Auction of Jewelry and Contents of Abandoned Safe Deposit Boxes on February 19, 2019
By Order of Bank of America
$148,250 Achieved for Group Lots of Amber Beads from the Estate of Linda Lee Johnson
NEW YORK, NY -- Doyle's auction on February 19, 2019 offered over 850 lots of jewelry, watches and gold coins, in addition to contents of abandoned safe deposit boxes by order of Bank of America. Showcased were stylish gold jewelry and pieces set with diamonds and other gemstones, as well as costume jewelry and accessories and numerous group lots.
With competitive bidding in the saleroom, on the telephones and via the Internet, the auction totaled a successful $1,232,704, surpassing the estimate of $637,732- 915,640, with an impressive 95% sold by lot and 98% sold by value.
Amber Beads Total $148,250
Highlighting the sale was a series of group lots of amber beads from the Estate of Jewelry Designer Linda Lee Johnson that totaled a staggering $148,250. The market for amber has been soft for the past few years, yet the amber offerings in the auction attracted intense competition -- is this the start of a new trend? Jewelry from the Estate of Linda Lee Johnson is also featured in the Fine Jewelry auction on February 20.
An accomplished sculptor, Linda Lee Johnson studied jewelry making in the 1980s, and her creations were initially sold by Tiffany & Co. In 1989, she partnered with Barney’s and introduced the store’s first jewelry collection. Read More
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