RAPAPORT... Auction house Skinner Inc. grossed $2.8 million, including buyer's premium, for its fine jewelry sale on June 12. Colored stones, Art Deco pieces, diamonds, and natural pearls were especially strong performers, according to the firm.
Highlights of the sale included an Art Deco diamond pendant necklace by Cartier, which sold for $325,000 and featured a 7.93-carat, F, VS1, pear-shaped diamond and a 3.92-carat diamond ring (pictured) by Tiffany & Co., which sold for $142,200. An antique Kashmir sapphire and diamond ring, set with a cabochon sapphire weighing 9.92 carats, with no evidence of heat treatment, fetched $189,600, surpassing its presale high estimate of $50,000.
Skinner will hold its next fine jewelry auction on September 11, in Boston.