High Grade 1.61 Carat Natural Royal Blue Sapphire and 1 Carat Diamond Estate Ring in Platinum; $19,500
Lot #2
Item: 81e7-2560062

St. Cloud, MN

This Lot is:

Closed

Sun, Jun 14, 2020 7:57pm CDT

High Bidder: #196833

Current Bid:

$4,450.00

Next Required Bid: $4,525.00

Location / Contact:
319 24th Ave N, St. Cloud, MN 56303
Phone: 952-261-4942

Lot Description:

The gem of the auction!  A gorgeous natural ~1.61 carat royal blue Sri Lankan / Ceylon Sapphire is surrounded by a ~1 carat burst of baguette and round cut bright white diamonds and set in platinum.

Retail Estimate: $19,500; No Reserve!

Fine facts: Sri Lanka sapphires are probably the world's most famous and sought after sapphires due to the color in the blues only second to the extremely rare Kashmir sapphire. Today Sri Lanka sapphire's are the most sought after worldwide by the top gem buyers and collectors the world over.  Royal Blue is considered the most sought after and expensive hue of blue sapphires in the world.

*Nationwide shipping is available for only $10 flat total no matter how many lots you win (insurance optional)!  Inspections are welcomed and available by appointment, call (952) 261-4942 to schedule a time.  We guarantee all of our jewelry to be as described so bid with confidence!

***IMPORTANT, PLEASE READ BEFORE BIDDING!***

1. THERE IS NATIONWIDE SHIPPING AVAILABLE FOR THIS AUCTION (SEE THE SHIPPING TAB FOR INFO).  THERE IS NO FACE-TO-FACE PICK-UP AVAILABLE DUE TO THE STAY-AT-HOME ORDER BY GOV. WALZ.

2.  NEXT DAY REMOVAL IS MONDAY, JUNE 15th FROM 9AM to 5PM.  LATE PAYMENT FEE IS $10.  ALL PAYMENTS DUE BY 5PM ON REMOVAL DAY.

3.  ALL ITEMS ARE STORED OFF-SITE IN A SAFE.  TO INSPECT ANY ITEM(S), PLEASE CALL AUCTION HOUSE WITH A LIST OF SPECIFIC LOTS THAT YOU'D LIKE TO INSPECT AND INSPECTION CAN BE ARRANGED.

4.  ALL ITEMS STATED AS PLATINUM, GOLD (Yellow, White, 10k - 18k), PLATLITE, AND STERLING SILVER ARE GUARANTEED TO BE THOSE METALS; SOLID, NOT FILLED OR PLATED.

5.  IF ANY ITEM IS LISTED AS DIAMOND IT IS GUARANTEED TO BE A GENUINE, NATURAL DIAMOND.

6.  ANY GEMSTONES INCLUDING RUBIES, EMERALDS, SAPPHIRES, ALEXANDRITE, TANZANITE, AMETHYST, TOPAZ, CITRINE, MORGANITE, AND ALL OTHERS COULD BE EITHER NATURAL (NOTED AS NATURAL), LAB-CREATED, COLOR-ENHANCED, GLASS-FILLED, CRYSTALIZED, OR LASER-TREATED.  ALL CARAT SIZES ARE APPROXIMATE AS MOUNTING PERMITS OBSERVATION BUT ARE GENERALLY WITHIN THE 10% ACCEPTED GUIDELINES OF APPROXIMATION.

7.  ALL APPRAISALS, ESTIMATES OF VALUE, AND EVALUATIONS ARE THE OPINION OF THE INDIVIDUALS GIVING THE VALUE BASED ON CURRENT MARKET PRICE AT WHICH THE COMPARABLE MARKET JEWELRY MAY BE PURCHASED NEW IN A FINE JEWELRY STORE.  IF AN APPRAISAL IS INCLUDED ON ANY ITEM OF JEWELRY IT IS SOLELY FOR INFORMATIONAL PURPOSES AND SHOULD NOT BE USED AS THE ONLY BASIS FOR PURCHASE, SALE, OR RESALE OF THE ITEM.  AUCTION HOUSE SHALL NOT BE HELD LIABLE FOR ANY LOSS, DAMAGE, OR FOR ANY ERROR OR OMISSION IN THE APPRAISAL SUBMITTED.

Inspection

Auction Closing:

Sun, Jun 14, 2020
07:55 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Auction House

Manager: James Egge


There is a 13.00% BUYERS PREMIUM on this auction.

This auction is contracted and managed by Auction House and James Egge, Auctioneer (Lic 05-15-002). K-BID is the Dealer of Record. DLR #24714

This affiliate accepts: Cash, Visa, MasterCard, American Express and Discover.  Checks are not accepted.

***IMPORTANT, PLEASE READ BEFORE BIDDING!***

1. THERE IS NATIONWIDE SHIPPING AVAILABLE FOR THIS AUCTION (SEE THE SHIPPING TAB FOR INFO).  THERE IS NO FACE-TO-FACE PICK-UP AVAILABLE DUE TO THE STAY-AT-HOME ORDER BY GOV. WALZ.

2.  NEXT DAY REMOVAL IS MONDAY, JUNE 15th FROM 9AM to 5PM.  LATE PAYMENT FEE IS $10.  ALL PAYMENTS DUE BY 5PM ON REMOVAL DAY.

3.  ALL ITEMS ARE STORED OFF-SITE IN A SAFE.  TO INSPECT ANY ITEM(S), PLEASE CALL AUCTION HOUSE WITH A LIST OF SPECIFIC LOTS THAT YOU'D LIKE TO INSPECT AND INSPECTION CAN BE ARRANGED.

4.  ALL ITEMS STATED AS PLATINUM, GOLD (Yellow, White, 10k - 18k), PLATLITE, AND STERLING SILVER ARE GUARANTEED TO BE THOSE METALS; SOLID, NOT FILLED OR PLATED.

5.  IF ANY ITEM IS LISTED AS DIAMOND IT IS GUARANTEED TO BE A GENUINE, NATURAL DIAMOND.

6.  ANY GEMSTONES INCLUDING RUBIES, EMERALDS, SAPPHIRES, ALEXANDRITE, TANZANITE, AMETHYST, TOPAZ, CITRINE, MORGANITE, AND ALL OTHERS COULD BE EITHER NATURAL (NOTED AS NATURAL), LAB-CREATED, COLOR-ENHANCED, GLASS-FILLED, CRYSTALIZED, OR LASER-TREATED.  ALL CARAT SIZES ARE APPROXIMATE AS MOUNTING PERMITS OBSERVATION BUT ARE GENERALLY WITHIN THE 10% ACCEPTED GUIDELINES OF APPROXIMATION.

 

7.  ALL APPRAISALS, ESTIMATES OF VALUE, AND EVALUATIONS ARE THE OPINION OF THE INDIVIDUALS GIVING THE VALUE BASED ON CURRENT MARKET PRICE AT WHICH THE COMPARABLE MARKET JEWELRY MAY BE PURCHASED NEW IN A FINE JEWELRY STORE.  IF AN APPRAISAL IS INCLUDED ON ANY ITEM OF JEWELRY IT IS SOLELY FOR INFORMATIONAL PURPOSES AND SHOULD NOT BE USED AS THE ONLY BASIS FOR PURCHASE, SALE, OR RESALE OF THE ITEM.  AUCTION HOUSE SHALL NOT BE HELD LIABLE FOR ANY LOSS, DAMAGE, OR FOR ANY ERROR OR OMISSION IN THE APPRAISAL SUBMITTED.

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

At the close of the auction active items will remain open until no bids have been received for three minutes.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.

This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.     K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.     K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.   By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.   Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).   Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.   Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.   Sellers, and their agents, are prohibited from bidding on their own assets.   Items with a reserve will not be sold unless the reserve price has been met.   At the close of the auction active items will remain open until no bids have been received for three minutes.   Applicable sales tax will be collected by the affiliate managing the auction.     In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion K-BID reserves the right to delete any bid we believe has been place by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until user is verified . K-BID Online, Inc reserves the right to disallow anybody from bidding on its web site. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.   Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.    Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.


Auction Terms Addendum

This auction is contracted and managed by an independent affiliate. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.

Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies (“Affiliates”) to conduct online auctions.
Affiliates are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.

Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.

Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.

Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.

Auction Process

  • Items with a reserve will not sell unless the reserve price is met.
  • Affiliates may lower reserves at any time:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing process.

Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.

If bidding privileges are suspended due to unpaid invoices:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.

Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.

Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.



319 24th Ave N
St. Cloud
MN, 56303


Phone: 952-261-4942

JEWELRY

NATIONWIDE SHIPPING IS $10 (WHICH ALSO COVERS POSTAGE) NO MATTER HOW MANY LOTS YOU WIN.  OPTIONAL INSURANCE IS EXTRA.

WATCHES & NON-JEWELRY ITEMS (ART GLASS, ETC)

(1 LOT) $15

(2-3 LOTS) $19

(4+ LOTS) $24

Bid History

59 Bid(s)
Bidder Placed High Bid
196833
Jun 14 08:08pm
$4,450.00
259260 ^
Jun 14 08:07pm
$4,375.00
196833
Jun 14 08:07pm
$4,301.02
259260
Jun 14 08:07pm
$4,226.01
196833
Jun 14 08:06pm
$4,151.01
259260
Jun 14 08:04pm
$4,076.01
196833
Jun 14 08:04pm
$3,925.00
259260 ^
Jun 14 08:04pm
$3,850.00
196833
Jun 14 08:04pm
$3,775.01
259260
Jun 14 08:03pm
$3,700.00
196833
Jun 14 08:03pm
$3,625.00
259260
Jun 14 08:01pm
$3,550.00
196833
Jun 14 08:01pm
$3,325.00
259260 ^
Jun 14 08:01pm
$3,250.00
196833
Jun 14 08:01pm
$3,202.06
259260
Jun 14 08:00pm
$3,125.00
196833
Jun 14 07:59pm
$3,050.00
259260 ^
Jun 14 07:59pm
$2,876.02
196833
Jun 14 07:59pm
$2,801.02
259260
Jun 14 07:58pm
$2,725.00
196833
Jun 14 07:58pm
$2,650.00
259260 ^
Jun 14 07:58pm
$2,575.00
196833
Jun 14 07:58pm
$2,550.01
259260
Jun 14 07:58pm
$2,475.00
196833
Jun 14 07:57pm
$2,400.00
259260 ^
Jun 14 07:57pm
$2,325.00
196833
Jun 14 07:57pm
$2,251.01
259260
Jun 14 07:57pm
$2,175.00
196833
Jun 14 07:57pm
$2,100.00
259260 ^
Jun 14 07:56pm
$2,025.00
196833
Jun 14 07:56pm
$1,950.02
259260
Jun 14 07:56pm
$1,875.01
196833
Jun 14 07:56pm
$1,800.01
259260 ^
Jun 14 07:55pm
$1,725.01
196833
Jun 14 07:55pm
$1,650.01
259260
Jun 14 07:55pm
$1,570.00
196833
Jun 14 07:54pm
$1,495.00
259260
Jun 14 07:54pm
$1,420.00
196833
Jun 14 07:54pm
$1,345.00
239969
Jun 14 07:53pm
$1,270.00
287749
Jun 14 01:33pm
$1,195.00
334711
Jun 13 05:26pm
$1,120.00
335781
Jun 13 04:52pm
$1,045.00
334711
Jun 13 09:29am
$995.00
338223
Jun 12 09:01pm
$945.00
335781
Jun 12 01:42pm
$895.00
334711
Jun 12 06:55am
$845.00
222996
Jun 11 09:36am
$795.00
335781
Jun 09 03:58pm
$675.00
322972 ^
Jun 09 03:56pm
$625.00
335781
Jun 09 03:56pm
$575.00
322972
Jun 08 03:12pm
$525.00
326105 ^
Jun 06 10:36pm
$400.00
225275
Jun 06 10:36pm
$375.00
326105 ^
Jun 06 10:35pm
$350.00
225275
Jun 06 10:35pm
$325.00
326105
Jun 06 05:09pm
$210.00
300076
Jun 06 01:29pm
$26.00
253246
Jun 06 01:27pm
$5.00