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More than 200 lots of diamonds, rare gemstones, and signed designer jewels brought $27.6 million at Christie’s New York sale of Important Jewels on June 16.

The top lot, a cushion-cut Kashmir sapphire of 21.71 carats, realized $4.2 million. Signed by Cartier, flanked on both sides by trapeze-shaped diamonds, and mounted in platinum, the ring was part of the collection of Margaret Adderley Kelly, which saw a 100% sell-through totaling just shy of $10 million.

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Sotheby’s Magnificent Jewels auction on December 9 achieved $44.2 million, buoyed by results for stones and jewels from prominent collections, such as those of Helen Hay Whitney, Estée Lauder, Evelyn H. Lauder, the Grand Duchess Vladimir of Russia, and Marlene Dietrich.

The top lot was a platinum-topped gold and diamond necklace that was presented to Helen Hay, an American writer, socialite, and philanthropist, on the occasion of her marriage to Payne Whitney in 1902. Featuring four diamonds weighing 27.48, 15.53, 13.08 and 8.91 carats, the necklace sold for $3.2 million. Total sales from the seven jewels of the estate of Helen Hay Whitney were $4.8 million.

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U.S. Antique Shows announced that they will be adding another event to their roster this spring. The L.A. Antique Jewelry & Watch Show, which will take place March 22-24, 2013, will bring together over 100 preeminent antique jewelry dealers from across the country.

The show, which will be held at the Hyatt Regency Century City, will offer patrons a variety of rare and unique jewelry and watches by notable brands such as Cartier, Rolex, Patek Philippe, and Van Cleef & Arpels. Cameos, rings, decorative necklaces, brooches, gemstones, and pendants spanning from the Renaissance to the Art Deco era will also be featured. Highlights from the upcoming show include a 12-carat internally flawless fancy yellow ring from Raymond Lee Jewelers, rare Art Deco diamond bracelets and jewelry from Jerome Heidenreich Inc., and an Art Deco platinum and diamond Tiffany & Co. pendant from J.S. Fearnley.

Dan Darby, group fair director, said, “We are thrilled to be able to bring together dealers and antique jewelry enthusiasts in the market that boasts the largest jewelry district in the country…We look forward to introducing local antique collectors to some of the most unique pieces ever offered on the West Coast.”

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