RAPAPORT… Phillips’s May Hong Kong auction will feature a rare
52.50-carat Kashmir sapphire and diamond necklace with an estimated price of $2.2
million to $2.9 million (HKD 17 million to HKD 23 million).
“We are very proud to be entrusted to present a very rare
and important Kashmir sapphire and diamond necklace — the first to be offered at
auction in the past decade,” Terry Chu, h…