Skinner announces June 12 Fine Jewelry auction results

. June 21, 2012

Skinner, Inc. today announced strong results for its recent Fine Jewelry sale held Tuesday, June 12th. The highly successful sale grossed $2.8 million including buyer’s premium, surpassing the pre-auction estimate high. Colored stones, Art Deco pieces, diamonds, and natural pearls were especially strong performers.

An Art Deco diamond pendant necklace by Cartier brought $325,000 at a recent auction of fine jewelry at Skinner, Inc.

Art Deco & Diamonds
Both period pieces and diamonds produced exceptional results as highlighted by the auction’s top seller, an exquisite Art Deco diamond pendant necklace by Cartier. The necklace brought $325,000 and features a pear-shaped diamond, weighing 7.93 cts., accompanied by a GIA certificate, stating that the diamond is F color, VS1 clarity.

Other Art Deco pieces that brought excellent results include a Tiffany & Co. cushion-cut diamond ring weighing 3.92 cts. which sold for $142,200, and a platinum star sapphire and diamond ring that brought $15,405. A unique set of five Art Deco platinum and gem-set acrostic stacking rings set with a square-cut diamond, cabochon emerald, cabochon amethyst and fancy cut ruby also performed well, bringing in $22,515.

Colored Stones
Top-quality colored stones realized extraordinary prices. An outstanding example was an antique Kashmir sapphire and diamond ring, set with a cabochon sapphire weighing 9.92 cts., accompanied by an AGL report and a Gubelin report stating Kashmir origin, with no evidence of heat treatment. This exquisite gem sold for an impressive $189,600, surpassing its presale estimate high of $50,000.

Other top-performing colored stones include a bezel-set sapphire and diamond ring that sold for $36,735 and an emerald and diamond brooch that brought $22,515.

Natural Pearls
Natural pearl necklaces have been in great demand recently. The June 12th sale featured a five-strand natural pearl necklace with an emerald and diamond clasp that auctioned for $77,025 and a double strand natural pearl necklace that brought $56,880.

Skinner, Inc. will hold its next Fine Jewelry auction on Tuesday, September 11, 2012 in its Boston gallery. For information on consignment, please contact the Skinner Fine Jewelry department at (617) 874-4305 or jewelry@skinnerinc.com.

Category: Auction News

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