HATFIELD, Pa. – The line saying that a diamond is a girl’s best friend, although cliché, was proven true when a stunning 2.22-carat round brilliant cut diamond solitaire ring set in 14K white gold sold for $13,800 at Alderfer Auction’s sale Aug. 12-13. Absentee and Internet live bidding was available through LiveAuctioneers.
The ring came to Alderfer’s as a man’s ring, in a heavy yellow gold setting with melee diamonds, a piece worthy of Tony Soprano’s finger. It took the market-driven know-how of Alderfer jewelry specialist Deb Peifer to see beyond the original setting to see what the diamond could become. With her guidance the diamond was certified by GIA and reset into a woman’s engagement setting. The ring was marketed as an engagement ring and caught the eye of a worthy suitor for $13,800.
That wasn’t the only piece of jewelry at the two-date auction that generated $700,000 in sales. A stunning Tiffany & Co. platinum aquamarine and diamond ring garnered a lot of attention selling for $9,600. Another Tiffany & Co. piece also performed up to its brand’s legacy, an 18K yellow gold nautical watch and chain necklace with compass and anchor charms sold for $3,600.
The hits didn’t stop there. The highest selling piece, a vintage Rolex Oyster Perpetual “Pepsi” GMT Master from the 1970s, went for $19,200. Also, an Oyster Perpetual Submariner sold for $15,600 and an Oyster Perpetual Explorer “Albino” sold for $14,400.
Jewelry wasn’t the only specialty stealing the show during the first day’s auction. Silver made its worth known in a monumental German jeweled and sterling silver “Knights and Ladies” chess set that sold for $12,000. Other noteworthy pieces were a Wang Hing Chinese export silver scalloped-edge bowl perched on dragons’ feet with songbird decorated panels that sold for $1,920 and a 106-piece set of International sterling silver flatware in the Empress Eugenie pattern that went for $4,200.
Day two of the Collector’s Auction Event kept the momentum going starting with an 1870s photo album containing 74 images of life in Hong Kong, Canton, China and areas of Japan. The piece sold for $9,000.
Alderfer Auction has maintained the distinction over the last 20 years as a reputable source of art by the Pennsylvania Impressionists, holding records for sales at auction for Walter E. Baum, George Sotter and others. This auction continued the tradition with a classic Sotter oil on board winter night scene titled Gloucester sold to the phones for $60,000 to a New York collector. The second of two Sotter paintings, both previously exhibited at the Michener Art Museum in Doylestown, Pa., Fishing Village by Moonlight, sold for $33,000 to a private collector in Bucks County.
Rounding out the Pennsylvania Impressionist art representation was another former Michener piece by artist Charles Hargens titled Washington Crossing, 1776. It sold for $7,200 to a local Historian and collector and an oil on canvas titled Spring by Walter E. Baum sold for $4,200. Laurence A. Campbell, a contemporary Philadelphia native Impressionist painter, was well represented with an oil on canvas titled Flower Garden in Carversville selling for $6,600.
Featured in this auction was the collection of Edward and Nancy Driscoll, a nationally known builder of some of the most iconic buildings in Philadelphia. Notable items from the collection included an impressive collection of Chinese Export porcelain. Kicking off the collection was a lotus dish and set of tea bowls selling online for $1,940 and $2,700. A pair of blanc de chine elephant candle holders sold for $1,500 and a pair of export garnitures for $1,020.
Brown furniture and rugs are looking up as a set of six Philadelphia late federal tiger maple side chairs that sold for $7,800. A Philadelphia shell carved walnut Chippendale side chair realized $7,200. Receiving many inquires a Chippendale secretary desk appointed with a fretwork broken arch pediment realized $5,100. A stunning French marquetry and ormolu mounted writing table sold for $10,200. Room-size Serapi carpets sold for $8,125 and $5,100.
For more information, contact Alderfer Auction at 215-393-3000.
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