Auction of Important Jewelry on April 24, 2018
Burma Ruby Ring by Raymond Yard Achieved $492,500
Featuring Property from the Noel and Harriette Levine Collection and the Estate of Wendy Vanderbilt Lehman
NEW YORK, NY -- Doyle’s auction of Important Jewelry on April 24, 2018 showcased dazzling jewelry by the world’s most prestigious makers, including Cartier, Van Cleef & Arpels, David Webb, Paul Flato and Tiffany & Co., with offerings spanning the Antique, Victorian, Edwardian, Art Nouveau, Art Deco and Modern eras. Also attracting attention were high-carat-weight diamond and colored stone rings, as well as fine watches, gentlemen’s accessories and objets de vertu.
With competitive bidding in the saleroom, on the telephones and via the Internet, the auction totaled an exceptionally strong $6,167,563, well over its the estimate of $3,268,500-4,912,100, with a robust 86% sold by lot and 93% sold by value.
Colored stones continued their upward climb in value as evidenced by their strong prices at the sale. Highlighting the sale was a ring by Raymond Yard centering a dazzling cushion-shaped Burma ruby of approx. 6.04 carats with no indications of heat or clarity enhancement. Determined bidders sent the price soaring over its $80,000-120,000 to achieve a remarkable $492,500. A ruby and diamond necklace, set with rubies totaling approx. 61.80 carats, sold for $200,000, more than doubling its estimate of $70,000-90,000.
Emeralds also fared strongly at the auction. A ring set with a Colombian emerald of approx. 5.51 carats estimated at $40,000-60,000 fetched $137, 500, and another of approx. 8.98 carats with the identical estimate sold for $112,500.
Diamonds were also in demand, highlighted by a sparkling example set with a marquise-shaped diamond, approx 8.69 carats, F color, SI1 clarity, from the Estate of a New York Lady. Strong competition sent the ring past its estimate of $120,000-180,000 to an exceptional $336,500.
The Noel & Harriette Levine Collection
Jewelry from the Noel and Harriette Levine Collection offered exceptional pieces by David Webb, Van Cleef & Arpels and other makers comprising lots 335 – 387. Highlights included a stylish Van Cleef & Arpels turquoise bracelet/necklace combination enhanced with diamonds and sapphires estimated at $30,000-50,000 that fetched $150,000. Read More About the Collection
The Estate of Wendy Vanderbilt Lehman
A special section of the auction was devoted to important jewelry and objets de vertu from the Estate of Wendy Vanderbilt Lehman, comprising lots 279 – 293. Highlighting the collection was a rare and exceptional pair of 1930s platinum and diamond feather clips by Paul Flato estimated at $30,000-50,000 that sold for $106,250. Read More About the Estate
All prices include the buyer's premium.
Jewelry Breakfast with David Patrick Columbia / Friday, April 20, 2018
Over two hundred guests attended a breakfast with David Patrick Columbia of NewYorkSocialDiary.com as he shared his memories of Wendy Vanderbilt Lehman. The event was hosted within the exhibition of Important Jewelry, including jewelry from the Estate of Wendy Vanderbilt Lehman offered on April 24. Also on view were her remarkable collection of colorful fashion jewelry by Iradj Moini and Kenneth J. Lane to be offered on May 23.
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