Arrow Fat Left Icon Arrow Fat Right Icon Arrow Right Icon Cart Icon Close Circle Icon Expand Arrows Icon Facebook Icon Pinterest Icon Twitter Icon Youtube Icon Hamburger Icon Information Icon Down Arrow Icon Mail Icon Mini Cart Icon Person Icon Ruler Icon Search Icon Shirt Icon Triangle Icon Bag Icon Play Video
  • Coral necklace auctions with 45% increase on estimate
  • Post author
    Paul Fraser
  • auctionsCoralnecklacewith

Coral necklace auctions with 45% increase on estimate

A graduated, three-strand coral necklace led Bonhams' San Francisco Salon Jewellery and Watches auction on March 25.

Estimated to be worth $6,000-8,000, the necklace sold with a 44.5% increase on its top valuation, for $11,500.

Salon Jewellery and Watches auction
A coral graduated three strand necklace highlighted Bonhams’ Salon Jewellery and Watches auction

A group of three unmounted coloured diamonds also sold with strong results, bringing $11,250. Having been given the conservative top estimate of $2,500, the diamonds' sale price represents a 350% increase.

Lynn Arkin, a jewellery specialist at Bonhams, commented: "Colour was a big winner in this sale, along with signed pieces from Cartier, Schlumberger and Tiffany & Co."

With a 75 carat white diamond to cross the block at Sotheby's in April, and a D-colour flawless diamond to wow crowds at Christie's in May, strong diamond sales suggest the current world record for the most valuable colourless diamond at auction might soon be exceeded.

Sign up for our free weekly newsletter.

  • Post author
    Paul Fraser
  • auctionsCoralnecklacewith