Some week for sapphires! Pendant sells for £11,000 at West Midlands auction…

Some week for sapphires! Pendant sells for £11,000 at West Midlands auction…

Monday, 20 July, 2020

Antique lovers were left stunned by the revelation on Sunday’s BBC Antiques Roadshow that a huge sapphire brooch - deemed worthless by jewellers – was actually worth a staggering £40-£50k. Just a few days later, in a Wolverhampton auction room, another sapphire – this time the star of a Victorian-style pendant set with diamonds – caused an online bidding war that saw the hammer fall at an impressive £11,000.

The piece went under the hammer at Cuttlestones’ Wolverhampton Auction Rooms on Wednesday, 15th July as part of a collection of jewellery consigned by a local vendor. Split into 44 lots, the collection went on to sell for a total in excess of £25,000.

Other standout pieces included Lot 99 – a Victorian diamond and guilloche enamel pendant, which sold for £1,150 and Lot 100 – another guilloche enamel pendant, this time featuring pearls as well as diamonds, that went for £480. Jewellery featuring portrait miniatures also performed well - with Lot 96 – a 19th Century 7-panel miniature portrait bracelet achieving £800 and Lot 129 – an oval portrait miniature of a lady set in a large yellow metal locket, which shattered its estimate of £60-100 when it sold for £480.

A rather more unusual piece was Lot 105 – a brooch featuring dark red carved central cabochon flanked by two serpents and gold outstretched wings. Thought to be of high carat, the piece sold for £650. Meanwhile, Lot 106 – an intricate Arts & Crafts style pendant set with six deep red cabochon stones on a suspension chain and with later brooch adaption, presented in an Omar Ramsden design handicraft cardboard box, saw the hammer fall at £400.

Proving beauty is in the eye of the beholder, other highlight lots were rather more simple in design. Lot 110 – a turquoise and old cut diamond brooch featuring 12 diamonds in unmarked yellow & white metal sold for £550; Lot 122, an unmarked yellow metal bangle set with a purple cabochon – possibly amethyst – fetched £140 and Lot 123, an unmarked yellow metal bangle set with a moonstone £130.  Elsewhere, Lot 135; a selection of costume and other jewellery – including a nice pair of clip-on earrings in a Hemming & Co. of London box – achieved £1,350.

The high hammer prices reflect the strong market across the board for Cuttlestones’ online sales, as MD and Head Auctioneer, Ben Gamble, explains:

“We’re blown away by the success of our online sales in general – and the sale of the sapphire brooch for £11,000 is the icing on the cake. There may be a bit of a knock-on effect from the Antiques Roadshow discovery, but the catalogue had generated strong interest before the show aired from a diverse range of bidders in the US and UK. We had a lot of interest from the London and Chester trade and even had a bidder from the South East book an appointment to view the sapphire pendant – they drove up the day before the sale. Put simply, now is a great time to sell!”

For a free, no obligation valuation of jewellery or other antiques and collectibles, email photos to valuations@cuttlestones.co.uk or send via WhatsApp to 07949 603872. A full sale calendar as well as catalogues for forthcoming sales can be found at www.cuttlestones.co.uk

 

Auction Dates

Antique & Interiors
Wednesday 27th January '21
Penkridge Auction Rooms
View Catalogue
Antique & Interiors
Wednesday 17th February '21
Wolverhampton Auction Rooms
Catalogue available 12th February
Specialist Collectors'
Friday 11th June '21
Wolverhampton Auction Rooms
Catalogue available 4th June
Spring Antique
Thursday 11th March '21
Penkridge Auction Rooms
Catalogue available 5th March
View all auction datesView sale results

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