On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. This is such a lot.
THE COLLECTION OF PEGGY AND DAVID ROCKEFELLER
Post Lot Text
This sapphire was originally purchased by David Rockefeller in 1943 from Raymond Yard. The sapphire was in a platinum mounting, set with two half-moon diamonds. The ring was an estate purchase made by Mr. Yard who listed it as a 'Cashmere Sapphire.' In 1952 the sapphire was reset into its current mounting.