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Phillips New York Jewels Auction Totals Over $2.5 Million - News Directory 3

Phillips New York Jewels Auction Totals Over $2.5 Million

December 15, 2024 Catherine Williams Entertainment
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At a glance
Original source: forbes.com

Sparkling Success: rare Gems and Signed Jewels Shine at Phillips New York Auction

New York, NY – Phillips New York’s Jewels auction on⁤ December 13th dazzled wiht a collection of vibrant colored diamonds, rare gemstones, and exquisite signed pieces. Teh auction, held⁣ at the‍ prestigious Park Avenue saleroom, generated over $2.5 million in sales, with 70% of lots finding new owners.

While several high-profile pieces remained unsold, the top lots achieved impressive results, staying within their estimated price ranges. Leading the pack was a breathtaking Toi et Moi ⁢ring, a design symbolizing togetherness. This sleek platinum piece featured a 5.03-carat pear-shaped ⁢diamond paired with a 3.61-carat fancy vivid ⁢yellow diamond of ‍the same shape, both ‍graded internally ⁣flawless. Accented⁤ with brilliant-cut diamonds in both colorless and yellow hues, the ring captivated bidders, ultimately fetching $253,000.

Fancy vivid yellow diamond and diamond Toi et Moi ring‍ fetched $253,000

Phillips

The allure of rare gemstones proved ⁣irresistible, with a 3.42-carat‍ unmounted and unheated Kashmir sapphire commanding $215,900. Kashmir sapphires,renowned for their velvety blue hue and extraordinary clarity,are highly sought after by collectors.

A 3.42-carat unmounted and unheated Kashmire sapphire‍ sold for $215,900.

Phillips

Equally captivating was a 10.11-carat Paraiba tourmaline from Brazil, a country famous for producing these vibrant green-blue gems. Paraiba tourmalines, particularly those exceeding 10 carats, are considered among the rarest and most valuable colored gemstones in the world. This particular stone, while having undergone heat treatment, fetched an impressive $215,900.

A 10.11-carat Paraiba tourmaline from Brazil sold for $215,900

Phillips

signed jewels also drew significant attention. A transformable René Boivin aquamarine demi-parure, circa 1950, designed by the renowned Juliette ⁢Moutard, stole the show. This elegant⁢ set, featuring a necklace with a detachable aquamarine pendant that ⁤doubles as a brooch, and matching ⁣earrings, sold for $146,050.

A transformable René Boivin aquamarine demi-parure necklace and earrings fetched $146,050

Phillips

Adding to the auction’s success was an antique necklace set with 43 graduated old- and circular-cut diamonds, mounted in silver-topped gold. this timeless piece sold for $95,250, demonstrating ‍the enduring appeal of⁤ classic diamond jewelry.

An antique necklace set with ‍43 graduated ⁣old- and circular-cut diamonds fetched $95,250

Phillips

The Phillips New York jewels auction showcased the enduring allure of fine jewelry, with rare gemstones and signed pieces captivating collectors and enthusiasts alike.

Sapphire Sparkle: vintage ‍Jewels Shine at Phillips‍ Auction

New York, NY – A dazzling⁤ array of vintage jewels captivated bidders at Phillips’ ⁤recent New York auction, with a stunning Ceylon sapphire ring taking center stage.The platinum ring, featuring a 31.22-carat oval-shaped sapphire encircled by brilliant-cut diamonds,fetched an impressive $76,200.

The auction showcased a captivating selection of signed pieces, including a pair of elegant⁢ earclips by renowned designer Suzanne Belperron. The 1945 trefoil-designed ‍earclips, crafted in 18k yellow gold and platinum and set with pavé-set diamonds, sold for $40,640.

Adding a touch of ⁣hollywood glamour, a Jean⁣ Schlumberger clip-brooch once owned by ⁤legendary actress Lauren Bacall also‍ found a new home. The tortoiseshell, coral, and diamond brooch, circa 1956, exceeded its⁤ high estimate, selling for $21,590.

[Image: Ceylon Sapphire Ring]

While the auction saw several successes, one highly anticipated lot was withdrawn ⁤prior to bidding. A 43.15-carat old European brilliant-cut fancy yellow diamond ring, estimated at $550,000 – $850,000, was pulled ⁤without explanation, ⁤leaving collectors and enthusiasts curious.

[Image: Jean Schlumberger Clip-Brooch]

Othre notable pieces that failed to ⁢meet their reserve prices included a 2.11-carat fancy intense green diamond ring, estimated at $115,000 – $170,000,⁤ and ⁤a ⁣dazzling Oscar Heyman bib necklace set with approximately 150 carats of yellow, brown, and orange-tint ⁤diamonds, estimated at $100,000 – $150,000.

Despite a few unsold‍ lots, the auction demonstrated the enduring ⁢allure of vintage jewelry, with collectors ‍eager to acquire pieces with history, craftsmanship, and timeless elegance.

[Image: Oscar Heyman Bib Necklace]

Gems of Distinction: Phillips New ⁤York Auction Sees Sparkling Success

Newsdirectory3.com ⁤- New York, NY – The holiday‍ season shimmered with brilliance at Phillips New York’s recent Jewels auction, which⁢ saw a dazzling selection of colored diamonds, rare gemstones, and coveted signed pieces attract bidders from around the globe.

To gain deeper insight into the success of the auction,‍ we spoke to[[[[Name of Specialist], a respected expert in the field of fine jewelry at⁣[[[[Specialist’s⁤ Affiliation].

Newsdirectory3.com: The auction generated over $2.5 million in sales, a testament to the allure of fine jewelry. What factors contributed to this notable result?

[Specialist’s Name]:

“[Quote from Specialist about contributing factors to auction success,possibly mentioning strong demand,the quality of the pieces offered,and the current market trends for specific types of jewelry,such as colored diamonds or signed pieces].”

Newsdirectory3.com: A standout piece was the “Toi⁣ et Moi” ring featuring ‍a pear-shaped yellow diamond and a pear-shaped white diamond. can you tell us more about ⁤the meaning‍ of this design and its ⁢appeal to collectors?

[Specialist’s Name]:

“[Quote from Specialist about the Toi et Moi ring,explaining its symbolism of togetherness and the specific appeal of the pairing of yellow and white diamonds.They could also mention the rarity of internally flawless diamonds and the overall craftsmanship of the piece.]”

Newsdirectory3.com: The⁣ auction also featured a remarkable unheated Kashmir sapphire. What⁣ makes these sapphires so ⁣highly coveted by collectors?

[Specialist’s Name]:

“[Quote from Specialist about the rarity and desirability of Kashmir sapphires. They might touch upon their distinctive velvety blue hue, extraordinary clarity, and origin from the now-depleted mines of Kashmir.]”

Newsdirectory3.com: Despite the success, some high-profile pieces remained unsold. What are some reasons why certain lots might not ‍find a buyer at auction?

[Specialist’s Name]:

“[Quote from Specialist about potential reasons for unsold lots,such as ambitious pricing,current market conditions,or simply a lack of bidding competition for specific pieces.]”

Newsdirectory3.com: What trends do you see emerging in the world of fine jewelry collecting?

[Specialist’s Name]:

“[Quote from Specialist on emerging trends, potentially mentioning the growing interest in enduring practices, the popularity of vintage and estate jewelry, or the increasing demand for unique and personalized pieces.]”

the Phillips New York Jewels ⁣auction presented a vibrant⁣ snapshot of the fine jewelry market. With strong demand for vibrant colored diamonds and rare gemstones, it appears the sparkle of these precious items will continue ⁤to shine brightly⁢ in the coming year.

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