Exceptional pieces smash estimates at jewellery auction



2015-06-26 11:41:08

Exceptional pieces smash estimates at jewellery auction

Recent 1.8m sale finds fantastic prices for exceptional pieces

Last weekend an auction at New Bond St in London saw some very impressive sales, especially of Cartier jewellery.

The star of the show was a stunning Cartier sautoir, a lengthy necklace combining diamonds and sapphires with three large aquamarines. Its 15,000-20,000 estimate was smashed by the final price of 216,000.

Cartier -which has recentlyemerged asAmerica's most popular jeweller- did particularly well at the auction.The other vendors,including William Asprey, Boucheron, Buccellati, Bulgari and Van Cleef and Arpels, each had a good day.

In total, 88% of the lots were sold, including diamonds, coloured stones and signed period jewels.

An extremely elegant pair of diamond earrings, each connecting a large lower diamond with a smaller diamond at the top, all brilliant cut (the classic diamond cut with many facets to maximise light return) sold for 120,000.

Another piece which far exceededits estimate was a ring with an emerald set in diamonds, formerly sold by Cartier around 80 years ago.

The impressive 8.41 step-cut emerald is set atop diamond shoulders, weighing a total of 1.85 carats. It sold for 162,000 despite a guide price of 30,000-40,000.

From the same period, an art deco diamond bracelet with a buckle motif running through brick-line brilliant-cut diamonds (15.80 carats in all) sold for69,000, easily surpassing itsestimateof 20,000-30,000.

Another impossible-to-ignore Cartier piece was a Kashmiri sapphire-in-diamonds ring, in which the cushion cut 2.37 carat sapphire was surrounded by pear-shaped diamonds to create the effect of a beautiful blue eye.

Overall, the sales indicated a very healthy, competitive market for high-end jewellery.

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