Auctions

JAR Jewels Smash Auction Estimate at Christie’s New York

AuctionsJun 09, 2022

JAR Jewels Smash Auction Estimate at Christie’s New York

“The Light of Africa” 103-carat diamond also went above its pre-sale estimate, garnering $20 million in the “Magnificent Jewels” auction.

JAR’s “Parrot Tulip” brooch, featuring rubies, sapphires, garnets, tourmalines, and diamonds, was estimated to sell for $200,000-$300,000 but ended up garnering $831,600. (Image courtesy of Christie’s Images Ltd. 2022) (Image courtesy of Christie’s Images Ltd. 2022)
New York—The JAR jewels from the estate of Ann Getty were an undeniable hit at the Christie’s New York Magnificent Jewels sale Wednesday.

The 12 jewels that sold during the auction went for a total of $5.1 million, well outselling the $1.5 million Christie’s predicted the collection might garner. 

Joel Arthur Rosenthal—commonly known by his initials, JAR—is an American designer beloved by discerning collectors. Rosenthal opened his Parisian studio in 1977, crafting one-of-a-kind jewels that reference nature, historical architectural elements, and textile-like patterns.

Getty was a longtime JAR collector, and sometimes loaned pieces from her collection to exhibitions, including the JAR retrospective at the Metropolitan Museum of Art in New York City in 2013, a JAR exhibition at London’s Somerset House in 2002, and the “Masterpieces of French Jewelry” exhibition at the San Francisco Legion of Honor Museum in 2007.

Married into the famed Getty family, Ann was a philanthropist, socialite, and publisher.

The top lot from her collection of JAR jewels that went under the hammer Wednesday was the “Parrot Tulip” brooch seen at the top of the page.

Featuring rubies, sapphires, garnets, tourmalines, and diamonds, the 1991 brooch was estimated to sell for $200,000 and $300,000 but ended up garnering $831,600.

(Image courtesy of Christie’s Images Ltd. 2022)
(Image courtesy of Christie’s Images Ltd. 2022)

There were also the above three “Fleur Pompons” brooches from 1989 featuring diamonds, rubies, and sapphires. Originally estimated to earn between $200,000 and $300,000, the trio garnered nearly double that at $579,600.

A pair of “Oak Leaf” earrings featuring tourmalines, garnets, amethysts, sapphires, emeralds, and diamonds from 1998, predicted to fetch $100,000-$150,000, smashed that estimate at $504,000.

This brooch from 1990 features sapphires and spinels in 18-karat yellow gold and silver. It was estimated to earn between $80,000 and $120,000 but sold for $453,600 on Wednesday. (Image courtesy of Christie’s Images Ltd. 2022)
This brooch from 1990 features sapphires and spinels in 18-karat yellow gold and silver. It was estimated to earn between $80,000 and $120,000 but sold for $453,600 on Wednesday. (Image courtesy of Christie’s Images Ltd. 2022)

Of the 12 JAR lots on the auction block, there was only one final price that fell within the pre-sale estimate range rather than over it, with many going for at least twice the high amounts.

A portion of the proceeds from the Ann & Gordon Getty Collection sold will be given to a Ukrainian relief fund.

Other notable jewelry lots also shone brightly at Wednesday’s auction.

First off was the jewelry auction’s top lot, “The Light of Africa,” pictured below.

Image courtesy of Christie’s Images Ltd. 2022)
Image courtesy of Christie’s Images Ltd. 2022)

The D-color, flawless, Type IIa emerald-cut diamond weighing 103.49 carats was estimated to sell for between $11 million and 18 million, but ended up garnering $20 million.

It was cut from a 299.3-carat piece of rough uncovered by Petra Diamonds at the storied Cullinan diamond mine in January 2021.

Petra sold the diamond to Dubai-based Stargems in March 2021 for $12.18 million.

Following that was a necklace featuring a heart brilliant-cut diamond weighing 76.46 carats, 46 heart brilliant-cut diamonds between 0.46 carats and 3.03 carats, smaller heart-shaped diamonds, pear brilliant-cut diamonds, and round diamonds in platinum and 18-karat white gold.

It sold for within its pre-sale estimate range with a final price of $4.9 million.

At No. 3 was a Carvin French bracelet comprised of diamonds weighing between 0.10 carats and 0.47 carats in various fancy pink and fancy red hues, cut-cornered rectangular modified brilliant-cut diamonds, 18-karat rose gold, and platinum. It went for just above its pre-sale high estimate, selling for $2.7 million.

(Image courtesy of Christie’s Images Ltd. 2022)
(Image courtesy of Christie’s Images Ltd. 2022)

There was also a circa 1955 Harry Winston necklace made with round, baguette, and pear-shaped diamonds in platinum that nearly doubled its pre-sale high estimate when it garnered $970,200, and the circa 1910 Belle Epoque diamond choker necklace pictured above that obliterated its $60,000-$80,000 pre-sale estimate with a final price of $409,500.

The Christie’s New York Magnificent Jewels sale totaled $48.9 million on Wednesday. View the full results on Christies.com

 Related stories will be right here … 
Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

CollectionsFeb 02, 2023
Lowe’s Is Now Selling Jewelry

The home improvement store’s website features an “Empowerment Tools” demi-fine jewelry collection.

Events & AwardsFeb 02, 2023
Registration is Now Open for JIS Spring 2023

The show will feature a new pavilion of 30 jewelry designers and manufacturers from Surat, India.

Policies & IssuesFeb 02, 2023
Tiny Radioactive Capsule Lost in Australian Outback Found

A government official said search crews “found the needle in the haystack” when they located the capsule belonging to Rio Tinto along an 870-mile stretch of road.

Brought to you by
Bringing Over 130 Years of Diamond Expertise to Modern Grading

De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.

TrendsFeb 02, 2023
Amanda’s Style File: Purple and Playful

Amanda Gizzi welcomes February with a selection of amethyst jewelry, a birthstone that “deserves its own time to shine.”

Weekly QuizFeb 02, 2023
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
EditorsFeb 01, 2023
Designers to Watch in 2023: Boochier

Behind the playful and nostalgic brand lies deeper meaning.

Events & AwardsFeb 01, 2023
New Miami Jewelry Center Slated to Open in Q1

The Time Century Jewelry Center is located in downtown Miami’s jewelry district.

Brought to you by
De Beers Institute of Diamonds Expands to Offer Education

De Beers is sharing over 130 years of experience and expertise through the De Beers Institute of Diamonds with a selection of courses.

SurveysFeb 01, 2023
Consumer Confidence Falls in January

Wariness about the year ahead offset a more positive view of the current economic situation.

MajorsFeb 01, 2023
Six New Retailers Appointed to IJO’s Board of Directors

The IJO also welcomed one new vendor member to its 13-member board, Brecken Farnsworth of Parlé Jewelry Designs.

ColumnistsJan 31, 2023
Squirrel Spotting: How About a Word for the New Year?

It begins with a “t” and ends with a “c” and is imbued with warmth and positivity, Peter Smith writes.

Policies & IssuesJan 31, 2023
Rio Tinto Issues Apology After Radioactive Capsule Goes Missing

The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.

MajorsJan 31, 2023
Indian Jewelry Brand Tanishq Opens First U.S. Store, More on the Way

The jeweler’s expansion plans include 20 to 30 more stores in North America and the Middle East over the next two to three years.

Events & AwardsJan 31, 2023
Gucci Is Getting a Gem Award

The Italian luxury brand will receive the first Gem Award for High Jewelry Excellence.

MajorsJan 31, 2023
Martin Flyer Names New VP of Business Development

Industry veteran Kevin Lane has stepped into the role.

MajorsJan 30, 2023
Researchers Uncover Bejeweled ‘Golden Boy’ Mummy

The ancient Egyptian teenager was buried 2,300 years ago with 49 amulets to guide him through the afterlife.

SurveysJan 30, 2023
Consumers Embracing Non-Traditional Ways to Mark Valentine’s Day

The NRF’s annual survey shows that consumer attitudes about how, or even whether, to celebrate Feb. 14 continue to evolve.

Events & AwardsJan 30, 2023
JA Is Searching for the Next Retail ’20 Under 40’

Nominations are open now through March 24.

MajorsJan 30, 2023
10 Jewelry News Stories You Might Have Missed

A column detailing how independent jewelers did last year and the top watch brands of 2022 were among the most-read stories last week.

FinancialsJan 27, 2023
Tiffany & Co. Shines for LVMH in 2022

Acquired in 2021, the brand’s high jewelry sales have doubled and its new “Lock” collection was an instant hit.

MajorsJan 27, 2023
Diamond Council of America Appoints Treasurer, Board Member

Executives from Fred Meyer Jewelers and Riddles Jewelers have filled the roles.

CollectionsJan 27, 2023
Piece of the Week: Heavenly Vices’ Lock Necklace

The Victorian-inspired design is a functional lock and key.

Supplier BulletinJan 26, 2023
JA New York Spring Brings the Industry Together

For over 100 years, JA New York has played an integral role in facilitating the evolution of our industry, while also honoring past traditions.

TrendsJan 26, 2023
At Vicenzaoro, Paola De Luca Gazes Into Jewelry’s Future

The trend forecaster and her guests explored unconventional jewelry designs, NFTs, AI art, and more during her Trendvision presentation.

CollectionsJan 26, 2023
NDC and Lorraine Schwartz Announce New ‘EDDI’ Class

The Emerging Designers Diamond Initiative provides diamond credit and mentorship to young brands helmed by BIPOC designers.

IndependentsJan 26, 2023
Lee Michaels Fine Jewelry Set to Open 10th Store

It will be located in San Antonio’s Alamo Quarry Market and will be Lee Michaels’ third location in the city.

Policies & IssuesJan 26, 2023
Diamonds Do Good Names 10 to Board of Directors

Stephanie Gottlieb, Jewelers Mutual’s Mike Alexander, and Craig Rottenberg of Long’s Jewelers are among the new board members.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy