RESULTS -- Magnificent Jewels, Geneva, November 14 SOTHEBY’S GENEVA SALE OF MAGNIFICENT JEWELS TOTALS CHF 64,012,750 ($56,964,306) -- THE HIGHEST SALE TOTAL IN GENEVA SINCE 1995
exceptional provenance, was a ring from the collection of Countess Mona Bismarck. Set with a magnificent step-cut emerald weighing approximately 9.50 carats within a double frame of circular-cut diamonds, the ring was sold for CHF 289,000 ($257,178). In the Mona Bismarck sale at Sotheby’s in May 1986, it was sold for just CHF 143,000. Signed period pieces sold well tonight, with a particularly high price achieved for a Fine Diamond Bracelet by Van Cleef & Arpels, circa 1950, which sold for CHF 661,000 ($588,217), more than three times its low estimate of CHF 180,000.
There were bidders competing for the piece, the winning bid coming from an anonymous collector bidding on the telephone. Today’s sale brings the 2007 total for Magnificent Jewels sold at Sotheby’s Switzerland to CHF 124,067,830 ($106,019,622) – the highest total for annual sales of Jewellery in Switzerland since 1995.
NOTES TO EDITORS: A major sale of Magnificent Jewels is still to come in New York, highlighted by three lots of magnificent pearl jewels from the collection of Kelly and Calvin Klein – formerly in the collection of the Duke and Duchess of Windsor. The auction, to be held on December 4th, has a pre-sale estimate of in excess of $28 million.
Sotheby’s jewellery sale dates confirmed for the first half of 2008 are:
New York 6th February Important Jewels
17th April Magnificent Jewels
London
13th March Antique, Period and Contemporary Jewels (title to be confirmed)
2nd July Antique, Period and Contemporary Jewels (title to be confirmed)
Hong Kong
9th April Magnificent Jewels and Jadeite
Geneva
15th May Magnificent Jewels
Mr Ron Cohen, CEO of Clean Diamonds Inc. and the seller of the ‘Chloe Diamond’ is available for telephone interviews. He can be contacted via Sotheby’s Press Office. All Sotheby’s press releases are published online at www.sothebys.comIMAGES ARE AVAILABLE ON REQUEST
