Sale of Fine Jewelry in Beverly Hills on May 22, 2017
Auction Achieves $1.9 Million Amid Competitive Bidding
Consignments Are Currently Being Accepted for Future Auctions in New York and Beverly Hills
BEVERLY HILLS, CA -- Doyle held a successful sale of Fine Jewelry at The Paley Center for Media in Beverly Hills on May 22, 2017. Our semiannual West Coast sales of Fine Jewelry attract hundreds of bidders vying for exquisite designs consigned from prominent private collections and estates. The range of offerings includes stylish jewelry for garden lunches to glittering statement pieces perfect for the red carpet!
With competitive bidding in the room, on the telephones and on the Internet, the sale totaled $1,958,893 against a pre-sale estimate of $1,478,250-2,113,000, with an impressive 85% sold by lot and 86% sold by value.
Highlighting the sale was a ring by Kurt Wayne centering a Burma ruby of 3.16 carats that soared past its estimate of $15,000-30,000 to achieve $112,500. Property from the Estate of a Northwest Family, the ring was the object of much attention during the exhibition and dealers and sale. International competition at auction for quality colored stones, especially fine Burma rubies, has greatly increased, as evidenced by the strong price fetched by this ring.
Louis Comfort Tiffany
Colorful combinations of American gems reflected the collaboration of Louis Comfort Tiffany and renowned gemologist George Frederick Kunz, signaling a turn away from traditional jewelry at the end of the 19th century. A large antique Tiffany pendant cross was set with lively, exquisitely matched bluish-green tourmalines from Maine accented by Montana sapphires. Bidders and collectors from coast to coast competed for this early Tiffany rarity, sending the cross far over its estimate of $5,000-7,000 to reach $87,500.
The Mughal Empire of 17th and 18th century India is remembered for the sublime Taj Mahal built by Shah Jahan and for their mastery of floral cut gemstones, particularly emeralds. An impressive David Webb ring set with a Mughal-inspired carved cabochon emerald of approx. 85.00 carats inspired strong competition that drove the price to $56,250, far surpassing its estimate of $6,000-8,000. The ring was consigned by the Estate of Beatrice Shorr.
All prices include the Buyer's Premium.
We Invite You to Auction!
Consignments are currently being accepted for future sales in Beverly Hills and New York. We invite you to contact us for a complimentary auction evaluation of your jewelry and fine watches. Our specialists are always available to discuss the sale of a single item or an entire collection.
For information, please contact:
Nan Summerfield and Emily Marchick in Beverly Hills at 310-276-6616 or DoyleLA@Doyle.com
Ann Lange in New York at 212-427-4141, ext 221 or jewelry@Doyle.com