At Christie’s late spring London sale of jewelry on June 10, signed jewels set with good quality stones sold like hot cakes regardless of style or period.
A necklace made from oval gold links joined by diamond-set clasps and signed Cartier Paris excited bidders, who sent it climbing to $42,750, more than triple the estimate.
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LONDON — Some miracles have a way of going unnoticed. Gems and jewels have been doing brilliantly at auction for months, as if bidders had never been told that there is a recession. And yet this has not aroused much commentary.
Where aristocratic provenance could be established, jewels soared sky-high. A diadem and necklace made by Cartier in 1912 for Olga Princess Paley, Countess of Hohenfelsen, both doubled their high estimates. The diadem (described as an “aigrette tiara”) set with rose-cut diamonds and two aquamarines, brought $512,014.
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