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  • Exceptional pieces smash estimates at jewellery auction
  • Post author
    Paul Fraser
  • estimatesExceptionalpiecessmash

Exceptional pieces smash estimates at jewellery auction

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 recently emerged as America'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 exceeded its 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 for £69,000, easily surpassing its estimate of £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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  • Post author
    Paul Fraser
  • estimatesExceptionalpiecessmash