Cambridge-based Fine Art Auctioneers, Cheffins, hosted the region\u2019s first ever dedicated sale for jewellery, silver and watches on the 25 October 2018 with over 450 items sold.\r\n\r\nNearly 85% of the jewellery lots on offer were sold, with many at prices far exceeding presale estimates. The highlight was a sapphire and diamond ring from Tiffany & Co which made \u00a34,000, doubling its pre-sale estimate of \u00a31,500 - \u00a32,000. The most expensive lot in the section was a three-stone diamond ring with the estimated weight of diamonds in excess of 3cts and which sold for \u00a35,000. \r\n\r\nAmongst the silver, nearly 95% of lots sold to either private collectors or trade buyers. The most expensive lot on the day was a 174-piece silver travelling ensemble by Garrard & Co which dated back to 1925 and which sold for \u00a37,000. \u00a0\r\n\r\nAmongst the 38 watches on offer, a lady\u2019s 18ct gold and steel Rolex Oyster watch achieved its top estimate, selling for \u00a32,000; whilst a gentleman\u2019s Rolex Oyster watch dating back to 1952 sold for \u00a31,500. A 1945 gentleman\u2019s Breitling Datora which needed full restoration far exceeded expectations selling for \u00a31,400, smashing its guide price of \u00a3200 - \u00a3400.\r\n\r\nSteve Collins, head of jewellery, silver and watches added: \u201cSale rates from this auction go to show the strength of the market for the best in class of jewellery, silver and watches. The auction saw a comprehensive selection of pieces at varying price points which helped to ensure that the room was packed on sale day and a number of items completely smash their pre-sale estimates.\u201d\r\n\r\nThe sale grossed a total of over \u00a3175,000.\r\n\r\nThe sale was the first standalone auction for these jewellery, silver and watches within the firm\u2019s already comprehensive calendar and is set to take place twice a year moving forwards. Items are already being consigned for the next jewellery, silver and watches sale will take place in April 2019.