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Diamond necklace could reach up to £150,000 at Dorchester auction
6:03pm Monday 7th October 2013 in News
A DIAMOND necklace is expected to fetch up to £150,000 when it goes on sale in Dorchester.
Auctioneers Duke’s are anticipating that the necklace boasting 53 cushion-cut diamonds that total over 64 carats, which has not seen the light of day for over 40 years, will become the most expensive item of jewellery it has ever sold when it goes under the hammer on December 5.
Duke’s jewellery valuer Amy Brenan said: “The largest diamond is 5cts with the rest of the diamonds graduating along the neckline. “These necklaces were known as ‘rivieres’ – the idea of a literal ‘river’ of diamonds gracing the wearers neck was so seducing in the Victorian period that many women copied the design of necklaces like this but using cheaper stones and in some cases, glass. “To find an original diamond one is extremely exciting.”
She added: “The necklace is in its original condition. “It clearly was an incredible piece when it was first made. “Each mount for each diamond is engraved with the old weight of the diamond in grains instead of carats. “This is how diamonds were measured in the 19th century. “The diamonds are a wonderful colour and are very lively.”
The necklace, which has come from a private collection, is estimated at £100,000 to £150,000.
Amy said: “Our current house record for a piece of jewellery is for an emerald-set turban brooch designed by Paul Iribe, which sold for over £84,000. “This necklace is incredibly wearable and of the highest quality which will ensure it will achieve plenty of interest at auction.”
Amy added the jewellery auctions at Duke’s had grown dramatically in recent years.
She said: “We are very fortunate to be able to offer qualified expertise with years of experience which make for an excellent service for our vendors.
“Many clients will approach a jeweller for a formal written valuation and actually don’t realize that here at Duke’s, we can provide a detailed inventory of your jewellery with the added benefit of providing recommendations for security, conservation, repair and remodelling as well as advising about current market conditions should you choose to sell your jewellery.”
Duke’s is hosting a free jewellery and silver valuation morning on Friday from 9.30am to 12.30pm with anyone welcome to come along and have their items valued.
The next jewellery and silver sale at Duke’s is on Thursday, December 5 and Friday, December 6.
For more information contact Amy on 01305 265080 or email email@example.com
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