RAPAPORT… A rare necklace by French jeweler Boivin garnered more than 13 times its high estimate following a fevered bidding war at a recent Fellows auction.
The piece, which featured two rows of turquoise beads suspended from a line of rock-crystal beads, fetched GBP 40,832 ($51,574) at the May 26 jewelry sale in Birmingham, UK, blowing away its upper estimate of GBP 3,000 ($3,789). The result came after five minutes of heated bidding from clients on multiple telephone lines, the UK-based auction house said last week.
“When a piece has no obvious signature, it can be exceptionally difficult to track down the maker,” explained Ben Randall, senior specialist and catalogue manager at Fellows Auctioneers. “Dedicated research, style and a hearty dose of luck are necessary. I feel very fortunate that we were able to discover the designer of this necklace. There are certain names that you hope to come across with Art Deco jewelry, and René Boivin is toward the top of a short list. The quality in this necklace really shone through to give a great result.”
Image: The Boivin necklace. (Fellows)
Boivin Necklace Crushes Estimate at Fellows
The Bottom Line
- The Boivin necklace featuring turquoise and rock-crystal beads sold for GBP 40,832 ($51,574), surpassing its high estimate of GBP 3,000 ($3,789).
- The sale followed a five-minute bidding war involving multiple telephone bidders at the May 26 auction.
- Fellows specialists identified the piece through dedicated research, highlighting René Boivin as a top Art Deco designer.
More Stories
Rapaport Intelligence Report: What the Industry’s CEOs Earn
Executive compensation in the diamond and jewelry sector tends to track the market’s health – but the global situation is complex.
Mastercard: US Holiday Shopping Growth to Reach Four-Year High
Sales likely to rise 6% this season.
Sotheby’s Fine Jewelry Auction Garners $7.5M
44.90-carat sapphire pendant fetches $228,400 in Hong Kong, more than double its high estimate.
