Cartier Bracelet Sells for a Whopping $6.9 Million in Hong Kong

Hong Kong certainly brings to us pictures of wealth, skyscrapers and fashion as well. Almost the most important city in the Asia Pacific, apart from Tokyo, Hong Kong has always been in news for luxury products.

A Cartier bracelet with 9 sapphires was auctioned off for a hefty sum of $6.9 million. The bracelet was created in 1960 and the stones in it amount to 50 carats. It is not clear who bought the bracelet with the help of a Mandarin-speaking staff of host Christie’s International.

Christie’s biggest gems market is now Hong Kong and has even surpassed Geneva and New York. This just tells us how much economic success China has achieved after switching over to a market based economy. If only there were also free speech and transparency in the government, and the abolition of death penalty for petty crimes, China sure would be a great country.

Meanwhile, the Chinese can keep themselves busy with these sparkling jewels, and restrain themselves from making any kind of comments against the government. Talking about the bracelet, it was earlier auctioned in New York for $902,000. If you visit Hong Kong next time, think and talk less, but do carry a shopping bag to bring back jewels.

Via: Bloomberg

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