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Christie's Auction Sells Natural Pearls for $7.1million

By Janice Ambrose     Apr 26, 2007 in Business
A natural pearl necklace once belonging to a Maharajah sold for $7.1 million at Christie's auction on Wednesday. This is more than double the world record price for any piece of natural pearl jewelry.
An Asian private collector, bid for the Baroda Pearls over the phone. The pearls are a two strand necklace of natural pearls strung with 68 of the finest and largest pearls from a seven row necklace.
Also sold was the 22 Kashmir sapphire on behalf of the Minnesota Historical Society which set another world record when it sold for $3.1 million, making it, according to Christie's, the most expensive sapphire in the world.
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