NEW HAMBURG, Canada – A platinum diamond ring featuring a 9.22-carat center stone slipped onto a new finger for $70,800, and a circa-1991 Rolex Submariner watch with a solid 18K gold case and bracelet brought $43,660 in an online-only Watches & Jewels auction held June 11 by Miller & Miller Auctions, Ltd. It contained 191 lots and posted an overall gross of $381,287. Prices quoted in this report are in Canadian dollars.
The diamond ring boasted VS2 clarity and M color, and was accompanied by a certificate of appraisal from Gem Scan of Toronto. It sold within estimate, as did the Rolex Submariner, which had an Oyster bracelet and 40mm case. They were the size one would expect from a Submariner, but with the added weight and feel of gold on the wrist, the watch’s presence was even more impressive.
One of the surprise strong performers of the sale was a 1960 Enicar Sherpa Graph Mark 1A Swiss chronograph with a stainless-steel case and band and featuring gladius hands, utilizing the iconic Valjoux 72 chronograph movement. The wristwatch was expected to bring $7,000-$10,000, but it more than doubled its high estimate when it finished at $22,420.
Rolex watches, a time-tested hit with collectors and fashion-conscious watch-wearers alike, dominated the list of top lots. Standouts included a circa-2001 Rolex Datejust Pearlmaster (Ref. 80319), featuring a 29mm 18K white gold case with a colorful factory blue diamond dial and domed diamond bezel, which realized $22,420.
Two other Rolex Submariners found new homes as well. A Rolex Submariner (Ref. 16613), with an 18K gold and stainless steel band and 40mm case, two-tone oyster band, box, pamphlets and hang tag earned $18,880, while a circa-1970 Rolex Submariner (Ref. 5513), 40mm, with box and original warranty card attained $17,110.
A 1960s-era Patek Philippe Calatrava watch (Ref. 3542), 18K gold with a crocodile strap, blew past its $6,000 high estimate to finish at $11,800. Also, a circa-1980 Piaget C701 Polo watch (Ref. 15661), featuring a solid 18K gold case and bracelet and powered by a quartz movement (which, for its time, was the pinnacle of luxury), changed hands for $11,210.
A Cartier rose and white gold hand-assembled bangle bracelet with a fold-over clasp and a bright polish finish, professionally modified to include cross-intersecting bands of diamonds set in white gold, was offered without reserve and went for $7,080. The cross love bracelet contained a total of 140 bead set round brilliant cut diamonds weighing 1.14 carats in total.
Completing the highlights was an Alfred Lugrin 14K gold minute repeating triple date chronograph dating to the 1890s, which went to a determined bidder for $6,490.
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The current rate of exchange is dollar CA 1 = 76 cents.
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