The Art Deco necklace sold for $1,164,858 and set a world auction record for a piece by French jewellery artist Jean Fouquet. Photo courtesy Christie’s
Christie’s Paris Joaillerie auction, which took place online from 21st June to 7th July, achieved a total of $8,233,463, selling 89% by lot and 140.2% by value, exceeding its presale estimate.
The highlight of the auction was an Art Deco aquamarine, lacquer, gold and platinum necklace by Jean Fouquet, circa 1925, that sold for $1,164,858, establishing a world auction record for the French jewellery artist (1899-1984).
Further highlights included a wide selection of diamonds achieving strong results. A magnificent cushion-cut diamond of 17.47 carats, F colour and clarity VS1 was sold for $809,468, ($46,335 per carat). A stunning circular-cut diamond of 7.38 carats, G colour and clarity IF, achieved $238,079 ($32,260 per carat). Further highlights included an Art Déco section which offered delicate pieces such as a dragonfly brooch by René Lalique which fetched $208,010.
Colored stones set by famous Place Vendome jewellers also attracted international collectors. A sapphire and diamond ring by Van Cleef & Arpels achieved $141,150 and a sapphire and diamond “Couronette” bracelet from the 19th century estimated at €40,000-60,000 was sold for $89,147.
Violaine d’Astorg, Christie’s Jewels Department Head in France, said: “Strong results were achieved for our Spring online sale held in Paris. A phenomenal display of jewellery market strength was observed around the world as shown in the recent auctions held in Geneva, New York, Hong Kong, London.”