Natural Pearls Sell Above Estimates

5 Strand Natural Pearl Necklace <BR>Photo credit: CHRISTIE'S IMAGES LTD. 2012

5 Strand Natural Pearl Necklace
Photo credit: CHRISTIE'S IMAGES LTD. 2012

Natural Pearls Sell Above Estimates


In addition to large diamonds, which always do well in this environment, sapphires were very popular as well as natural pearls, which appear to be making a comeback in the international luxury jewelry market.

A five-strand natural pearl necklace (left) sold for $1.67 million, more than double its high estimate of $800,000. A single-strand natural pearl and diamond necklace by Tiffany & Co., from the Huguette M. Clark estate, sold for $362,000, shattering the estimate of $20,000 to $30,000. Earlier in the day a single-strand natural pearl necklace sold for $266,500, also smashing the estimate of $20,000 – $30,000.

A 15.08-carat oval-cut F color IF diamond sold for $1.4 million.

A 15.58-carat rectangular-cut E color VS1 diamond sold for $1.3 million.

Source for natural pearls sell above estimates.

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