Success of the Jewellery Section at the Summer Fine Art Sale

We previously highlighted Part II of the Collection of the late Honorary British Consul Kurt David Bruhl of Graz, Austria, as “one to watch” in the International Summer Fine Art Sale; the impressive collection of jewellery certainly didn’t disappoint.  Out of the 63 lots from this estate highlights included lot 185, a diamond solitaire ring which sold for £4,300 against a £1,500 -£2,000 estimate; Lot 220, an emerald and diamond bracelet which sold for £8,000 against a £2,000-£3,000 estimate, and lot 271, a multi-gemstone flamingo brooch, after Cartier, which although sold on estimate at £3,600, captured the imagination of private buyers before selling to the trade.
However, other private collections also boosted the jewellery which, comprising 223 lots was the joint largest section of the sale overall, giving a hammer total of £371,000. Highlights include lot 169, a platinum diamond ring by Cartier, which sold to a private buyer for £28,000, and lot 266, a Burmese ruby and diamond cluster ring, which soared past its £5,000-£7,000 estimate to sell for £23,000.  The ultimate excitement came when the last lot of the jewellery section went under the hammer; bidding opened at £10,000 (top pre-sale estimate) for lot 372 a bracelet by Castellani, circa 1870 and 12 telephone lines battled it out before the hammer went down at £46,000. 

Sarah Hardy, Head of the Jewellery department at Tennants commented that “this sale had a greater than usual percentage of high value pieces, and with a larger offering of lots as well, I was eager to see how the market would react. I am really pleased that with the inclusion of the private collections, where the items have been in a family for generations, there was a real excitement and energy around the sale, which in this case certainly boosted the hammer total.  The trade especially love fresh to the market jewellery and we were seeing strong prices for rubies across the section which was encouraging, not least of all the Burmese ruby ring which sold for £23,000.”