The recent June 11 Dupuis auction in Toronto realised $3.8 million in sales, clearly indicating that the growth and health of the resale market for fine jewels remains strong.
The sale featured a broad selection of desirable diamonds, coloured gemstones, modern pieces and antiques, all attracting the interest of international and local bidders.
Highlights included a memorable pair of diamond earrings, each weighing over 13 carats, estimated to sell for $190,000 and after spirited bidding they were hammered down for $320,000. Many other diamonds weighing over 3 carats received final prices well beyond their initial estimates, as did rare antique items including a diamond solitaire ring estimated at $11,000-$14,000 and selling for $20,000; a pair of gold double-headed chimera bangles from Lalaounis sold for three times their low estimate. A spectacular bangle, signed Mario Buccellati and decorated with a very large bright green peridot weighing 80 carats sold for $50,000 and a colourful bracelet from Tiffany & Co., set with pink tourmalines and diamonds sold for $46,000.
As Canada’s only auction house specializing in jewellery, we continue to provide our expertise to consignors and invite you to include fine jewels and wristwatches for sale in our next major auction. To arrange a confidential, complimentary appointment to evaluate your jewellery, please call us at your convenience.