$1 MILLION EMERALD SPARKS GREEN FIRE IN RAGO’S DECEMBER JEWELRY AUCTION

Lambertville, NJ: An unenhanced Colombian emerald weighing some 29 carats brought $1,030,000 in Rago’s $4.25 million dollar jewelry auction on December 4, 2016. A pear-shaped diamond of approximately equal size, suspended as a pendant, followed closely at a sale price of $850,000. In all, it was an auction in which the flashiest prices were achieved by serious gemstones and pieces by renowned makers like Cartier and David Webb.

Lot 2428 Highly Important Diamond Necklace 28.67 cts. Sold for: $850,000
Lot 2428
Highly Important Diamond Necklace
28.67 cts.
Sold for: $850,000

“Property from many fine homes, collectors and estates provided us with beautiful material across a wide spectrum,” said Sarah Churgin, Director of the Jewelry Department, “From Imperial jade to museum quality Ottoman era Armenian jewelry, from top designers such as Cartier to diamonds and gemstones significant in their own right, this was a benchmark sale for us.”

Lot 2456 7.70 Cts. Unmounted Pear Shaped Diamond Sold for: $68,750
Lot 2456
7.70 Cts. Unmounted Pear Shaped Diamond
Sold for: $68,750

Katherine Van Dell, the jewelry specialist who will head the department as of 2017, when Sarah Churgin transitions to a Rago consultant, agreed. “This auction, to me, marked new territory in terms of what we have offered and what we are capable of achieving for our consignors.”

Lot 2030 Cartier, Paris, Enameled Gold & Agate Table Box Sold for: $75,000
Lot 2030
Cartier, Paris, Enameled Gold & Agate Table Box
Sold for: $75,000

Total Hammer: $3,454,500
Hammer + buyer’s premium: $4,240,625
Low Estimate: $3,296,750
High Estimate: $4,354,050
Bidders in-house: 156
Bidders on phone: 93
Absentee Bidders: 287
Number of lots: 490

Lot 2427 Magnificent Unenhanced Classic Columbian Emerald Approx. 29 cts. Sold for: $1,030,000
Lot 2427
Magnificent Unenhanced Classic Columbian Emerald
Approx. 29 cts.
Sold for: $1,030,000

Online bidders: 1,120 from U.S., Canada, Mexico, Puerto Rico, UK, France, Italy, Germany, Netherlands, Romania, American Samoa, Sweden, Singapore, Austria, Switzerland, Spain, Denmark, Norway, Finland, Poland, Russia, Turkey, Israel, United Arab Emirates, Ukraine, Hungary, China, Thailand, Vietnam, Japan, South Korea, India, Taiwan, Malaysia, Australia and New Zealand.

LOT 2087 - A SUPERB RUBY AND DIAMOND RING, BY FAIDEE
LOT 2087 – A SUPERB RUBY AND DIAMOND RING, BY FAIDEE
Lot 2433 Predominantly Natural Pearl Necklace Sold for: $56,250
Lot 2433
Predominantly Natural Pearl Necklace
Sold for: $56,250
Lot 2440 Art Deco Diamond & Platinum Pendant Sold for: $38,750
Lot 2440
Art Deco Diamond & Platinum Pendant
Sold for: $38,750

 

Lot 2418 Fine Jadeite "A" Jade Pendant Earrings Sold for: $37,500
Lot 2418
Fine Jadeite “A” Jade Pendant Earrings
Sold for: $37,500

 

Lot 2444 4.01 Cts. Fancy Light Yellow Diamond & Platinum Ring Sold for: $28,750
Lot 2444
4.01 Cts. Fancy Light Yellow Diamond & Platinum Ring
Sold for: $28,750
Lot 2160 David Webb Gold & Diamond "Princess Lillian" Cuff Sold for: $27,500
Lot 2160
David Webb Gold & Diamond “Princess Lillian” Cuff
Sold for: $27,500
Lot 2442 Fancy Vivid Yellow & White Diamond Pendant Sold for: $27,500
Lot 2442
Fancy Vivid Yellow & White Diamond Pendant
Sold for: $27,500

 

Lot 2431 Natural Saltwater Pearl & Platinum Belle Epoque Ring Sold for: $23,750
Lot 2431
Natural Saltwater Pearl & Platinum Belle Epoque Ring
Sold for: $23,750
Lot 2441 Art Deco Diamond & Platinum Chandelier Earrings Sold for: $23,750
Lot 2441
Art Deco Diamond & Platinum Chandelier Earrings
Sold for: $23,750
Lot 2000 Marcus & Co. Phantom Fire Opal Art Nouveau Brooch Sold for: $10,625
Lot 2000
Marcus & Co. Phantom Fire Opal Art Nouveau Brooch
Sold for: $10,625
Lot 2178 Fine Ruby & Sapphire Bow Hinged Victory Bracelet Sold for: $11,250
Lot 2178
Fine Ruby & Sapphire Bow Hinged Victory Bracelet
Sold for: $11,250
Lot 2115 Chinese Gold Filigree Pendant, 18th-19th C. Sold for: $13,750
Lot 2115
Chinese Gold Filigree Pendant, 18th-19th C.
Sold for: $13,750

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