November 29th, Christie's Auction House, Hong Kong, sold a 26.41 carat Kashmir sapphire for 3,838,508 or $145,342.00 per carat. This sale establishes a new world's record price of Kashmir sapphires sold at auction, besting the former world's record also established at Christie's (New York) for the 22.66 carat Hill Sapphire which sold in April 2007 for $3,064,000 or $135.216.00 per carat.
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