AuctionsDec 18, 2024
Alexandrite Ring Sells for Record-Setting $1.9M at Sotheby’sAuctionsJan 31, 2025
Elizabeth Taylor’s Diamond Bracelet Outshines Estimate at U.K. Auction
The auction also featured the sale of a Cartier necklace made when Egyptomania was sweeping Great Britain.
This yellow diamond line bracelet (left), which Michael Jackson gifted to Elizabeth Taylor, sold for $147,480 at Woolley & Wallis’ recent jewelry sale, while the Cartier necklace seen at right sold for $85,218. (Photos courtesy of Woolley & Wallis).
Salisbury, England—A diamond line bracelet that once belonged to Elizabeth Taylor, gifted to her by Michael Jackson, sold for £118,750 ($147,480) Thursday at a jewelry auction in the United Kingdom.
Auction house Woolley & Wallis said the piece, which was estimated to sell for £50,000 to £70,000 (approximately $61,000-$86,000), attracted competitive bidding both on the phones and online, ultimately going to a phone bidder.
Said to be one of the Oscar-winning actress’ favorite pieces, the bracelet features 27 graduated step-cut yellow diamonds.
“It was a strong sale, and we are delighted that many pieces exceeded their higher estimates, demonstrating that high quality jewelry is still in demand and the market is buoyant,” said Marielle Whiting, jewelry specialist at Woolley & Wallis.
Related stories will be right here …
Auction house Woolley & Wallis said the piece, which was estimated to sell for £50,000 to £70,000 (approximately $61,000-$86,000), attracted competitive bidding both on the phones and online, ultimately going to a phone bidder.
Said to be one of the Oscar-winning actress’ favorite pieces, the bracelet features 27 graduated step-cut yellow diamonds.
“It was a strong sale, and we are delighted that many pieces exceeded their higher estimates, demonstrating that high quality jewelry is still in demand and the market is buoyant,” said Marielle Whiting, jewelry specialist at Woolley & Wallis.
Also featured in the sale was an Art Deco necklace from a limited-edition Cartier collection of Egyptian Revival pieces.
The piece, featuring rubies and diamonds, sold for £68,750 ($85,218), more than twice its highest pre-sale estimate of £30,000 (approximately $37,189).
The necklace was rediscovered after being privately owned for a century.
The Cartier necklace features a pendant pavé set with circular-cut diamonds holding an abstract floral arrangement of cabochon rubies mounted in platinum and gold. It hangs from a chain of black onyx beads.
In their research, specialists from Woolley & Wallis matched the pendant to a Cartier necklace from a 1920s print ad for the special collection.
The jeweler had created the pieces in reaction to the wave of Egyptomania sweeping Great Britain at that time, the auction house said.
Two years earlier, British archaeologist Howard Carter had discovered of the tomb of Tutankhamun, the famous ancient Egyptian pharaoh better known as King Tut, inspiring interest in Ancient Egypt.
The ad ran alongside information about the discovery in a January 1924 edition of The Illustrated London News.
The specialists confirmed the necklace bore the same Cartier Londres signature and a similar number sequence (S.L7352) as two other pieces from the same ad that went up for auction in New York in 2013 (S.L7358 and S.L7353).
In the ad, the necklace features an Egyptian faience figurine of Nefertem. The distinctive U-shaped base with hooked motifs at each side was designed to resemble the silhouette of the beaded usekh necklaces that adorn mummies and sarcophagi, the auction house said.
While the pendant in the ad shows the necklace set with a figurine of Nefertem, the one offered at the U.K. auction features an abstract floral arrangement.
There are many reasons Cartier may have changed it, the auction house said, but it could have been an effort to tone down the Egyptian influence as desire for the style dissipated.
Editors' Picks
Sponsored by
More on Auctions
The Latest
CollectionsJan 31, 2025
Piece of the Week: Lalaounis’ Good Luck Charm for 2025The “Blossom Rosette” blooms with love, beauty, and hope for the year ahead.
IndependentsJan 31, 2025
Harvey Rovinsky, Longtime Owner of Bernie Robbins Jewelers, Dies at 77Rovinsky is remembered as a great mentor who made the employees of his stores feel like family.
Events & AwardsJan 31, 2025
Facets of Fire Has a Diamond Challenge for RetailersFor every jeweler who tries their luck, the company will make a donation to Jewelers for Children.
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
MajorsJan 30, 2025
WJA Chapter Leaders Resign as Fallout From DEI Remarks SnowballsThe boards of at least five chapters have resigned in response to controversial statements the WJA national board president made last month.
Weekly QuizJan 30, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Policies & IssuesJan 30, 2025
RJC Executive Director Melanie Grant Is Stepping Down An experienced jewelry writer and curator, Grant led the organization for two years.
CollectionsJan 30, 2025
Pharrell Williams Brings Tahitian Pearls to His New Tiffany & Co. CollectionFive new designs were added, all donning Tahitian cultured pearls and spear-like trident motifs, along with the new “Titan” setting.
Brought to you by
A Diamond Is Forever Celebrates "Forever Present" Holiday CampaignA Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
Events & AwardsJan 30, 2025
Registration Open for Converge 2025The inaugural event is being co-hosted by the American Gem Society and the Gemological Institute of America.
MajorsJan 30, 2025
24 Karat Club of New York Elects 5 New MembersJewelers of America’s Annie Doresca and AGTA CEO John W. Ford Sr. are among the new members.
CollectionsJan 29, 2025
Boucheron’s High Jewelry Takes the Form of ‘Untamed Nature’The jeweler’s latest high jewelry collection looks into the Boucheron archives to create a “living encyclopedia of high jewelry.”
FinancialsJan 29, 2025
LVMH Watch, Jewelry Sales End the Year DownWatch and jewelry sales slipped 3 percent in 2024, though the luxury conglomerate did see business pick up in the fourth quarter.
MajorsJan 29, 2025
Chanel Names New General Manager of Watches, Fine Jewelry for USOlivier Kessler-Gay will take over the role on March 3.
SurveysJan 29, 2025
Consumer Confidence Slips for Second Consecutive Month It hit a four-month low in January due to concerns about the job market, though consumers remain bullish about the stock market.
Events & AwardsJan 29, 2025
Chris Ploof To Teach Mokume Gane at AJSThe jewelry designer and master metalsmith will present on the ancient Japanese metalworking technique at the Atlanta Jewelry Show in March.
SourcingJan 28, 2025
WFDB Joins Efforts to Promote Natural Diamonds With New CampaignThe “Moments” social media campaign emphasizes the emotional ties between natural diamonds and life’s special milestones.
CollectionsJan 28, 2025
Bliss Lau Celebrates the Intricate Mosaic of Identity in New CollectionThe versatile “As We Are” collection features 14 pieces with interlocking designs allowing for 27 different looks worn around the body.
SourcingJan 28, 2025
Botswana’s First Olympic Gold Medalist Is Now a De Beers Ambassador Letsile Tebogo will help to promote natural diamonds and the good they have done for his country.
Events & AwardsJan 28, 2025
NouvelleBox Show Returns to New York CityThe showcase, in its second year, will feature more than 20 international brands at its curated event from Feb. 2-4.
Recorded WebinarsJan 28, 2025
Watch: Fine Jewelry Market Predictions for 2025 “My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.
Events & AwardsJan 28, 2025
Here Is the 2025 AGTA GemFair Tucson Educational LineupThe seminar series covers topics from market trends and colored stone terminology to working with museums and growing an Instagram profile.
MajorsJan 27, 2025
Le Vian Corp. Chairman Larry LeVian, a Man of Faith and Family, Dies at 73 LeVian is remembered for his leadership in the jewelry industry and for being a selfless and compassionate person.
CrimeJan 27, 2025
New Jersey Jeweler Sentenced to 2 1/2 Years for Evading CustomsMonishkumar Kirankumar Doshi Shah pleaded guilty to evading customs on more than $13.5 million of jewelry imported into the U.S.
SourcingJan 27, 2025
Dev Shetty To Head New Auction House for Rare Colored GemsJemora Gemhouse’s inaugural auction, slated for March, will take place in Dubai and feature polished sapphires.
CollectionsJan 27, 2025
Rachel Quinn Embodies Feelings of Falling in Love in New CollectionQuinn partnered with Gemfields to create “Crazy Love,” which features Zambian emeralds and Mozambican rubies across 10 pieces.
MajorsJan 27, 2025
Arch Crown’s 2025 ‘Tag & Label’ Catalog Is Out Now The catalog is 48 pages and features more than 100 styles.
CollectionsJan 24, 2025
Piece of the Week: Ashley Zhang Jewelry’s Lunar New Year NecklaceThe one-of-a-kind necklace was designed in celebration of the Chinese New Year, as 2025 is the Year of the Snake.
