Diamond Sapphire Platinum Ring May Bring $175,000+ At Heritage Auctions

3.86 carat diamond paired with 5.03 carat sapphire highlights 1,800+ lots Dec. 9 in Dallas

DALLAS — An exquisite Diamond, Sapphire Platinum Ring, its smooth, sweeping lines featuring a cushion-cut diamond weighing 3.86 carats and a cushion-cut sapphire weighing 5.03 carats, is expected to sell for $175,000+ in Heritage Auctions' Dec. 9 Fine Jewelry Signature Auction in Dallas. The auction offers more than 1,800 lots of diamond and gemstone jewelry from several private collections including Farrah Fawcett, Mrs. Walter Matthau and pieces formerly in the collection of Elizabeth Taylor.

"We think collectors will appreciate the large variety of fresh-to-market pieces in this auction," said Jill Burgum, Senior Director of Fine Jewelry at Heritage. "From coast to coast, our staff has worked with several important collectors and estates to cultivate an irresistible selection."

A selection of high carat diamonds and gemstones is led by a 36.22 carat Burma Sapphire, Diamond Platinum Ring, enhanced by full-cut diamonds weighing an total of approximately 2.70 carats, is expected to sell for $300,000+. A Diamond, Gold Necklace, featuring a round brilliant-cut diamond weighing 22.11 carats, is expected to hammer for $175,000+. A Fancy Intense Yellow Diamond, Diamond, Platinum Gold Ring, set with a cushion-shaped diamond weighing 10.01 carats, is offered with a $150,000+ estimate, and a Burma Ruby, Diamond Platinum Ring, featuring an oval-shaped ruby weighing 5.76 carats and enhanced by a marquise-shaped diamonds weighing a total of approximately 1.60 carats, is expected to cross the block for $125,000+.

A romantic Diamond, Platinum Necklace weighing a total of approximately 66.25 carats and decorated with delicate icicles of diamonds giving way into lively, full-cut diamonds as designed by Fred Leighton, is expected to sell for $120,000+.

Leading the auction's numerous private collections is a selection of 40 pieces of jewelry from the personal property of actress Farrah Fawcett, including a Diamond, Platinum Ring, with a 10.95 carat marquise-cut diamond, which is expected to sell for $100,000+, a Diamond, Platinum Bracelet, featuring square-cut diamonds weighing a total of approximately 11 carats, which is expected to bring $10,000+, and a set of three Diamond, Gold Bracelets, expected to sell for $5,000+. Likely to generate significant collector interest is Fawcett's Diamond, White Gold 'Faucet' Pendant, upon which she based her line of designer costume jewelry. The iconic, personally-owned pendant is conservatively estimated to bring $2,000+.

A rare and unusual Black Opal Necklace by Tiffany & Co., circa 1900, appears at auction from the estate of Charlotte Bishop Williams Kip (1864-1926), a portrait of whom is included in the lot. Kip and her husband, Frederick Ellsworth Kipp (1862-1938), made their fortune in the textile business. They built an exquisite, turn-of-the-century mansion in Montclair, N.J., popularly referred to as Kypsburg, or Kip's Castle, which is now owned by Essex County. Mrs. Kipp's necklace, a delicately crafted masterpiece featuring an oval-shaped black opal cabochon and framed by round-cut blue and yellow sapphires, is estimated to bring $30,000+.

Additional luxury designer pieces include works by Bvlgari, including a classic Diamond, Emerald Platinum Ring, enhanced with a 2.53 carat European-cut diamond and a 2.49 carat round-cut emerald, estimated to bring $30,000+.

Additional highlights include, but are not limited to:

A Gentleman's Diamond, Platinum-Topped Gold Ring. Estimate: $125,000+.

An Unmounted Fancy Intense Yellow Diamond. Estimate: $90,000+.

An Art Deco Diamond, Coral, Black Onyx, Platinum Bracelet. Estimate: $40,000+.

From the estate of Mrs. Walter Matthau comes a pair of Sapphire, Diamond, Platinum, Gold Earrings designed by Van Cleef & Arpels. Estimate: $10,000+.

A Ruby, Colored Diamond, Gold Necklace, formerly from the Elizabeth Taylor Estate. Estimate: $6,000+.