Results of Sotheby’s London Fine Jewels Sale held on July 11, 2013

Sotheby’s London Fine Jewel Sale held on July 11, 2013, realized an impressive total sale of GBP 2,431,438. The sale was held in two sessions. The first session commencing at 10.30 am offered Lots 1 – 157 for sale and during the second session commencing at 2.00 pm, Lot 158 – 310 were put up for sale. The auction featured exceptional jewels, including several fine examples of opals, that once belonged to the collection of Princess Ceril Birabongse of Siam (Thailand), a large collection of cufflinks from the 1920s and 1930s, and also attractive vanity and cigarette cases from the first-half of 20th-century.

Lot 169, Diamond Ring set with a 3,42-carat, emerald-cut diamond between baguette diamond shoulders
Lot 169, Diamond Ring set with a 3,42-carat, emerald-cut diamond between baguette diamond shoulders

Top Lot of the Sale was Lot 169, a diamond ring set with a 3.42-carat, emerald-cut diamond as centerpiece flanked by two baguette-cut diamonds on the shoulders, that sold for GBP 51,250, which was almost five times the lower pre-sale estimate of GBP 10,500 and more than three times the upper pre-sale estimate of GBP 13,500.

Lot 239 - A Gemset and Diamond Ring - Great Cat  - by Cartier
Lot 239 – A Gemset and Diamond Ring – Great Cat – by Cartier

The second highest lot that fetched GBP 50,000 was Lot 239, a Gemset and Diamond Ring – Great Cat, by Cartier, the tiger’s body set with diamonds of yellow and near-colorless tints, the stripes set with black onyx, the eyes inset with pear-shaped emeralds. The price realized was 3.5 times the lower presale estimate of GBP 14,000 and almost three times the upper presale estimate of GBP 18,000.

Lot 304 - 1930s Diamond Ring set with a 5.89-carat, circular-cut diamond, between baguette diamond shoulders
Lot 304 – 1930s Diamond Ring set with a 5.89-carat, circular-cut diamond, between baguette diamond shoulders

The third highest lot was Lot 304, a 1930s diamond ring, set with a 5.89-carat, circular-cut diamond between baguette-cut diamond shoulders, that was once the property of Princess Ceril Birabongse of Siam (Thailand). The presale estimate placed on the lot was GBP 10,000 – 15,000, but the lot sold for the enhanced price of GBP 40,000, which was four times the lower estimate and 2.6 times the upper estimate.

Lot 162 - A Diamond Necklace and Pair of Diamond Ear Studs
Lot 162 – A Diamond Necklace and Pair of Diamond Ear Studs

 

Lot 203 - Lady's Diamond Cocktail Watch, Mini Baignoire - by Cartier
Lot 203 – Lady’s Diamond Cocktail Watch, Mini Baignoire – by Cartier

Two Lots 162 and 203, fetched the same price of GBP 33,750 and accordingly became the fourth highest lots at the sale. Lot 162, a Diamond Necklace and Pair of Diamond Ear Studs had a presale estimate of GBP 11,000 to 18,000 and Lot 203, a Lady’s Diamond Cocktail Watch, “Mini Baignoire” – by Cartier a presale estimate of GBP 30,000 to 40,000. While the sale price of Lot 162 exceeded both the lower and upper estimates, Lot 203 registered a sale price within the estimated range.

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