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Lots of Diamonds, Jewelry and Watches in Many Price Points Highlight A.B. Levy’s Sale

by Special to WorthPoint (12/11/13).

This very fine diamond and platinum necklace, set with 300 round and brilliant cut diamonds and weighing about 8.45 carats, is estimated to bring between $100,000 and $150,000 in Dec. 15 at A.B. Levy’s in the firm’s West Palm Beach gallery.

WEST PALM BEACH, Fla. – More than 200 lots of dazzling diamonds, jewelry and fine timepieces—pulled from prominent local estates and collections and spanning a broad range of price points, from a few hundred dollars to $100,000 or more—will be sold at auction Sunday, Dec. 15, at A.B. Levy’s, in the firm’s West Palm Beach gallery.

The auction is packed with jewelry by makers such as Van Cleef & Arpels, Dior, Patek Philippe, Rolex, Tiffany, Cartier, Corum, Chopard and Hermes. One item is an 18kt gold with ruby eye cuff bracelet from the Elizabeth Taylor Collection. A. B. Levy’s said it is offering free overnight shipping on any item sold within the continental U.S., as an added holiday incentive.

The auction will get underway promptly at 1 p.m. (EST), with a preview from 11 a.m. to 1 p.m.

“There really is something for just about every taste and budget in this auction, just in time for holiday gift-giving,” said Albert Levy of A.B. Levy’s. “At the high end, we’ve got a fine selection of at least 10 certified diamonds. But bargain hunters will be able to participate, too.”

Around 75 pieces in the sale were given as collateral in a settlement, and the seller has set very modest minimums in the interest of a quick sale. These will include 14kt- and 18kt-gold jewelry pieces, diamond necklaces and earrings, sapphire necklaces and earrings and other items. Most will carry reserves as low as $200 and none will exceed $1,000. All will be snapped up.

The certified diamonds range in size from about four to 10 carats, although there is one Tiffany 1-carat stone and a 7 ½-carat colossus that should command tens of thousands of dollars. All are set in rings, many of them platinum, although there is one 3-carat diamond being sold as a loose stone. Ruby and diamond earrings and multi-stone diamond rings will also be sold.

This size 6 18kt-yellow gold with ruby eye cuff bracelet, signed J. Rossi, is from the Elizabeth Taylor Collection (est. $16,000-$20,000).

These Van Cleef & Arpels three-piece suite, comprising a pair of ear clips and matching ring, numbered 25444, will find a new home at $15,000 to $20,000.

This Tiffany & Co. diamond and enamel brooch, signed and set with 28 brilliant-cut diamonds weighing about 4.25 carats has a $7,000 to $10,000 expectation.

This Tiffany & Co. platinum and diamond ring, stamped and numbered, centered by an emerald-cut diamond weighing 2.05 carats could realize $25,000-$35,000.

This Cartier “Pasha” 18kt-gold Swiss chronograph wristwatch with case, dial and buckle—all signed Cartier— has a presale estimate of $8,000-$12,000.

This 18kt-gold, diamond and enamel “Bee” brooch, centered by one oval cabochon sapphire, is expected to bring $2,000 to $4,000.

Internet bidding will be facilitated by LiveAuctioneers and Invaluable (the new name for Artfact). Phone and left bids will also be taken. A buyer’s premium of 20 percent will be applied to all purchases up to $100,000 (15 percent after that). Lots may be viewed through Dec. 14 at A.B. Levy’s Palm Beach gallery, at 211 Worth Avenue, and on auction day in West Palm Beach.

A.B. Levy’s is actively accepting quality consignments for future sales. To consign a single piece, an estate or an entire collection, call 561.835.9139, e-mail to info@ablevys.com or visit the A.B. Levy’s website.


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