Press Release  June 11, 2017

Diamonds Are Bidders Best Friend at Michaan’s June Estate Auction

Diamonds in platinum, diamonds in gold… diamonds with rubies, emeralds, sapphires and amethysts. Diamond bracelets, diamond necklaces, and diamond ring after diamond ring.... Winning bidders took home diamonds by the handful from Michaan's monthly Estate Auction on Saturday, June 10. Sell-through and prices realized were excellent for the fine jewelry offered in this sale. Lots 106 and 120, the diamond pendant brooch and the Art Deco ring, each realized $16,800. Also dating from the Art Deco period was Lot 117, the diamond and platinum bracelet sold at $5,700. Another standout was Lot 95, the unique diamond and white gold ring exuding retro style, which brought $11,400. A gorgeous Colombian emerald ring, set with diamonds in platinum (Lot 91), sold for $8,400. Lot 69, one of two star ruby rings generously accented by diamonds, brought $4,800. In addition to diamonds, coral jewelry was in demand, with bidders vying for Asian and Victorian pieces as well as a Gump's necklace of gleaming black coral beads (Lot 9, $1,320). Fine estate jewelry holds sway in Michaan's auctions year round, with a wide range of periods and price points offered again next month.

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