CINCINNATI, OHIO — Cowan’s jewelry and timepieces live salesroom auction on April 14 realized $585,000. With strong bidding from the Internet and phone, a crowded salesroom of more than 50 participants on the floor battled against competitive bids for many of the lots in the sale. Jewelry and timepieces by renowned designers and makers, such as Tiffany & Co., Patek Philippe and Cartier were offered in the auction, and a selection of five pieces owned by the late Marge Schott of the Cincinnati Reds baseball team hammered down for just over $315,000.
Other jewelry from Schott achieved great results in the auction. Competing bids between the floor and Internet drove Schott’s platinum and diamond brooch to $55,350, selling to an Internet bidder. A platinum Hamilton wristwatch with 8 carats of diamonds sold to a participant on the floor for $57,000, and a lady’s platinum brooch with pear-shaped, baguette and round diamonds realized $10,455.
A number of rings and earrings performed well in the auction. A lady’s platinum fancy intense yellow three-stone ring sold to an Internet bidder for $9,840. Competing bids in the audience and on the phone drove the selling price of a lady’s 18K white gold tanzanite and diamond ring to $7,800, eventually selling to the floor bidder. A pair of lady’s platinum fancy yellow diamond earrings also sold to the floor for $9,600.
Exceptional timepieces were also offered in the sale. Two bidders on the phone and Internet battled back and forth for a lady’s platinum and diamond Omega wristwatch, which sold to an online participant for $18,450. A Vacheron & Constantin 18K gold pocket watch sold for $8,600 and an E. Mathey 14K yellow gold hunter case repeater pocket watch realized $4,600.
Prices reported include the buyer’s premium.
Cowan’s next jewelry and timepieces live salesroom auction will take place on December 8. For information, www.cowans.com or 513-871-1670.