Auction of Important Jewelry on October 16, 2019
Fancy Blue Diamond of 1.80 Carats Achieves $975,000!
Pair of Kashmir Sapphire and Diamond Earclips Sell for $300,000
NEW YORK, NY -- Doyle's October 16, 2019 auction of Important Jewelry showcased luxurious jewelry spanning the Antique, Victorian, Edwardian, Art Nouveau, Art Deco and Modern eras by the world’s most prestigious makers, including Cartier, David Webb, Van Cleef & Arpels and Tiffany & Co. Featured were dazzling rings, necklaces, brooches and bracelets set with diamonds, colored stones, jade and natural pearls, as well as gold jewelry, gentlemen’s accessories and objets de vertu.
With competitive international bidding in the salesroom, on the telephones, and via the Internet the auction totaled a successful $5,965,350, surpassing its estimate of $3,761,300-5,448,400, with an exceptional 88% sold by lot and 90% sold by value.
Fancy Colored Diamonds
Highlighting the sale was a glittering Fancy Blue diamond of approx. 1.80 carats, SI2 clarity, that achieved a stunning $975,000, far surpassing its estimate of $400,000-600,000). The old European-cut stone was set in an elegant diamond and platinum ring, circa 1915. Classified as type IIb diamonds, blue diamonds are colored by trace elements of Boron and form at depths far greater than most other diamonds.
Property of a Sarasota Lady featured a Fancy Intense Orangy Pink Diamond that fetched $200,000, surpassing its estimate of $100,000-150,000. Weighing 2.40 carats, the unmounted cut-cornered rectangular stone with SI2 clarity sparkled with a hue similar to Padparadscha sapphires. Pink diamonds are believed to be the result of intense seismic pressure that alters the stone’s crystal structure at the molecular level, producing the pink hue.
The international market for quality colored stones continues to strengthen as evidenced by a pair of cabochon Kashmir sapphire and diamond earclips that soared past their estimate of $25,000-35,000 to realize a staggering $300,000. Property from a New York and North Carolina Estate, the earclips were set with Kashmir sapphires of exceptional color and clarity weighing 5.21 and 6.00 carats.
Property from a Connecticut Family featured a Burma ruby and diamond ring centering a cushion-shaped ruby of 7.46 carats that sold for $125,000, well over its $70,000-90,000 estimate.
The Estate of Elesabeth Ingalls Gillet
A special feature was jewelry from the Estate of steel heiress, philanthropist and conservationist Elesabeth Ingalls Gillet of Palm Beach Florida. The remarkable collection offered a range of pieces, from exquisite family heirlooms to bold and sometimes whimsical designs that embody a great lady and a life well-lived. Read More
All prices include the Buyer’s Premium.
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