Bonhams latest jewellery auction has indicated that consumer interest is returning in force as the auctioneer reports “energetic bidding”.
The top lot, a fine emerald and diamond ring by Bulgari which weighs in at over 10ct, went for £598,750, surpassing an estimate of £180,000-250,000.
Meanwhile, another lot, a ruby and diamond cluster ring, sold for 10 times its higher estimate, taking £200,250 against a pre-sale estimate of £15,000-20,000.
In total, the Bonhams London Jewels sale made £2,747,050 with 75.65% sold by lot and 83.90% sold by value.
UK director of jewellery, Emily Barber, commented: “We are deligted with the results of this sale, which saw exceptional pieces from royal and artistocratic collections and established names, alongside exquisite emeralds, rubies and spinels.
“The energetic bidding seen at today’s sale demonstrates that the market for exceptional, storied jewellery continues to thrive.
“It is always exciting to see items with such wonderful stories capture the imagination of the saleroom.”
Meanwhile, the auction also saw the sale of two pieces previously owned by the Countess of Rosse, mother of Anthony Armstrong-Jones, first Earl of Snowdon, and mother-in-law to Princess Margaret. Both pieces at least doubled their upper estimate.