A pearl and diamond bracelet once owned by Princess Margaret is expected to fetch as much as $69,000 when it goes under the hammer in London next month.
Sported by the princess for her 19th birthday photograph in 1949, the art deco-style piece (circa 1925) features a double row of cultured pearls, bordering a millegrain-set line of circular-cut diamonds. The bracelet, which is estimated between $52,000 and $69,000 (£30,000 and 40,000), will be offered for sale by Dix Noonan Webb in its auction of ‘Jewellery, Watches, and Objects of Vertu.’
“We are delighted to be selling this exquisite art deco diamond and cultured pearl bracelet, which was formerly the property of HRH Princess Margaret,” says Frances Noble, head of the jewellery department and associate director at Dix Noonan Webb. “The Princess was wearing this bracelet in the iconic portrait photograph taken on her 19th birthday by the Royal photographer, Cecil Beaton, at Buckingham Palace. This is a rare opportunity to purchase a very personal piece of Royal history with an impeccable provenance.”
Other items of interest set to be offered at the specialty auction include an art deco aquamarine cocktail ring by Cartier (circa 1940), which is estimated at $6900 to $10,400 (£4000 to 6000); a 1.01-carat D-colour, internally flawless diamond ring, estimated at $12,000 to $13,800 (£7000 to 8000); and an untreated 6.2-carat Burmese sapphire ring, estimated at $8600 to $12,000 (£5000 to 7000).
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