Anton Horvat platinum, sapphire and diamond brooch soars to $108,000 at Nadeau's New Year's Day sale A stunning Anton Horvat platinum, sapphire and diamond brooch with a cushion-cut, 6-carat blue sapphire sailed past the pre-sale estimate of $4,000-$6,000 to gavel for $108,000 at Nadeau’s Auction.
News-Antique.com - Jan 12,2014 - (WINDSOR, Conn.) – A stunning Anton Horvat platinum, sapphire and diamond brooch having at its center a cushion-cut, 6-carat blue sapphire sailed past the pre-sale estimate of $4,000-$6,000 to gavel for $108,000 at Nadeau’s Auction Gallery’s annual New Year’s Day Auction. The event was held Jan. 1 in the firm’s gallery, located at 25 Meadow Road in Windsor.
“Quite simply, this was our best auction ever, in terms of the overall quality of the merchandise, which was spectacular, and the total gross, which landed at right around $1.33 million,” said Ed Nadeau, owner of Nadeau’s Auction Gallery. “Bidding was spirited in the room, on the phones and over the internet, many left bids were submitted and it was just a great sale. Many, if not most, of the lots ended up selling for far more than even their high estimates.”
Online, the auction had a little fewer than 2,000 registered bidders, participating through Invaluable.com (formerly Artfact.com). Those bidders submitted 2,026 bids, from 49 countries. Left bidders, phone bidders and bidders in the auction gallery accounted for 595 registered bidders, with a total of 1,062 left and phone bids placed. In all, 2,537 bidders placed 3,088 bids.
The sapphire and diamond brooch was the top lot of the 600+-lot auction, proving that fine estate jewelry will trump even John James Audubon bird prints from the 19th century, a first-edition copy of Herman Melville’s novel Moby Dick from 1851, a full set of 25 books by Mark Twain signed by the author, and palace-size Persian rugs, all of which were also in the auction.
The Anton Horvat brooch proved to be irresistible to bidders, who were drawn to its massive and beautiful center sapphire stone as well as its filigree mounting set with 98 diamonds. The diamonds surrounding the sapphire were set in a filigree undercarriage on each shoulder of the brooch, with two additional sapphires on either side. Included was the original Horvat box.
Following are additional highlights from the auction. All prices quoted include a 17 percent buyer’s premium.
The second top lot of the sale wasn’t even one of the abovementioned items. It was a 1620 manuscript of the Persian Shah Nameh (or Book of Kings), a long epic poem written by the Persian poet Firdausi, sometime between 977 and 1010 A.D. Once word of the manuscript’s availability reached the Middle East, internet bidding reached fever pitch. It sold for $78,000, finishing well ahead of its pre-sale estimate of $4,000-$6,000.
The Shah Nameh is the national epic poem of Iran (Persia) and the Persian-speaking world. It contains some 50,000 verses, telling the mythical and historical past of the Persian Empire. It is of central importance to Persian culture, even today, and is regarded as a literary masterpiece. Adding to the manuscript’s allure were its 33 beautiful, hand-eliminated plates.
The first-edition copy of Melville’s Moby Dick (or The Whale) was published in New York in 1851 by Harper and Brothers. It sold for $30,750, against a pre-sale estimate of $4,000-$8,000.