Sotheby’s Australia to host its debut stand alone jewellery sale

The following article is published courtesy of Diamond World

A red diamond will feature in the sale for the first time in Australia

Sotheby’s Australia will be hosting its first stand alone jewellery sale with over 250 lots of antique and contemporary jewellery (estimate: $3,820,000 – 5,128,000). This will also be the first time that a red diamond is being offered for public auction in Australia. The jewel made with the red diamonds, is a fancy purplish red Argyle diamond ring (estimate $700,000-1,000,000), which is the highlight of the sale. It is accompanied by a letter from Argyle Diamonds attesting to the diamond’s rarity. The oval diamond of fancy purplish red colour weighing 0.82 carat is claw set between a pair of fancy blue diamonds in a round brilliant cut diamond surround, mounted in platinum.

The sale offers jewels by the likes of Cartier, Bvlgari and Tiffany & Co, Paspaley South Sea pearls, GIA certified white, yellow and pink solitaire diamonds, and prestigious watches by Rolex and Cartier. Also, the sale offers other superb examples of natural colors found in nature, from warm yellow and pink, to cool green and blue, seen in jewellery like a double strand of graduated emerald beads appx. 176 carats highlighted with diamond set rondelles (estimate – $10,500-12,500), and a sapphire and diamond ring (estimate – $25,000-35,000), an emerald and diamond ring, the emerald weighing 5.52 carats (estimate – $70,000-90,000).

The cover lot of the sale is a diamond ring (estimate: $340,000-420,000) in which the heart-shaped diamond weighing 10.07 carats is claw set above round brilliant cut diamond set shoulders and a diamond set gallery, mounted in platinum. From the Signature Diamond Collection, is the Vertu ‘pink diamond signature’ mobile phone (estimate: $30,000-50,000) hand made, pavé set with fancy pink and white diamonds, pink sapphires and rubies with 18ct rose gold.

Also, featured in the sale are watches for ladies and gentlemen, from brands such as Rolex, Piaget, Cartier, IWC and Breitling. A selection of these (include three Rolex ‘Datejust’ wristwatches (estimate – $9,000-12,000; estimate- $4,200-5,200, estimate -$4,600-5,600) and a Piaget ‘Polo’ wristwatch, circa 1999 (estimate- $4,000-6,000).

The sale will be exhibited in both Melbourne and Sydney. The auction is slated for 12 April, and viewing will be held in Melbourne on 7 April, and in Sydney on 10 April.

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