Cartier Bracelet Soars Past Estimate at Sotheby’s

Sothebys Geneva Saphhire and Diamond Bracelet

A sapphire and diamond bracelet fetched more than double its high estimate at Sotheby’s Geneva auction, selling to a female Asian collector after a bidding war.

The piece contains a 47.07-carat, royal-blue Burmese sapphire center stone with high clarity, cut in a cabochon shape and flanked by two pear-shaped white diamonds weighing 9.27 carats and 8.60 carats. Created by Cartier in 1927, the bracelet fetched $6.1 million against a high estimate of $3 million, and earned one of the highest prices at auction for an Art Deco bracelet.

In total, the Magnificent Jewels and Noble Jewels sale on Wednesday brought in $53.9 million, with 80% of lots sold, more than half of which exceeded their estimates.

“With its sensational ‘sugar loaf’ Burmese sapphire and powerful geometric design, the Cartier bracelet that led tonight’s sale was a true masterpiece, among the most important Art Deco pieces we’ve ever handled,” said David Bennett, worldwide chairman of Sotheby’s jewelry division.

The bracelet spearheaded a strong showing for Art Deco pieces, which achieved a combined $9.6 million at the sale, against a high estimate of $6 million, Sotheby’s noted.

A 6.03-carat, fancy-intense-purple-pink diamond pendant estimated at $2.5 million to $3.5 million garnered $3.4 million, while a diamond pendant weighing 78.29 carats went for $2.9 million, beating its $2.8 million high estimate.

A set of diamond jewels by Moussaieff, including a necklace, earrings and a bracelet, brought in $2.7 million. The collection was estimated at $2 million to $4 million.

Other notable items, many of which sold for well above their estimates, included a sapphire and diamond necklace set with a 14.97-carat Kashmir sapphire. The piece, dated 1890, fetched $1.4 million against its upper estimate of $800,000, while an emerald and diamond pendant-brooch combination, created by Cartier in 1927, garnered $1.1 million, smashing its $250,000 high estimate.

Meanwhile, Sotheby’s sold 93% of the jewels on offer from an Asian-American private collection, fetching a total of $12.7 million, against a high estimate of $8.9 million, the auction house said. The sale noted strong activity from Asian collectors, approximately half of whom were female buyers, more than double the number of women purchasers five years ago, Sotheby’s added.


Meghan Markle Accessorizes Her Wedding Dress with Cartier Diamonds

Meghan Markle

Meghan Markle’s engagement ring may be the pièce de résistance of her royal wedding jewelry but the rest of her accessories require notice.

The diamond bandeau tiara, made from diamonds and platinum, was made in 1932, with the centre brooch dating back to 1893.

The bandeau is formed as a flexible band of eleven sections, pierced with interlaced ovals and pavé set with large and small brilliant diamonds. The centre is set with a detachable brooch of 10 brilliant diamonds.

To complement her beautiful tiara, Markle kept the rest of her jewelry simple, opting for a pair of diamond stud earrings and a stunning bracelet.

No necklace here the Duchess kept the boatneck of her wedding gown clean and modern.

Markle is also wearing Galanterie de Cartier earrings  and Reflection de Cartier bracelet made by French jeweller Cartier.