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HARRY WINSTON RING FEATURING A 17.22 CARAT DIAMOND SELLS
FOR $764,000 AT DOYLE NEW YORK ON APRIL 19, 2005
Strong Competition for Rings Set with Pear-Shaped Diamonds
Art Deco Bracelets by Cartier More Than Double Their Pre-Sale Estimates
On Tuesday,
April 19, 2005, Doyle New York held an auction of Important Estate Jewelry
from a variety of prominent estates and collections. The sale offered
a dazzling array of jewelry spanning the Antique, Victorian, Edwardian,
Art Nouveau, Art Deco and Modern eras by some of the world's most prestigious
makers, including Harry Winston, Cartier, Van Cleef & Arpels, Tiffany
& Co., David Webb, Buccellati, and Yard, among others. A special
section of the auction featured a selection from the estate of jewelry
designer Arthur King (more). With
collectors and dealers in the salesroom competing against an unusually
high number of phone and absentee bidders from around the world, the sale
total reached $2,485,000 surpassing the pre-sale estimate of $1,652,985-2,258,590,
with 90% sold by lot and 94% sold by value.
Highlighting
the auction was an important diamond ring by Harry Winston set
with a pear-shaped diamond of 17.22 carats. The ring was accompanied by
a G.I.A. certificate stating that the stone is D color and Internally
Flawless. Further enhancing the ring were six tapered baguette-cut diamonds
totaling approximately 2.33 carats. Estimated at $550,000-750,000, the
ring attracted intense competition from bidders in the salesroom and on
the telephones which drove the bidding past its pre-sale estimate to $764,000.
In addition
to the ring by Harry Winston, the auction offered other impressive diamond
rings that also attracted strong competition. Pear-shaped stones seemed
particularly popular at the sale. A diamond ring set with a pear-shaped
old mine diamond of approximately 5.73 carats sold for several times its
pre-sale estimate at $142,400. Another ring featuring a pear-shaped diamond
of approximately 6.15 carats almost doubled its pre-sale estimate and
sold for $61,200. Pear-shaped diamonds weren't the only cuts to achieve
strong prices. A diamond ring set with a round diamond of approximately
4.48 carats sold over its estimate at $33,600. A cluster ring by Schlumberger
set with a cushion cut diamond of approximately 4 carats surrounded by
56 round diamonds sold for $31,200.
Fine Art
Deco pieces are always highly sought-after at auction, and the April 19
sale offered two stunning examples by Cartier, both of which more
than doubled their pre-sale estimates. From a private collection came
an exquisite Cartier Art Deco diamond and ruby bracelet estimated at $30,000-40,000
that sold for $84,000, and from a New York estate came an elegant Cartier
Art Deco diamond bracelet estimated at $15,000-20,000 that sold for $47,000.
Jewelry featuring
colored stones attracted strong interest at the sale. One of the highlights
was a sapphire and diamond ring by Harry Winston set with a cushion-cut
sapphire of approximately 11.78 carats flanked by six pear-shaped diamonds.
The ring more than doubled its pre-sale estimate and sold for $28,800.
Another notable offering was a pair of emerald and diamond pendant earrings,
each set with a tear shaped emerald, that more than tripled their pre-sale
estimate and sold for $27,000.
Highlighting
the selection of fine watches was an exquisite Edwardian diamond and enamel
wristwatch by Patek Philippe & Son. The band and watchcase were
decorated with numerous rose-cut diamonds and light blue enamel. Estimated
at $5,000-7,000, the watch sold after strong competitive bidding for $30,000.ннн
Doyle New
York's next auction of Important Estate Jewelry is scheduled for September
2005. For information on consigning property, please contact Ann Lange
of Doyle New York's Jewelry Department at (212) 427-4141 ext. 221, or
email jewelry@DoyleNewYork.com. To order an auction catalogue, call the
Subscriptions Department at (212) 427-2730, or email subscriptions@DoyleNewYork.com.
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Ann
Limer Lange
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Berj
Zavian, Appraiser
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AUCTION
Tuesday, April 19, 2005 at 10am
NEXT
AUCTION
September 2005
INFORMATION
Ann Limer Lange, 212-427-4141, ext. 221, jewelry@DoyleNewYork.com
CATALOGUE
Printed catalogue: Subscriptions
Department, 212-427-4141, ext. 257
View the online catalogue
MEDIA
CONTACT
Louis LeB. Webre, Vice President,
Marketing and Media, 212-427-4141, ext 232
Images and interviews are available upon request.
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A SELECTION OF AUCTION HIGHLIGHTS
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Lot
516
Diamond Ring
Harry Winston
Platinum, set to the center with one pear-shaped diamond*, approximately
17.22 cts., flanked by six tapered baguette-cut diamonds, approximately
2.33 cts., hallmarked HW for Harry Winston.
This stone has been weighed and is accompanied by a G.I.A. certificate
dated February 20, 2002 and numbered 11802203, which states that
the stone is D color and Internally Flawless.
Estimate: $550,000-750,000
Sold
for $764,000
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Lot
510
Diamond Ring
Platinum, set to the center with one pear-shaped old-mine cut diamond,
approximately 5.73 cts.*, this stone has been weighed, approximately
3.3 dwt. Size 7.
Estimate: $25,000-30,000
Sold for $142,400
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Lot
513
Art Deco Diamond and Ruby Bracelet
Cartier
Platinum, designed as three rectangular panels, set throughout with
one hundred twenty old European-cut diamonds, approximately 20.50
cts., and nineteen small single-cut diamonds, one stone missing,
accented by seventy-five rectangular-cut and square-cut rubies,
total approximately 17.00 cts., one ruby missing, signed Cartier,
France, numbered #02710, approximately 36.5 dwt. Length 7 1/4 inches.
Estimate: $30,000-40,000
Sold for $84,000
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Lot
511
Diamond Ring
Platinum, set to the center with one pear-shaped diamond, approximately
6.15 cts.,* this stone has been weighed, flanked by two tapered
baguette-cut diamonds, approximately 4.4 dwt. Size 7.
Estimate: $30,000-40,000
Sold for $61,200
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Lot
512
Art Deco Diamond Bracelet
Cartier
Platinum, of geometric design, composed of baguette-cut diamond
panels centering seven round diamonds, approximately 2.25 cts.,
set throughout with one hundred one round and fifty-six baguette-cut
diamonds, total approximately 21.20 cts., signed Cartier, approximately
38.5 dwt. Length 7 1/4 inches.
Estimate: $15,000-20,000
Sold for $57,000
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Lot
515
Diamond Ring
Platinum, set to the center with one round diamond*, approximately
4.48 cts., this stone has been weighed, flanked by two tapered baguette-cut
diamonds, approximately 4.3 dwt. Size 7 1/4.
Estimate: $25,000-30,000
Sold for $33,600
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Lot
491
Diamond Ring
Schlumberger
The 18 kt. yellow gold shank having teardrop-shaped platinum accents,
set with fifty-six round diamonds, approximately 1.80 cts., centering
a cushion-cut diamond, approximately 4.00 cts., by formula, signed
Tiffany, Schlumberger, France, approximately 9.5 dwt. Size 9 1/2.
Estimate: $30,000-40,000
Sold for $31,200
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Lot
485
Edwardian Diamond and Enamel Wristwatch
Patek Philippe & Co
Platinum and 18 kt. yellow gold, the flexible expansion band and
circular case set with numerous rose-cut diamonds, enhanced by slender
bands of light blue guilloche enamel, the conforming white enamel
dial having black Arabic numerals and blue steel spade hands, the
nickel-lever movement having 18 jewels, 8 adjustments and bi-metallic
balance, dial, movement, case and cuvette signed Patek Philippe
& Co, Switzerland, movement numbered 161868, case numbered 265134,
circa 1910, extra link, approximately 24 dwt. Length 5 3/4.
Estimate: $5,000-7,000
Sold for $30,000
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Lot
505
Sapphire and Diamond Ring
Harry Winston
Platinum, set to the center with a faceted cushion-cut sapphire*,
approximately 11.78 cts., flanked by six pear-shaped diamonds, total
approximately 2.50 cts., signed Winston, approximately 6.3 dwt.
Size 6.
This stone has been weighed and is accompanied by a G.I.A. certificate
dated February 15, 2005 and numbered 14163679, which states that
it is a natural sapphire with no evidence of heat treatment.
Estimate: $8,000-12,000
Sold for $28,800
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Lot
493
Diamond Ring
Platinum, set to the center with one pear-shaped diamond*, approximately
3.94 cts., this stone has been weighed, flanked by two tapered baguette-cut
diamonds, approximately .60 ct., approximately 1.6 dwt. Size 5 3/4.
Estimate: $12,000-15,000
Sold for $27,600
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Lot
500
Cultured Pearl Necklace with Emerald and Diamond Clasp
The single strand necklace composed of forty cultured pearls, approximately
8.0 to 7.7 mm., the oval platinum clasp set with one cushion-cut
diamond, approximately 2.50 cts., by formula, and one square-cut
emerald, approximately 2.25 cts., by formula, additionally set with
fifty-eight round diamonds, approximately 1.40 cts., one diamond
missing. Length 15 inches.
Estimate: $12,000-15,000
Sold for $27,600
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Lot
514
Diamond Bracelet
Platinum, of pierced geometric pattern, centering one old European-cut
diamond, approximately 2.50 cts., and eleven old European-cut diamonds,
approximately 8.15 cts., set throughout with eighty-four old European-cut
diamonds, approximately 4.50 cts., and numerous small old-mine single-cut
diamonds, circa 1925, approximately 26.8 dwt. Length 7 1/4 inches.
Estimate: $15,000-20,000
Sold for $27,600
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Lot
501
Pair of Emerald and Diamond Pendant- Earrings
Platinum, the tops set with four half-moon shaped diamonds joined
by two round diamonds, and capped by twenty-eight small round and
fourteen baguette-cut diamonds, total approximately 1.50 cts., each
mounting suspending a a teardrop-shaped emerald pendant measuring
approximately 18.5 x 10.5 mm. and 17.5 x 9.8 mm.
Estimate: $4,000-6,000
Sold for $27,000
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PROPERTY
FROM THE ESTATE OF ARTHUR KING
Born
in New York in 1921, Mr. King was a self taught goldsmith who learned
his craft during World War II while working with scrap metal in
the Navy. After the War, he returned to New York where he devoted
himself to creating fine jewelry and objets de vertu. With support
from singer Lena Horne, he established a successful gallery on 59th
Street and expanded his business into eighteen shops and outlets,
including showrooms in Miami and Havana, as well as in Londonís
luxury emporium, Fortnum & Mason. In 1970, he moved into new
headquarters at 619 Madison Avenue and opened a remarkable flagship
showroom with cases of molded lead that reflected the organic lines
of his signature jewelry designs.
Jewelry
by Arthur King celebrates the rich diversity of textures found in
nature. Each of his creations is unique. A master of the lost wax
gold-casting technique, Mr. King incorporated precious stones and
pearls into his designs and showcased them within settings of fantastic
golden tendrils. He allowed the materials to inspire the shape of
each object and then created an individual work of art.
For
his extraordinary achievements in jewelry design, Mr. King was honored
by the Museum of Contemporary Crafts in New York and the Cultured
Pearl Association of Japan. He was also chosen to create trophies
using natural American materials for the National Trust for Historic
Preservationís annual awards for excellence. Among his roster
of prominent clients were Mary Hemingway and Claire Booth Luce,
who owned a number of his pieces in her renowned collection of fine
jewelry. His creations have also been exhibited in such distinguished
public institutions as the Victoria and Albert Museum and the Goldsmithís
Hall International Jewelry Exhibition in London, the Stockholm Museum
of Modern Art, and the American Museum of Natural History in New
York.
The
auction offered nine lots of jewelry from the Estate of Arthur King
(lots 444-452).
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Lot
445
Gold, Baroque Cultured Pearl and Diamond Necklace
Arthur King
18 kt. yellow gold, of rough bark design, set to the front with
thirteen baroque cultured pearls, ranging from 21.0 x 19.0 mm. to
14.0 x 10.0 mm., enhanced by seventeen round diamonds, approximately
3.00 cts., signed Arthur King, approximately 98 dwt. Length 14 inches.
Property from the Estate of Arthur King
Estimate: $7,000-9,000
Sold for $12,000
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