Christie’s London Important Jewels Sale Reaches Almost $23M
Recently, Christie’s London auction of important jewels achieved sales of $22,750,300 and 75% of jewels were sold by lot. The auction had their top 10 lots sell more than above average of their pre-sale estimates. Among the top lots was a 14.66 carat Kashmir sapphire and diamond brooch (pictured above), created in 1890, which sold to an international trade for $2,197,044. This doubled the high pre-sale estimate of $790,000.
Other important jewels and top lots included a 41.54 carat Burmese sapphire and diamond pendant, that was created in 1880, and sold for $1,625,200, a diamond parure created by Mouawad that was sold to the Swiss trade for $1,285,864, 1.54 carat fancy deep hued blue diamond, and 1.78 carat pink diamond to the European trade for $1,182,178, and lastly a diamond necklace that held a 20.72 carat, VS1 clarity, diamond pendant that was sold to a buyer from the international trade for $871,120.
“The London sale of ‘important jewels’ showed that quality, rarity and provenance continue to be the key factors sought by collectors worldwide. This was demonstrated by two important late 19th century sapphire brooches, one of Kashmir origin which realized GBP 1,398,500, the other of Burmese origin which fetched GBP 1,034,500, and a fancy deep blue and fancy intense pink diamond ring, all of which far exceeded their pre-sale estimates said Keith Penton, the head of Christie’s London jewelry department.