“We are incredibly proud of the results of achieved for our carefully curated Magnificent Jewels sale today in Geneva. The sale showed confidence in the market for both white and coloured diamonds. Pink diamonds performed particularly well, with the top lot of the sale being a Fancy Orangy Pink diamond ring weighing 12.52 carats, selling for 2,800,000 CHF, over five times itslow estimate. We saw strength in coloured gemstonestoo, with some spectacular results for sapphiresincludingan attractive sapphire and diamond bangle by Van Cleef & Arpels which almost doubled its low estimate to achieve 612,000 CHF. We were pleased to see natural pearls maintaining their appeal with all our lots selling handsomely. Similarly, signed jewels were also well represented in the sale, and we achieved strong results for all pieces, from the art deco period to contemporary designers such as JAR. We saw fantastic results for highlights from the stunning single owner collection of Archaeological Revival Jewels, demonstrating that museum quality jewels really do have a place in contemporary collections. Further property from this remarkable collection is set to be sold in our Important Jewels sale in Geneva (closing on Friday 15 November) and London Fine Jewels sale (15-27 November).
”Jessica Wyndham, Head of Magnificent Jewels, Sotheby’s Geneva

Altogether the sales achieved combined total of 27, 039,000 CHF/ 30,702,010 USD,fuelled by over 330 bidders from all over the world –with a marked predominance of bidders from Europe followed by North America and Asia. –who were mostly under 50 years-olds (60%) with 28% of all bidders being under 40. Eventually, the vast majority of the sales were secured by private buyers based in Europe (just 50%)followed bythe USA and Asia (23% and 17% respectively). Across thesales, over 96% of all lots sold achieved final bids within their low and high estimates or above, with a staggering 83% of all Royal & Noble sale lots sailing past their high estimate–many of them realizing multiple times their high estimate.