Sapphire's sale leaves Minnesotans in shock
The Star Tribune is reporting that James J Hill's sapphire was sold at auction in New York City: The gem's sale for a record high bid of $3.064 million at a New York City auction earlier this week, however, indisputably left officials of the Minnesota Historical Society in a pleasant state of shock at their unexpected windfall. The piece interviews members from the historical society and expressed their shock as they were expecting a sale of around 80,000$. Every gem dealer in the world knew about this stone, adding that there aren't more than five in the world of that kind in size, clarity and color. After commissions and fees, the Historical Society's take will be about $2.6 million, which will be placed in an endowment to maintain the James J. Hill House on Summit Avenue.