Marge Schott necklace hits home run for Cowan’s at $192,000
Fine jewelry and timepieces by renowned designers and makers such as Tiffany & Co., Patek Philippe and Cartier were offered in the auction, and a selection of five pieces owned by the late Marge Schott, longtime owner of the Cincinnati Reds, hammered down for just over $315,000.
The sale’s top selling lot was a 28-carat platinum and diamond necklace made for Schott. Two bidders battled back and forth on the phone and Internet for the piece, and eventually the necklace sold to a phone bidder for $192,000, more than doubling its estimate of $65,000-$85,000.
Other fine jewelry from Schott achieved great results in the auction. Competing bids between the floor and Internet drove Schott’s platinum and diamond 18-carat brooch up to $55,350, which eventually sold to an Internet bidder. A platinum Hamilton wristwatch with eight carats of diamonds sold to a participant on the floor for $57,000, and a platinum brooch with pear-shape, baguette and round diamonds realized $10,455.
A number of rings and earrings performed well in the auction. A platinum fancy intense yellow three-stone ring sold to an Internet bidder for $9,840. Competing bids in the audience and on the phone drove the selling price of an 18K white gold tanzanite and diamond ring to $7,800, eventually selling to the floor bidder. A pair of platinum fancy yellow diamond earrings also sold to the floor for $9,600.
Exceptional timepieces were also offered in the sale. Two bidders on the phone and Internet battled for a ladies’ platinum and diamond Omega wristwatch, which sold to the Internet participant for $18,450. A Vacheron & Constantin 18K gold pocket watch sold for $8,600, and an E. Mathey 14K yellow gold hunter case repeater pocket watch realized $4,600.
Cowan’s next Fine Jewelry and Timepieces: Live Salesroom Auction will take place Dec. 8 at noon EST. For more information about the auction or to consign for future auctions, call Brad Wanstrath at 513-871-1670.
View the fully illustrated catalog for Cowan’s Auctions Inc. jewelry and timepieces auction April 14, complete with prices realized, at www.LiveAuctioneers.com.
ADDITIONAL LOTS OF NOTE