Skinner Fine Jewelry Auction: June 2017 Analysis

Back for part two of my analysis of the Skinner Fine Jewelry Auction of June 2017. If you missed my highlights from the Susan Freeman collection that was a part of the June fine jewelry auction, click here.

The results are in! This article will look at how Freeman’s collection of % sold did against the other items in the Skinner auction for this year and last year. Then I will look at what the regular items did by category and see the bottom 6 and top 6 of the auction.

This year versus last year

In my last analysis, we saw that the lots sold were 68% and unsold were 32 % for the Freeman collection. Below a chart of sold and unsold lot % for the 2016 and 2017 June Fine Jewelry Skinner Auctions.

Bar-chart-Skinner-Fine-jewelry-yoy-2017-2016

Freeman’s lots are included in the chart for 2017. You see the bars to the left is the % for 2016 84% sold. The right has this year which is a little lower at 83% sold. If the 14 unsold lots had been sold from the Freeman collection, this would only bump that number up to 86% sold, not a major change from last year. Had all of Freeman’s lots been removed from the auction the sold rate would be at 85%. Even though her collection did not perform as well as the average it did not have a significant impact on the % sold versus last year.

What didn’t sell

So then what categories did not perform as well for the items that did not belong to Freeman. Below a table that does not include the Freeman Collection. The total lots on auction were 413; 37 were Freeman’s leaving us with 376 regular lots at auction.Table-Skinner-June-Fine-jewelry-2017

The category with the most lots were rings at 108 lots. 90% of them sold. The lots in the same category as necklaces and earrings were the lowest performers with only 78% and 76% selling. Without making the article too long and tedious the categories can be drilled down to see if for example studs sold less than long earrings etc. but I am just showing a high-level view for your interest. The categories are not as important as seeing what big ticket items did not sell. For example, which would you rather have if you were employed by an auction house, 3 pairs of earrings estimated to sell for $500 each that do not sell or a ring estimated for $10,000 that is not sold? For me, the later would be worse because more money is lost to me than if the former scenario happened.

The top 6 unsold items by their estimate below:

Skinner-June-Fine-jewelry-2017-Top-3-unsold-itemsSkinner-June-Fine-jewelry-2017-next-3-unsold-items

Hard to believe the Bulgari and Van Cleef & Arpels pieces did not sell. Do you think it was due to the cost, lack of interest, or the design was not pretty enough? As I work more with auction data I will hopefully have a better answer for that.

So, what did better than expected?

King George

A list of the top 6 sold items that performed better than their high estimate. This is different than top selling items by price. If you want that go to the Skinner results and sort by that. I am hoping to dig a little deeper with this data.

Skinner-June-Fine-jewelry-2017-top-3-items-above-estSkinner-June-Fine-jewelry-2017-next-3-items-above-est

For this auction, it was all hail King Georg Jensen! 5 of the 6 pieces did better than estimated. All these pieces were signed. I feel there may be a trend for well-made silver jewelry emerging. I have seen Jensen do well at auctions but time will tell if this will be a designer whose pieces are increasing in value at the auction block.

I hope you enjoyed my auction analysis for the June Skinner Fine Jewelry. Return soon for more from Data in the Rough!

 

 

Susan Freeman Collection at Skinner Auction House

When you travel what items do you buy as souvenirs for yourself? Do you buy any jewelry from your destination? Skinner Auction House in Boston Massachusetts hosted a small sampling of a traveler whose taste veered towards the Arts and Crafts and high-end costume jewelry that went up for sale today. Susan Freeman, a jewelry designer and collector based in New York had 37 items in the June Fine Jewelry sale at Skinner.

I will look at some highlights from Susan Freeman’s collection (to see full collection at Skinner click here) and then look at the results for her collection.

Highlights

For me the top item I wanted to see was the praying mantis brooch by Marcel Boucher. I have a few of his costume jewelry pieces. Marcel Boucher started his career in the 1920s at New York, working for fine jewelry houses such as Cartier. He started his own business in the late 1930s. Many of his pieces are highly collectible due to the quality of work can mistake them for fine jewelry. One of the most collectible pieces is the praying mantis. I have seen it online for sale of up to a few thousand dollars. I went to see Freeman’s brooch in person and was surprised at its size.

A large brooch but if I get the chance I will buy one day. It makes quite a statement.

Another fun item of costume jewelry was a bracelet attributed to Hobe. A designer based in New York in the late 1920s. The jewelry company was popular in the ‘40s and ‘50s. This bracelet is rhinestones and carved green glass.

 

Another vintage costume brooch, designed as a bird clutching a floral spray. No designer listed

A change from the costume was a small amount of Arts and Crafts jewelry like this Silver, Boulder Opal, and Beryl Necklace, with Celtic motifs. Picture from Skinner on left, my picture on right.

 

Her collection

Art Deco and sterling jewelry were also featured in the sale as part of her collection. The pieces came in different materials but were not the romantic, high sparkle you might traditionally think of. Some examples below. (Photos from Skinner)

(l) Art Deco Silver Pendant, Etienne David, France, c. 1930, (m) Art Deco Enamel and Aluminum Cuff, (r) Art Deco Lacquered Metal and Leather Brooch, Attributed to Jean Dunand

 

Her tastes in jewelry are unique. I tried to find more about her but only saw she had a sale at Bonhams for another jewelry collection in December of 2009. (Link to that auction here) Picture below of Freeman from the 1970s provided by Skinner.

Results

How did Freeman’s collection do in Boston? Her collection sold at a rate lower than what last year’s rate of sold versus unsold was. For last year’s fine jewelry (June 2016), 84% of the pieces sold. In Freeman’s collection of 37 pieces only 23 (68%) sold. Of those 23 sold only 9 (39%) met the high estimate or went beyond it. For example, without the buyer’s premium, Lot 32 the Art Deco Silver Pendant by Etienne David pictured above was estimated to sell between $600-$800, it sold for $800. The praying mantis brooch lot 11 was expected to make between $600-$800, it sold for $1000 (no buyer’s premium included). Which is great for the auction house which adds a percentage on to the sale for their fees.

What did not sell? One quick scan of the items shows that of the 14 items, 6 (43%) had been attributed to a designer, meaning the style was inspired but not created by them or at least cannot be proven that they designed it. The pieces that mentioned attributed did not sell. For collectors and investors attributed will not do much for resale value unless the buyer cares only about the design for their own enjoyment or the materials have some value.

The results of all pieces from the fine jewelry auction will be updated and I will see in my next post how the whole auction did and see if Susan Freeman’s collection matched the results for the rest of the auction items.  I hope you enjoyed the article. Do you have any stories about a piece you collected? I would love to hear about it in the comments. Return soon for more from Data in the Rough!

Will this be the year that the Pink Star shines?

April has arrived and with it some amazing auctions! Hong Kong is the major auction destination this week for Sotheby’s. If you have not checked out their items for the Magnificent Jewels and Jadeite Auction, you should! That Auction is on Tuesday afternoon, but the real show is the diamond that is coming back on the market for a single auction in the evening. You may have seen or heard of the Pink Star. (Pictured above courtesy of Sotheby’s) This internally flawless pink diamond is a massive 59.6 carats was up auctioned off in November 2013 at their Geneva sale. The winning bid was $83.2 million dollars but the buyer soon backed out. The reason for the buyer’s change of heart? They could not afford it. Sotheby’s then acquired the gem and now is hoping that their investment pays off. You can read more on that 2013 auction here.

It was a disappointing end I’m sure for the auction house. Christie’s had sold the Princie Diamond, a 34.9 carat pink diamond in their April auction for $39,323,750 (buyer’s premium included).  I saw that one up close, the florescence was amazing. The glow unlike anything I had ever seen! (Picture of diamond below courtesy of Christie’s)

 

2015 would again bring mixed results for large colored diamonds at the auction house. Sotheby’s again faced disappointment at their Magnificent Jewels sale held in April 2015 at New York, with the Shirley Temple Blue Diamond failing to make the minimum estimate.

Shirley Temple Blue Diamond, my photo

Then Sotheby’s achieved a notable success. The Sotheby’s Geneva Magnificent Jewels Auction in November 2015 saw the highest price paid for a blue diamond. The Blue Moon a 12.03 carat blue diamond sold for $48.4 million, having the highest price paid per carat for a blue diamond. Christie’s also had success in their November Geneva Magnificent Jewels Auction that year. They set the record for highest price per carat for a pink diamond. The Sweet Josephine (16.08 carats) sold for $28.5 million dollars. What is interesting is both diamonds that year were sold to buyers in Hong Kong.

Sweet Josephine, courtesy of Christies

 

Blue Moon, courtesy of Sotheby’s

So will this be the year that the Pink Star shines and leaves Sotheby’s with a great return on investment? It can go either way. On the one hand the economy has been a little shaky the past few months. On the other hand, jewelry is being looked at more seriously as an investment piece again. Town and Country had a great article on that here.  Having the diamond sold at the Hong Kong auction is a smart move as that has had some major buyers in the past, mentioned above. Without knowing the estimate, it is harder to say if it will sell or not. People did bid on the Shirley Temple Blue Diamond they just did not meet the minimum required. I do not know how much Sotheby’s paid for the Pink Star, the minimum is anyone’s guess. There was no estimate listed the last time in was up for sale. I will be watching for it and commenting on my other social media channels. Have you seen the Pink Star? Do you think it will sell? Love to hear your thoughts! Thank you for reading and visit Data in the Rough again very soon for more!

Pink Star, courtesy of Sotheby’s

Elizabeth Taylor’s Sapphire Earrings Return to Auction

Elizabeth Taylor Auction December 2011

I remember the day I went to see the Elizabeth Taylor Collection at Christie’s in New York. I made plans to see the collection on Friday December 9th. I waited in line as the auction house had the sidewalk lined up with people waiting in the cold to see this famous collection and remember the woman who was their guardian. I had to make plans over a month in advance. I usually wait to buy a ticket to NYC the night before I decide to leave, however this was an auction I have never experienced before and probably never will again.

It was unique for several reasons one being the history behind each piece, the second the amount of fine jewelry owned by one person and finally the fact I had to pay to attend an auction preview! Yes for those that did not see the Elizabeth Taylor Collection, you had to pay $30 plus tax AND…pick a time to reserve for your spot to see this collection. I have a piece of the email confirming my ticket below.

email

I signed up for a Christie’s account at the end of October so that on November 5 of 2011 I could be the 3rd transaction of thousands that would see this jewelry. Parts of the collection traveled around the US until it reached its final place which was Christie’s at Rockefeller Plaza.

It was an exciting day, as I mentioned above people were waiting in line for a turn to look at these amazing jewels. I had never seen so many fur coats in one place. The crowd was older but they were still awestruck at the wealth, beauty and lifestyle that was Elizabeth Taylor!

The Christie’s windows were dedicated to Elizabeth and her jewels. A shot below.

elizabeth_outside_christies

The First-Time I saw the Earrings

My time was called and I entered to find the jewels surround by glass with photos and stories of their role in Taylor’s life at every turn. The surround by glass is no surprise for an auction preview but there was no Christie’s assistant at any displays to let anyone try the gems on. The assistants were only at registers or walking to make sure everyone was where they should be. That was my only complaint for that day. Everything else was perfect the jewels were at times a bit gaudy for my taste were well crafted with the finest materials.

One item I truly loved were a pair of Sapphire Van Cleef and Arpel earrings. They have a mystery setting and were made in the 1980’s. They had that almost too over the top look, but the color was too beautiful not to go back a few more times to admire. I was also hoping maybe someone from Christie’s would walk by and let me get a closer look. I can still picture them suspended in the case. They were estimated to sell for $150,000-$200,000 and sold for $338,500!

sapphire_earrings

Now, imagine my delight when I looked last month at the upcoming Christie’s auction and saw that these earrings were back on the auction block! The estimate now is $220,000-$300,000. I believe they will make that estimate if not exceed it. This is an item to watch but on Saturday when Christie’s had its preview I went with a goal to try them on.

Elizabeth-Taylor-Sapphire-Earrings

The set up was a little different from the past the earrings were in a salon like setting and placed in a window. I had another fabulous blogger with me Jill from Everything Just So join me to see if we could try on the famed earrings. With luck the crowd had died down and we did get a chance to wear the earrings. They looked over the top at first but on they are light weight with a subtle sparkle from the sapphires.

There is an inspired version selling on QVC to benefit the Elizabeth Taylor Trust. The link is here if you are interested.

qvc-elizabeth-taylor-inspired-earrings

They are also featured in My Love Affair with Jewelry by Elizabeth Taylor

qvc-inspiration-elizabeth-taylor-photo

Getting a Second Chance

I was fortunate enough to make my bus on time to get to New York and to Christie’s where I was greeted by Jill from Everything Just So and her daughter. I saw the earrings displayed like a shop window display and proceeded to enter and ask if we could try on the earrings. Handling jewelry this expensive can be daunting but I had seen the earrings so much and wanted to wear them so badly that having the chance was a relief and so fun! See below!

Elizabeth-Taylor-Sapphire-Earrings

 

The drops are removable but I was not going to push my luck on seeing them like that, besides the mystery setting sapphire drops are part of the glamour. My favorite color is blue if you couldn’t tell from my blue top. I can’t describe enough how amazing these earrings are and how great I felt wearing them for the brief time I had.

Wearing-elizabeth-taylor-sapphire-earrings

I also felt like trying the jewelry on was part of the joy Elizabeth got from her jewels. The stories I heard from online accounts, QVC and personal acquaintances was she was generous in letting others try on her jewelry. I finally had to take them off so that they could be put up and the assistant could help another person looking to try on a piece. The memory will stay with me forever and maybe I’ll get a chance to see them again!  Come back for more stories about jewelry as I focus this month on Elizabeth Taylor the movie star, business woman and jewelry collector extraordinaire! Thank you for reading if you have a story or comment or have tried on some of Ms. Taylor’s jewelry I would love to hear about it!

Rubies: The Top 5 at Auction

What does the color red invoke in your mind? Does it bring up thoughts of passion, anger, evil, danger? For gemstones, rubies are considered, ‘the king of precious stones’. These stones are highly prized in cultures from the past and present. At auction these stones are also highly sought after. Jewels du Dour looked at the top rubies at auction for their July 2015 article. I want to update that and include some current rubies that have surpassed the cost per carat of the reigning champs. My table is below:

Ruby_blog_post_top_5_rubies

May of 2015 Sotheby’s topped the charts with the highest amount paid per carat at auction for their Sunrise Ruby Ring. An almost 26 carat ruby that brought in over $30 million for the final bid. The price per carat was over $1 million a first for an auction house to receive for a ruby. The Sunrise Ruby surpassed the highest amount per carat of $997,727 ($8.6 million total) that Sotheby’s received for the 8.62 Graff Ruby auctioned in November 2014. The record was not theirs for long, the Christie’s December auction sold a 15.04 carat ruby for over $18 million making the per carat $1,222,233 a little over $15,000 more per carat than Sotheby’s Sunset Ruby. Then another top selling ruby hit the Christie’s Auction House, a ruby ring by Verdura. I saw this ring at auction, it had a great color and the design was befitting a king,for only royalty could have afforded a ring this grand! I posted pictures that I took below!

Vedura_ruby

It will be interesting to see who comes out on top for the next round of auctions. Diamonds both white and colored have been topping the news as major selling pieces, but I like watching the other precious gemstones go up for auction. If you have any quality rubies you are thinking about parting with it might be time to look into selling before the economy starts going into a recession. I personally feel the country is due for one soon.

Do you own any ruby rings? I have one given by a family member as an heirloom, not as pricey as above but it creates feelings of love and excitement for me! Thank you for reading my article. Sign up for my email above to keep updated! Also for the July birthdays or ruby lovers, the below photos are for you, rubies that I have seen at auction. Check back later for more from Data in the Rough!

Rubys_auction

Joan and her Jewelry

Joan Rivers style was best described by her daughter Melissa as a ‘maximalist, more is more’.  My memories of Joan Rivers, the celebrity were her larger than life style choices, her choice words and her fashion! Joan was doing standup, working on Fashion Police, publishing books, winning on the Apprentice…the list can go on.

Joan_celebrity_photos

This is only the one side of Joan that she showed to the world. She had another as a mother and grandmother. So when she passed away about 2 years ago, her daughter, Melissa, took the time to go over the estate and share her memories of her mother through the collection shown at Christie’s Auction House in New York City. The auction of her more expensive pieces is tomorrow but an online auction is going on now until the 23rd of June. I got to see a few pieces from her collection when visiting Christie’s a few weeks ago.

After getting a glimpse into her tastes and interests I found that even though her fashion style was not really my taste much of her jewelry was. I will highlight 3 designers from her New York auction and then look at her online jewels.

In March a small sample of her items were displayed to announce the upcoming auction in the summer at Christie’s. I glanced at some of her furniture and knick knacks and came across these beauties by none other than one of my favorite designers ever, Faberge!

Faberge

faberge_jewelry

The Star Sapphire pendant and Chalcedony brooch in the center were the pieces I saw in person, my photos were not too good, but the Christie’s photos show some of the detail. A fun fact about Joan she was a Faberge collector! To Joan, Faberge is what came to mind when you thought about the ultimate luxury. Joan and her family were of Russian descent so it is not surprising for that to be an aspirational brand to own. Another set of Faberge pieces I loved seeing were the picture frames.

faberge_photos

The frame to the left is of Joan and Melissa, the man in the center frame, any guesses? That is Vincent Price (Melissa’s godfather) and the woman is her godmother a Hollywood star that I did not find the name of. These photos are what was actually in the frames that Joan used. Why not? The history is an aspect Joan loved as well as the beauty. Christie’s found a record of the lavender pillbox below belonging to Dowager Empress Maria Feodorovna, mother to Nicholas II the last Czar of Russia. Grandmother to Princess Anastasia for those that are familiar with the animated movie starring the voice of Meg Ryan.

faberge_objects

The Lily of the Valley bowl to the left is the highlight of the Faberge collection in the exhibit. This rare carved nephrite stone designed with rose gold, pearls and diamonds is estimated to sell between $200,000-$300,000.

For more articles that I have written on Faberge click here.

 

Iradj Moini

Another designer Joan often wore was Iradj Moini. He is a fashion jewelry designer based in New York who has been in business since 1989. He had previously worked for Oscar De La Renta. His work was featured in the Metropolitan Museum of Art in 2006 for Iris Apfel’s exhibit. I had not heard of him but Joan seemed to enjoy his work.

IM_jewelryOne of the photos above shows Joan wearing the red beaded necklace on the far right.

 

Cezua

I saw this necklace in the exhibit and had to know more…

Cezua_pearl_necklace_live

This is a massive necklace all made with freshwater pearls. The center gem is a large amethyst surrounded by blue and orange topazes with diamonds. The designer Cesar Lim (Cezua was his nickname as a kid) graduated from the Fashion Institute of Technology in New York. He started out in fashion design working at houses such as Anne Klein then transitioned into jewelry. He opened his first gallery in Beverly Hills, CA in 2009. That necklace is estimated to go between $3,000-$5,000.

Click here to go to Christie’s to see more of her private collection.

Online Auction

For those wanting a different style and a lower price point then check out Joan’s online auction. I was surprised again at her variety, online had more art nouveau, antique jewelry and chunky beaded necklaces.

See below for the antique and art nouveau pieces I found stunning.

Art_brooches

These brooches range from high estimates of $1,500 to $6,000. The price is high but the quality and uniqueness is where the value in these pieces would be for me.  Also the proceeds will go to charities Joan was involved with. To see more click here to be directed to her online auction. So go over to Christie’s and take a look at these treasures! Below are photos from the small exhibit I saw of her items. Please let me know your thoughts on this collection or Joan! Don’t hold back, you know Joan wouldn’t!

Joan_exhibit

Spotting David Webb Jewels at Christie’s June Auction

This month wraps up the summer auctions for fine jewelry in New York and Boston. As I was looking through the auction catalogs I saw a necklace in the sale of Christie’s jewels that had me take a second look at the description and mark it as a must see when I came to the auction house this past weekend. It was a beautiful multi- colored sapphire necklace. Shown below:

DavidWebb_sapphire_necklace_6_16

What had me take a second look was the designer…

Sapphire_necklace_description

That’s right, David Webb. The same David Webb whose other jewels in the same auction look like this:

David_webb_christies

No date is given, so it might have been a special commission. Either way I wanted to get a look at the necklace. I ended up having the chance to try it on!

20160604_141353

 

It was spectacular! All those stones and colors! A closer view is below:

20160604_141041

It got me thinking of what other designs Webb has produced that are not what would be considered his signature looks. So I wanted to play a quick game of guess the designer. I will put up two similar jewelry pieces and you guess which is the David Webb piece.

Pair #1: Amethyst flower earrings

Amethyst_earrings

The left or the right?

It is the left:

Amethyst_earrings_skinner

These earrings were found in the archives of Skinner Inc in Boston from an auction in 2006. These signed earrings went unsold. The earrings on the right are from a previous auction at Christie’s in 2013 that are unsigned and from the 1950s.

Pair #2: Butterfly Brooch

butterfly_brooch

Guesses?

The David Webb brooch is on the left. This is from the Christie’s Magnificent Jewels Auction of 2012. This brooch sold for $20,000 and is signed. The brooch on the right is from Bulgari made in 1969 this brooch sold for $23,750 at the 2015 Sotheby’s Magnificent Jewels Auction.

Pair #3: Pink Sapphire Earrings

pink_sapphire_earringsThe answer:

The right pair is by David Webb. Sold at Christie’s in 2010. The pair on the left has Kunzite as well as pink sapphires and diamonds, made by Michael Youssoufian, sold at Christie’s in 2002.

Ready for a bonus round?

Bonus: 18kt Gold Gem-set Day/Night Ear Pendants:

ruby_sapphire_earpendants

While searching for past pieces I saw a pair of earrings listed that I had seen somewhere before at another auction house and they did have the exact same design. The gem colors are different but they look like a very close match. So which is it?

The left is David Webb sold at Sotheby’s in 2014 and the right is Van Cleef & Arpels sold at Skinner in 2016. Both signed but no dates listed. Would love to know the story and original owners of these earrings. You don’t usually see copies like these from different houses. Any thoughts? Hope you enjoyed the quiz! I had a great time at Christie’s and look forward to seeing the results tomorrow!

Come back later for more posts!

Emeralds at Auction

May is almost over and there are only a few more major auctions before summer is here. So before May ends I want to look at the emeralds that went on auction in the 2015-2016 season. Emeralds are the birthstone for May but they are also the stones for celebrating a 20th or 35th anniversary.  The interesting meaning behind emeralds is that they are called the ‘Stone of Successful Love’. ‘Emerald promotes friendship, balance between partners, and is particularly known for providing domestic bliss, contentment and loyalty. It was dedicated in the ancient world to the goddess Venus for its ability to insure security in love’.(CrystalVaults)

I will look at 4 auction houses: Christie’s, Sotheby’s, Bonhams, and Skinner. I have picked 3 emerald lots from each auction house, all for their beauty and design, and a few for their story.

Christie’s

2016_blog_Christies_emeralds

The first piece to the left is an emerald necklace created in 1810, this was a major piece auctioned at the November Magnificent Jewels Auction in Geneva. It has a detailed and rich history behind it. This necklace belonged to royalty. This necklace was a wedding gift to Princess Hlne, whose family were descendants of Louis Philippe 1st, King of France. Princess Hlne ended up marrying Prince Emanuele Filiberto of Italy in 1895. This necklace also came with a tiara from her godfather. Gifts like these were traditional when both parties go into a union to strengthen the alliance between their countries. Emeralds seem like an appropriate gift considering their meaning. The princess became involved with the Red Cross in Italy during World War I and with the turmoil royal families were enduring at this time the necklace stayed out of sight. The princess died in 1951 and the necklace and tiara then were in the possession of Sybil Sassoon, Marchioness of Cholmondeley. When that woman died in 1989 the jewels were auctioned and this necklace made another appearance 25 years later. This necklace was estimated to go between $1,500,000 – $2,500,000 and made the estimate with a final price of $2,625,522 (buyer’s premium included). The necklace now starts another chapter in it’s exciting story!

The piece in the middle is an emerald, onyx and diamond brooch by Graff. I chose this piece because of the design and appearance of this bird of paradise. The emerald is about 11.18 carats and from Columbia. This item was auctioned at the Hong Kong Magnificent Jewels Sale in December. It was estimated to sell between $233,345 – $362,981 and far surpassed that estimate selling for $767,445 (buyer’s premium included).

To the right is a pyramidal cabochon emerald and diamond ring. It’s hard to tell with this photo but the emerald is about 53.46 carats and comes from Columbia, where the best emeralds are mined from. This was sold in December at the New York Magnificent Jewels Auction for $1,685,000 (buyer’s premium included). It was thought to go for about $200,000 – $300,000, a great surprise for Christie’s.

 

Sotheby’s

2016_blog_Sothebys_emeralds

The left item is a platinum, emerald and diamond brooch by Marianne Ostier from the Magnificent Jewels sale from April (Another jewel sold from this auction I wrote about in this post.)  This design has the emerald hollowed out from behind, so instead of focusing on carats the dimensions are given of being about 21.3 to 20.9 mm by 9.6 mm. The designer of this jewel is the real story Marianne Ostier got involved in jewelry designing in the late 1930s when she married her husband who worked as a jeweler. Mrs. Ostier is credited with inventing the pincushion clip and free-form jewelry. She was also the first life-time member elected to the Diamonds-International Academy and received other honors in her career. She closed the business shortly after her husband passed in 1969. You can read more about her on this blog. This item estimated to sell for $175,000 — $275,000 sold above that for $346,000  (buyer’s premium included).

The earrings in the middle are from Bvlgari and made in 1970. I love that it is not just the emeralds that are carved but the rubies as well the emeralds together weigh 65 carats and the rubies 22 carats. I could not find the origin of the emeralds but I assume they are Colombian. The interesting piece is in the conditions report which states: articles of jewellery containing jadeite or rubies of Burmese origin all less than 100 years old may not be imported into the US. So it looks like the buyer if American will not be bringing these back. This Magnificent Jewels and Jadeite Auction was held in April 2016 at Hong Kong. The earrings were estimated to go between $20,630 – $30,946 and sold above that for $53,188 (buyer’s premium included).

The last piece to the right is a favorite piece of mine. This was from the same auction that sold the Marianne Ostier brooch from above. This is a platinum, emerald and diamond clip-brooch created by Seaman Schepps. It is a favorite not just because of it’s design but it is an original item from this jewelry house. I know it is a piece that the designer was involved with because of the date it was made. It was made in 1935. Schepps started his business in 1920s and retired in the late 60s. He passed away in 1972. So this brooch is one of his earlier works. I heard one of the men who took over Schepp’s business, Anthony Hopenhajm, speak at a Christie’s class and he mentioned that unique pieces from the time Seaman Schepps was involved in his business sometimes get bought back by the firm. It doesn’t seem that this one made the cut if the company knew about it. The piece failed to sell for the $20,000-$30,000 estimate. Another of the many times I wish I had had the money for a piece I saw.

 

Bonhams

2016_blog_bonhams_emeralds

My final New York auction house had pieces that focused more on design than the size of the stone. The necklace to the left not only has emeralds and diamonds but includes rubies and a sapphire. This necklace is by Graff. You can tell it is a high end house that designed this due to the unique cuts of the central emerald and sapphire. You do not often see trapezoid shaped gems in jewelry. The reasoning is that these shapes go to a specific design and can not be easily incorporated into other designs so it is more expensive of a loss if the item does not sell because the stones can not be reused. This piece is also fun because it is from 1985. I feel a lot of jewelry auctioned is early 20th century so seeing some more recent but dated jewels is refreshing. This piece sold for $ 32,956 ( inc. premium) at the Fine Jewelry Auction held in London on April 20, 2016. No estimate was available when I found this piece and it too has restriction to the U.S. because of the rubies.

The pieces in the middle are a pair of twentieth century emerald and diamond dress clips from Hong Kong Rare Jewels & Jadeite Auction, November 2015. These emeralds have a total weight of about 55 carats. I love how the diamonds and metal surrounding the emeralds are styled like peacock feathers. These clips sold for $159,662 ( inc. premium).

The pendant to the right looks a bit out of place to the more refined picks I have made up until now. The colors are bold and the pendant is large at 9.5cm (3.74 inches) in length but the details and pave work are amazing. The front of this cross has 24 carats of emeralds surrounded by 22.7 carats of demantoid garnets. The back however is completely cover in 27.6 carats of diamonds!

back of Emerald Garnet Cross
back of Emerald Garnet Cross

 

Skinner Inc.

The last set of emeralds we will be looking at comes from Skinner Auction House in Boston, Ma.

2016_blog_Skinner_emeralds

This emerald and diamond brooch dates back to the Edwardian period. The exact date is not listed but the report on this piece places the origin of the emerald as being from Colombia. The diamonds are also old European-cut. I saw this in person it is smaller than many of the pieces listed but the emerald was eye clean and flawless looking. It was estimated to sell between $50,000-75,000 and out performed its high estimate by 547% selling for $410,000 (premium not included). Sold at the December Fine Jewelry Auction.

The earrings in the middle are not primarily emerald but the look of these 18kt Gold Gem-set Day/Night Ear pendants by Van Cleef & Arpels were too fun to pass up! These were sold for $67,650 (inc. premium) in the March Fine Jewelry Auction, above the $30,000-$40,000 estimate.

This antique emerald and diamond pendant/brooch has an emerald measuring 8.00 x 7.90 mm (.31 x .31 inches) surrounded by larger mine cut diamonds with  rose cut diamond accents and is 3 inches in length. This was also sold in the March Fine Jewelry Auction. It just made its estimate of $2,500-$3,000 by selling for $3,198 (inc. premium).

I hope you liked my selection! Do you have any emeralds from a loved one for marking an anniversary or special event? Anyone with an emerald engagement ring? Would love to hear your stories about your own emerald treasures! Below are some of the emeralds from my article that I got to see in person from my photo archives! What are your favorites?

Emeralds_at_auction_my_photos

 

 

Shirley Temple Blue Diamond at Auction

When seeing a movie besides the story and actors I pay attention to the jewelry shown. A favorite scene of mine is from the movie Bright Eyes starring Shirley Temple and James Dunn. (pictured below)

Bright_Eyes_ring_look

Close up of the ‘magic’ ring…

Bright_Eyes_ring_close_up

 

Dunn tells Shirley that this ring is a magic ring. If she ever needs him, she just needs to send the ring and he will come right back for her.

Well Shirley Temple had another ring that is up for auction this week. It is nothing less than spectacular it is an almost 10 carat deep blue diamond. As a fan of her work, I had to make the trip to New York to glimpse at this piece of history. What I got was a step back into old Hollywood and remember not only the star she was but the amazing person she continued to be long after her final movie.

I walked up to the fine jewelry department at Sotheby’s Auction House and was greeted to the red carpet treatment as I entered to find the blue diamond on display with videos and quotes on Shirley Temple Black’s life.

red_carpet

fdr

diamond_box

She had an amazing career, serving as a U.S delegate in the 60’s and Chief of Protocol of the United States in the 70’s.

The blue diamond was a gift from her father around the release of her new film The Bluebird in 1940.

blue_diamond_close

It was quite a treat to see the diamond and learn more about her life’s story. I will finish with a line that James Dunn says to Shirley in Bright Eyes when she mentions how pretty a lady he knew looks. He looks at Shirley with a serious tone and says, it’s not enough to be pretty here (points to her face), you need to also be pretty in here too (and points to her heart). I believe Shirley was both and I am grateful for being able to see her films that taught the values that would make you pretty inside.

Bright_Eyes_inner_pretty

If you have a favorite film of Shirley Temple’s, please share below! Also, come back for more looks at the auctions held this week!

Hearts on Auction

In honor of Valentine’s Day I have put together a few heart shaped jewelry items that were on the auction block. I am looking at items sold by Skinner Auction House in Boston, Sotheby’s, and Christies. All of them are beautiful, a few have some interesting history and one has created a scandal that will put it back in the auction house once again!

 

Skinner Auction House:

Skinner_67_12_2015_1

An 18kt Gold, Ruby, and Diamond Pendant sold in 2015 at the Fine Jewelry Auction for $1,230.

 

Skinner_121_12_2015_1An Antique 14kt Gold and Pink Tourmaline Necklace sold in 2015 at the Fine Jewelry Auction for $9,840.

Skinner diamond blog

Important Diamond sold in 2015 at the Fine Jewelry Auction for $3,947,000.

Note: I saw this in person, my photo on the right it was so valuable that it was not taken out for the public viewing. A bidder needed to be preregister and cleared by the accounting department in order to place a bid! This diamond was named important due to the area it was mined from which was believed to be in the area of the Golconda mines. This diamond had been in the collection of a prominent British American family who originally acquired this diamond around the 1880’s/1890’s. You can see in the photo on the right the ring is mounted in a setting. That is a platinum setting by Harry Winston. Total weight 31.25cts.

 

Sotheby’s Auction House:

Sothebys_339_12_2015_1Gold, Platinum and Diamond Bracelet sold for $22,500 in Magnificent Jewels Auction, 2015

Sothebys_5_12_2015_1Pair of Gold, Wood and Emerald Ear clips by Daniel Brush sold for $11,250 in Magnificent Jewels Auction, 2015

 

Sothebys_145_12_2015_118 Karat Two-Color Gold, Faint Pink Diamond, Colored Diamond and Diamond Ring, no final bid price listed from the Magnificent Jewels Auction, 2015

 

Sothebys_1327_12_2015_HK_1Tanzanite and Diamond Pendant Necklace, no final bid price listed from the Fine Jewels and Jadeite Auction, 2015

Note: Does this remind you of Rose’s Heart of the Ocean necklace from Titanic?

 

Christie’s Auction House:

Flato_04_14_14The Millicent Rogers Heart: A Ruby, Sapphire, Colored Diamond and Enamel Brooch by Paul Flato sold at the Magnificent Jewels Auction in 2015 for $425,000.

Note: Millicent Rogers (1902-1953) was a socialite and fashion icon that influenced several designers in her day and continues to inspire current designers in their collections. Verbum Carro is a Latin phrase that translates to ‘A word to my dear one’.

 

19c_sapphire_brooch_4_14_15_christiesA late 19th / early 20th century diamond and sapphire brooch sold at the London Jewellery Auction in 2015 for $4,401.

 

DE GRISOGONO_11_11_14_christiesA Pair of Diamond, Colored Diamond, Ruby, and Emerald Ear Pendants by De Grisogono sold at the Geneva Magnificent Jewels Auction in 2014 for $ 290,924.

 

ETaylor_taj_blogThe Taj Mahal, An Indian Diamond and Jade Pendant Necklace with Ruby and Gold Chain (chain by Cartier) owned by Elizabeth Taylor and Auctioned off at the Legendary Jewels Evening Sale in 2011.

It is no surprise to see something related to Miss Taylor back in the news. This piece was a gift from Richard Burton who famously stated, ‘I would have liked to buy her the Taj-Mahal but it would cost too much to transport.’ All items for the Taylor Jewelry Auction far surpassed their estimates. This item sold for $8,818,500, the second highest price paid for that auction. The Peregrina, the famous Spanish pearl was the item with the highest price paid, $11,842,500. (Note: All final price come from the Christie’s sight on the Evening Sale) The Taj Diamond, like the Peregrina necklace, has a story and history attached to it.

The necklace belonged to the Shah Jahan who commissioned the Taj Mahal monument in Agra in India. This diamond was a gift to the wife the Shah Jahan built the Taj Mahal for. However, the dispute happened shortly after the auction ended, as the winning bidder has claimed that this diamond did not belong to Shah Jahan. The owner then sought to get their money back and return the gem. This reason for the long battle is since the proceeds of the charity went to the Elizabeth Taylor Foundation; the Foundation had to return the money, not the auction house. This December the dispute finally ended with the bidder returning the gem and getting their money back. Now the diamond is returning to auction on an undisclosed date. It will be interesting to see the story now attached to it. I hope that there will be a public viewing of this diamond. I saw this diamond in December 2011, the only auction preview I needed to reserve a ticket and wait in line. Regardless of its origin, this diamond is still associated with love. For more information on this diamond’s story, please click here.

I hope you have a Happy Valentine’s Day and I look forward to you returning soon for another blog post!