Classic Diamonds Perform Brilliantly At Bonhams


Fine Jewellery
22 Jun 2015
New York

New York – Bonhams Fine Jewellery sale on June 22 made $3.8 million with diamonds and coloured gemstones leading the way.

Connoisseur pieces

The auction was led by an important diamond rivière necklace that sold for $1,205,000 weighing 79.20 carats in total. The stunning necklace features Triple X-cut diamonds that are of the highest cut, polish and symmetry grade. The graduated line of fifty-two round brilliant-cut diamonds are joined together by a heart-shaped clasp. "This was one of many pieces in the auction that exemplified connoisseurship," said Susan Abeles, Director of Fine Jewellery at Bonhams US. "The necklace – which is similar to one that Beyonce wore at the Oscars' after-party – shows that round diamonds are storming back into fashion. This set of diamonds has a classical, timeless elegance that shines through."

Colored stones in high demand

The sale also confirmed the company's recent claim that 2015 will be the year of the coloured gemstone. These stones were sought after by bidders from around the world who were paying a premium for gems that are becoming increasingly hard to source on the market or at auction. For instance, enthusiastic bidding rapidly drove up the price of a turn-of-the-century imperial topaz and diamond pendant brooch that realised $87,500, more than 9 times the high estimate. The brooch, mounted in platinum and rose gold with diamonds, is of "exceptional quality", said Abeles.

A fine 25-carat sapphire and diamond ring by M. Gerard also attracted interest from around the globe before it achieved a magnificent result of $581,000, as did a pair of emerald and diamond earrings that made $118,750, more than double its estimate.

Susan Abeles, Director of Fine Jewellery at Bonhams US commented, "Buyers know quality when they see it and this auction shone with exquisite pieces that were fought over by bidders from around the world."

The next Fine Jewellery sale at Bonhams will be held on Thursday 24 September at the New Bond Street saleroom.


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest auctioneers of fine art and antiques. The present company was formed by the merger in November 2001 of Bonhams & Brooks and Phillips Son & Neale. In August 2002, the company acquired Butterfields, the principal firm of auctioneers on the West Coast of America. Today, Bonhams offers more sales than any of its rivals, through two major salerooms in London: New Bond Street and Knightsbridge; and a further three in the UK regions and Scotland. Sales are also held in San Francisco, Los Angeles, Carmel, New York and Connecticut in the USA; and Germany, France, Monaco, Hong Kong and Australia. Bonhams has a worldwide network of offices and regional representatives in 25 countries offering sales advice and valuation services in 60 specialist areas. For a full listing of upcoming sales, plus details of Bonhams specialist departments go to www.bonhams.com

Contacts
  1. Susan Abeles
    Specialist
    Bonhams
    Work
    580 Madison Avenue
    New York, United States 10022
    Work +1 212 461 6525
    FaxFax: +1 212 644 9007

Related auctions