Sale of Important Jewelry on October 19, 2016 Tops $5 Million
Featuring Jewelry from The Thurston Collection and Other Prominent Estates and Collections
We Are Currently Accepting Consignments for Future Jewelry Auctions
Doyle’s auction of Important Jewelry on October 19, 2016 showcased dazzling jewelry by the world’s most prestigious makers, including Cartier, Van Cleef & Arpels, David Webb and Tiffany & Co., with offerings spanning the Antique, Victorian, Edwardian, Art Nouveau, Art Deco and Modern eras. Highlighting the sale was a selection of stunning pieces set with high carat weight diamonds and colored gemstones.
With competitive bidding in the salesroom, on the telephones and on the Internet, the sale totaled a strong $5,169,688, near the top end of the estimate of $3,840,450-5,490,050, with a strong 78% sold by lot and 89% sold by value.
Tying for top lot with four other pieces was a brooch set with a rare Padparadscha sapphire of 'Classic' Ceylon (Sri Lanka) origin weighing approx. 9.01 carats, from the Estate of Cora Nunnally Miller. The stone attracted a great deal of interest at the sale, which sent the piece soaring past its estimate of $12,000-18,000 to achieve a stunning $162,500. Padparadscha sapphires are the rarest and most prized form of sapphires. Their unusual color in the pinkish-orange range inspired its name, which is derived from the Sinhalese word for lotus blossom.
Also selling for $162,500 was a Burma sapphire and diamond ring of approx. 12.76 carats from the Estate of Grace Kirby Culbertson.
Two diamond rings also shared in the title of top lot. A ring set with a pear-shaped modified brilliant-cut diamond of approx 8.65 carats, D color, SI2 clarity, doubled its estimate of $70,000-90,000, selling for $162,500. The same price was achieved by a diamond and cabochon emerald ring from the Estate of Lee Kosow, Palm Beach, FL and Chestnut Hill, MA, set with an emerald-cut diamond of approx. 14.84 carats, M color, VS1 clarity.
Van Cleef & Arpels Mystery-Set Brooch
Van Cleef & Arpels patented the firm’s mystery-set process in 1933, and the demand for these exquisite pieces has never diminished. A mystery-set ruby and sapphire and diamond flower clip-brooch by Van Cleef & Arpels achieved $162,500, well over its estimate of $75,000-125,000. The circa 1957 brooch was the property of a Prominent Greek Lady.
All prices include the buyer’s premium.
We Invite You to Auction!
Consignments are currently being accepted for future sales in New York and Beverly Hills. 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:
Ann Lange in New York at 212-427-4141, ext 221 or [email protected]
Nan Summerfield in Beverly Hills at 310-276-6616 or [email protected]