Important Jewelry Auction on October 21, 2015 at Doyle Tops $7 Million
October 21, 2015 Sale Saw Strong Competition for High-Carat-Weight Diamonds and Colored Stones
Consignments Are Currently Being Accepted for Upcoming Jewelry Auctions
Doyle's Important Jewelry auction on October 21, 2015 offered jewelry spanning the Antique, Victorian, Edwardian, Art Nouveau, Art Deco and Modern eras by the world's most prestigious makers, including Van Cleef & Arpels, Bulgari, Cartier, Tiffany & Co. and David Webb. Highlighting the sale was a selection of rings featuring high-carat-weight diamonds and colored stones.
Strong international competition from hundreds of bidders in the saleroom, on the telephones, and on the Internet resulted in a successful sale total of $7,155,688, surpassing its pre-sale estimate of $4,870,000-7,056,300, with a strong 80% sold by lot and 90% by value.
Important Colored Stones
Growing international demand for large, quality colored stones was evident at the auction. The top lot of the sale was a Trombino ring by Bulgari set with diamonds centering a Burma ruby of 7.28 carats with exceptional color that soared past its estimate of $200,000-300,000 to achieve a stunning $725,000.
Another outstanding price was achieved by a circa 1905 ring set with diamonds surrounding a rare Kashmir sapphire of 3.30 carats. Attracting much attention durng the exhibition, the ring fetched $197,000, many times its estimate of $20,000-30,000. A ring centering a large ‘Royal Blue’ Burma sapphire of 17.74 carats and a ring by Bayco set with a Colombian emerald of 10.37 carats each sold for $185,000, against their identical estimates of $150,000-250,000.
The sale also offered a selection of glittering high-carat-weight diamonds. By Van Cleef & Arpels was a ring set with a rare type IIa, emerald-cut diamond of approx. 8.34 carats, D color, VVS2 clarity, that fetched $281,000 against an estimate of $200,000-300,000. Another example centering an emerald-cut diamond of approx. 11.65 carats, I color, VS2 clarity, achieved $269,000, surpassing its estimate of $150,000-250,000. A ring with an oval diamond of approx. 4.45 carats, D color, VVS2 clarity, more than doubled its estimate of $50,000-70,000 to achieve $155,000.
The Collection of Irving Gold
A special section of the sale was devoted to the collection of master jeweler Irving Gold, who for over 60 years created iconic pieces for Van Cleef & Arpels. More
All prices include the buyer’s premium.
Upcoming Jewelry Auctions:
Fine Jewelry: November 16, 2015 in Beverly Hills
Important Jewelry: December 16, 2015 in New York
Fine Jewelry: February 2016 in New York
Consignments are currently being accepted for Doyle’s upcoming jewelry auctions. We invite you to contact us for a complimentary auction evaluation. Our specialists are always available to discuss the saleof a single item or an entire collection.
For information, please call Ann Lange at 212-427-4141, ext 221 or email [email protected]