Press Release Hong Kong For Immediate Release Hong Kong | Carmen Ting | +852 2822 8140 | [email protected] New York | Darrell Rocha | [email protected] | London | Rosie.O’Reilly | [email protected] Switzerland | Catherine Allen | [email protected] Sotheby’s Hong Kong Magnificent Jewels and Jadeite Autumn Sale To take place on 7 October HIGHLIGHTING TWO EXTRAORDINARY JEWELS OF EUROPEAN ARISTOCRATIC PROVENANCE & Iconic Cartier Designs Dating from the 1920s to the Present Hong Kong Public Exhibition 2 – 6 October |Auction: 7 October Hong Kong, September 2015 Sotheby’s Hong Kong Magnificent Jewels and Jadeite Autumn Sale 2015 will take place on 7 October at Hong Kong Convention and Exhibition Centre. The upcoming sale will highlight two exceptional jewels of illustrious European aristocratic provenance. These include the Cowdray Pearls (pictured above right, separate press release available) and the Dowager Viscountess Harcourt Diamond Necklace incorporating 28 diamonds from the 1887 landmark auction of the French Crown Jewels, accompanied by thorough documentation of its passage through various notable owners over more than a century. These are complemented by a fine selection of superb natural coloured gemstones, diamonds, pearls, jadeite and jewels from the most coveted brands worldwide, including iconic designs from Cartier from the 1920s to the present, among them an exquisite ‘Panther’ ring featuring a 10.62-carat natural Burmese ruby (pictured above left). Connoisseurs will also be delighted to find a rare and impressive 27.68-carat Kashmir sapphire among the highlights. Approximately 270 lots estimated in excess of HK$600 million / US$77million* will be offered. QUEK Chin Yeow, Deputy Chairman of Sotheby’s Asia and Chairman of International Jewellery, Asia said, “This Autumn Sotheby’s is honoured to present extraordinary jewels of European aristocratic provenance that are rarely seen at auction in Asia. Formerly in the collection of distinguished connoisseur Viscountess Cowdray, her namesake natural grey pearl necklace is one of the finest and rarest of its kind ever known. The Dowager Viscountess Harcourt Diamond Necklace featuring diamonds from the French Crown Jewels auction is a remarkable piece whose story is told through meticulous documentation of its journey from Europe to Asia through more than a century. Collectors around the world will also be delighted by a fine selection of iconic designs from world renowned brands as well as Burmese rubies and Kashmir sapphires that are highly coveted in the recent years.” HIGHLIGHTS: HISTORIC JEWELS OF ARISTOCRATIC PROVENANCE The Dowager Viscountess Harcourt Diamond Necklace, Circa 1900, diamond together weighing approximately 65.00 carats (Est. HK$10 – 15 million / US$1.3 – 1.9 million; lot 1737), features 28 diamonds from the French Crown Jewels auction in 1887. The extraordinary passage of these diamonds through various owners from 19th-Century Europe through the American society to Sotheby’s Hong Kong saleroom is meticulously documented, rendering it a remarkable piece of historic jewel. After the Third Republic of France was formed, the French Ministry of Finance decided to sell the once exclusive property of French Kings and Queens, in a public auction in 1887. Most of the properties went to jewellers from Europe, Russia, countries of Northern Africa and the United States as well as royalty and American aristocrats who flocked to the auction in Paris. Tiffany, the famed American jeweller of that time was rumoured to have purchased about a third of the collection, including 28 old mine-cut diamonds, from the diamond chains of the Great Comb à Pampilles. These diamonds were sold a week later to Junius S Morgan, patriarch of the famous banking family in England. They were later passed on to Morgan’s young granddaughter, Mary Ethel Burns in 1888, to be held in trust for her by her father Walter H. Burns. Mary Burns, who became Viscountess Harcourt upon her 1899 marriage to Lewis, the first Viscount Harcourt, had the diamond chains remounted into the present necklace around 1900. Diamonds from this famed ‘1887 French Crown Jewels Auction’ rarely come up at auction. Over the past 25 years, only several pieces had surfaced at auction. In addition, there was the famous Thurn and Taxis Pearl and Diamond Tiara, sold by Sotheby’s in 1992 to the Louvre Museum, and the Magnificent Empress Eugénie Brooch also sold to the Louvre Museum, by private treaty. Another outstanding jewel that has already captured the imagination of the world is the Cowdray Pearls, one of the finest and rarest grey pearl necklaces known (Est. HK$35 – 55 million / US4.5 – 7 million; lot 1870). Formerly in the collection of Viscountess Cowdray, Lady Pearson (1860 – 1932), a distinguished connoisseur and collector, this magnificent necklace strung and mounted by Cartier comprises 42 extremely rare and superb natural grey saltwater pearls well-matched in lustre, shape and size, measuring approximately 12.90 to 6.65 mm in diameter, and is accompanied by a pair of natural grey pearl earrings, mounts by Cartier London. 2 ICONIC DESIGNS BY RENOWNED BRANDS The upcoming sale will present iconic designs from Van Cleef & Arpels and Cartier spanning various periods from the 1920s to the present. Since its debut in 1914, the Cartier Panther has been brought to life and transformed from an ornament into a timeless icon of the house by Jeanne Toussaint, director of haute joaillerie at Cartier from 1933 to 1970. The majestic feline has throughout the years accrued an enviable list of patrons from royalties and celebrities to noted jewellery lovers. An articulated Panther bracelet formerly owned by the Duchess of Windsor achieved £4,521,250 at Sotheby’s London in 2010, setting a record for a Cartier jewel at the time. Appearing at the upcoming sale is a unique 10.62 Carat Burmese Ruby, Onyx and Diamond ‘Panthère’ Ring, Monture Cartier (Est. HK$18 – 25 million / US$2.3 – 3.2 million, lot 1742) which stages this playful menagerie with an exceedingly rare natural Burmese Mogok ruby of 10.62 carats, bringing ‘the king of gems’ and ‘the king of jewellers’ together as one extraordinary creation. Apart from the Panther, exotic motifs from the Orient such as Egyptian, Indian, Chinese and Japanese elements also highly prized among Cartier’s iconic Art Deco designs. A most recent example was the Barbara Hutton jadeite bead necklace that fetched HK$214 million at Sotheby’s Hong Kong in April 2014, setting auction records for any jadeite jewellery and a Cartier jewel at the time. This Art Deco Jadeite, Enamel, Gem-Set and Diamond Brooch, Cartier, Circa 1927 (Est. HK$7 – 8 million / US$900,000 – 1 million; lot 1851) perfectly illustrates the maison’s elevated skills in blending colours, textures and periods that highlight its bold Art Deco designs. By outlining the green jadeite with red enamel evoking 19th-Century Chinese cinnabar lacquer and completing the ‘tutti frutti’ colour palette with sapphires, emerald and jadeite beads, the maison stayed true to its audacity and subtle elegance. The jadeite plaque bears very fine pictorial carving on both sides and is likely to date from the Qing dynasty. The Indo-Persian palmette motifs on the brooch are neatly contoured by the shield-shaped rock crystal frame. This Art Deco brooch is not only representative of Cartier’s imaginative faculty, but also attests to the fruitful encounter of East and West almost a century ago, culminating in originality, integration and lasting elegance. Also on offer is a Pair of 10.05-Carat Colombian Emerald and 9.45-Carat Diamond Ear Clips by Cartier (Est. HK$8.5 – 10.5 million / US$1.1 – 1.3 million; lot 1866) which accentuates the maison’s elegant design with rare natural Colombian emerald of outstanding clarity and highly saturated and desirable green colour. Another renowned jewellery brand Van Cleef & Arpels is represented in the upcoming sale with two unique jewels from its Les Voyages Extraordinaires collection - a Sapphire and Diamond Necklace and Pair of Matching Ear Clips, Van Cleef & Arpels (Est. HK$2 – 2.8 million / US$250,000 – 350,000; lot 1648, pictured left) and a Cultured Pearl, Sapphire, Diamond and Onyx Necklace Est. HK$2.4 – 4 million / US$300,000 – 500,000; lot 1846, pictured right previous page). Inspired by four key adventure novels by renowned inventor and writer, Jules Verne, namely Five Weeks in a Balloon, Twenty Thousand 3 Leagues Under the Sea, From the Earth to the Moon, and Journey to the Center of the Earth, the collection is a hymn to imagination and to the power of dreams and fantasy, and alludes to the history of the maison itself and to its representatives who have travelled the globe in search of the finest gems. DIAMONDS An indispensable part of any jewellery collection, diamonds are represented in this sale in a variety of colours, cuts and sizes, all of exceptional quality. Among the scarcest in coloured diamonds, pink diamonds of more than 5 carats, such as the one in this upcoming 5.24-carat Fancy Intense Pink Diamond and Diamond Ring (Est. HK$25.5 – 30 million / US$3.3 – 3.8 million; lot 1869) are a rare occurrence. Combined with a strong and saturated pink colour graded as Fancy Intense, this is a true gem of Nature. Following the sensational and rare Graff Vivid Yellow Diamond weighing 100.09 carats that set the world auction record for yellow diamond at CHF14,501,000 (US$16,347,799) in November 2014, the Autumn sale will bring to the market a 41.65-carat Internally Flawless Fancy Vivid Yellow Diamond and Diamond Ring (Est. HK$15 – 18 million / US$1.9 – 2.3 million; lot 1731). Of significant proportions and the highest colour grading of Fancy Vivid, this golden stone guarantees to be a stunner. A fine selection of perfect stones embodying the best attributes in a diamond will also be offered – D colour, internally flawless clarity, excellent cut, polish and symmetry (Triple X) and the purest Type IIa quality. These include a 9.65 Carat DIF Diamond Ring (Est. HK$9 – 11 million / US$1.2 – 1.4 million; lot 1867, pictured below centre) as well as rare well-matched stones presented in pairs such as a Pair of 8.05 and 8.03-carat DIF Diamond Earrings (Est. HK$15 – 18 million / US$1.9 – 2.3 million; lot 1741, pictured below left) and a Pair of 9.42 and 8.93-carat DIF Diamond Pendent Earrings by Harry Winston (Est. HK$12 – 14 million / US$1.5 – 1.8 million; lot 1868, pictured below right). NATURAL COLOURED GEMSTONES For the past few years, Sotheby’s had been in the forefront overseeing record-breaking sales of Kashmir sapphires worldwide. In October 2014, Sotheby’s Hong Kong achieved consecutive per-carat price records for Kashmir sapphires - first with the 12.00 carat Cartier sapphire ring at US$193,975 per carat, and then with a 17.16 carat sapphire at US$236,404. This happened only months before the current per-carat auction record was set at US$240,205 in June 2015, a testimony to the insatiable desire for sapphires of this prestigious pedigree. 4 The original Kashmir mines were discovered in the early 1880s and were operated only for seven years before they were depleted. Most of the sizeable Kashmir sapphires found on the market today were unearthed in the original ‘old mines’, an utmost rarity making up just a very tiny part of the world’s sapphire supply. Their unsurpassed and unique blue colour is soft and velvety, yet rich and lustrous, which charms under any kind of light, unlike non-Kashmir stones which may appear purplish or grayish in comparison. The Jewel of Kashmir, a 27.68-carat Kashmir Sapphire and Diamond Ring (Est. HK$48 – 55 million / US$6.2 – 7 million; lot 1860), free from any treatment, shows an attractive velvety blue colour. Such a rare treasure stands for the highest standard in any gem connoisseur’s delectable collection, and it is no doubt one of the most desirable sapphires offered at auction. Apart from Kashmir sapphires, rubies of top quality from the preferred origin of Burma are also extremely rare and have been highly sought after in the past few years. A most recent example is the 25.59-carat Sunrise Ruby that fetched US$30.3 million in May 2015 at Sotheby’s Geneva, more than tripling the previous record of the Graff Ruby established only last November in the same saleroom, while also setting the per-carat price record for ruby at US$1,185,451 per carat. The upcoming 27.91-carat Burmese Ruby, Diamond and Natural Pearl Bracelet (Est. HK$32 – 45 million / US$4 – 5.5 million; lot 1862) features a ruby of stunning size from Mogok Valley in Burma, free of heat treatment and in an unusual antique cushion cutting, boasting a fine combination of tone, saturation, fluorescence and inclusions. The 12 old mine-cut diamonds were carefully selected to match the ruby’s distinct character and charm which are rarely found in more modern cuttings. In its present antique mount it is highly likely to have been part of a more elaborate jewel. The centrepiece can be readily transformed into a ring or a brooch. JADEITE The jadeite jewellery on offer is led by a Pair of Jadeite ‘Peapod’ and Diamond Pendent Earrings (Est. HK$8 – 11 million / US$1 – 1.4 million; lot 1845, pictured above far left) that are highly desirable for the lovely plump shape as well as transparent and luscious green hue. The Jadeite ‘Monkey’ and Diamond Pendant (Est. HK$1.85 – 2.2 million / US$240,00 – 280,000; lot 1700, pictured above second left). Ranking ninth in the Chinese zodiac, the monkey is a common motif in jadeite art piece, most often depicted as a lively spirit holding a peach, symbolising longevity and good health. Also on offer are pieces epitomising the traditional cabochon form, the timeless classic in jadeite jewellery that accentuates the Oriental gem’s mesmerising translucency, fine texture and vivid verdant colour to their fullest. These include a Jadeite and Diamond Ring (Est. HK$3.8 – 4.8 million / US$480,000 – 600,000; lot 1822, pictured above second right) and a Pair of Jadeite Earstuds (Est. HK$8 – 12 million / US$1 – 1.5 million; 5 lot 1728, pictured on previous page far right) featuring two cabochons of impressive sizes, intense green colour, fine texture and beautiful translucency. *Estimates do not include buyer’s premium and prices achieved include the hammer price plus buyer’s premium. Images available upon request │Catalogues are available online at www.sothebys.com or through Sotheby’s Catalogue iPad App NOTES TO EDITORS I) SOTHEBY'S HONG KONG AUTUMN SALES 2015 CALENDAR (The schedule is subject to change) Auction Category 3 October The Classic Cellar From A Prestigious Collection The Contemporary Cellar From Impeccable Storage at Octavian 4 October Finest & Rarest Wines Modern And Contemporary Asian Art – Evening Sale (Modern Asian Art, Contemporary Asian Art and Modern and Contemporary Southeast Asian Art ) 5 October Modern Asian Art Day Sale Full Circle – Yoshihara Jiro Collection Contemporary Asian Art Day Sale Modern And Contemporary Southeast Asian Art Day Sale Fine Classical Chinese Paintings Contemporary Ink Art 6 October Fine Chinese Paintings Important Watches 7 October Magnificent Jewels and Jadeite Ming Furniture – The Dr S Y Yip Collection Imperial Consort Vajrayana: Voyage to the Tantra Imperial Interiors Important Chinese Art HONG KONG EXHIBITION AND AUCTION VENUE Hall 3, Hong Kong Convention and Exhibition Centre (New Wing), 1 Expo Drive, Wan Chai, Hong Kong II) TRAVELLING EXHIBITIONS CALENDAR Date City 3 – 4 September 6 – 7 September 12 – 13 September 15 – 16 September 19 – 20 September Shanghai Beijing Singapore Bangkok Taipei Venue Jing An Shangri-La China World Summit Wing The Regent The Sukhothai Hua Nan Bank International Convention Center III) SOTHEBY’S SELLING EXHIBITION IN SEPTEMBER – OCTOBER (The schedule is subject to change) Date Event Venue 12 – 25 September 2 – 7 October Alexander Calder: Imagining the Universe Age of Elegance Sotheby’s Hong Kong Gallery Hong Kong Convention and Exhibition Centre IV) FOR MORE NEWS FROM SOTHEBY’S Visit: www.sothebys.com/en/inside/services/press/news/news.html Follow: www.twitter.com/sothebys & www.weibo.com/sothebyshongkong & WeChat (ID: sothebyshongkong) Join: www.facebook.com/sothebys Watch: www.youtube.com/sothebys Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents auctions in nine different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Contemporary Art department, and two retail businesses, Sotheby’s Diamonds and Sotheby’s Wine. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID). 6
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