Romanov Family Sapphire Sells For Nearly Four Million Pounds

Published 10h ago · Latest report 6h ago

Affects Switzerland and Russia · Covered in 2 countries

AI summary35s readNeutral

A historic sapphire once owned by Russia's imperial family has fetched nearly £4 million at a Geneva auction.

A large gemstone from the former Russian imperial collection was sold at auction in Geneva for nearly £4 million. The 198-carat sapphire previously belonged to Dowager Empress Maria Feodorovna before being seized by Soviet authorities. The winning bid exceeded initial pre-sale expectations.

  • The weightThe gemstone measures 197.80 carats in size.
  • The provenanceThe item was formerly part of the Russian Crown Jewels.
Why it matters

The Romanov dynasty ruled Russia for three centuries until the 1917 revolution led to the end of the monarchy and the execution of Tsar Nicholas II and his family. Imperial regalia and jewels were seized by the Soviet state during this period, with many items later sold off to raise foreign currency.

By the numbers2
197.8carats
$4.9Mauction sale price
How outlets cover it

What outlets agree on

A massive historical sapphire from the former Russian imperial collection was sold at an auction in Geneva for nearly £4 million, surpassing its estimated value.

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Covered by 2 outlets

50% of the sources are Left

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