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650+ jewels total $29.7 million at Sotheby's New York
18 Karat Gold, Platinum, Mystery-Set Ruby and Diamond Brooch, Van Cleef & Arpels, France. Designed as three overlapping leaves, with mystery set rubies weighing approximately 40.00 carats, accented with stems set with variously-cut diamonds, signed Van Cleef & Arpels, numbered 43.375, with French assay and partial maker's mark; circa 1937. Est. $150/200,000. Photo: Sotheby's.

NEW YORK, NY.- A combination of jewels and important stones emerging from the collections of Marjorie S. Fisher, Betsey Cushing Whitney & John Hay Whitney, Mr. & Mrs. Lichtblau and more drove Sotheby’s New York sales of Magnificent Jewels and Fine Jewels to achieve a combined $29.7 million. Over the last two days, Sotheby’s sold more than 650 pieces of jewelry, with a very strong overall sell-through rate of 84.1% by lot. Our worldwide Jewelry auctions in 2016 have now crossed $500 million in sales, with our Fine Jewels auction in London and The Wish List: Jewellery, Watches and Accessories online-only sale remaining this month. Below is a look at the exceptional pieces that drove our sales this week and throughout the year.

Over 300 jewels from the collection of celebrated philanthropist Mrs. Marjorie S. Fisher were offered throughout the two sales, realizing an outstanding $10.6 million against a high estimate of $9.6 million. Mrs. Fisher’s collection was led by an Important 18.04 Carat, D Color Diamond Ring, which sold for $1,842,500 after intense competition between five bidders on the telephone and in the room (estimate $1.25/1.75 million). Mrs. Fisher’s signed jewels were led by a sophisticated Mystery-Set Ruby and Diamond Brooch by Van Cleef & Arpels, which realized $342,500 – well above its high estimate of $200,000. Mrs. Fisher’s encyclopedic collection spanning more than 150 years of jewelry history was sought by a global pool of bidders, achieving a very strong sell-through rate of 92.1%. Additional jewels, paintings and decorative arts from Mrs. Fisher’s collection will be offered throughout 2017.

The Magnificent Jewels sale offered 63 lots from the Family of Betsey Cushing Whitney and John Hay Whitney that represented decades of innovative design from some of the most sought-after jewelers, including Van Cleef & Arpels, Cartier, Verdura and Bulgari. More than doubling its high estimate, the collection realized $2.3 million. Worn by Mrs. Cushing Whitney on numerous occasions, the Coral, Amethyst, Turquoise and Diamond Necklace by Van Cleef & Arpels, France led the group, climbing to $168,750 – nearly three times its high estimate. The collection offered 18 iconic designs by Verdura, including an Amethyst and Diamond 'Wrapped Heart' Brooch, which sold for $50,000.

Property of a New York Collector
A Rare Platinum, Colored Stone and Diamond 'Tutti Frutti' Bracelet, Cartier, London
Sold for $936,500 (estimate: $700/900,000)

The epitome of Eastern influences on Art Deco designs, Tutti Frutti pieces by Cartier are jeweled masterpieces. The artful arrangement of carved colored stones and diamonds tells a story that only Cartier could author. The designs have long enchanted jewelry connoisseurs, and this bracelet was no exception.

Property from the Lichtblau Collection
Pair of Platinum, Jadeite and Diamond Earclips, Cartier, London
Sold for $312,500 (Estimate $100/150,000)

The sale offered an assemblage of jewels from the collection of George and Anne Lichtblau, featuring a strong selection of Oscar Heyman, David Webb and Cartier. The group was led by Platinum, Mystery-Set Ruby and Diamond Bracelet by Van Cleef & Arpels which sold nearly doubled its high estimate realizing $348,500. The Lichtblau collection also offered an elegant part of Cartier earrings which featured two carved jadeite plaques suspended from numerous diamonds which soared above there estimate ultimately selling for $312,500.

World Record Total for Any Jewelry Auction – Sotheby’s Geneva, May 2016
US$175.1 Million / CHF 171 Million / HK$1.33 Billion

De Beers Millennium Blue Jewel 4
Sold for US$31.8 Million / CHF 31.7 Million / HD$248.3 Million
World Record for Any Jewel Sold at Auction in Asia

The ‘Unique Pink’ Diamond
Sold for US$31.6 Million / CHF 30.8 Million / HK$246.5 Million
World Auction Record for a Fancy Vivid Pink Diamond

The Sky Blue Diamond
Sold for US$17.1 Million / CHF 17.1 Million / HK$133.4 Million

Fancy Intense Blue Diamond Brooch Alexandre Reza
Sold for US$13.7 Million / CHF 13.4 Million / HK$106.9 Million
World Auction Record for a Jewel by Alexandre Reza

Additional Diamond Records

• World Auction Record for a Fancy Deep Blue Diamond
• World Auction Record for a Fancy Light Blue Diamond
• World Auction Record for a Fancy Pink Diamond
• World Auction Record for a Fancy Light Pink Diamond
• World Auction Record Price per Carat for a Fancy Purplish Pink Diamond

Today's News

December 10, 2016

Het Noordbrabants Museum acquires exceptional watercolour by Vincent van Gogh

Earliest watercolour of Henry VIII's Nonsuch palace by Joris Hoefnagel saved for the nation

Survey of sculptures and drawings by Ken Price on view at Hauser & Wirth London

Modern Italian glass from the Martin Cohen Collection on view at Sotheby's New York

ICE and CBP return cultural artifacts to Italy

Portland Museum of Art announces historic gift

Largest-ever donation to catalyze North Building revitalization

Hirshhorn Museum and Sculpture Garden unveils Yayoi Kusama's giant "Pumpkin" for holiday season

The Pennsylvania Academy of the Fine Arts announces 140+ additions to permanent collection

First US museum exhibition of Egyptian artist Basim Magdy opens in Chicago

Anne Marion steps down after establishing & leading the Georgia O'Keeffe Museum for nearly 20 years

Peabody Essex Museum breaks ground on new 40,000 square-foot wing designed by Ennead Architects

Reynolda House names Katie Womack Assistant Director of Collections Management

650+ jewels total $29.7 million at Sotheby's New York

Sous Les Etoiles Gallery opens a group show showcasing the work of photographers

The world's first issued banknote and the One Week Onlys offered in Spink's Banknote Auction in New York

Leandro Erlich wins 2017 Roy R. Neuberger Exhibition Prize

India's colonial-era opera house restored to past glory

'Robocop' filmmaker Verhoeven to head Berlin film fest jury

Japan swinging into 2017 with Trumped-up good luck charm

New film explores Russian society through dashcams

World class art collection at Grove at Grand Bay features work by important contemporary artists

Grace Kook-Anderson appointed Curator of Northwest Art

The Berlin Wall: Tracking the remnant from the Wedding District to the Oberbaum Bridge

Most Popular Last Seven Days

1.- Boy and an amateur archaeologist unearth legendary Danish king's trove in Germany

2.- Exhibition at The Met illustrates what visitors encountered at The palace of Versailles

3.- Philadelphia Museum of Art opens "Modern Times: American Art 1910-1950"

4.- Exhibition at Michael Hoppen Gallery presents a cross-section of works from Thomas Mailaender's career

5.- New York's Chelsea Hotel celebrity door auction raises $400,000

6.- Stevie Ray Vaughan's first guitar drives Entertainment & Music Memorabilia Auction to nearly $2.9 million

7.- Lichtenstein's Nude with Blue Hair tops $2.4 million sale of Modern & Contemporary Prints & Multiples

8.- $6.7 million Fancy Intense Blue Diamond sets auction record at Sotheby's New York

9.- Mexico court blocks sales of controversial Frida Kahlo Barbie doll

10.- Dutch museums to conduct new research on the paintings of Pieter de Hooch

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