The Online Jewellery sale at Fellows Auctioneers often produces some extraordinary results.
Some highlights from the July 2021 sale were from the luxury world-renowned jeweller, Tiffany & Co.
A beautiful bangle sold for over ten times its low estimate, for a hammer price of £1,300 against an estimate of £120 – £180. it was Lot 992 in the sale.
Lot 689 in the sale was A ‘Key’ pendant, which also fetched a great price against its estimate. With a pre-auction estimate of £100 – £150, the alluring piece sold for a hammer price of £500.
Eighteen items from the esteemed jeweller sold in the July Online jeewellery sale, of which most flew above their estimates. There was an average auction uplift of 131% on the items sold, and four lots achieved an uplift of over 100 per cent.
The total low estimate of the eighteen items stood at £3,390, whereby the eventual hammer price was £6,715. This conveys the high demand for the precious jewellery which went under the hammer at Fellows.
As bidders have become accustomed to online auction in recent years, desirable branded jewellery is continuing to see a rise in demand.
Lot 880 in the same sale was a pair of ‘Open Heart’ earrings, by Elsa Peretti for Tiffany & Co. It sold for a hammer price of £310 against an estimate of £100 – £150, so the lot received an abundance of bids.
A platinum ‘Milgrain’ band ring, by Tiffany & Co which sold for £240 against an estimate of £150 – £200.
The story of Tiffany & Co. began in 1837 on the streets of New York city, when two young gentleman, Charles Lewis Tiffany and John B Young, opened a small store, selling items such as trinkets and stationary.
Over the years they developed a name that has become renowned for dazzling jewellery. Particular milestones of note include the development of the Tiffany setting and the classic diamond solitaire ring, which we all recognise. There was also the famous on-screen debut of the flagship store in ‘Breakfast at Tiffany’s’, portraying the magnificence and desirability of the jewels.
Vintage designs by former designers such as Jean Schlumberger and Angela Cummings are now highly collectable. The company has had iconic collaborations with figures such as Elsa Peretti and Paloma Picasso – fashioning chic, modern jewellery for every occasion.
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