Kashmir sapphire, Italian tiara at Sotheby’s auction

GENEVA: A tiara passed down generations of Italy’s royal family will be among the highlights at a Sotheby’s auction of jewels in Geneva next week. Dating to the second half of the 19th century, the tiara is on sale with an estimate price of $1mn to $1.5mn. The May 11 sale also features a 1930s sapphire and diamond brooch featuring the largest Kashmir sapphire ever to appear at auction - a 55.19-carat oval gem - alongside a Kashmir sapphire weighing 25.97 carats. It is estimated to fetch $2mn to $3mn