Distinguished Collections Drive Sotheby’s New York Auction of Magnificent Jewels To $60.6 Million
Sotheby’s New York auction of Magnificent Jewels concluded with an outstanding total of $60,550,813, selling a strong 82.1% by lot and surpassing its pre-sale high estimate of $58.7 million. This figure raises the 2013 results for Sotheby’s worldwide jewelry auctions to just over $600 million to-date – already more than 30% above the previous record high for the Company’s sales in this category, set just last year, and with another auction tomorrow in London. Today’s results also notably mark the highest-ever total for a jewelry sale at Sotheby’s New York.
The 11 December Auction was led by fifteen pieces that sold over $1 Million including a 61.35 Carat Colombian Emerald Ring, which achieved $4.6 million, and Five Rare Egyptian-Revival Jewels by Cartier, bringing in $2.3 million.
Lisa Hubbard, Chairman, North & South America, Sotheby’s International Jewelry Division, said: “This was a fantastic sale for those who love and appreciate jewelry as art. Not only was it defined by important stones that brought exceptional results, but also by iconic designs that spoke so vividly to the cultures and periods that inspired them – the Egyptian-revival pieces by Cartier, the Indian-influenced jewels from the Distinguished Family Collection, and the modernist, African-inspired Boucheron wrist cuff were all a privilege to offer.”
A superb selection of beautiful signed and period jewels will be offered on 11 December in the Magnificent Jewels sale in New York. Collectors will discover rare Egyptian-Revival jewels made by Cartier in the 1920s, an exotic Boucheron bracelet shown at the 1931 Exposition Coloniale in Paris, and a private collection of iconic Schlumberger designs. Also featured are jewels from a distinguished family collection -- led by an important D color emerald-cut diamond of 24.48 carats and a spectacular Indian-inspired Cartier emerald and diamond necklace – this collection further comprises many emerald jewels, Art deco handbags and decorative pieces dating from the first half of the 20th century. The collection of a distinguished lady comprises glittering jewels designed with fancy vivid yellow diamonds and emeralds of impressive size and top quality. Additional highlights include an exquisite Cartier diamond brooch from an estate, strands of natural pearls, mystery-set ruby jewels from Van Cleef & Arpels, and superlative quality diamonds and colored stones from private collections.
Travelling Exhibition in Los Angeles:
17 November, 12 noon-5pm
Please note that this lot is being offered without reserve.
Please note that the missing diamonds as stated in the printed catalogue have been replaced.
Please note that an emerald has fallen out of one charm and will be replaced by Sotheby's for the purchaser.
Please note that the gray strand is accompanied by a GIA report stating that the pearls are Cultured, Natural Color.
Please note the earclips date from circa 1990, not circa 1960 as stated in the printed catalogue.
Please note the small missing diamond has been replaced.
Please note that the sketch of a necklace of identical design is illustrated in Harry Winston: The Ultimate Jeweler by Laurence S. Krashes, page 207.
Please note that the brooch does not date from circa 1960 as stated in the printed catalogue.
Please note that one of the posts has become detached and will be repaired for the purchaser by Sotheby's.
Please note the necklace is composed of 22k gold and platinum. According to the designer, the necklace was executed in 1998 as part of the "charming monsters" line and is a one-of-a-kind piece.
Please note that this suite was formerly in the collection of Joan Crawford.
Please note that there are no tapered baguette diamonds as described in the printed catalogue, and that the ring size is 6 and not 6 ¼.
Please note that this lot is accompanied by a GIA report stating that the pearls are predominantly natural, saltwater.
Please note the pendant is accompanied by a later-added black cord measuring 19 inches.
Please note that the bracelet is signed Feuillâtre.
Please note that this lot is accompanied by a GIA report stating that the pearl is bead cultured, saltwater, with indications of treatment
Please note that the heart-shaped diamond is 2.37 carats, not 2.38 carats as stated in the printed catalogue. Additionally, this diamond is accompanied by a GIA report stating that the heart-shaped diamond is D color, VS1 clarity.