Phillips Geneva Auction Rakes In $17M

The Vanderbilt sapphire and diamond brooch at Phillips auction image

A Tiffany and Co. brooch featuring the Vanderbilt sapphire stole the spotlight at the most recent Phillips auction in Geneva.

The piece, designed in the early 20th century, showcases a 42.68-carat sugarloaf Kashmir sapphire in an openwork scroll design and accented with old-cut diamonds. It surpassed its high estimate of CHF 1.2 million ($1.5 million) to bring in in CHF 2.9 million ($3.6 million) at the November 10 Geneva Jewels Auction: V, Phillips  said Monday.

In total, the auction garnered CHF 13.7 million ($17 million), as 85% of lots sold. The Vanderbilt family collection saw a sale rate of 100%, with some lots fetching way above their high estimates.

“The results of today’s sale attest to the enduring appeal of period jewels and the discerning eye of our international clients,” said Phillips worldwide head of jewelry Benoît Repellin. “To bring the jewels of the Vanderbilt family to the world’s stage was a moment of profound privilege. These treasures stand as the purest embodiment of Gilded Age elegance, and the response we have witnessed is a testament to the timeless power of exceptional jewels.”

Here are the rest of the top 10 lots:

A ring bearing an octagonal step-cut, 18.09-carat Kashmir sapphire with diamond shoulders at Phillips image
A ring bearing an octagonal step-cut, 18.09-carat Kashmir sapphire with diamond shoulders sold for CHF 2.3 million ($2.8 million), just above its high estimate.
This ring features a cushion-shaped, 10.08-carat, light-pink-brown Golconda diamond at Phillips image
This ring features a cushion-shaped, 10.08-carat, light-pink-brown Golconda diamond. It achieved CHF 709,500 ($882,915), beating its CHF 510,000 ($634,748) upper price.
A pair of stud earrings with brilliant-cut, D-color, VVS1-clarity diamonds weighing 8 and 8.82 carats at Phillips image
A pair of stud earrings with brilliant-cut, D-color, VVS1-clarity diamonds weighing 8 and 8.82 carats went on the block for CHF 670,800 ($834,200), within its presale range.
These Graff earrings with octagonal step-cut, fancy-yellow diamonds weighing 20.33 and 21.38 carats in baguette and brilliant-cut diamond surrounds at Phillips image
These Graff earrings with octagonal step-cut, fancy-yellow diamonds weighing 20.33 and 21.38 carats in baguette and brilliant-cut diamond surrounds exceeded their CHF 400,000 ($497,944) high estimate and brought in CHF 645,000 ($802,886).
A Cartier brooch, another piece from the Vanderbilt collection. It’s designed as a lily spray, with a pear-shaped, 4.55-carat diamond as well as circular- and rose-cut diamonds at Phillips image
A Cartier brooch, another piece from the Vanderbilt collection, almost quadrupled its top estimate of CHF 120,000 ($149,456) to go for CHF 451,500 ($562,271). It’s designed as a lily spray, with a pear-shaped, 4.55-carat diamond as well as circular- and rose-cut diamonds.
The auction house sold this ring bearing an oval, 20.08-carat Paraiba tourmaline center stone in a pear-shaped and brilliant-cut diamond surround at Phillips image
The auction house sold this ring bearing an oval, 20.08-carat Paraiba tourmaline center stone in a pear-shaped and brilliant-cut diamond surround. It fetched CHF 438,600 ($546,362), above its CHF 280,000 (348,779) high presale price.
A brilliant-cut, 13.02-carat, G, VVS2 diamond ring with single- and rose-cut diamonds on the shoulders at Phillips image
This brilliant-cut, 13.02-carat, G, VVS2 diamond ring with single- and rose-cut diamonds on the shoulders edged out its CHF 340,000 ($423,345) top estimate to grab CHF 374,100 ($465,804).
Van Cleef & Arpels designed this pendant in the 1920s. It sports a step-cut, 10.79-carat diamond and circular-cut and baguette diamonds at Phillips image
Van Cleef & Arpels designed this pendant in the 1920s. It sports a step-cut, 10.79-carat diamond and circular-cut and baguette diamonds. It beat its high price of CHF 240,000 ($298,832) and made CHF 335,400 ($417,620).  
A Bulgari Serpenti emerald and enamel belt, which can also be worn as a necklace, has a white enamel head and body, with pear-shaped emerald eyes at Phillips image
A Bulgari Serpenti emerald and enamel belt, which can also be worn as a necklace, passed its CHF 240,000 ($298,832) upper estimate to realize CHF 296,700 ($369,432). It has a white enamel head and body, with pear-shaped emerald eyes.

Main image: The Vanderbilt sapphire and diamond brooch. (Phillips)

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Phillips Geneva Auction Rakes In $17M

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