Sale Report - Jewellery & Watches, Silver & Gold - August 2019
Posted On: 06 Sep 2019 by Greg Bateman
An interesting look at the highest selling lots and those of special interest in the sale, written by Valuer Rupert Pink.
BATEMANS AUGUST AUCTION BEGETS BARNSTORMING JEWELLERY AND SILVER SALES
After the success of the first Batemans specialist quarterly Jewellery & Watches, Silver & Gold auction in May, the August auction managed to build spectacularly on this start with prices across the sale exceeding expectations and estimates. The catalogue offered a wonderful array of lots and was met with rigorous bidding from start to finish of the sale. With a staggering amount of absentee bids left across Batemans’ own website, and both online bidding platforms the-saleroom.com and easyliveauction.com, totalling almost £100,000 the sale was sure to be a huge success. Multiple bidders on almost every lot ensured that bidding was competitive and prices very strong.
Early on in proceedings, lot 32, an exquisite Chinese Export silver tray provoked an ecstasy of bidding via the internet, the room and from telephone bidders, with bids soaring upwards before settling at the heady figure of £1560 (including 20% BP). Chinese silver wares always attract bidders, combining a mixture of high quality craftsmanship and social historical value.
In 1873, the doomed future Tsar Nicholas II of Russia was just five years old and totally unsuspecting of the revolution that lay ahead. In this same year lot 33, a Russian silver Judaica box was also made and 146 years later it was offered in our specialist Jewellery & Watches, Silver & Gold auction. As a powerfully evocative piece of silver with historical and commercial value, the fascination and interest in the item was palpable with 39 bids made before it finally sold for £600 (including 20% BP). Other items within the silver section which proved especially popular were lot 20, a fine Sampson and Mordan silver card case, which was in excellent, almost unused condition and had been kept safely in it’s beautiful fitted case, which sold for £408 (including 20% BP), and lot 29 a Victorian silver egg cup stand selling for £624 (including 20% BP).
The market for gold is as buoyant as ever, it is common for full and half gold sovereigns to sell at auction but the prices at Batemans were especially strong with all gold coins selling above estimate. Lot 58, an Elizabeth II gold sovereign mounted in a 9ct gold mount sold for £360 (including 20% BP), lot 61 a Victoria old head gold sovereign in a 9ct gold mount and chain sold for £450 (including 20% BP), and lot 62 an Elizabeth II gold sovereign, in 9ct gold mount and chain £510 (including 20% BP).
A highlight of the sale was a spectacular private collection of jewellery which encompassed a diverse range of designs mostly from the 1960’s and 1970’s. They had been collected throughout the life of a local lady for pleasure rather than investment and this shone through with a plethora of bejewelled rings, bangles and trinkets across a wide variety of styles. Batemans had been entrusted with dispersing of the collection across the three specialist jewellery auctions being held this year with this sale showcasing modern design rings.
Values for items from this period of jewellery design are at an all-time high and bidders were feverishly bidding to purchase a piece of this wonderful assortment. Buyers from a dozen different countries, as well as UK private and trade all looked to win the lots they wanted.
Some of the highlights were lot 71 two 9ct gold rings formed as cats, a tabby with emerald eyes and the second formed as a panther biting its tail, selling for £288 (including 20% BP); lot 86 a 14ct gold ring of organic design, formed of a sweeping textured background overlaid with twelve diamonds on white gold stems, selling for £384 (including 20% BP); lot 100, an 18ct gold, diamond and sapphire Art Deco style ring, of undulating rectangular form, the central emerald cut sapphire set in a white gold face studded with fourteen diamonds, selling for £480 (including 20% BP).
The final tranche of pieces from the collection will be included in the 15th November Jewellery & watches, Silver & Gold sale.
In recent years wristwatches have commanded healthy prices at auction. The watches at Batemans had a 100% sale rate and with many selling for well above top estimates. Two examples of the current appetite for watches were lot 197, a circa 1947 Tudor Royal gentleman's 9ct gold cased wristwatch, and lot 199 a 1970s Omega Seamaster 600 gentleman's gold plated wristwatch.
Both estimated to about £200 they exemplify the current trend for good quality vintage men’s watch style. Although both had later straps and were more basic models they have steadily become more and more popular, leading to final selling prices of £384 (including 20% BP) for the Tudor and £336 (including 20% BP) for the Omega – both still excellent value for such stylish pieces. These are surely perfect investments and if kept in good condition would be wonderful heirlooms to pass down to subsequent generations.
As befits its position as the final item in the sale, the show stopping lot 310, an impressive 2.85ct diamond solitaire ring, created a storm of interest and excitement prior to the auction. As the last lot of the sale, a healthy crowd remained to await the result; two telephone bidders battled it out from an initial bid of £5,000 with it eventually selling for £9,360 (including 20% BP).
The next Jewellery & Watches, Silver & Gold auction will be held on Friday 15th November, and offers an ideal opportunity for Christmas shopping. Consignments are invited up until 22nd October. Batemans of Stamford hold regular Valuation and Consignment Days where antique and modern jewellery, gold, silver, watches and objects of vertu are always welcome.