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The top lot in Cowan’s Fine Jewelry and Timepieces Auction was this 28-carat platinum and diamond necklace made for Marge Schott of the Cincinnati Reds. It sold for $192,000. Cowan’s Auctions Inc. image.

Marge Schott necklace hits home run for Cowan’s at $192,000

The top lot in Cowan’s Fine Jewelry and Timepieces Auction was this 28-carat platinum and diamond necklace made for Marge Schott of the Cincinnati Reds. It sold for $192,000. Cowan’s Auctions Inc. image.

The top lot in Cowan’s Fine Jewelry and Timepieces Auction was this 28-carat platinum and diamond necklace made for Marge Schott of the Cincinnati Reds. It sold for $192,000. Cowan’s Auctions Inc. image.

CINCINNATI – Cowan’s Auctions Inc.’s Fine Jewelry and Timepieces: Live Salesroom Auction on April 14 realized $585,00. With strong bidding from the Internet and phone, a crowded salesroom of over 50 participants on the floor battled against competitive bids for many of the lots in the sale. LiveAuctioneers.com provided Internet live bidding.

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


The top lot in Cowan’s Fine Jewelry and Timepieces Auction was this 28-carat platinum and diamond necklace made for Marge Schott of the Cincinnati Reds. It sold for $192,000. Cowan’s Auctions Inc. image.

The top lot in Cowan’s Fine Jewelry and Timepieces Auction was this 28-carat platinum and diamond necklace made for Marge Schott of the Cincinnati Reds. It sold for $192,000. Cowan’s Auctions Inc. image.

The Vacheron & Constantin 18K gold pocket watch sold within estimate for $8,600. Cowan’s Auctions Inc. image.

The Vacheron & Constantin 18K gold pocket watch sold within estimate for $8,600. Cowan’s Auctions Inc. image.