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Friday, June 10, 2016

Verdura Cuff For Coco Chanel Sells For $100,000 At Christie’s

One of Fulco di Verdura’s earliest jewelry works for the famed fashion designer, Coco Chanel, was sold at Christie’s New York Magnificent Jewels sale Thursday. The buyer was the Verdura brand.

The cuff, made circa 1935, was part of the the collection of Gabrielle “Coco” Chanel. The New York-based jewelry brand, Verdura, said it purchased the bangle for $100,000, nearly three times its high estimate of $35,000. 

The cream colored enamel hinged bangle is set at the top with cabochon red and green simulated gemstones, accented on either side by a line of graduated caliber-cut green simulated gemstones, to the rectangular-cut blue simulated gemstones. The silver jewel was unsigned. However, the gem “is accompanied by a letter from Verdura confirming that in their opinion, the cuff bracelet was made from a design by Duke Fulco di Verdura for his friend Gabrielle (Coco) Chanel.”

Verdura said in a statement that the newly acquired cuff be part of the Verdura Museum Collection. It will join Chanel’s original “Maltese Cross” Cuffs, circa 1930, made by the influential jewelry designer for Coco Chanel, which are already part of the collection.

“It’s an early and important example of Duke Fulco di Verdura’s design influence on one of the 20th Century’s most iconic couturiers,” said Nico Landrigan, president of Verdura. “Coco Chanel looked to Fulco for great design in jewelry and this is an important example of their collaboration.”

The brand Verdura, purchased the Verdura business, including all of the artist’s drawings, in 1985 and has since been collecting and selling original Verdura pieces and creating and selling new pieces based on the original drawings under the Verdura name. 

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