AstaGuru Auction House recently concluded their ‘Heirloom Jewellery, Silver, and Timepieces’ auction on May 30th and 31st. The auction featured a stellar collection that showcased classic aesthetics with 132 lots and garnered a total revenue of INR 17,92,62,210. The jewellery section offered traditional Indian jewellery, western-style jewellery, and pieces executed with gemstones including natural pearls, Burmese rubies, Zambian emeralds, and high-quality diamonds.

The sale was led by an exquisite three-row natural pearl necklace which was acquired at an amount of INR 6,24,91,000. The necklace comprises three rows of graduated natural, salt-water pearls interspaced with faceted crystal discs along with a gold clasp set with old cut diamonds. It also featured on the cover of the auction catalogue. This beautiful necklace (featured in the above picture) of natural pearls in two different shades is an extremely rare find due to its size. It also comes with an SSEF certificate.  (Natural Pearl weight: 2485.73 chau / 181 pcs).

“The auction results validate that collectors are always looking for such opportunities to acquire coveted vintage jewellery which are very rare to come by. With several necklaces and other beautiful pieces, the auction offering was a wholesome selection of different items that go into the making of any important heirloom jewellery collection. The success of the auction also reinforces that whether Indian or western designs, vintage jewellery is evergreen and timeless. It is a prized possession that remains highly sought after,” says Jay Sagar, Jewellery Expert, AstaGuru Auction House. Another five-row natural pearl necklace executed with 453 pieces of graduated natural pearls was acquired at INR 1,48,00,500. A beautiful four-row necklace executed with intense red Burmese ruby beads from the historic mines of Mogok was sold at a price of INR 1,71,91,350.

The collection also offered some brilliant examples of classic western jewellery. A diamond necklace by Cartier was acquired at an impressive value of INR 90,92,061. An old European cut diamond Rivière executed in a French style was sold at a value of INR 40,07,520. A fascinating horology collection with pieces from the world’s leading watchmaking brands was also showcased at the auction. Jehangir Readymoney, Luxury Watch Expert at AstaGuru Auction House states that, “The auction presented a very interesting collection which was diverse not only in terms of pieces by leading brands but also for its variety. Different styles of timepieces ranging from vintage watches, dress watches, as well as state-of-the-art pieces sorts watches were offered to the collectors.” Please visit www.astaguru.com  to view the full auction analysis.