Trade Resources Industry Views Sotheby's Magnificent Jewels Sale Totaled $44.2 Million From Sotheby's Most Recent Sale

Sotheby's Magnificent Jewels Sale Totaled $44.2 Million From Sotheby's Most Recent Sale

A platinum-topped gold and diamond necklace presented to writer and socialite Helen Hay on her wedding day topped Sotheby’s auction Tuesday.

The Top 10 Lots From Sotheby's Most Recent Sale

Held in New York, Sotheby’s Magnificent Jewels sale totaled $44.2 million, raising its worldwide jewelry auction sales to $597.5 million so far this year--a new record high for the company in this category.

The auction was led by the platinum-topped gold and diamond necklace that Hay wore on the day she married businessman Payne Whitney--a society event that made headlines across the country, according to Sotheby’s. Featuring four diamonds ranging from F to H color, the necklace sold for $3.2 million.

In fact, all seven of the jewels offered during the sale that came from the estate of Helen Hay Whitney sold, totaling $4.8 million among them.

The remaining lots that fell in the top 10 on Tuesday also included a platinum and diamond ring that sold for $3 million and a platinum, colored stone, diamond and enamel “Tutti Frutti” Cartier bracelet from the estate of Evelyn Lauder. Sold to benefit the Breast Cancer Research Foundation, the bracelet doubled its pre-sale estimate when it garnered $2.2 million.

Rounding out the top 10 lots were a fancy grayish blue diamond ring that sold for $1.4 million; a fancy intense purplish-pink diamond ring that garnered $1.2 million; and a pair of platinum and diamond Harry Winston earclips circa 1972 that went for $1.1 million.

A pair of platinum, emerald and diamond pendant-earclips that once belonged to the Grand Duchess Vladimir of Russia garnered $1.1 million, and a rare and important Egyptian revival platinum, diamond and colored stone bracelet by LaCloche Freres sold for $1 million.

Source: http://www.nationaljeweler.com/fashion/jewelry-auctions/The-top-10-lots-from-Sotheby-s-most-recent-sale-6463.shtml
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The Top 10 Lots From Sotheby's Most Recent Sale
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