DIAMONDS, ART AND ANTIQUITIES DRIVE RAGO’S JEWELRY AND REMIX AUCTIONS, JUNE 9-11

Lambertville, NJ: Rago Arts and Auction Center’s June Jewelry and Remix Auctions brought $1,874,413 in sales over the weekend of June 9-11, 2017. The David Taylor Collection of Georg Jensen Jewelry – a masterfully curated collection of rare and early examples of Georg Jensen jewelry, including exceptionally rare works in gold, amassed by the world’s preeminent Jensen scholar – hammered in at 7% above the high estimate with a sell-through rate of 96%. The following day’s Remix: Effortless Style Auction saw several works of art and design defy their estimates, including Lot 1181, an untitled painting of a mother and child by Vietnamese artist Vu Cao Dam which sold for $10,625 against an estimate of $5,000-7,000. Diamonds dominated in Sunday’s Fine + Antique Jewelry Auction, including Lot 2459, a 7.19 carat RBC diamond and platinum engagement ring which sold for $87,500 against an estimate of $55,000-75,000 – the highest price achieved by a single lot in the three-day auction series.

Also of note: Lot 2224, an enameled yellow gold, diamond and ruby frog bracelet by David Webb which sold for $37,500 against an estimate of $18,000-24,000; Lot 2320, a Tiffany & Co. Art Deco sapphire, diamond and platinum strap bracelet which sold for $26,250; Lot 1181, James Bohary’s 1981 oil painting Wired Off Gardners’ Island which sold for $10,625 against an estimate of $3,000-5,000; and Lot 2117, a gentleman’s Patek Philippe exhibition back yellow gold watch which sold for $10,625 against an estimate of $4,000-6,000.

Weekend Total Hammer: $1,499,530
Hammer + 25% buyer’s premium: $1,874,413
Low Estimate: $1,732,350
High Estimate: $2,452,675
Bidders in-house: 196
Bidders on phone: 147
Absentee Bidders: 130
Number of lots: 1,295

Online bidders: 1,586 from US, UK, Australia, Canada, Denmark, France, Guatemala, Hong Kong, India, Israel, Italy, South Korea, Netherlands, Russia, Spain, Switzerland, Germany, Poland, Hungary, Greece, Ukraine, United Arab Emirates, China, New Zealand, Vietnam, Indonesia, Argentina and Thailand.

The David Taylor Collection of Georg Jensen Jewelry
Hammer:  $34,850
Hammer + 25% buyer’s premium: $43,563
Low Estimate: $23,750
High Estimate: $32,675
Number of lots: 32

Unreserved Jewelry Hammer: $218,035
Hammer + 25% buyer’s premium: $272,543
Low Estimate: $202,200
High Estimate: $295,000
Number of lots: 462

Remix: Effortless StyleHammer: $305,825
Hammer + 25% buyer’s premium: $382,281
Low Estimate: $395,300
High Estimate: $582,450
Number of lots: 308

Fine + Antique Jewelry Hammer: $940,820
Hammer + 25% buyer’s premium: $1,176,025
Low Estimate: $1,111,100
High Estimate: $1,542,550
Number of lots: 488

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