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A diamond tie necklace by Van Cleef & Arpels was the star of a recent Sotheby’s New York jewellery sale. | Source: Sotheby's
A diamond tie necklace by Van Cleef & Arpels was the star of a recent Sotheby’s New York jewellery sale. | Source: Sotheby's

Rare jewellery and watches shine at auction

A diamond tie necklace by Van Cleef & Arpels was the star of a recent Sotheby’s New York jewellery sale.

The necklace — consisting of graduated links with cut diamonds and a rotating tassel — was the top-selling item at the 7 June Magnificent Jewels sale, collecting $USD3.6 million ($AUD5.45 million).

An Egyptian-style bracelet designed in France in the 1920s featuring diamonds, rubies, sapphires, emeralds and black onyx also surpassed its pre-sale estimate.

The central panel depicts the figure of Isis, with Horus falcons and papyrus reeds on the flanking panels. The bracelet fetched $USD1 million ($AUD1.51 million), tripling its estimated return.

The Magnificent Jewels sale returned $USD30 million ($AUD45.43 million).

Around the world

A rare 1953 Patek Philippe watch - one of only three ever made - recently sold for $USD8.42 million ($AUD12.72 million) at Christie's in Hong Kong.

The 18-carat yellow gold two-crown Patek Philippe World Time, reference 2523J, was the highlight of the Important Watches sale.

Only 12 watches of that reference were made with enamel maps - six of North America, three of South America and three of Eurasia.

A platinum and gold Cartier 'India' tutti frutti necklace was sold for $USD8.7 million ($AUD13.18 million) at Christie's in Hong Kong.

It was the leading item of the Magnificent Jewels sale, which realised a total of $USD61 million ($AUD92.39 million).

The necklace, made of carved rubies, emeralds, sapphires, and diamonds, was signed by Cartier and had the maker's mark and number.

 

auction action

Egyptian-style bracelet designed in France in the 1920s featuring diamonds, rubies, sapphires, emeralds and black onyx
Egyptian-style bracelet designed in France in the 1920s featuring diamonds, rubies, sapphires, emeralds and black onyx

18-carat yellow gold two-crown Patek Philippe World Time, reference 2523J | Source: Christie
18-carat yellow gold two-crown Patek Philippe World Time, reference 2523J | Source: Christie's

A platinum and gold Cartier
A platinum and gold Cartier 'India' tutti frutti necklace | Source: Cartier

 

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