Fellows’ online-only jewelry sale achieves 90% sell-through rate

Fellows switching to online

An early 20th century gold carved coral ring sold for £587/$693. Fellows image

BIRMINGHAM, UK – Fellows Auctioneers has altered its auction schedule to continue the company’s promising start to 2020. The independent, family-run business has opted to move all of its sales from April through July to timed, online auctions following a highly successful March 19 jewelry auction.

“The online-only jewelry sale had a 90% sell rate despite the current climate with Covid-19 impacting the way the world operates,” a company press release states.

Many beautiful pieces of jewelry in the online sale on Thursday saw multiple bids and were in high demand.

The auction had a total low estimate of around £90,000 and ended with a total hammer price exceeding £110,000.

Outstanding pieces included an early 20th-century gold carved coral ring (above) which sold for £587/$693 against as estimate of £120-£180. Prices quoted include the buyer’s premium and fees.

A “Trinity” ring by Cartier (below) sold for £523 against an estimate of £150-£200.

Fellows switching to online

A Cartier ‘Trinity’ ring realized: £523/$614. Fellows image

Stephen Whittaker, managing director of Fellows Auctioneers, said: “The volume of bids doesn’t seem to be slowing down and people are taking advantage of the fact we have made our auctions so accessible to so many people via the Internet. I am sure our free shipping offer was an incentive too. We continue to have many amazing prices being consigned to auction and, using the expertise of our team, we are continuing to offer free valuations via our website to our clients at home and abroad.”

Fellows switching to online

An 18K gold brilliant-cut diamond and enamel swivel ring achieved £1,289/$1,514. Fellows image

Additional highlights from Thursday’s online jewelry sale include:

– An 18K gold brilliant-cut diamond and enamel swivel ring. Estimate: £400-£600. Price realized: £1,289.

– A mother-of-pearl single Alhambra earring, by Van Cleef and Arpels. Estimate: £100-£150. Price realized: £791.

– A selection of late Georgian and Victorian gold hard stone seal fobs and a watch keys. Estimate: £200-£300. Price Realized: £868.

Fellows Auctioneers’ next auction is on Thursday, March 26, taking place in Birmingham. Bids can be placed on this sale via LiveAuctioneers now.

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