AuctionsNews

First public Fellows auction totals £1m

The first public auction to be held by Fellows since March garnered a total hammer price of over £1m. 

The Fine Jewellery sale, which took place at the independent, family-owned auction house in Birmingham on 23 July, lasted a total of six hours from 11am to 5pm. 

Bidders from all across the globe partook in the sale, some through telephones, commission bidding, and through three live platforms, Fellows Live, The Saleroom, and Live Auctioneers.

Fellows dubbed the sale the company’s “best of the year so far”, with many items reaching “tens of thousands” of pounds under the hammer.

The auction included  an “impressive” platinum old-cut diamond single-stone ring, of 8.07cts, with diamond gallery and shoulders, which sold for £110,000, as well as a platinum oval old-cut diamond single-stone ring, which sold for £25,520.00.

In addition, a geometric necklace, set with diamond and carved ruby, emerald and sapphire, was realised for £17,864, while an aquamarine, sapphire and brilliant-cut diamond necklace sold for £16,588.00.

Managing director and auctioneer, Stephen Whittaker, said: “It was an exciting time yesterday as we held our first public auction in Birmingham for over four months. I am proud of our hard-working team who pulled together to ensure we had a brilliant sale. 

“As the auctioneer for the entire sale, it was a pleasure to witness so many items fly above their estimates. We now have a flurry of timed auctions in the coming weeks, and we are hopeful that these will follow the positive trend that has been set.”

Fellows had previously held online-only auctions throughout lockdown. There are currently four timed, online-only auctions live, including the antiques, silver and collectables sale, which ends on Monday.

Back to top button