Sotheby’s has announced a brand new addition to its annual sales calendar, with the first of its Geneva “Fine Jewels” auctions taking place tomorrow, 1 June. The sale offers a captivating selection of accessibly priced pieces from the world’s most important jewellery houses, including Cartier, Van Cleef & Arpels, and Bulgari, as well as creative contemporary designer Michele della Valle.
A yellow gold "Tubogas" watch by Bulgari is Lot 769 in Sotheby's new Fine Jewels sale in Geneva
Highlights of the sale include an Art Deco vanity case by Cartier from the 1930s. Estimated to sell in the region of USD 4,000-6,000 it comes with a handy mirror, two powder compartments and lipstick holder. Jewels by Van Cleef & Arpels are also on offer, with price estimates starting at US $3,000-5,000 for a pair of onyx and diamond ear clips, and reaching US $15,000-25,000 for a 1970s onyx and gold Alhambra necklace.
The 26.29-carat diamond ring for sale at Sotheby's London on 7 June has a fascinating story
The new Geneva sale is in addition to Sotheby's existing Fine Jewels auction at its New Bond Street saleroom in London. The next sale on 7 June features an exceptional diamond ring weighing a substantial 26.29 carats. The jewel boasts a fascinating story, as it was originally purchased by the owner for the equivalent of Dhs 50 at a second hand sale some 30 years ago – not bad considering the estimate is now US $320,000-450,000.
Jessica Wyndham, Head of Jewellery at Sotheby's London, describes the ring as "an amazing find"
Neither the original seller nor current owner had any idea it was a real diamond due to the old style of cutting, which can appear less sparkly than modern diamonds due to their deeper cuts. It was only after a jeweller suggested it could be of value that it was brought to Sotheby’s. Jessica Wyndham, Head of the London Jewellery department, says, “The owner would wear it out shopping, wear it day-to-day. It’s a good-looking ring, but it was bought as a costume jewel. No one had any idea it had any intrinsic value at all. They enjoyed it all this time."
Sotheby’s opened their Dubai office in DIFC earlier this year and host a comprehensive events program, including previews of jewellery highlights from upcoming international sales.