NOT SOLD (BIDDING OVER)
0.00CHF+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2003 Nov 18 @ 20:00UTC+1
A RARE AND SUPERB KASHMIR SAPPHIRE AND
DIAMOND BRACELET
SET THROUGHOUT WITH A GRADUATED LINE OF EIGHT CUSHION SHAPED KASHMIR SAPPHIRES, WEIGHING 8.29, 7.83, 6.32, 6.04, 4.67, 3.90, 3.80 AND 3.10 CARATS INTERSPERSED WITH GRADUATED EMERALD-CUT DIAMONDS, WITHIN A BORDER OF EMERALD-CUT DIAMONDS, DIAMONDS WEIGHING APPROXIMATELY 48.00-50.00 CARATS MOUNTED IN PLATINUM, LENGTH 18.5 CM
ACCOMPANIED BY A GUBELIN REPORT DATED OCTOBER 8, 2003, STATING THAT
THE EIGHT SAPPHIRES ARE NATURAL AND OF KASHMIR ORIGIN WITH NO INDICATION OF THERMAL ENHANCEMENT
WITH AN APPENDIX
STATING "THE EIGHT NATURAL SAPPHIRES DESCRIBED IN THE ABOVE MENTIONED GUEBELIN GEM LAB REPORT POSSESS A SATURATED AND EVENLY DISTRIBUTED COLOR, COMBINED WITH A VERY GOOD CLARITY. IN ADDITION, THESE SAPPHIRES HAVE NOT BEEN HEAT TREATED
A COLLECTION OF KASHMIR SAPPHIRES
OF THIS SIZE, POSSESSING SUCH
A COMBINATION OF SPECIAL ATTRIBUTES
IS VERY RARE"
ESTIMATE ON REQUEST
KASHMIR SAPPHIRES WERE FIRST DISCOVERED AS THE RESULT OF A LANDSLIDE BETWEEN 1879 AND 1882 IN THE KUDI VALLEY NEAR THE HAMLET OF SUMJAM IN THE PADAR REGION OF KASHMIR IN THE HIMALAYAS. UPON HEARING OF THESE SUPERB GEMS, THE MAHARAJAH SENT A REGIMENT OF SEPOYS TO PROTECT THE MINES.
THE FIRST FEW YEARS SAW PROLIFIC MINING FOR THESE FINE GEMS AND BY 1882 THEY BEGAN TO APPEAR ON THE INDIAN MARKET IN SIMLA. EVEN IN THESE EARLY YEARS, HOWEVER, THE RECOVERY OF THESE STONES WAS EXCEEDINGLY DIFFICULT DUE TO
THE HIGH ALTITUDE OF THE TERRAIN,
THE INCLEMENT WEATHER CONDITIONS AND THE FACT THAT
THE MINES WERE ONLY ACCESSIBLE DURING THE SHORT SUMMER
MONTHS FROM JULY TO SEPTEMBER.
IN 1887 THE BRITISH SENT THE GEOLOGIST T.D. LA TOUCHE TO THE KUDI VALLEY WHO, AFTER AN EXTENSIVE SURVEY, DISCOVERED THAT THERE WERE TWO MINES. THE ORIGINAL "OLD MINE," WHICH PROCURED THE FINEST GEMS, CONSISTED OF A SERIES OF SHALLOW PITS ON THE NORTHEAST WALL OF THE VALLEY, AND THE "NEW MINE," A TRENCH LOCATED APPROXIMATELY 100 METRES SOUTH OF THE "OLD MINE." BOTH MINES WERE LEASED TO C.M.P. WRIGHT AND THE KASHMIR MINERAL COMPANY IN 1906, BUT AFTER THE DISCOVERY OF LIMITED FINE GEMS AND DUE TO THE POOR WEATHER CONDITIONS THEY CEASED IN 1908.
SINCE THE TIME OF THEIR INITIAL DISCOVERY THE PRODUCTION OF KASHMIR SAPPHIRES HAS REMAINED SPORADIC AND THEIR SUPPLY LIMITED. VALUED FOR THEIR VELVETY BLUE COLOR WITH A GREENISH DICHROISM WHEN VIEWED FROM THE SIDE, THESE SAPPHIRES SOMETIMES APPEAR MILKY DUE TO MINUTE LIQUID FILLED CAVITIES OR CRYSTALS WITHIN THE STONE, AN APPEARANCE WHICH IS OFTEN DESCRIBED AS "SLEEPY." THIS PRESENTS A GEM THAT IS HIGHLY VALUED AMONGST COLLECTORS THROUGHOUT THE WORLD.
THIS FINE BRACELET SET WITH EIGHT EXCEPTIONALLY WELL MATCHED KASHMIR SAPPHIRES WOULD HAVE TAKEN SEVERAL YEARS TO CREATE, DUE TO THE SCARCITY OF THESE STONES AND THE DIFFICULTY OF THEIR EXTRACTION, PRESENTING A RARE OPPORTUNITY TO ACQUIRE A TRULY REMARKABLE AND UNIQUE JEWEL.
Auction Location:
Switzerland
Previewing Details:
VIEWING LOCATIONS
NEW YORK
PHILLIPS, DE PURY & LUXEMBOURG
450 WEST 15 STREET NEW YORK NY 10011
SATURDAY NOVEMBER 8, 2003 10AM TO 5PM
SUNDAY NOVEMBER 9, 2003 1PM TO 5PM
MONDAY NOVEMBER 10, 2003 10AM TO 5PM
<p>GENEVA
PHILLIPS, DE PURY & LUXEMBOURG
29, QUAI DES BERGUES
1201 GENEVA SWITZERLAND
SATURDAY NOVEMBER 15, 2003 10AM TO 7PM
SUNDAY NOVEMBER 16, 2003 10AM TO 7PM
MONDAY NOVEMBER 17, 2003 10AM TO 6PM
TUESDAY NOVEMBER 18, 2003 10AM TO 12PM
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
Conditions of sale applicable to buyers
1 BUYERS PREMIUM WILL BE CHARGED AT 15% ON THE FIRST CHF 70,000 OF THE HAMMER PRICE OF EACH LOT, AND AT 10% THEREAFTER. FOR LOTS MARKED WITH THE SYMBOL () IN THE CATALOGUE, THE BUYER HAS TO PAY SWISS VALUE ADDED TAX (VAT) AT 7.6% ONLY ON THE BUYERS PREMIUM, NOT ON THE HAMMER PRICE. FOR LOTS WITHOUT THE SYMBOL (), VAT OF 7.6% IS APPLICABLE ON THE HAMMER PRICE AND THE BUYERS PREMIUM. This VAT is refundable to non-Swiss resident buyers who, within 30 days following the sale, present to PHILLIPS, de PURY & LUXEMBOURG LIMITED (hereinafter PHILLIPS) the export declaration, duly stamped by Swiss customs, proving that the goods have left Switzerland. Non-stamped declarations are invalid.
2 Every lot is sold with all faults and errors of description and PHILLIPS disclaim, for themselves and for the vendors, all responsibility, in particular for authenticity, age, origin, condition or quality. Any statement, whether contained in the catalogue or expressed orally, is considered a statement of opinion only and not a statement of fact. PHILLIPS GIVES NO EXPRESS OR IMPLIED GUARANTEES OR WARRANTIES. Purchasers are deemed to have satisfied themselves on authenticity, condition, etc., before bidding.
3 The Auctioneer has absolute discretion to divide any lot, to combine two or more lots, to withdraw any lots, to refuse bids, and to regulate the bidding. He may bid on the vendor’s behalf for all goods which are being offered subject to a reserve or at the Auctioneer’s discretion.
4 The highest bidder shall be the buyer. In case of disagreement the lot or lots will immediately be reoffered by the Auctioneer. No claim will be accepted once the adjudication has been given.
5 When the reserve price has not been reached, the lot will be passed at the fall of the hammer.
6 Bids from clients unknown to PHILLIPS, the Auctioneer, or the Stadtammann of Zurich might not be accepted unless accompanied by a full cash deposit, or a bank reference, which must arrive in good time to be taken up before the sale at PHILLIPS, Kreuzstrasse 54, 8008 Zurich, Switzerland. The Auctioneer retains full authority to refuse these bids.
7 PHILLIPS requires that all prospective buyers use a bidding number in place of their names.
8 Persons not present at the sale may leave their bids with the Auctioneer or the Stadtammann of Zurich. The prices on these bidding forms will be treated as maximum hammer price, excluding premium or taxes. Alterations to these forms can only be accepted in writing up to the evening preceding the sale.
9 Payment can be made in cash, by bank cheque or by wire transfer. Cash payments must be made in Swiss Francs. PHILLIPS reserves the right to refuse immediate clearance of goods when paid for by wiretransfer or by cheque, whether drawn on a Swiss or foreign bank.
10 Payment of the purchase price is due within seven days after sale. Interest of 1.5% (expenses included) per month on the purchase price will be charged if payment is not received within these seven days. PHILLIPS reserves the right to resell unpaid items after the period of seven days by auction or privately without notice to the buyer. In this event PHILLIPS may claim from the defaulter damages including all loss arising from any resale of the lot together with the charges and expenses in respect of both sales. Any money deposited in part payment shall be held by PHILLIPS against the defaulter’s liability.
11 No purchase shall be claimed or removed until PHILLIPS has received full payment of the purchase price. All lots shall be removed at the buyer’s risk and expense. Purchases will be held for collection at no charge for 28 days. All purchases not collected within such period are subject to a minimum warehousing charge of CHF 10 per lot per day. If purchases are not removed within 60 days of the sale, PHILLIPS may deposit the lot at the buyer’s risk and expense. PHILLIPS shall not be responsible if the lots in storage are lost, stolen, damaged or destroyed. Any liability which there may be on the part of PHILLIPS in respect of any loss shall be restricted to a maximum of the price paid by the purchaser of the lot. Clearance of purchases, other than by the purchaser, must be carried out by a person specified on the written direction of the buyer. ON REQUEST, PHILLIPS WILL QUOTE FOR DOOR-TO-DOOR TRANSPORT OF PURCHASED ITEMS. ALL COSTS INCURRED BY SHIPPING, CUSTOMS AND INSURANCE WILL BE AT THE EXPENSE OF THE BUYER.
12 Every person attending the public exhibition or the sales shall be deemed to be there at his own risk. He shall have no claim against PHILLIPS in respect of any injury he may sustain or any accident which may occur.
13 Any person causing damage to an item will be held legally responsible.
14 Notice of all forthcoming Auction Sales will appear in “La Feuille d’Avis Officielle”/ “Schweizerisches Handelsamtsblatt” and all interested parties are welcome to consult the Conditions of Sale at this time.
15 Any dispute concerning the auction/sale shall be governed by Swiss law and settled by the ORDINARY COURTS IN ZURICH.
16 The auction takes place under the supervision of the Stadtammannamt Zurich. The Canton and City of Zurich and particularly the Stadtammannamt Zurich bear no liability for the decisions taken by the auctioneer.