American auctioneer Skinner Inc. raises $3.7 million at fine jewelry sale

Skinner, Inc. said it generated close to $3.7 million in sales at a fine jewelry auction. The amount includes buyers' premiums and easily surpassed the pre-sale forecast.

The top lot was a double-strand jadeite bead necklace bought for $348,000, more than four times its pre-sale estimate of $80,000.

Meanwhile, an Art Deco platinum and diamond longchain necklace was sold for $162,000, more than double its pre-sale estimate high.

In addition, a platinum and diamond pendant by Cartier was bought for $90,000, while a platinum, Burma ruby and diamond ring set with an oval-cut ruby weighing 4.66 carats surpassed its pre-sale estimate high of $60,000, and was bought for $150,000.

A Cartier natural pearl and diamond necklace set with 88 graduated pearls sold for $90,000, and a platinum and solitaire ring, set with a square-cut diamond weighing 4.08 carats, was bought for $60,000.