Christie’s Important Jewels sale hits £6m mark

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69% of lots sold as jewellery auctions continue to win global clients.

Christie’s London has enjoyed good sales figures at its recent Important Jewels auction, raising more than £6 million in sales from 276 lots.

Of the 401 lots offered, 69% per sold totalling £6,079,575. Items in the sale included an emerald and diamond bracelet by Cartier, a diamond pendant by Graff and a ‘mystery set’ floral brooch by Van Cleef & Arpels, one of the highest selling lots.

A rectangular diamond ring of 13.29cts, H colour and VVS2 clarity was the bestselling lot, achieving £421,250 and going to a private bidder in the States. The second highest-selling lot was a pear-shaped diamond ring of almost 15cts, which sold for £337,250 to the UK trade.

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The mystery set diamond, ruby and emerald Deux Fleurs brooch (pictured) reached £235,350 and was sold to a private bidder from Asia. A second mystery set Van Cleef design, a sapphire and diamond brooch, also sold to a private Asian bidder for a little over £157,000.

Kieth Penton, head of Christie’s London jewellery department said: “Antique and modern signed jewels attracted bidding from around the globe, demonstrating the depth and breadth of the current market. Two iconic mystery-set brooches by Van Cleef & Arpels and a collection of Art Nouveau pendants sparked fierce bidding illustrating the appreciation for fine workmanship and design.

“The importance of rare jewels with notable provenance was highlighted by the Alfredo Ravasco diamond bracelet from the property of HM Queen Elena of Italy and her descendants, which achieved £67,250.”

 

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