Another round of jewels from the collections of the late Estée and Evelyn Lauder are the highlight of Sotheby’s upcoming Magnificent Jewels sale, scheduled for Dec. 9 in New York.
Estée Lauder (1906-2004) was the entrepreneur who founded what is today one of the world’s largest cosmetics companies, and Evelyn Lauder (1936-2011) was her daughter-in-law who worked as an executive in the family business for five decades.
The sale of 33 pieces from the collection of Evelyn Lauder will benefit The Breast Cancer Research Foundation, which she founded, while 11 pieces from Estée Lauder’s collection will be sold to benefit the Alzheimer’s Drug Discovery Foundation.
The jewel expected to lead the sale is one of Cartier’s rare and iconic “Tutti Frutti” bracelets, made circa 1928, which is estimated to garner between $750,000 and $1 million. It boasts platinum, rubies, emeralds, onyx, diamonds and enamel.
Other highlights of the sale include a pair of platinum, diamond and mystery-set colored stone pendant-earclips from Van Cleef & Arpels, which are expected to sell for between $200,000 and $300,000; a pair of platinum, 18-karat gold, colored diamond and white diamond earclips also from Van Cleef with a pre-sale estimate of $100,000 to $150,000; and a platinum, diamond, sapphire and emerald bracelet from Oscar Heyman & Bros. that could garner up to $150,000.
Also included in the sale is a pair of platinum and diamond clip-brooches, circa 1935, that have a pre-sale estimate in the range of $20,000 to $30,000.
Sotheby’s sold jewels from these two women’s collections twice before, in December 2012--a sale which totaled $22.2 million--and in 2013 to benefit the Breast Cancer Research Foundation.
Source:
http://www.nationaljeweler.com/fashion/jewelry-auctions/Sothebys-auctioning-5917.shtml
