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25 avril 2009

Highlights of Magnificent Jewels Sale Results @ Sotheby's NY

Lisa Hubbard, Chairman, International Jewelry, North and South America, said, “Today’s results reinforced the continued demand for signed and decorative jewels, as evidenced by the strong prices achieved for pieces by Tiffany & Co., David Webb and Buccellati.

Furthermore, when you factor rarity into the equation, the result is the spectacular price for the Cartier Diamond Bangle-Bracelet, which absolutely soared past its high estimate. The competition for natural pearls in today’s sale demonstrates a particularly vibrant segment of the market which appears to be continually growing. The market is also very supportive of the smaller, wearable diamonds that make up the majority of our top-ten selling lots. Overall, while we did have some resistance on some of the more important diamonds, we were encouraged by the amount of activity in the salesroom today from buyers around the world.”

9

00340m

Diamond necklace

The flexible necklace of foliate design set with clusters of marquise-shaped and pear-shaped diamonds weighing 48.83 carats, supporting a fringe set with 17 pear-shaped diamonds weighing 44.33 carats, mounted in platinum, length 16½ inches. Accompanied by 17 GIA reports stating that the pear-shaped diamonds are D to F color, IF to SI2 clarity. Est. 500,000—700,000 USD. Lot sold 698,500 USD to an European Private Collector.

27741980

Diamond ring

The emerald-cut diamond weighing 13.98 carats, mounted in platinum, size 6. Illustrated unmounted. Accompanied by GIA report no. 17625350 stating that the diamond is G color, VS2 clarity. Est. 450,000—500,000 USD. Lot sold 482,500 USD to an Asian Private Collector.

a

Diamond ring

The round diamond weighing 10.51 carats, mounted in yellow gold and platinum, size 4½. Accompanied by GIA report no. 1102531828 stating that the diamond is H color, VS2 clarity. Est. 275,000—325,000 USD. Lot sold 338,500 USD to an Asian Private Collector.

b

Diamond ring

The round diamond weighing 5.29 carats, mounted in platinum, size 6¼. Accompanied by GIA report no. 2105516154 stating that the diamond is D color, VS1 clarity; together with original working diagram stating that the stone might be potentially flawless. Est. 300,000—400,000 USD. Lot sold 290,500 USD to an American Trade.

c

d

Diamond ring

The square emerald-cut diamond weighing 10.15 carats, the sides and band set with small round diamonds weighing approximately 1.50 carats, mounted in platinum, size 6.  Accompanied by GIA report no. 11312711 stating that the diamond is E color, SI1 clarity. Est. 225,000—275,000 USD. Lot sold 278,500 USD to an American Private Collector.

e

Diamond ring

The emerald-cut diamond weighing 23.76 carats, flanked by 2 triangular-shaped diamonds weighing approximately .90 carat, mounted in platinum. Est. 200,000—300,000 USD. Lot sold 266,500 USD to an American Trade.

f

Emerald and diamond ring

The cushion-shaped emerald weighing 18.20 carats, flanked by 2 trapeze-cut diamonds weighing approximately 2.85 carats, mounted in platinum, size 6. Accompanied by Gübelin report no. 0803267 stating that the emerald is of Colombian origin; indications of minor clarity enhancement. Est. 200,000—250,000 USD. Lot sold 230,500 USD to an American Private Collector.

g

i

Diamond bangle-bracelet, Cartier, France, circa 1930

The hinged bangle studded with 140 old European-cut diamonds weighing approximately 30.00 carats, mounted in platinum, internal circumference approximately 5½ inches, signed Cartier, Made in France, maker's mark, French assay marks. Est. 70,000—90,000 USD. Lot sold 230,500 USD to an Anonymous.

NOTE: This bracelet by Cartier displays a luminosity and brightness resulting from the exclusive use of diamonds and platinum, two of the most noble and enduring materials to be found in any jeweler's repertoire. It is noted in Platinum by Cartier, that "Cartier continued to use it (platinum) for the top of his line...These were fabulous creations...These inventions were bound for those clients who had no need to fear for the period and its threats of penury..." The economic crisis that followed the stock market crash of 1929 might have limited some jewelers, but Cartier used platinum to define the look of their jewels. An outstanding example from this period is the pair of platinum, rock crystal and diamond bracelets made by Cartier in 1930 for the Hollywood actress Gloria Swanson, which clearly reflect a preference for volume, boldness and dramatic effect. The fashion of wearing thick, strap bracelets of "white-on-white" (platinum and diamonds) was certainly a trend in the 1920's, however in the years following the Paris Exhibition of 1925, the bangle or cuff form begins to emerge with a renewed vigor.

j

Fancy deep brownish orangy yellow diamond ring

The pear-shaped diamond of fancy deep brownish orangy yellow color weighing 17.33 carats, mounted in 18 karat gold, size 6¾. Accompanied by GIA report no. 1102556127 stating that the diamond is Fancy Deep Brownish Orangy Yellow, Natural Color, VS2 clarity. Est. 90,000—120,000 USD. Lot sold 170,500 USD to an American Trade.

k

Diamond necklace, circa 1900

The flexible rivière set with 52 old European-cut diamonds weighing approximately 56.10 carats, accented by 104 old-mine diamonds weighing approximately 3.10 carats, mounted in gold, length 14¾ inches, center diamond fitted with retractable pendant loop. Est. 125,000—150,000 USD. Lot sold 164,500 USD to an European Trade.

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