Sale Total Far Exceeds Pre-Sale Estimate of $3,524,000-5,024,800
Pair of Natural Pearls Achieve World Auction Record of $3.3 Million
Consignments Are Currently Being Accepted for Doyle New York's Fall 2014 Important Jewelry Auction
Doyle New York's Important Jewelry auction on April 28, 2014 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, Cartier, Tiffany & Co., and David Webb. Attracting a great deal of attention were an important pair of natural pearls and a selection of high carat weight diamond jewelry. Also featured were fine watches and objets de vertu, including elegant compacts and cufflinks.
Strong international competition from hundreds of bidders in the saleroom, on the telephones, and on the Internet resulted in a very successful sale total of $8,298,813, surpassing the pre-sale estimate of $3,524,000-5,024,800, with a strong 84% sold by lot and 90% sold by vale.
Important Pair of Natural Pearls
Highlighting the auction was a pair of rare and exceptional natural pearls that sold for $3,301,000 – A World Auction Record for a Pair of Natural Pearls. They were purchased by an anonymous telephone bidder. The staggering price far surpassed the prior world record for a pair of natural pearls set last year. On May 15, 2013, Christie’s Geneva auctioned a pair of natural pearls from the collection of a Lady for $2.44 million. That pair broke the prior record of $2.39 million for a pair of natural pearls set just one day earlier on May 14, 2013 by Sotheby’s Geneva for a pair of natural pearls from the collection of Gina Lollobrigida.
For more information on the sale of the natural pearls, click here.
All prices include the buyer’s premium.
NEXT IMPORTANT JEWELRY AUCTION: Fall 2014
Consignments are currently being accepted for Doyle New York’s Fall 2014 auction of Important Jewelry. We invite you to contact us for a complimentary auction evaluation. Our specialists are always available to discuss the sale of a single item or an entire collection. For information, please call Ann Lange at 212-427-4141, ext 221 or email [email protected]