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Cartier Necklace Smashes Estimate at Bonhams

Dec 8, 2019 4:57 AM   By Rapaport News
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RAPAPORT... An Art Deco aquamarine and diamond necklace by Cartier fetched more than triple its high estimate at Bonhams' London Jewels sale.

The Cartier piece, which is dated from 1940 and features 170 carats of aquamarines, sparked an international bidding war, selling for $601,213 against its $192,435 high valuation, the auction house said last week. 

Ten pieces of jewelry from the private collection of Barbara Taylor Bradford also crushed estimates. A radiant-cut, 11.30-carat, fancy-yellow, VS1-clarity diamond ring, flanked by demi-lune diamonds, sold for $126,136, more than double its estimate. Meanwhile, a pair of earrings by designer David Morris, each featuring five pear-shaped rose-cut diamonds, brought in $39,371, more than five times its presale valuation.

A rare private collection of 23 Art Deco clocks, 22 of which were designed by Cartier, also triggered a fierce bidding war, Bonhams said. The entire lot garnered GBP 1.2 million ($1.5 million), with a rock-crystal, gold, agate, enamel and diamond-set mystery clock, made in 1919, fetching the highest price of $789,804, more than double its high estimate.

Other notable items included an Ashoka-cut, 6.42-carat, D-color, internally flawless diamond solitaire ring by Boodles. That piece went for $425,720, beating its presale high valuation of $384,915, while a pair of natural-pearl and diamond earclips by Sterlé, made in 1950, received bids from buyers in 20 countries and sold for $352,051, more than four times its presale estimate.

Image: The Cartier aquamarine and diamond necklace. (Bonhams)
Tags: Art Deco aquamarine and diamond necklace, Barbara Taylor Bradford, bonhams, Boodles, Cartier, David Morris, London Jewels, Rapaport News, Sterlé
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