Sotheby’s New York specialist in charge and Director of Jewelry Gary Schuler told Clive Kandel:
“As our first jewelry sale of the fall season we are encouraged by the very solid results achieved. The trends of the past few seasons certainly continue, with strong international interest in both stones and signed jewelry. We had spirited bidding for natural pearls, many of the signed period jewels, and especially for a 1930s Kashmir sapphire ring that soared to ten times its high estimate. The Harry Winston platinum and diamond pendant necklace featured on our catalogue cover closed the sale with an impressive price, over $1.25 million.
Of interest to New York Jewelry Diary were the following lots-
Est. $25/35,000 – Sold for $65,500
Rare elegant Art Deco jewels by Tiffany jewels are rarely brought to market. This fine ring nearly doubled its estimate.
Est. $30/40,000 - Sold for $122,500
This necklace is very similar to that bought by the Duke and Duchess of Windsor from Cartier Paris in 1947.
Est. $50/70,000 - Sold for $146,500
Another example of the scarcity of Tiffany & Co important period jewelry that more than doubled than the house estimate.
Est. $40/60,000 - Sold for $50,000
A perfect example of David Webb jewelry and the price reached is further proof of the steady rise in demand for iconic Webb jewels.
Images Courtesy of Sotheby’s Images