On The Auction Block

The precious gemstones that transcend time – rubies, sapphires, emeralds and diamonds.

Once again, Bonhams New York and Los Angeles unveiled an exclusive preview of mesmerizing Burmese rubies, Kashmir sapphires, Colombian emeralds and a remarkable selection of diamonds at the Beverly Hills Waldorf Astoria.

Bonhams
Circa 1925 Diamond Charm Bracelet

This limited showing featured elaborate Maharaja inspired pieces by American jewelry designer David Webb. These wearable works of art are not only fashionable in their striking gemstone form, they are often times investment pieces, as well. Bonhams specialist appraised Art Deco (1920s to 1930s) and Belle Époque (1890 to 1915) pieces have increased a noteable 72 percent since 2007.

 

Bonhams Los Angeles gave prospective buyers the opportunity to obtain rare fine jewelry pieces on auction, along with exquisite pieces formerly owned by Belgium’s Prince Charles and Queen Elisabeth. These royal relics were put up for sale at the “California Jewels” event. Fine Jewelry collectors came together for Bonhams New Yorks’s fine jewelry sale on April 17. Senior jewelry specialist Caroline Morrissey, at Bonhams New York puts an emphasis on keeping an eye out for the gemstones.

 

The Bonhams New York sale was comprised of 133 lots including an assortment of colored stones, among them the gemstone du jour: the Burmese ruby. Accurately known as the king of gems, the Burmese ruby was reserved to only be worn by royalty. After a recent excavation in Myanmar, fine jewelry collectors rejoice as all those who celebrate their beauty can now acquire them. Cartier takes us back to a time of royalty elegance with an Art Deco Burmese ruby diamond bracelet. This delicately crafted piece consists of seven rows of awing ruby beads interspaced with stunning baguette cut diamonds is estimated at $80,000-$120,000.

Bonhams
Cartier Ruby and Diamond Bracelet

While diamonds are the first to cross a person’s mind when thinking of precious stones, it is a fact that “rubies are far rarer than colorless diamonds”, recognizable in their world record breaking selling price. “Given the international appetite for specimen rubies… we are anticipating keen interest in these pieces during our previews in New York, L.A., Geneva and Hong Kong”, said Morrissey. With that being said the diamonds take a second seat to none. There is an exquisite array of diamonds in the collection including a round brilliant-cut diamond solitaire ring that sold for US$ 492,500 at the April auction. With an impressive weight of 10.01 carats and VVS2 clarity, this precisous diamond will live on in the stoplight with a new master.

Bonhams
10.01 Diamond Solitaire Ring

Another diamond piece that speaks for itself is a circa 1925 Art Deco diamond charm bracelet the caught the eye of Bonhams Los Angeles experts. This rare piece is said to have belonged to an unknown Hollywood actress. And in true Hollywood fashion it is bound to make a statement with its 19 suspended diamond charms. With each charm telling the story of her glamorous life this piece offers a glimpse of history to cherish for many more years to come at a price tag of US$ 47,500.

 

 

[Source: OCRegister]

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