Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”
Nearly 13-Carat Kashmir Sapphire Ring Up for Sale
The ring was kept in a family’s bank vault and initially appraised at less than $10,000.

Hong Kong--A sapphire and diamond ring dug out of a safe and initially appraised at less than $10,000 could sell for half a million or more at Bonhams’ May jewelry sale in Hong Kong.
Kept in a family’s bank vault after, Bonhams believes, it was purchased in the 1980s as a 30th anniversary present, the 12.92-carat sapphire ring was estimated by other auction houses to be worth $3,800 to $6,300.
But, Bonhams said, the auction houses missed a key component in assessing the piece—the center stone is a Kashmir sapphire, which is a gemstone that’s rare and collectible, especially in this size.
“Sapphires were first discovered in Kashmir around 1880, but most Kashmir mines rapidly depleted soon after,” said Graeme Thompson, Bonhams director of jewelry in Asia. “Termed as ‘blue velvet’ due to the superiority of their superb cornflower-blue hue, most Kashmir sapphires that appear on the market today were discovered more than 100 years ago.”
According to Bonhams, it was Thompson who caught the fact that the center stone might be a Kashmir and sent it to Swiss labs SSEF and Gübelin for further testing, which confirmed it was a no-heat Kashmir sapphire.
With an estimated sale price of $120,000 to $510,000, the ring is expected to lead Bonhams’ May 27 Rare Jewels and Jadeite sale in Hong Kong. The sale is comprised of 168 lots.
Aside from the Kashmir sapphire ring, the auction includes signed pieces from Harry Winston, Cartier, Van Cleef & Arpels, as well as colored gemstones and natural color diamonds.
Previews will take place in Taiwan on May 1 and 2, in Singapore from May 17 to 19, and in Hong Kong from May 23 to 26.
Click through the slideshow below to see five more pieces from the auction.
The Latest

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.


While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.

JSA has received reports of mobs swarming jewelry stores, driving cars into the storefront or smashing through the windows.

The “Kashmir” collection features centuries-old craft techniques made in collaboration with the region’s master papier-mâché artisans.

Creative Director Erica Bianchini shared why the jeweler is looking to expand into the U.S. and how it’s putting Canadian craftsmanship on the map.

Two Los Angeles Fire Department stations plan to use the donations to upgrade their equipment and tools.

Next week, the auction house will kick off a selling exhibition of jewelry by British artist Hannah Martin and Coldplay’s Guy Berryman.

“Stolen: Heist of the Century” is based on “Flawless,” the book about the middle-of-the-night theft, and will debut on Netflix in August.

Emmanuel Raheb shares the top five gifting moments outside of major holidays that jewelers should build marketing campaigns around.

The wholesale trade show’s Luxury Lifestyle section will showcase established and emerging jewelry designers.

As demand for custom jewelry grows, the company is expanding its services to support retailers.

The mid-year conference for jewelry and watch appraisers is slated for Aug. 9 to 10 on Zoom.

Graduated stones make for elevated tennis-style pieces and dramatic statement necklaces.

Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.

He retired last month after 28 years traveling the world to source the very best gemstones for his family’s jewelry business, Oscar Heyman.

The charm necklace features six nautical charms of shells and coral that founder Christina Puchi collected on Florida’s beaches.

The organization elected its youngest vice president as it looks to draw in fresh talent.

Campbell joins the company as vice president of business development while Liebler is the new vice president of operations.

The medals feature a split-texture design highlighting the Games’ first time being hosted by two cities and the athletes’ journeys.

Sponsored by The INSTORE Jewelry Show 2025