07 June 2019

Phillips’ Jewels Sale Sees a 33% Increase

Since the Inaugural New York Auction in December

 

Auction Led by the 6.01 Carat Fancy Intense Orangy-Pink Diamond

 

New York, 7 June 2019

Sale Total: $3,199,250 / £2,511,411 / €2,825,257

Lots Sold: 103 | Lots Offered: 138

Sold by Lot: 75% | Sold by Value: 81%

 

Susan Abeles, Head of Jewels, New York, said,  “We were delighted to see such enthusiastic participation in our New York Jewels auction. The cover lot, a rare and exceptional 6.01 carat Fancy Intense Orangy-Pink diamond, sold for an impressive $1,340,000 ($223,000 per carat), finding a home with a private collector. Colored gemstones followed in strength with the important grandidierite achieving $52,500, marking the stone’s first-ever sale at auction. Many lots sold well above estimate, including a natural pearl, double strand necklace, which realized $81,250 – over three times its low estimate. Signed pieces also performed exceptionally well, with unique jewels by established makers, such as Belperron, Cartier and Van Cleef & Arpels, as well as emerging designers such Cezua and V.A.K. all achieving strong prices. There is still an opportunity to acquire other jewels in our online-only auction, which comes to a close on 11 June. We are thrilled to conclude our spring season on such a positive note and we look forward to the fall season ahead.”

 

 

TOP TEN LOTS

Lot

Description

Estimate

Price Achieved

138

An Exceptional and Rare Fancy Intense Diamond, Diamond, Platinum and Gold Ring

$1,200,000 - 1,800,000

$1,340,000

£1,051,900/€1,183,354

102

Cartier, A Sapphire, Diamond and Platinum Ring

$150,000 - 250,000

$175,000

£137,375 /€154,543

74

Van Cleef & Arpels, A Diamond, Colored Diamond and Gold Necklace and Pendant/Brooch

$70,000 - 90,000

$117,500

£92,238/€103,764

25

Cartier, An Art Deco Emerald, Diamond and Platinum Brooch

$100,000 - 150,000

$112,500

£88,313/€99,349

104

A Diamond and Platinum Ring

$40,000 - 60,000

$100,000

£78,500/€88,310

13

A Natural Pearl, Sapphire, Diamond and Gold Necklace

$25,000 - 35,000

$81,250

£63,781/€71,752

85

An Important Grandidierite

$40,000 - 60,000

$52,500

£41,213/€46,363

126

Cartier, An Emerald, Diamond and Platinum Ring

$40,000 - 60,000

$52,500

£41,213/€46,363

29

Van Cleef & Arpels, A Diamond and Platinum Brooch

$25,000 - 35,000

$47,500

£37,288/€41,947

100

An Emerald, Diamond and Platinum Bracelet

$40,000 - 60,000

$46,250

£36,306/€40,843