Hong-Kong_VC&A-Sapphire-&-Diamond-ring-Bonhamsweb

1969 Sri Lankan sapphire by Van Cleef & Arpels, 43.16 carats, set a new world auction record when it sold for $1.56 million in November 2012.  (Photo courtesy Bonhams)

1969 Sri Lankan sapphire by Van Cleef & Arpels, 43.16 carats, set a new world auction record when it sold for $1.56 million in November 2012. (Photo courtesy Bonhams)

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