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A Rainbow of Jewels But a Golden Sapphire at the End...

23rd July 2020

The second day of our Summer Fine Art sale included a big selection of jewellery for every budget and, encouragingly, bidding was brisk throughout the 400 lots on offer, with a number of strong prices well above expectations.

The strength of demand for gold was evident when a charm bracelet weighing 41.56 grams made £1750, seven times estimate and a 74.5gram strap bracelet leapt to £6250, eight times estimate.

Rings with a rainbow of precious stones found eager bidders: an aquamarine and diamond cluster ring made £2750, a Georgian emerald five stone ring made £2120, an Art Deco sapphire and diamond ring with a 5.8 carat central stone made £4750, a ruby and diamond ring with a 2.45 carat cushion-cut ruby made £6870 and a 1.4 carat diamond solitaire ring made double expectations at £6250.

Jewellery for the discerning gentleman proved to be no less popular. A pair of 18-carat gold and sapphire cufflinks by Cartier, signed and in a Cartier box, took £3750; an 18-carat gold chronograph pocket watch and a 9-carat chain ticked just above its estimate to make £4000; an 18-carat gold dress watch by Cartier appealed at £4500; and a Rolex stainless steel Oyster Perpetual watch from c.1950 took a multiple-estimate £4250.

The end of the sale saw three highlights: a Victorian diamond set brooch made £5000 and an elegant Victorian diamond tiara (converting to a necklace) attracted keen interest to make £8120. Best of all and the last lot of the sale, a stunning brooch with a 31.4 carat yellow sapphire stone surrounded by no fewer than twenty old circular-cut diamonds had all the telephones booked. Determined bidding took the price far above its £5000-8000 estimate to settle at a sale-topping £55,000.

The total for the sale was just over £320,000 (inc BP).

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5 stars

“Congratulations on what looked like a very successful sale ! You never mentioned that you did the auctioneering as well ... talk about doing the whole job ... see it into the building, find out what it is, decide if it’s for the Fine Art sale or the General Sale, lot it and describe it accordingly, and then sell it ... that really does count as seeing the job through from start to finish! Whilst the job isn’t over yet, it really is a case of so far, so good ... some items have sold for sums that exceeded our expectations, with one item in particular fetching a truly remarkable sum, so we’re very happy indeed... we’ve noted how accurate the guide prices are ... and how gratifying it is when the bidding goes sailing past the guide ! I found the whole week to be both gripping entertainment and pleasingly rewarding financially. Please accept my sincerest congratulations for a job well done, and we’ll look forward to the October and November Sales with bated breath ...”

Andrew P

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