Nord Jewelers Blog

Nord Jewelers Blog
June 23rd, 2016
The Private Collection of Joan Rivers, an eclectic assortment of fine jewelry, bejeweled items and collectibles, netted $2.2 million at Christie's New York last night.

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The biggest surprise of the auction was the $245,000 selling price of a gem-embellished Fabergé frame that carried a modest pre-sale estimate of $40,000 to $60,000. Crafted in nephrite (a form of jade) and adorned with rose-cut diamond flowers and a seed pearl bezel, the frame features an enamel portrait of Queen Louise of Denmark. The frame dates back to 1898.

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Another surprise was the failure of a Fabergé lily of the valley leaf to achieve its reserve price. Touted prior to the auction for its rarity and importance, the objet d’art was reportedly one of only two examples of a Fabergé lily of the valley leaf study in existence. A Christie's expert noted that the original design was most likely executed by Carl Fabergé himself. The piece, which is adorned with diamonds and pearls, carried a pre-sale estimate of $200,000 to $300,000.

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Rivers, whose acerbic comedic style earned her legions of fans and a co-hosting gig on E!’s Fashion Police, passed away on Sept. 4, 2014, at the age of 81. During her successful 55-year-career as a comedian, actress, writer and producer, Rivers amassed an impressive collection of pieces from Fabergé, Harry Winston, Chanel and Tiffany.

According to published reports, Rivers was particular fond of Fabergé because she felt the objects helped her get in touch with her Russian heritage.

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In all, The Private Collection of Joan Rivers included 39 lots of jewelry. Here are some of the other highlights...

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• A diamond and platinum flower brooch signed by Harry Winston fetched $75,000, far greater than the pre-sale estimate of $30,000 to $50,000. The piece features round diamonds forming the pistil, marquise-cut diamond petals, baguette-cut diamond stem and round diamond leaves.

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• A silver-topped star sapphire and diamond pendant brooch by Fabergé yielded $75,000. The piece, which was fabricated between 1899 and 1903, has the workmaster's mark of August Holmstrom of St. Petersburg. The pre-sale estimate was $70,000 to $90,000.

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• A gold, silver, aquamarine and diamond brooch by Fabergé sold for $35,000, at the low end of the pre-sale estimate of $35,000 to $45,000. A cushion-cut aquamarine is flanked on either side by a clover-like formation of diamonds. The piece is dated between 1908 and 1913 and also has the workmaster's mark of Holmstrom.

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• A third piece credited to Fabergé and Holmstrom is an amethyst and diamond brooch dating to 1900. The piece sold for $30,000, at the high end of the pre-sale estimate of $20,000 to $30,000.

Credits: Jewelry images courtesy of Christies. Joan Rivers photo by David Shankbone [CC BY 2.0], via Wikimedia Commons.