Art Deco diamond bracelet brings 'three times estimate' in California auction



2015-06-26 12:42:02

Art Deco diamond bracelet brings 'three times estimate' in California auction

Sold for $30,000, this Art Deco diamond, emerald and platinum bracelet starred in a US jewellery sale

An Art Deco diamond, emerald, and platinum bracelethas auctioned for more than three times its high estimate in Pasadena, California.

Russian jewellery inspired particularly intense bidding in the sale - both from long distance and local buyers. Among the coveted pieces was an 88-standard silver and enamel cup. It sold for eight times the high estimate ($800-1,200) to realise $10,000).

Art Deco diamond, emerald, and platinum bracelet

The Art Deco bracelet setwith 52 French-cut diamonds

Other star lots included a Faberge egg pendant which brought $3,369 (estimated at $1,500-2,000).

Meanwhile, diamonds of all cuts and settings attracted plenty of demand, with pieces described byby the auctioneeras "charming [and] whimsical" bringing as much interest as classic collectibles.

Among these was an Art Deco onyx desk clock by Cartier (once owned by British character actor Roland Young). It drew a number of interested collectors forward in the week prior to the sale, eventually selling for nearly five times the high estimate at $14,700 (estimate $2,000-3,000).

But the auction's biggest star was an exquisite Art Deco bracelet (pictured). Set with 52 French-cut diamonds, offset by rows of caliber-cut emeralds, 104 in total, the piece proved irresistible for floor, phone, and absentee bidders.

In the end, it went to a floor bidder for a final price of $30,000. It had been estimated at just $7,000-9,000.

Watch this space for more news from the rare jewellery markets.

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