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27
Mar 2021
Stray Jewels is a monthly column written by BBC Antiques Roadshow jewellery specialist, Susan Rumfitt. Susan started her career working for Christie’s auctioneers in Glasgow before establishing her own jewellery department, The Gallery in Harrogate.
In 2006, she joined the Antiques Roadshow and has since built up an extensive knowledge of and passion for fine jewellery.
Many feel that pearls are old fashioned, but they have been worn by many style icons, including Marilyn Monroe, Grace Kelly, Elizabeth Taylor and Michelle Obama and sale results continue to show pearls are very much in vogue.
In 2011 Elizabeth Taylor’s Collection of jewellery came up for auction. The price of one necklace shocked the world. It contained a pearl that had once belonged to Mary I of England, known as ‘La Peregrina’. Richard Burton had bought the pearl at auction in 1969 for $37,000 as a Valentine Day’s gift for Elizabeth. She had it remounted by Cartier. In 2011 against a pre-sale estimate of $2,000,000 - $3,000,000 , it sold for just over $11 million. This sent the pearl world into a frenzy! From auction houses to the high street, pearls became highly prized and highly priced. The market has settled down over the last few years but premium prices can still be achieved for the finest examples, especially when they are accompanied by certificates to state that they are natural pearls or if made by important designers. In their sale Elstob & Elstob had a pearl, sapphire and diamond necklace by the award winning jewellery designers De Vrooman which sold for £2,200. A sophisticated look with exceptional cultured pearls.
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