Strike the Gavel, the Bidding is Over!

Yesterday I let you know all about the Magnificent Jewels I viewed (and tried on!) at Sotheby’s on Tuesday. Today those stunning pieces were auctioned off, and now it’s time to find out what the final bids were! (Sales totals are hammer price plus buyer’s premium).

Lot #346, “Fine Platinum, Gold, Ruby and Diamond Ring”, estimated at $500,000 – $700,000 USD:

PRICE REALIZED: NO BIDS – NOT SOLD

Lot #356, “Platinum, Natural Pearl and Diamond Ring, JAR, Paris”, estimated at $50,000 – $75,000 USD:

PRICE REALIZED: $152,500 USD

Lot #359, “Platinum and Briolette Diamond Ring, JAR, Paris”, estimated at $250,000 – $350,000 USD:

PRICE REALIZED: $566,500 USD

Lot #87, “Pair of 18 Karat White Gold and Diamond Earclips, with Interchangeable Pendants”, estimated at $15,000 – $20,000:

PRICE REALIZED: $25,000 USD

Lot #175, “18 Karat White Gold, Diamond and Emerald Snake Bangle-Bracelet, Boucheron”, estimated at $20,000 – $30,000:

PRICE REALIZED: $68,500 USD

Lot #316, “Fancy Pink-Brown Diamond Ring”, estimated at $1,300,000 – $1,600,000:

PRICE REALIZED: $1,426,500 USD

Lot #441, “Magnificent Diamond and Platinum Ring, Graff”, from the collection of Evelyn H. Lauder, sold to benefit The Breast Cancer Research Foundation, estimated at $3,000,000 – $4,000,000:

PRICE REALIZED: $3,442,500 USD, sold to Laurence Graff

Lot #420, “Magnificent Platinum, 18 Karat Gold, Fancy Intense Yellow Diamond and Diamond Pendant-Necklace, Van Cleef & Arpels, New York, 1978”, from the collection of Evelyn H. Lauder, sold to benefit The Breast Cancer Research Foundation, estimated at $1,500,000 – $2,000,000:

PRICE REALIZED: $2,546,500 USD

Lot #442, “Magnificent Platinum, Fancy Intense Pink Diamond and Diamond Ring, Oscar Heyman & Bros”, from the collection of Evelyn H. Lauder, sold to benefit The Breast Cancer Research Foundation, estimated at $4,000,000 – $5,000,000:

PRICE REALIZED: $8,594,500 USD (highest sale price of the entire auction), sold to Laurence Graff

What do you think of the results? Anything you’re surprised by? I literally guffawed when I saw the final bid price for the Fancy Intense Pink Diamond from Evelyn Lauder’s collection.  That is so much more than the estimated price! I’m not surprised that the Fancy Intense Yellow Heart-Shaped Diamond sold for $2,546,500, given that it would be appealing to collectors of the Duchess of Windsor’s pieces, Evelyn Lauder’s pieces, and colored diamonds, let alone the fact that all the proceeds from that sale are going to The Breast Cancer Research Foundation. But I am puzzled that the oval ruby ring with the four pear-shaped diamonds didn’t sell at all. It was beautiful in person, and had such a high estimated bid value.

Sad that you missed seeing this jewelry in person? Don’t fret, if you are in NYC you will have a chance to check out more pieces at the Important Jewels exhibition at Sotheby’s in Feb 2013, or another new Magnificent Jewels exhibition at Sotheby’s in April 2013. Mark those calendars!

Lot #346 image found here, Lot #356 image found here, Lot #359 image found here, Lot #87 image found here, Lot #316 image found here, Lot #441 image found here, Lot #420 image found here, Lot #442 image found here.

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2 thoughts on “Strike the Gavel, the Bidding is Over!

  1. O the many shines with all the bright lights and twinkles! Yes, Please! to all of these! Except for lot #87: Pair of 18 Karat White Gold and Diamond Earclips, with Interchangeable Pendants. I can’t tell if I’m horrified or fascinated by them. The design and pendants make me squirm in a “plastic covered couch from the 1950s” sort of way, but that’s kind of why I admire them. They’re sort of unabashedly and unapologetically bold!

    • It’s funny you say that, now that I look at them with your 80’s comment in mind, they definitely look retro. All I can see in my mind now is Cybill Shepard in a dress with these on in a very special episode of Moonlighting 🙂

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