Press Releases

Alex Cooper Announces Auction of Rare 5.10 Ct Unheated Kashmir Sapphire and Diamond Ring By Bulgari

The Auction will begin at 12:00am EST on Thursday, September 29th.

Published

1 year ago

September 20, 2022

Press Releases

Alex Cooper Announces Auction of Rare 5.10 Ct Unheated Kashmir Sapphire and Diamond Ring By Bulgari

(PRESS RELEASE) TOWSON, MD — Baltimore-based Auctioneer Alex Cooper will host a one-day auction on Thursday, September 29th, featuring an expansive collection of fine jewelry and timepieces.

The auction is headlined by the sale of Lot 155 a truly exceptional Bulgari ring featuring an unheated 5.10-carat Kashmir Sapphire bypassing a 2.50-carat pear shape diamond. Kashmir sapphires are the most famous of all sapphires due to their exceptional rarity and intense velvety blue color.

Selden Morgan, director of Fine Jewelry at Alex Cooper, says, “This ring combines the rarest size and color of Kashmir sapphire in a graceful bypass design by Bulgari, one of the most luxurious jewelry brands in the world.”

Located in the Northern Himalaya Mountains, Kashmir mines only produced gem-quality sapphires from 1882 – 1887 before the deposit was depleted. The limited supply leads to
Kashmir sapphire’s high value and rarity in today’s market.

The Auction will begin at 12:00am EST on Thursday, September 29th. The auction will take place at Alex Cooper Auctioneers, located at 908 York Road in Towson, Maryland.

This ring, as well as all other fine jewelry and timepieces can be previewed in person on Tuesday 9/27, Wednesday 9/28 from 10 – 4pm and Thursday 9/29 from 10 – 12pm, or online here. Bidding is available online through Alex Cooper’s platform bid.alexcooper.com, LiveAuctioneers and Invaluable, as well as by phone and absentee bids.

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”