PARIS — A Cartier bracelet from the late Twenties sold for $6.1 million in a Sotheby’s auction in Geneva, signaling strong interest in Art Deco-era jewelry, the auction house said.
Set with a sugarloaf Burmese sapphire weighing 46.07 carats, the piece fetched one of the highest prices for a bracelet at an auction, according to Sotheby’s.
“It came from a visionary Asian-American collector whose eye for great jewelry resonated with international collectors,” said David Bennett, worldwide chairman of Sotheby’s jewelry division.
The winning bid came from an Asian collector, and the house noted “strong activity” from Asians, with women accounting for around half of the bidding activity.
High jewelry houses are increasingly focusing on female clientele as more women purchase pieces for themselves. Sotheby’s estimates that the proportion of women collectors has more than doubled in the past five years.
Earlier this year, Sotheby’s made headlines with the sale of the Beaumont necklace, made with Colombian emeralds in the Thirties, for $3.6 million.