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Monday, October 12, 2015

Colored Gemstones, Signed Jewelry, Antique Jewels and Diamonds...Bidders Wanted It All At Bonhams' London Fine Jewelry Auction

from a Press Release by Bonham's

Colored Gemstones, Signed Jewelry, Antique Jewels
and Diamonds...Bidders Wanted It All 
At Bonhams' London Fine Jewelry Auction 



The sale achieved £5.16 million, with 87% lots sold by value and 109 lots going to new owners.

The Hope Spinel was the highlight of the sale, smashing its pre-sale estimate of £150,000-£200,000 as a result of competitive bidding on the phones. It sold for £962,500, achieving a new world record price of $30,000 per carat. This exceptional gem was bought by a private telephone bidder.


The second top lot of the auction was another icon: an Art Deco enamel, gem-set and diamond 'Tutti Frutti' bracelet by Cartier. Made in New York in 1929, the bracelet, with a highly articulated geometric strap and vine motifs, was sold for £458,500 to a telephone bidder.


The market for top quality, natural pearls continues to remain strong according to the September sale results. A circular natural pearl ring, measuring 16.71 x 10.94mm, and set between baguette-cut diamonds shoulders sold for four times its pre-sale estimate of £50,000 to £70,000, achieving £206,500.


Signed jewelry also performed extremely well with a rare diamond 'Torsade' bangle, by Suzanne Belperron, circa 1932, capturing the attention of bidders worldwide. The highly desirable collectors' piece was estimated at £40,000-£60,000, but after bidding from the saleroom, online and over the phones, the bangle sold for £164,500.

Other key lots included: 


• A sapphire and diamond ring, by Boucheron. The rectangular step-cut sapphire, weighing 7.54 carats, between tapered baguette and brilliant-cut diamond shoulders outstripped its pre-sale estimate of £40,000-£60,000 and sold for £110,500.





• A Belle Époque diamond single-stone ring, circa 1910. The old hexagonal-cut diamond, weighing 8.18 carats, had a pre-sale estimate of £30,000-£50,000 and sold for £80,500.



Jean Ghika, Bonhams Head of Jewelry for UK and Europe, says: "We had an exceptional sale with a number of very rare items that naturally attracted interest worldwide. Demand for colored gemstones, signed jewelry and period pieces continued to remain strong. The sale represented a great start to the jewelry auction season this autumn and winter."

"Period and art deco earrings were also strong performers at the auction according to Bonhams. Examples included a pair of Art Deco diamond pendent earrings, by Cartier, circa 1925, which sold for more than five times their pre-sale estimate of £20,000-£30,000, being successfully bought by a telephone bidder for £134,500. Further on in the sale, a pair of early 19th century girandole earrings, with a pre-sale estimate of £18,000-£20,000, achieved £86,500."


Jean Ghika of Bonhams says: "These two sets of earrings were wonderful examples of classic period earrings, beautifully designed and in their original condition. These factors make them highly desirable along with the fact that they are extremely wearable today."
Bonhams is now expecting the strong market to be reflected during its next two Fine Jewelry sales in New York on 13th October and Hong Kong on 30th November.

Bonhams sells more jewelry lots each year than any other international house and has more dedicated jewelry auctions annually.

CLICK HERE for the full results of September's Fine Jewelry Sale at Bonham's London

Follow Bonhams on: 
Twitter @bonhams1793 
Facebook: http://facebook.com/bonhams1793
....and on Instagram @bonhamsjewels


Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com
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