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28-Piece JAR Jewelry Collection Sells Out at Christie’s

May 18, 2023  |  Leah Meirovich

The largest private collection of jewels by designer JAR to be offered at auction raked in $6.7 million at Christie’s Geneva Wednesday.

The top lot of the 28-piece group was a sapphire, spinel and diamond Eye bangle, which pulled in $956,965, more than three times its high estimate, Christie’s said. In total, the Magnificent Jewels auction achieved $45.8 million, with 94% of items finding buyers.

“The Magnificent Jewels sale…reflects the demand for spectacular jewels and colored gemstones, demonstrating the strength of the jewelry market amongst collectors around the world,” said Max Fawcett, head of jewelry for Christie’s in Geneva.

Some 11 lots realized more than $1 million, Christie’s noted. The auction featured jewels from Chaumet, Harry Winston, and other well-known designers and saw participation from bidders in 29 countries. Of those, 38% were located in the Americas, 34% in the Europe, Middle East and Africa region, and 28% in Asia Pacific.

Here are four of the other most valuable items:

A Chaumet ring centering an oval-shaped, 13.07-carat Burmese ruby, surrounded by pear-shaped diamonds, brought in $5.3 million, more than six times its upper price tag.
This cushion-shaped, 28.55-carat Kashmir sapphire ring, called the Royal Blue, also features kite-shaped diamonds. It sold for $3.7 million, above its high estimate.
Known as the Star of Egypt, this unmounted cut-cornered rectangular step-cut, 105.52-carat, L-color, VS2-clarity diamond fetched $3 million, within its range.
A pair of earrings by Harry Winston, with oval-shaped sapphire pendants weighing 52.08 and 51.26 carats hanging from marquise and pear-shaped diamonds, garnered $2.7 million, surpassing its high estimate.

Image: The JAR Eye bangle. (Christie’s)


28-Piece JAR Jewelry Collection Sells Out at Christie’s

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