A bracelet with a Romanov sapphire was sold at an auction in Geneva for $4.9 million.
The auction took place in Geneva, Sotheby's representatives said.
The stone, weighing almost 198 carats, is set on a bracelet decorated with diamonds and rock crystal. Before the sale, the lot was valued at about 1-2 million dollars.
The sapphire in a diamond setting by Fabergé was worn by the Dowager Empress Maria Feodorovna, wife of Alexander III. The bracelet acquired its current form in 2015.