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Thursday, May 12, 2016

Cartier Necklace Could Fetch $60,000 At Bidsquare Online Jewelry Auction

Cartier bib necklace with moonstone, diamonds, and sapphire

Signed jewels by Van Cleef & Arpels, Cartier, Hermes, Chanel, Tiffany and David Webb are among the items that will be presented at a live online auction Tuesday hosted by Bidsquare

The "Spring Jewels: Fine Estate & Signed Jewelry" sale is by Fortuna Auction, a New York-based auction house, but registration and bidding can be done online through Bidsquare, a New York-based online auction site. 

A total of 397 lots will be presented with the top lot being a Cartier bib necklace with moonstone, diamonds, and sapphire (top photo). This has an estimate of $50,000 - $60,000 with an opening bid set at $45,000. 

But it is far from the only quality item in this diverse selection of jewels. For example, natural pearls are among the hottest items at auction in recent years and this sale features a 14.90-carat beauty that measures 14.20" x 11.13" (with SSEF certificate) set in a platinum and diamond ring (pictured above). Its estimate is $40,000 - $50,000. 

There are even some surprising items, such as timepieces, objets d'art and handbags. In fact one of the top lots is a Herm├Ęs patent black porosus crocodile Kelly bag in new condition (pictured above). This has an estimate of $22,000 - $25,000. 

A fun jewel being presented is an 18k, two-tone, diamond, enamel “Humpty Dumpty” brooch by Donlad Claflin for Tiffany & Co. with an estimate of $20,000 - $24,000. 

While the live auction date is May 17, people can place absentee bids anytime online up to the day of the live auction. 

“This is ideal for users that may not be available on the 17th but can still place their maximum bid,” said Allis Ghim, Bidsquare president and CEO. “Once they place their max bid online, the system automatically bids on their behalf up to their max bid on the day of the live sale.”

Go to the Bidsquare website to register for the live online sale or to bid in advance. 

Marilyn Cooperman Large Emerald and Kunzite Star Brooch. Estimate $20,000 - $25,000

Bidsquare is an auction website that sells merchandise from established auction houses. It was launched when six auction houses (Cowan’s Auctions, Rago, Leslie Hindman Auctioneers, Skinner, Pook & Pook and Brunk Auctions) joined forces. Bidsquare auctions range from fine art to estate jewels, to modern design and historical artifacts, all vetted by America’s foremost auction houses. The site also boasts a free, searchable database of more than a million auction records.

Jewelry News Network has been featuring items from the auction daily on its social media sites and will continue to do so until May 17. 

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet, the Forbes website and on Instagram @JewelryNewsNetwork