Diamonds, designers shine in Rago’s $1.7M jewelry auctions 

diamonds

Gem-set yellow gold crown from the collection of jewelry designer Andrew Long Fritz. Price realized: $28,750. Rago Arts and Auction Center image

LAMBERTVILLE, N.J. – Rago’s Fine and Unreserved Jewelry Auctions on June 7 & 9 achieved total sales of $1.7 million across two sessions and 1,134 lots. Absentee and Internet live bidding was available through LiveAuctioneers.

The honor of top lot was shared by two pieces that each achieved $46,875: a Harry Winston sapphire and diamond platinum ring (below) featuring a 5.11 carat Ceylon sapphire and a Georgian rose-cut diamond button ring, the central diamond of which once belonged to the last Emperor of Mexico, Maximilian I.

diamonds

Harry Winston sapphire (5.11 carats) and diamond platinum ring. Price realized: $46,875. Rago Arts and Auction Center image

Designs featuring substantial diamonds also performed admirably in the sale including: lot 1096, a 4.89 carat diamond Art Deco engagement ring (below) retailed by J.E. Caldwell with its original box which sold for $43,750; lot 1545, an unmounted 5.12 carat square step-cut diamond which achieved $40,625; lot 1546, a 3.59 carat emerald-cut diamond engagement ring, which exceeded the high estimate of $18,000 to sell for $23,750; and lot 1523, a pair of fancy yellow diamond earrings, 3.99 carats total weight throughout, which sold for $18,750.

diamonds

Art Deco diamond engagement ring, 4.89 carats, circa 1920. Price realized: $43,750. Rago Arts and Auction Center image

A custom-made gem-set yellow gold crown with four fleur-de-lis points and varied cuts of citrine, quartz, amethyst, tourmaline, peridot, garnet, ruby, freshwater cultured or baroque pearls and round brilliant cut diamonds sold for $28,750.

diamonds

Georgian rose-cut diamond button ring, approximately 1.20 carats total weight. The rose-cut diamond was once among a set of diamond buttons owned by Emperor Maximilian I of Mexico, who was overthrown and executed in 1867. Price realized: $46,875. Rago Arts and Auction Center image

The top wristwatch in the auctions was a yellow gold Rolex “Stella” Oyster Perpetual Day-Date Chronometer that realized $22,500.

diamonds

Rolex 18K gold ‘Stella’ Oyster Perpetual Chronometer, 27-jewel automatic movement, President bracelet. Price realized: $22,500. Rago Arts and Auction Center image

Other highlights from the sale included: lot 1190, lot 1380, a Bulgari rubellite tourmaline, peridot and pearl collar necklace in 18K gold, which sold for $20,000; and lot 1001, a Tiffany & Co. Aesthetic Movement mixed metal dragonfly brooch, which flew past the high estimate of $5,000 to achieve $16,250.