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Geneva jewel sales smash records: auction houses

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From a flawless diamond that fetched nearly 21.5 million dollars to another gem that went under the hammer for 10.9 million, Geneva's November jewellery auctions smashed several records this year. 

This handout picture released by Sotheby's auction house on November 14, 2012 shows a detail of a conch pearl, enamel and diamond bracelet made in the 1920's by Cartier. ©AFP PHOTO / SOTHEBY'S

Sotheby's chairman for jewellery in Europe and the Middle East David Bennett said the quality of sapphires, rubies and emeralds "was simply outstanding and this was reflected in the prices realised".

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