Wednesday, September 10, 2008
Elton's J Brooch
An art deco sapphire and diamond clip brooch, originally owned by the legendary musician Sir Elton John, is expected to fetch over £12,000 at Bonhams' next London Sale of Fine Jewellery on 25 September 2008.
The impressive bejewelled brooch, which was created in around 1935, is designed in the form of the initial 'J', and includes multiple old-brilliant-cut and baguette-cut diamonds. It also features five oval-cut sapphires and a bombé cluster of circular-cut sapphires.
A photograph accompanying the brooch shows Sir Elton John wearing it during the filming of the video for his hit song I don't wanna go on with you like that. The song, which featured on the artist's 1988 album Reg Strikes Back was written by John and his long-time song writing partner, Bernie Taupin. It reached Number 30 in the UK Singles Chart, but fared much better in the USA, achieving Number 2 on the Billboard Hot 100 chart in August of that year.
Other jewels that will sparkle brightest in the 25 September sale at Bonhams, include a stunning emerald-cut diamond single-stone ring by De Beers, weighing 11.05 carats. It is expected to fetch £260,000-320,000. A round brilliant-cut diamond single-stone ring, weighing 4.57 carats, which has been languishing in a safe for over 15 years, is valued at £40,000-50,000 and a delicate belle époque diamond pendant/necklace, dating from circa 1905, will be available to bid on also. It has French assay marks and is fitted in a leather case by Boucheron. Its estimate is: £22,000-30,000.
"Diamonds have an enduring appeal. They provide timeless elegance in a fast moving fashion arena - and - in many instances - maintain their worth," says Bonhams' UK Director of Jewellery, Jean Ghika, who has been in the business for 16 years.
"With the current economic uncertainty and the world gold price at a record high, many investors are turning away from stocks and shares to more tangible commodities such as high quality jewellery," adds Ghika.
Natural pearls are also commanding high prices at auction and with actress Sarah Jessica Parker seen wearing her ubiquitous trade mark pearl necklace in the role of Carrie in the recent blockbuster movie Sex in the City, pearls are proving even more popular - as women all over the world are going out to buy their own. Bonhams will offer them the chance to bid on a rare natural pearl and diamond necklace, worth £50,000-60,000 on 25 September.
Bonhams' Fine Jewellery Sale will take place at 101 New Bond Street, London. For further details go to Bonhams.com/jewellery.