SOTHEBY’S DECEMBER 2007 SALE OF MAGNIFICENT JEWELS TOTALS A RECORD $49,827,926 Applause filled Sotheby’s salesroom tonight as the hammer fell on the final session of the auction of Magnificent Jewels, which achieved an outstanding total of $49,827,926.
this evening’s session. Dating from 1923, an Egyptian-Revival Jeweled Fan Brooch, Cartier, London (lot 273, est. $150,000/200,000) was desired by at least three different bidders, selling for $601,000, more than triple the high estimate, and the Art Deco Emerald, Sapphire and Diamond Belt Brooch, Cartier, Paris, 1922 (lot 352, est. $700,000/1 million) achieved $813,800.
Other highlights from the sale included an important group of antique and period pieces from the Collection of Charlotte Ford including an exquisite Ruby and Diamond Bracelet, Cartier, 1935, featuring two Burmese rubies weighing 8.03 and 12.97 carats, which fetched a remarkable $1,553,000, more than three times the high estimate (lot 293, est. $400,000/500,000). Pieces from the esteemed Collection of Mr. Gordon Getty, which brought a total of $1,393,000, were led by an Amethyst and Diamond Necklace, circa 1900, previously in the collection of Queen Alexandra, which brought $115,000 (lot 348, est. $50,000/70,000). Today’s sale also included a selection of works