Ring sells for £131,000. Total auction brings in above-estimate sales.
Fellows auction house has reported success at its sale of Antique & Modern Jewellery in Birmingham in yesterday, with the star lot of the day – an 8.88ct diamond ring – selling for £131,000.
The auction welcomed more than 350 bidders from 24 countries, with a total 525 lots put up for sale.
The highlight of the sale was a single-stone diamond ring weighing 8.88cts which won international interest with a volume of telephone bidders calling in on the day. The lot surpassed its top estimate of £100,000, selling for £131,000 to a telephone bidder believed to be based in the UK.
The 8.88ct diamond ring could be the most expensive diamond ring sold outside of London at auction.
According to Fellows the first hour of the auction set the day at a fast pace, with many items selling above estimate.
Among lots sold was a mid-20th century platinum diamond double clip with an estimate of £1,500 to £2,000, which sold for £3,900. A selection of floral spray brooches sold also broke their estimate, going under the gavel for £8,600 with an original estimate of £4,000 to £6,000.
A late 19th century silver and 9ct gold diamond cockerel brooch also brought in bids high above its estimate of £600 to £800, selling for £2,300.