Antique jewellery has proven particularly popular at auctioneers Fellows’ latest fine jewellery sale.
More than 650 bidders took part via telephone, absentee bids and online in an event that spanned seven hours.
Lot 616 proved most noteworthy. The 19th-century Kashmir sapphire and rose-cut diamond ring was estimated to take between £10,000-15,000.
However, the piece was competed over by a number of bidders, with a final hammer price of £32,000 (or £40,832 including fees) being settled on as the day came to a close.
Jewellery cataloguer Alex Duffy explained the interest in the sapphire: “Typically known for their superior colour and quality, Kashmir sapphires are some of the rarest and most sought-after gemstones known to man.
“These special stones were only mined over a period of roughly 60 years from their first discovery circa 1880, with the mines generally producing very low yields over that time.
“It’s extremely rare to see one come up for auction, so when one does surface, you can expect to see a lot of interest. We are thrilled that the ring got the attention it deserved and sold so well.”
Duffy went on to say: “Thursday’s auction was a great success, with some of the stunning antique
jewellery we had on offer stealing the show.
“There were a number of high-quality examples of rare and interesting pieces from the 18th century onwards, which clearly sparked a lot of excitement between our bidders and saw the items achieve some understandably strong prices.”
The auctioneers also noted some of the other highlights from the sale, including: an Art Deco platinum diamond geometric bracelet, estimated £5,500-£7,500, with a final hammer price of £12,000; and an Edwardian platinum Burmese ruby cabochon and single-cut diamond ring, estimated £2,500-£3,500, with a final price realised including fees £5,869.