An art deco sapphire and diamond bracelet, by Van Cleef and Arpels, circa 1925. Photo courtesy Bonhams

The highly articulated bracelet set with a row of step-cut sapphire spaced by brilliant-cut diamonds, flanked by a row of brilliant-cut diamonds with triangular-cut sapphire highlights, diamonds approximately 7.60 carats total, sapphires approximately 14.40 carats total, signed Van Cleef and Arpels Paris, numbered, length 17.0cm. Estimate: HK$ 470,000 - 630,000 (€44,000 - 59,000) ($61,000 – $81,000)

Bonhams. FINE JEWELLERY & JADEITE. Hong Kong. 23 Nov 2013 14:00 CST - http://www.bonhams.com