Christie's results: Paris Fine Jewels sale achieves a total of €4,6 million

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Christie's results: Paris Fine Jewels sale achieves a total of €4,6 million
Sapphire, diamond and ruby desk clock, Van Cleef & Arpels. Estimate : €40,000 - 80,000. Sold : €310,000. © Christie's Images Ltd 2020.

PARIS.- The Jewelry department achieved great results today which confirmed the strong interest for fine jewels including those coming from Place Vendôme. The top lot of the sale was a poetic sapphire, diamond and ruby desk clock by Van Cleef & Arpels coming from Jacqueline Kennedy Onassis’ personal collection and which sold for €310,000, almost 8 times its presale estimate, after a bidding battle between 5 telephone bidders. Collectors are continuously eager to acquire creations signed by the prestigious names such as Cartier with a beautiful diamond ring sold for €175,000 and a rare Art Déco emerald and diamond bracelet from Chaumet which sold for €92,500. Further highlights included a sapphire and diamond ring by Verdura which sold for €274,000 and an emeralds and diamonds necklace by Van Cleef & Arpels sold to buyer on Christie’s Live for €81,250, doubling its presale estimate.

Violaine d’Astorg and Mafalda Chenu, specialists of the sale: “We are thrilled with the great results achieved today. They prove that collectors are still eager to acquire beautiful pieces of jewelry such as the desk clock by Van Cleef & Arpels which sold €310,000 against a presale estimate of €40,000-80,000. This price proves once again the appetite of collectors for great provenance as this clock was coming from Jacky Kennedy’s personal collection! We were also pleased to see international buyers coming from 30 countries. Amongst all the sold lots, 39% were bought on the internet and 43% on the telephone. These statistics demonstrate Christie’s international’s reach and how our digital advancement is essential.”

French creators have again attracted jewel lovers as the sale presented several beautiful Art Déco cigarette cases by Paul Brandt. Together with the 4 pair of cufflinks, the personal collection of Paul Brandt achieved a total of € 139,500. The highest price achieved for one of them was €37,500 against a presale estimate of €15,000-20,000. A diamond ‘Deux Anneaux’ ring by Suzanne Belperron was also offered in the sale. Sold €106,250 to a buyer on Christie’s Live, the ring presale estimate was €20,000-30,000.

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