Pearl and Diamond Pendant Leads Sotheby’s Milan Auction

A natural pearl and diamond pendant was the top seller at the Fine Jewels & Watches sale Sotheby’s held in Milan, fetching EUR 288,000 ($311,479).  

The pendant, which is embellished with a natural-pearl drop and surmounted by tapered baguette-, baguette- and single-cut diamonds, brought in more than nine times its EUR 30,000 ($32,446) high estimate. 

Several items far exceeded presale estimates, with multiple pieces selling for well over double their high estimates, according to the company’s website. The October 24 sale, which achieved a total of EUR 5.3 million ($5.8 million), also included pieces from renowned jewelers such as Cartier, Van Cleef & Arpels, and Bulgari.  

Here are the top sellers from the auction:

Step-cut diamond ring, Sotheby’s image
This step-cut, 10.80-carat, I-color, VS1-clarity diamond ring sold for EUR 192,000 ($207,653), well above its EUR 90,000 ($97,357) upper price tag. 
Cartier’s wandering minute wristwatch, Sotheby’s image
Cartier’s limited-edition platinum jump hour and wandering minute wristwatch, designed to commemorate the jewelry house’s 150th anniversary, realized EUR 192,000 ($207,653), exceeding its EUR 50,000 ($54,088) high estimate.
Van Cleef & Arpels bracelet, Sotheby’s image
A Van Cleef & Arpels bracelet with brilliant- and circular-cut rubies and diamond and turquoise cabochon embellishments smashed its EUR 30,000 ($32,452) upper estimate to fetch EUR 156,000 ($168,728).
Onyx, coral and diamond diamond bangle bracelet, Sotheby’s image
This onyx, coral and diamond bangle bracelet went for EUR 132,000 ($142,770), more than doubling its EUR 50,000 ($54,088) high estimate.

Main image: The pearl and diamond pendant. (Sotheby’s)

Pearl and Diamond Pendant Leads Sotheby’s Milan Auction

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