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Wednesday, December 7, 2011

10 Carat Yellow Diamond Ring, Estimated At Over $100,000 at Heritage Auctions

A Fancy Intense Yellow Diamond, Diamond, Platinum, Gold Ring, custom-made by Underwood's, is expected to bring in excess of $100,000 when it comes to auction on Dec. 5 as the lead lot in Heritage Auctions' Fine Jewelry Signature Auction, being held at the company's Dallas Design District Annex, 1518 Slocum Street.

The ring, featuring a cut-cornered rectangular modified brilliant-cut fancy intense yellow diamond weighing 10.02 carats, comes to auction from The Property of an Arkansas Estate.

"This gorgeous ring is the perfect centerpiece for one of our deepest auctions yet," said Jill Burgum, Director of Fine Jewelry at Heritage. "We've put together a wide variety of pieces, nearly 1,600 in all, designed to appeal to collectors across the spectrum."

A Diamond, Platinum Ring, featuring a square modified brilliant-cut diamond weighing 9.02 carats, is a worthy compliment to the Fancy Yellow Diamond, bringing its beauty and elegance to bear on its $100,000+ pre-auction estimate.

An opulent Diamond, Gold Jewelry Suite, featuring more than 100 carats in diamonds, has been drawing considerable collector attention as the auction approaches. It is expected to bring $80,000+ when it crosses the block, a pre-auction estimate matched by a stunning Colored Diamond, Diamond, Platinum, Gold Necklace featuring oval-shaped fancy intense yellow diamonds, with a total of more than 32.00 carats.

A Diamond, Platinum Ring featuring a round brilliant-cut diamond, weighing approximately 6.30 carats, enhanced by tapered baguette-cut diamonds, rounds out the top quintet of the auction with a pre-auction estimate of $60,000+.

The auction also features pieces from The Gladys Glad Jewelry Collection, who was, in the 1920s and early 1930s, one of the highest paid showgirls on Broadway. She rose to fame as the most celebrated of Florenz Ziegfeld's renowned "Ziegfeld Follies Girls," and – along with husband, Mark Hellinger – made up one half of a Hollywood power couple.

A principal highlight is Glad's Retro Diamond, Ruby, Platinum, Gold Jewelry Suite by Merrin of New York, estimated at $15,000+. The lot includes the original artwork for the earring design.

"This collection represents wonderful mid-century jewelry design," said Burgum. "It's a great chance to own a piece of Broadway theater history from a woman once voted 'most beautiful woman in the world.'"

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ABC to air The Great Big American Auction with Ty Pennington & Heritage, Thursday, Dec. 8

ABC has announced that it will air The Great Big American Auction, in a very special television first made-for-TV auction event, at 10 p.m. (ET) on Thursday, Dec. 8. The show will star Ty Pennington of Extreme Makeover: Home Edition, one of America's leading reality TV personalities, and feature exclusively Heritage Auctions' experts, auction services and staff.

The special was produced by Cineflix (Auction) Inc. for ABC. Executive Producers are Lisa Levenson, Ty Pennington, Joe Houlihan and Simon Lloyd.

Ty Pennington has been transforming people's homes and lives for several years now as the host of ABC's Extreme Makeover: Home Edition and has now found an exciting new way to change lives by turning their memorabilia and assorted hidden finds into treasures worth life-changing amounts of money.

After scouring flea markets, cellars, attics and yard sales to find one-of-a-kind items whose owners have no idea of their real value, Pennington, with a team of experts from Heritage Auctions, tags the best items and brings them to The Queen Mary oceanliner in Long Beach, CA for The Great Big American Auction. The exceptional collectibles range from first edition classic comic books to rare American currency to an early 20th century baseball icon's checkbook, and much more in-between, all chosen for their rarity, value and the uniqueness of the consignor's story.

"It's a great thrill to be part of this major network, prime time show, to work with Cineflex and ABC and a star the magnitude and class of Ty Pennington," said Greg Rohan, President of Heritage Auctions. "We went to great lengths with our staff and experts to make sure that all these unique items have great stories and that they live up to Heritage's exacting consignment standards. We hope that everyone will enjoy the show as much as we enjoyed being a part of it."

Objects originally bought for mere dollars, or literally plucked right out the trash will go for thousands of dollars as their lucky owners' lives are changed for the better.

The Great Big American Auction will air on Thursday, Dec. 8 AT 10 P.M. (ET) on The ABC Television Network.

Heritage Auctions is always seeking "consignments with a story" for possible future TV projects. If you think you might have a unique item and a unique story, email to TVShow@HA.com.

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Hermes Diamond Birkin Leads December Handbags & Luxury Accessories Auction

An Herm̬s Diamond Birkin, with Diamond and White Gold hardware Рa beautiful example of one of the most exceptional handbags made Рis expected to bring $80,000+ when it comes across the block on Dec. 6, as part of Heritage Auctions' Handbags & Luxury Accessories Signature Auction at the company's Dallas Design District Annex, 1518 Slocum Street.

"As one of the rarest, most sought-after and valuable bags in the world, the Herm̬s Diamond Birkin Рwith a retail price more than $140,000 Рshould get significant attention," said Matthew Rubinger, Director of Luxury Accessories at Heritage. "It would make quite a Christmas for one savvy collector."

In compliment to the Diamond Birkin, Heritage will offer an Hermès Himalayan Crocodile Birkin Bag with Palladium Hardware, in pristine condition, with an estimate of $60,000+.

[ read more ]

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Heritage Auctions Buyer's Premiums For Art, Entertainment, Jewelry, Natural History And Books To Change, Effective Jan. 1, 2012

Heritage Auctions has announced that, effective Jan. 1, 2012, the structure of its Buyer's Premium (BP) will be changing in several of its categories. While 13 of the company's 33 categories will remain at 19.5% or 15%, the rest of the Heritage categories will implement the change.

"We make very careful and considered decisions at Heritage, and this was not one that we came to lightly," said Greg Rohan, President of Heritage Auctions. "Heritage is a major player on the world auction stage, and our BP rates will now be competitive with the rest of the world's key auctioneers."

In the categories of American Indian Art, American Art, European Art, Furniture & Decorative Arts, Illustration Art, Jewelry, Lalique & Art Glass, Luxury Accessories, Modern & Contemporary Art, Music & Entertainment, Natural History, Photography, Pre-Columbian, Rare Books, Silver & Vertu, Texas Art, Timepieces, Vintage Guitars and Western Art, buyers will pay a BP of 25% of the hammer price on the first $50,000 of each lot purchased, 20% on the portion between $50,000 to $1,000,000 and 12% on any amount more than $1,000,000.

The minimum BP of $14 per lot will also continue to apply.

There will be no change in Buyer's Premium for US Coins, World Coins, Currency, Wine and Arms & Armor, which remain at 15% or for Americana & Political, Civil War & Militaria, Comics & Comic Art, Historic Manuscripts, Movie Posters, Space Exploration, Vintage Sports Collectibles and Texana auctions, which remain at 19.5%. In Gallery Auctions, meaning those auctions with sealed bids, mostly bulk numismatic material at Heritage, the BP will also remain at 19.5%.

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Piaget, Patek Phillipe, F.P. Journe And Rolex Lead $1.45 Million Timepiece Auction

A Piaget Protocole Exceptional 18k White Gold Diamond & Sapphire wristwatch brought $50,788 as the top lot in Heritage Auctions' Dec. 18 Timepieces Signature Auction, held in New York at the Ukrainian Institute of America at the Fletcher-Sinclair Mansion. The auction realized $1.45 million.

"We saw good results across the board," said Jim Wolf, Director of Timepieces at Heritage. "The top names all sold well and collectors were taking advantage of relative bargains in the other sections of the auction.

The $1.45 million auction saw 828 bidders vying for 403 lots, translating into a sell-through rate of 89% by total value.

A Patek Philippe Ref. 5205 Center-Seconds 18k White Gold Annual Calendar Center, Seconds Self-Winding Wristwatch With AM/PM Indicator & Moon Phases, proved the timeless popularity of the watchmaker's inimitable style, bringing $38,838 to take the second step on the podium for the auction.

A simply beautiful F.P. Journe Octa Calendrier Rare Platinum Automatic Annual Calendar With Retrograde Date & Gold Dial saw plenty of bidder action, settling in a $31,070 when the smoke cleared, while another Patek Philippe proved quite popular — this one a very fine White Gold Ref. 5036/1 Center Seconds, Self-Winding Wristwatch With Annual Calendar, Moon Phases, 48-Hour Power Reserve Sector & 18k White Gold Bracelet, circa 2003 — to the tune of $28,680.

Rounding out the top five lots of the auction, and checking in as the top pocket watch of the sale, was another Patek Philippe & Co. watch, a very fine Rose Gold Minute Repeater With Split Seconds Chronograph For Jaques & Marcus New York, circa 1893, which realized an impressive $23,900.

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Website Tips: Make And Receive Offers On Items In The Auction Archives

Heritage's New MyCollection software is a private record of collectibles that you own, buy, or sell, and it's great for insurance or estate planning.

It's FREE, and...


Stores images, description, and more.
All items bought from Heritage are added automatically!
Items bought elsewhere can also be added.
Allows for infinite organization of your collection.
Exports to Excel or to print for easy reference.
You enjoy absolute privacy. Your information will not be shared with, or sold to, any third party for any reason.
Available in all Heritage categories.



But the most exciting thing about the new MyCollection software is the ability to receive offers on items you purchased from Heritage at auction, including the ability to set your own "Buy Now" price.

Heritage members now have the opportunity to make an anonymous offer to the buyer of items previously purchased at auction from Heritage, directly through our Auction Results Archives. Heritage manages the transaction, maintaining privacy for both parties. Acceptance of an offer represents agreement with the terms and conditions of sale, including Heritage's commission (from which Heritage absorbs all credit card/PayPal costs). This service is free to the buyer (no buyer's premium), includes a 7 day return policy, protects the identity of both parties, and allows offers and counter-offers. If you receive an offer, you will have 72 hours to decline, counter-offer or accept the offer. You are under no obligation until you accept an offer or a buyer accepts your counter offer. You will receive payment for items sold within 30 days of Heritage's receipt of your item.

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