At this year's Phillips’ Geneva Jewels Auction: V on November 10, 2025, the spotlight center-focused on The Vanderbilt Sapphire, a stunning Belle Époque masterpiece epitomizing the grandeur and fine gem-setting artistry of the Gilded Age. Part of the Vanderbilt Family Jewels collection, the piece led a 100% sold group that realized CHF 3.42 million / US$ 4.25 million, achieving four times its low estimate.

Period jewels and signed creations demonstrated exceptional strength as a whole, with 90% of lots sold, many exceeding their high estimates. The sale featured iconic designs by historically renowned design houses like Tiffany & Co., Cartier, and Bulgari, including the celebrated Cartier “Panthère” jewels and Bulgari “Serpenti” belt, each representing distinct hallmarks of craftsmanship and design evolution in 20th century jewelry history.

Phillips’ Worldwide Head of Jewellery, Benoît Repellin, described the results as a testament to the “timeless power of exceptional jewels,” underscoring collectors’ continuing appreciation for artistry, provenance, and the refined aesthetics of historic gem-set works.

The auction drew over 1,600 visitors and bidders from 44 countries, reflecting sustained international enthusiasm for period jewels. Phillips’ Geneva Jewels Online Auction continues until 13 November, followed by the next live sale in New York on 8 December. Visit www.phillips.com for more information and news on this event and their other similar jewelry headliners.

Editorial Article Images and Photography: Phillips Auctioneers, LLC

While many notable fancy colored blue diamonds grace the halls of auction houses around the world, colored stones like blue sapphire can also achieve a level of quality and prominence worthy of high distinction and exclusivity. One of the largest pristine blue sapphires ever to arrive at the international jewelry scene is aptly named the Blue Belle of Asia.



This 392.52ct vivid blue gemstone was recorded as the fourth largest sapphire in history, following the likes of the Queen of Romania Sapphire, the Blue Giant of the Orient, and the Logan Sapphire. It was mentioned that this particular gem was unearthed from the gem-rich mines of Sri Lanka, previously referred to as Ceylon. Many blue sapphires of bright saturation and medium to medium-light color are still called 'Ceylon Sapphires' due to the notable production of fine blues associated with the area.

The Blue Belle of Asia has a long history of ownership. After its discovery in the 1920's, it was soon obtained by Macan Markar in Colombo. Then in 1937, Lord Nuffield, the founder of Morris Motors Limited bought the sapphire for his estate. There were some indications that the stone had meant to be presented to Queen Elizabeth for her coronation in May of 1937, however this did not happen as the Blue Belle instead vanished from the public eye for the next several decades.



In 2014, Christie's auction house held a Geneva auction wherein the Blue Belle of Asia was seen again. The stone at the time was listed by a private persona, and it eventually sold for just over 17 million dollars, which at the time broke all records for the most expensive colored gemstone to be sold at auction. There are not many sapphires of this quality and size, even in national museum displays and exhibitions.

Its historical significance and rarity shows collectors that sapphire's place as part of the 'Big Three' colored gemstones (along with ruby and emerald) is well earned in the jewelry trade, and that fine blue sapphires are truly some of the rarest treasures of nature.

What some people don't know, is that rubies and sapphires actually belong to the same gem species called corundum. Corundum is basically aluminium oxide that has crystallised in the trigonal crystal lattice system. It's pretty hard at a 9 on the Moh's scale, and at its most basic composition- is actually colorless. What makes rubies red and sapphires blue though?

Rubies get their red color from the presence of a trace element called Chromium. The percentage of chromium is very small, just a few parts per million actually, but this interacts with light and the surrounding atoms to produce various degrees of red and pink in corundum. Pink sapphire is also often primarily colored by chromium.

Sapphire on the other hand, usually refers to blue sapphire when used as a standalone term. Blue sapphire mostly gets its color from the presence of iron and titanium. Despite this, some people don't know that there are actually many different colors of sapphire- such as green, pink, purple, and orange. These are often called 'fancy sapphires' or are preceded by their respective color hues.



Corundum represents one of the most commonly used colored gemstones in the jewelry trade today. Rubies are traditionally the most expensive colored gemstone actually. Sometimes though there is debate over where the line holds clear in the definition between rubies and pink sapphires, as the only difference is in the strength and presence of the red color component. If a stone's color is too light, traders usually term it as pink sapphire instead of ruby.

Rubies belong to the gem species known as corundum, which is the trigonal form of crystalized aluminium oxide. Other members of this species include blue sapphire and fancy-colored sapphire. Natural ruby can be very rare, especially in its top color qualities. In the late 1800's however, man-made ruby started to emerge as a French Chemist named August Verneuil began the flame-fusion method of synthesizing corundum. Today experienced gemologists are able to tell the difference between flame fusion 'man-made' rubies and natural earth-mined rubies through microscopic observation. The value difference between the two is incredibly high, as synthetic rubies can even be purchased for a few dollars per-carat at wholesale.

The Rose of Mozambique (Photography Credit to Gemfields) reminds us of a lot of high-quality material that historically came from Burma or Myanmar's Mogok region. Despite that locality's fame, fine rubies are not limited to a certain country or specific source, and so it's wonderful to hear about Mozambique producing such a beautifully vivid gemstone from its soil.



Always be sure that your ruby stone is a natural product of the earth, and not a man-made version. There's nothing wrong with the latter, but you want to be sure of what you have, so that you know the proper standard by which it is valued and traded in today's jewelry industry. You wouldn't want to buy a beautiful "natural" gemstone for thousands of dollars only to figure out it could be easily grown in a factory right?