New York Sale reaches to $52.2 Million in Sotheby’s Fine Jewelry Sales
New York Sale reaches a point of $52.2 Million in Sotheby’s 2015 Fine Jewelry Sales. The attracting point of the sale was 25.87 ct. sugarloaf Cabochon Kashmir sapphire and a diamond in the final fine jewelry sale for 2015 held at the auction house. The yearly proceeds of the auction house from its worldwide fine jewelry sales totaled $571 million.
The captivating jewelry sale that took place on 2015, December 9th at Sotheby’s New York was its final jewelry auction of the year. The auction collects the $52.2 million in sales and the yearly proceeds of the auction house from its worldwide fine jewelry sales correspond to$571 million. 25.87 ct. Sugarloaf Cabochon Kashmir sapphire and diamond ring grabbed the attention of the visitors and was sold for $5.1 million, more than its estimate of $4.5 million. The final jewelry auction sale set an auction record for price-per-carat, i.e., $197,990 per carat for a sugarloaf cabochon Kashmir sapphire. The second highest winning point was a Van Cleef & Arpels platinum and diamond Egyptian queen necklace commissioned by her in the year 1939. The Art Deco sunburst motif that is set with 217 cts. of diamonds sold for $4.3 million. Other than these two, valued gem jewelry was 38.27 ct. Emerald-Cut diamond ring sold for $4 million and Bulgari’s platinum and diamond brooch sold for $1.75 million exceeding its guesstimate of $700,000. Aside from these, Suzanne Belperron’s white gold, sapphire, and diamond cuff bracelets sold for $526,000 along with the Suzanne Belperron’s platinum, white gold, sapphire, and diamond and chalcedony necklace for $430,000.