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Sotheby's Geneva Presents Jewels From the Mavrommatis Collection

Sep 30, 2014 11:37 AM   By Jeff Miller
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RAPAPORT... Sotheby’s Geneva will hold a landmark single-owner sale of important jewels from the collection of Dimitri Mavrommatis on November 12. The collection includes rare precious stones and avant-garde jewelry designs that are estimated to bring more than $20 million.  

Leading the sale is the exceptionally important 8.62-carat, cushion-shaped “Graff Ruby” ring (pictured), which possesses the rare vivid red hue known as pigeon’s blood, according to the Swiss Gemmological Institute (SSEF), and is also of outstanding purity and superb brilliance. The ring carries a presale estimate of $6.8 million to $9ruby ring million.  

A second exceptional piece is a 27.54-carat, velvety-blue Kashmir sapphire ring with a presale estimate of $3 million to $6 million. Spectacular jewels by JAR include a pair of superb sapphire, ruby and diamond earrings (pictured below), each of circular form, pavé-set with sapphires and featuring a stylized cage -– one set with a ruby, the other with a diamond. The earrings are estimated to sell in the range of $400,000 to $700,000.

A fine diamond brooch of floral design by Graff that depicts a flower head set en tremblant, features a 3.31-carat, brilliant-cut diamond and is expected to achieve a price of between $100,000 and $150,000.

David Bennett, the chairman of Sotheby’s jewelry division for Europe and the Middle East, said, “This outstanding collection presents exquisite gemstones, such as the sensational Graff Ruby, alongside stunning jewelry creations by JAR. It is a testament to Dimitri Mavrommatis’ discerning eye and impeccable taste and presents a rare opportunity to acquire gems and jewels of exceptional quality.’’

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Tags: auction, diamonds, Graff, JAR, Jeff Miller, jewels, rings, ruby, Sotheby's Geneva
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