Discover the Value of your Jewels

Tag: jewellery

Nature in Jewels

352

A Diamond and White Gold Floral Brooch: Lot 352 in the Dupuis Fall Auction

The work of the goldsmith and jewellery artist constantly reveals influences of nature in jewels. Faberge’s eggs, made to commemorate birth, life and reconciliation are an obvious example. The sprays of flowers that were so popular in the 1950’s and 1960’s, bringing the garden indoors, add sparkle and glitter to any occasion.

Organic Gems

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Five Coral and 10K gold jewels: Lot 507 in the Dupuis Fall 2014 auction

We regularly see genuine pieces of nature in jewels, too. We refer to these as “organic gems” and they are actually the product of nature, used as jewels or as gems in jewellery.

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South Sea Cultured Pearl and 18K gold Necklace: Lot 542 in the Dupuis Fall 2014 Auction

Pearls are probably the first gem ever collected: Smooth, shiny things that came right out of an oyster, ready to wear.

Amber is fossilized resin from pre-historic trees. It’s been collected around the shores of the Baltic Sea for centuries. It is at its most interesting, and far more valuable when there are other elements of nature in jewels of amber; insects or plant material, or even small lizards. These inclusions aren’t found in other gems, and make amber quite unique.

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Coral (red coral and black coral), Diamond, Cultured Pearl and Sterling Silver Brooch: Lot 450 in the Dupuis Fall 2014 Auction

Coral is a beautiful jewel of nature, most popularly in red, orange and pink colours. Coral provides an excellent accent to jewellery and also stands on its own very well as beads or carved gems.

Fauna

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A Gold Snake Bangle Bracelet: Lot 267 in the Dupuis Fall 2014 Auction

There are also many realistic or fantastic representations of nature in jewels, a favourite at auction is animal shapes, either domestic or wild animals, or mythological creatures. The Cartier Panther, a Van Cleef & Arpels lion, dolphins, or the articulated fish on grandmother’s charm bracelet. These are all animal forms found regularly in jewellery. Dragons, gryphons, and unicorns are among the fantastic creatures seen in jewellery.

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14K Gold Cat Brooch: Lot 460 in the Dupuis Fall 2014 Auction

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Gem Set and 18K gold Dog Brooch: Lot 459 in the Dupuis Fall 2014 Auction

Cats are often seen in jewellery, from domestic large-eyed kittens to dangerous lions, they cover the range from cute to daunting. “Man’s best friend”, the dog, is represented in jewels regularly, whether a charm of our favourite pug or a hunting dog represented carved in intaglio in an Essex crystal. Of course, we also see real dogs wearing jewels sometimes. Which self respecting lap dog would turn down the offer of a diamond collar?

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A Diamond and Gold Bird Brooch (by Van Cleef & Arpels): Lot 29 in the Dupuis Fall 2014 Auction

Birds are very common representations of nature in jewels. Perhaps symbolizing freedom, or simply because some of the most beautiful and elegant creatures on the earth are birds, winged creatures are often seen flying through the air below our ears, or as pendants on a chain, or as brooches.

Flora

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Gold Oak Leaf Cuff Bracelet, by Buccellati: Lot 28 in the Dupuis Fall 2014 Auction

Branches and leaves embrace our wrists, fingers, or collars regularly. Tendrils, vines, bunches of grapes are common themes, bringing elements of plants in nature to our wardrobe of accessories.

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Diamond and 14K White Gold Pendant/Brooch: Lot 543 in the Dupuis Fall 2014 Auction

Often the elements of nature in jewels are more subtle, and are only representations that leave an impression of nature without a direct reference to a plant or animal. These inspirations are probably the most common, and are among the most inspired designs around.

Nature is all around us, so it isn’t surprising that jewellers find themselves being influenced by the beauty of it all.

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A Diamond, Pink and Yellow Sapphire Floral Brooch: Lot 335 in the Dupuis Fall 2014 Auction

Appraisals serve different needs and markets

Antique bracelet with gold charms

Antique bracelet with gold charms

An appraisal can be prepared to serve different needs. The same item may be appraised to allow an insurer to add it to a household replacement policy, to allow a court determine an amount for settling a bankruptcy, divorce, or estate (potentially all different amounts), to determine a liquidation amount for scrap, or for fair market value, such as might be realized at auction. There are other types and levels of value too.

This bracelet was lot 600 in the Fall 2013 Dupuis auction. It sold for $2,000.00. The fair market value has now been established. Fair market value is the amount that a willing buyer would pay a willing seller in an open market, both parties being aware of all the facts, and with no time pressure.

Auction experts provide estimates of fair market value to consignors, and these are based on experience of similar items that have been sold recently at auction. The pre-auction estimate for this bracelet was $1,300-$1,600, the upper end not being too far from the hammer price (what it sold for at auction). The difference may be accounted for by the bidders in the room, on the telephone, or on-line at the time, plus changes in the market since consignment. Appraisal is also not an exact science.

If the bracelet had been appraised for liquidation, it would really be for the gold content as scrap, and would likely have been in the range of around $900.00.

If the appraisal had been for replacement with a recently made, brand new equivalent, it would possibly be as much as $6,000.00-$7,000.00, because it would require a very large amount of custom work to produce matches for antique chain and charms. An insurer will often not have a lost antique item reproduced with a new item, and may opt to buy a modern equivalent, because a new item is not antique anyway.

Fair market value appraisals are used for many applications and markets. Beyond being the method of determining the auction value (which is usually the highest return a private individual might realize when selling jewels) fair market value appraisals are used for donations to charities and museums, divorce settlement, and many other legal applications.

The details in an appraisal should not differ substantially from one to the next, but the dollar value at the bottom of the page can be very different, each is valid and important in its own way, and for its own intended use.