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Antique jewelry sale grosses almost $2 million

on Tuesday,April 07,2009 21:04

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Despite difficult economic conditions, a Boston auction house has announced its recent sale of fine jewelry brought in $1,768,021.

The highlight of the sale at Skinner, an auction house for antiques and fine art, was the collection from the family of William and Henry Walters, who established Baltimore''s Walters Art Museum.

Among the items was a Renaissance Revival long chain which sold for $402,000 and an Archaeological Revival gold and glass bead fringe necklace from 1880 that sold for $67,545.50.

"Despite the current state of the economy, the high end of fine jewelry market is as strong as ever as buyers are confident that their investment is sound," says Gloria Lieberman, director of fine jewelry for Skinner.

"Buyers and consignors alike continue to [buy] unique jewelry and recognize the lasting value intrinsic in these rare pieces purchased at auction," she says.

Other popular items included an Art Deco diamond, onyx, jadeite and coral brooch by Boucheron Paris which sold for $189,600 and a Renaissance Revival enamel, sapphire and diamond brooch which netted $71,100.

Skinner boasts expertise in more than 20 specialty collecting areas. It also provides a broad range of auction and appraisal services, and its appraisal experts regularly appear on the PBS-TV series, Antiques Roadshow.
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