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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

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

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

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.- $37.7 million bowl sets Chinese ceramic auction record at Sotheby's Hong Kong

2.- Major new show at Picasso Museum focuses on pivotal year in Picasso's life and work

3.- 63 Dutch Masters return home to Holland for an exhibition at the Hermitage Amsterdam

4.- Exhibition reveals new insights into Renoir's celebrated "Luncheon of the Boating Party"

5.- Nazi-looted Pissarro painting at centre of legal tussle

6.- The Herbert F. Johnson Museum of Art presents 'Lines of Inquiry: Learning from Rembrandt's Etchings'

7.- Pristine Hermès Himalayan Gris Cendre Birkin bag sells for $112,500 at Heritage Auctions

8.- Tom Petty, heartland rocker with dark streak, dead at 66

9.- Exhibition presenting the art of Marcel Duchamp and Salvador Dalí opens in London

10.- Private collectors using online appraisal platform to get multiple estimates from top auction houses

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