Jewels for Hope
The ‘Jewels for Hope’ sale is taking place on 14th May and the jewellery collection of philanthropist Lily Safra, which includes seventy rare pieces, is expected to raise more than $20 million.
The Lily Safra Foundation will donate all the proceeds to twenty charitable institutions, including the Elton John AIDS Foundation and Children Action in Geneva. Any proceeds above $20 million will be given to additional philanthropic organisations chosen by the foundation.
The collection includes important diamonds, rubies and sapphires from the 1970s to the present day, and also features a selection of fine antique and period jewels. A special section of the sale will be dedicated to 18 jewels by Joel Arthur Rosenthal. This is the largest private collection by JAR ever to be presented at auction, the majority of which were created specifically for Mrs Safra from the 1980s to the present day.
Christie’s Magnificent Jewels
On 16th May, two days after the Jewels for Hope sale, Christie’s Geneva will hold its spring auction of ‘Magnificent Jewels’ at the Four Seasons Hotel des Bergues. This time, there will be a selection of exquisite jewels from some of the world’s most prominent designers, with more than 340 lots, valued at over $50 million in total.
Included among these spectacular jewels are Royal Indian jewels as well as vintage and contemporary pieces. Jewellery once belonging to movie star, Maria Felix, and a coloured diamond ring closely linked to Hollywood icons Elizabeth Taylor and Richard Burton will also be featured.
The most valuable item featured in the sale is a pair of pear-shaped diamond earrings by Harry Winston, estimated at $3,200,000-3,900,000. Other outstanding pieces are an early nineteenth Century Indian Sarpech, embedded with Jargoons, colourless zircons fine enough to be cut into gemstones of different shapes. The Sarpech has detailed enamel work, which reflects its Indian origin. This piece is estimated at $700,000-1,000,000.
A wooden cuff, by Joel Arthur Rosenthal, is another unique item, featuring a wooden heart fixed to the inside of both ends to prevent movement on the wrist. It has a large amethyst surrounded by chalcedony and is estimated at $37,000-45,000.
Then there is the sapphire and diamond panther brooch by Cartier. Designed as a reclining panther, entirely pavé-set with diamonds, sapphires and emeralds, this fabulous piece is expected to make $260,000-330,000. The original panther was made in 1949 for the Duchess of Windsor and designed by Jeanne Toussaint and Peter Le Marchand, a design so iconic that it is still being made by Cartier today.