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Lot 366. Sapphire, diamond, enamel and gold bangle, Jacques Lacloche, circa 1935. Estimate 146,000 — 245,000 CHF. Lot sold 200,000 CHF. Photo: Sotheby's.

The front set with carved sapphires of leaf motifs, highlighted with circular-cut diamonds, the highly articulated band composed of gold segments, the sides accented with red enamel and carved sapphires, inner circumference approximately 140mm, expandable, signed J. Lacloche, French maker's mark. 

Sotheby's. Magnificent Jewels and Noble Jewels, Genève, 11 nov. 2015