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The rectangular-cut fancy intense blue sold for $5.4 million, beating out an 8-carat pink to top the sale.
The ring was kept in a family’s bank vault and initially appraised at less than $10,000.
The auction house declined to disclose the diamond’s full final sale price though.
His love for antique jewelry will be evident at the auction, scheduled for April 18 at Sotheby’s New York.
The highlight of the Hong Kong jewelry sale was expected to garner between $10.2 and $12.8 million.
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