Fellows 8.88ct ring sells to UK bidder

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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.

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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.
 

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