Submitted by aarAdmin on Tue, 12/10/2013 - 17:30
White diamonds of premium colour and clarity continue to be in high demand with the notable sale of two pairs of diamond studs (lots 72 and 187), which sold respectively for $58,560 including buyers premium (IBP) and $79,300 IBP at Sotheby’s Australia December 3 Sydney jewellery sale that totalled $1,407,832 IBP.
Both items were supported by Gemological Institute of America (GIA) reports stating their colour and clarity of the highest standards, with lot 72 boasting an Internally Flawless clarity.
A diamond bracelet (estimate $150,000-170,000, lot 188), designed as a line of twenty-four round brilliant cut diamonds with a total weight of approximately 37.34 carats set a dazzling result of $176,900 IBP recording the highest price at the sale.
The internet provided strong bidding throughout the evening sale.
Lot 73, a pair of diamond studs (estimate $35,000-55,000) attracting competitive bidding from the room and telephone, with the final bid to the internet selling for $70,760 IBP.
Interest in signed jewels was evident in the strong auction results in these signed pieces. A highly contested magnificent 18ct white gold and diamond ‘Trika’ necklace signed by Bulgari (lot 122), achieved $42,700 IBP against a low estimate of $36,000.
An 18ct gold and diamond bracelet signed by the prestigious French makers of High Jewellery, Van Cleef & Arpels, featuring a lion head motif (estimate $16,000-24,000, lot
144) sold for $18,300 IBP.
Another bracelet of 18ct gold circa 1971 (estimate $35,000-40,000 lot 164) signed by Cartier also attracted competitive bidding, resulting in a final sale price of $42,700 IBP.
Small gold pieces were also strongly sought after. An interesting 18ct gold, enamel and diamond ‘monkey’ brooch, signed Tiffany & Co (estimate $6,500-9,500, lot 64) sold for $8,540 IBP, and a 1960s 18ct gold clutch bag of woven mesh design with white gold trim and circular-cut diamonds (estimate $6,000-9,000, lot 12) achieved $10,004 IBP.
