Majority of Lots Smash Estimates at Christie’s Jewelry Sale

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Sapphire and diamond brooch image

A sapphire and diamond brooch was among the many items that beat their upper presale prices at a recent Christie’s sale in London, bringing in GBP 378,000 ($480,044). 

The piece, which can also be worn as a pendant, contains an oval-cut, 30.95-carat Sri Lankan sapphire with a diamond surround, Christie’s said last week. Created circa 1910, it was the top item at the November 15 to 29 Christie’s Jewels Online: The London Edit sale, where it was estimated to fetch up to GBP 90,000 ($114,323). 

In total, the auction garnered GBP 4 million ($5.1 million), with 216 lots on offer. Those included several pieces that went for well past the high end of their price range, including a diamond brooch designed by Garrard around 1960, which was from the collection of Princess Margaret, countess of Snowdon. It sold for GBP 37,800 ($48,023), nearly five times its GBP 8,000 ($10,164) upper estimate. 

Here are the rest of the top five items from the auction:

This Van Cleef & Arpels 1950s bracelet sports oval-cut sapphires and tapered baguette-cut diamonds. It brought in GBP 126,000 ($160,179), within its price range. 
Designed by Bulgari, this necklace features a hexagonal-cut Colombian emerald center stone, with cultured pearls and diamonds. It went for GBP 107,100 ($136,130), nearly double its GBP 60,000 ($76,263) high estimate. 
This Chopard necklace is constructed in a highly flexible cylindrical design and fitted with circular-cut diamonds. The piece, which can be detached into two sections to form a shorter necklace and bracelet, surpassed its GBP 60,000 ($76,263) upper price tag to nab GBP 94,500 ($120,093). 
A ring with a circular-cut, 12.13-carat diamond center stone and baguette-cut diamond accents beat its GBP 80,000 ($101,663) high price, garnering GBP 88,200 ($112,074). 

Image: The sapphire and diamond brooch. (Christie’s)

Majority of Lots Smash Estimates at Christie’s Jewelry Sale

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