Published: March 21, 2016
BOSTON, MASS. — Eleven phone bidders competed for a signed Van Cleef & Arpels platinum and diamond riviere necklace at Grogan And Company March 20. It opened at $50,000 and quickly surpassed the high estimate of $100,000.
By the time the bidding ended, it cost its new owner $256,200. The necklace had 40 diamonds and the platinum clasp was signed with a hallmark. It had come from the estate of Helene Rabb Cahners-Kaplan, a member of the family that founded Stop & Shop supermarkets.
It was a day for exceeding estimates. A painting of roses by Paul de Longpre (French, 1855–1911), estimated at a high of $5,000 finished at $30,500. Numerous other pieces of jewelry, and several other paintings, sold well over estimates to a full salesroom actively competing with phone bidders and many left bids.
A complete report on the auction will follow.
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