented by marquise, rectangular, square, old, and single-cut diamonds.

The Rockefeller Kashmir is part of a collection preserved by Sandra Ferry Rockefeller, which includes ceramics, paintings, and decorative arts sourced from around the world.

A share of the auction proceeds will go to Sandra Ferry Rockefeller’s foundation, which supports programs that empower young people from diverse backgrounds to make a positive impact on society.

“The Rockefeller name is synonymous with wealth, influence and cultural patronage. Beginning with John D. Rockefeller and William Avery Rockefeller Jr., the family wielded immense power in American industry, politics and banking throughout the late 19th and 20th centuries,” writes Anthony DeMarco for Forbes.

“As collectors, their legacy is unparalleled. The world saw the scope of their holdings in 2018, when Christie’s Collection of Peggy and David Rockefeller sale achieved more than $USD835.1 million across ten days of online sales and three days of live auctions — setting a record at the time for the highest total ever for a private collection at auction.”

The auction house will also include items from designers such as JAR, Cartier and David Webb.


Cartier Art Deco emerald and diamond braceletA Cartier diamond and colored diamond watch

 

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