Natural Pearls Sell High at Christie's
$1.6 million natural pearl necklace
$1.6 Million Natural Pearl Necklace Sold at Christies
It was natural pearls that stole the show at Christie’s London Important Jewels auction held Wednesday. Seven of the 10 best selling lots involved natural pearls. The top lot was a three-row natural pearl necklace measuring from 10.7 to 4.1mm that sold for more than $1.6 million (including buyers’ premium), double its pre-auction high estimate of $810,370.
A diamond and natural pearl brooch had the second highest price of the auction, fetching $663,829, smashing its pre-auction high estimate of $53,515. The 2.8cm-long drop shaped natural pearl is attached to a fluted cusp and single-stone diamond surmount.
Diamond and natural pearl brooch sold for $663,829.
“These results illustrate the continued strength in the market for natural pearls,” said Keith Penton, head of London Jewellery Department.
* A single-row natural pearl necklace measuring from 10.5 to 6.3mm that sold for $406,789;
* A single-row natural pearl necklace measuring approximately 10.0-4.7mm that sold for $296,629;
* Natural pearl earrings that sold for $269,089;
* Art Deco natural pearl and diamond ear clips by Cartier that sold for $241,549; and
* A natural pearl necklace measuring from 12.1 to 7.8mm that sold for $241,549.
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