Sotheby’s Magnificent Jewels and Jadeite Auction

This dazzling 8.65-carat, step-cut sapphire ring brought in $852,872 at the Magnificent Jewels and Jadeite Auction.

On April 3, Sotheby’s Hong Kong held their Magnificent Jewels and Jadeite Auction. The auction included several lots of rare diamonds, rubies and other fine jewels from several of the world’s top private jewelry collections. The single-day auction took in $64 million, making it the second-highest grossing jewelry auction in Hong Kong to date. The auction attracted well-heeled bidders from across the globe who clamored to take home the graceful pieces up for grabs.

The auction’s top earner was a stunning 8.01-carat, emerald-cut fancy vivid blue diamond ring which sold for $12.78 million. The ring is mounted on a stunning platinum band, and the center stone is flanked by a single, shield-shaped diamond. The shield-shaped diamonds have a combined weight of 1.0 carat. The $12.78 million price tag breaks down to roughly $1,588,079 per carat. This is the second highest price per carat for a blue diamond at auction. The highest per carat sale price for a blue diamond ring was set during an October 2011 auction at Sotheby’s Hong Kong. During that auction, a 6.01-carat fancy vivid blue diamond ring was purchased for a whopping $10.1 million, or $1,686,505 per carat.

Other top performers at the Magnificent Jewels and Jadeite Auction include an 18.11-carat brilliant-cut loose diamond that sold for $39. 8million, while a gorgeous, 8.65-carat, step-cut sapphire ring brought in $852,872. A 4.11-carat, heart-shaped diamond mounted ring was one of the more understated pieces up for bid. The elegant ring sold for $41,870, nearly double its pre-auction estimate.

Bonham’s Fine Jewelry Auction Recap

A three-stone white gold ring with brilliant round-cut diamonds sold at the Bonhams New York auction.

Bonhams New York held a “Fine Jewelry” auction at their Madison Avenue location on April 19. Auction lots consisted of contemporary and antique fine jewelry pieces, as well as high-quality gem stones. The spirited proceedings were simulcast to Los Angeles and San Francisco, and attracted a bevy of international bidders who packed the auction house or participated via the Internet and phone.

The auction’s top earner was a stunning 14.82-carat, JVVS1 marquise-cut, diamond solitaire ring. The piece sold for $482,500, nearly doubling its $250,000 pre-auction estimate. Another high earner was a 20.59-carat cut-cornered rectangular diamond solitaire ring, which sold for $254,000. A smaller 4.42-carat cut-cornered, rectangular-cut diamond solitaire stone went for an impressive $116,500.

Antique jewelry was also in high demand, thanks to two distinct pieces that date back to 1910. A belle époque yellow topaz and diamond necklace sold for $15,625, while an 8.46-carat marquise-cut diamond solitaire ring fetched $88,900.

Other hot ticket items include a striking, turtle-shaped, purple sapphire and amethyst diamond brooch. The distinctive piece was bought for $68,500, earning six times its pre-sale estimate. Fine gemstones were represented by an exquisite, 7.10-carat, European-cut solitaire diamond. The high-grade diamond sold for $60,000.

Bonhams New York reports that the auction was a rousing success. Early estimates list a take of $5 million for the single-day event. The impressive tally suggests high-demand in the market for fine jewelry.

 

 

Finding Vintage Bridal Jewelry

You can find breathtaking vintage wedding jewelry at auctions, jewelry stores or among your own family members.

Tradition states brides need “Something old, something new, something borrowed and something blue.” Put a stylish touch on the “Something old” requirement by wearing a distinct piece of vintage jewelry on your wedding day. From shimmering diamond bracelets and natural pearl necklaces, to classic pieces that are centuries old, there are a myriad of options to choose from.

Local Jewelers

Vintage jewelry can be obtained in various ways. Visit your local jeweler to see if they have any vintage pieces in stock. The jeweler will provide the history of the piece, and an interesting story about the way it was acquired. Most importantly, they will ensure that the piece is structurally sound before they resell it.

Online Jewelers

Online jewelers that specialize in vintage jewelry are another option. By shopping online, you have access to pieces across the globe. This increases your options of finding unique jewelry from different regions and countries. You can peruse the online inventory and look at pictures of the jewelry and the historical information the jeweler provides.  On the downside, you will not have the opportunity to see the piece in person. However, if you do your homework and purchase from a reputable online retailer, you will find a quality piece.

Estate sales

Estate sales are routinely held in most areas on the weekends, and they generally feature unique jewelry pieces that were acquired during someone’s lifetime. The jewelry is typically very unique since it represents the previous owners taste, interests, life and travels. Some of the jewelry offered at the sales can be expensive. However, you can find beautiful antique jewelry pieces at reasonable prices. Estate sales are typically advertised in local newspapers or online classified websites such as craigslist.org.

Jewelry Auctions

For the well-to-do looking to make a statement at their wedding, auctions are a great way to find one-of-a-kind fine vintage jewelry. Auction houses such as Christie’s International and Sotheby’s in New York routinely offer up the world’s most glamorous pieces which once belonged to royalty, affluent families and Hollywood legends.

Family Heirlooms

If you are looking for a piece with familial attachment, talk to your parents and family members and see if they have any vintage jewelry to spare.  A family heirloom will add a touch of comfort and a connection to the past, while you head into a new life with your significant other.

The Magnificent Jewels Auction

Forty jewelry pieces from the Lucille Davidson collection will be up for auction, including this flower brooch, adorned with stunning diamonds and rubies.

Christie’s “Magnificent Jewels” Auction is set to take place on April 17th at the Rockefeller Center Headquarters in New York. The auction will feature 300 individual jewelry pieces from the collections of private donors and late-heiresses. Items up for auction include necklaces, bracelets, rings, earrings and brooches studded with diamonds, rare gemstones and natural pearls. Individual pieces are expected to earn from $2,000 to $8,000,000, and Christie’s is expecting to take in $40 million overall.

The Magnificent Jewels auction will contain dozens of pieces from the estates of several high-end jewelry collectors. Forty pieces from the jewelry collection of Lucille E. Davidson, an art collector and philanthropist who died in 2010, are up for auction. The collection is noted for its exceptional signed jewelry pieces which feature modern designs, and is highlighted by a “mystery set” of jewels designed by Van Cleef and Arpels. Mystery set jewels include the stunning “Pavot” flower brooch, which is studded with rubies and diamonds, the ruby and diamond “Bow Brooch,” and two sapphire and diamond bracelets.

In addition to fine estate jewelry, the auction will contain an impressive selection of diamond rings. Top pieces include a 6.26-carat, D-color, circular-cut diamond ring, and the “Belle Epoque” diamond ring, a 6.50-carat, D-Color stunner that is internally flawless.

Several of the world’s finest colored diamonds, rare gemstones, and natural pearls are also up for auction. The highlight of the colored diamonds is the 43.49-carat, cushion-cut fancy intense yellow diamond ring. The dramatic piece was designed by Graff and has an estimated value of $1.5 million. The exquisite, five-strand natural pearl necklace is expected to fetch between $600,000 and $800,000, while the pear-shaped, 10.26 and 9.01-carat Colombian emerald ear pendants, and square-cut, 9.13 and 8.16-carat fancy yellow ear clips, are also sure to be popular with bidders.