Three times since 1971, a sizeable Burma sapphire once owned by John D. Rockefeller Jr. and now named after him has come up for auction at Sotheby’s. All three times the stone was bought by the same New York fine gem specialist, Ralph Esmerian. So great is his esteem for the 62.02-carat emerald cut that he paid $2.85 million ($46,000 per carat) to re-acquire it the last time the gem hit the behemoth hit the block at a St. Moritz sale in February 1988.That was no top dollar for a Burma sapphire then.And now.Come to think of it, so was…
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