Thursday 17 August 2017

Diamonds the star attraction at unique auction

Mark O'Regan

Mark O'Regan

FUR coats, fine wines and jewellery are some of the items going under the hammer at a unique auction today.

Themed 'The Wish List', Karen Regan of Adam's Auctioneers said this was the first sale of its kind for the auction house and reflects the ever-changing economic landscape.

One of the standout items going under the hammer is a titanic 464-page, 66lb limited-edition picture book by world famous photographer, Helmut Newton. Entitled 'Sumo', it displays a range of provocative sexual images featuring some famous celebrities.

"It's signed and editioned and there were only 10,000 of them produced, so it's quite a collectable thing. The photos are a little risque and we reckon it will sell anywhere between €3,000 to €5,000,'' says Ms Regan.

"The prices for jewellery start in the low hundreds, but we also have investment pieces, which will fetch a lot more. Included are diamond pieces from the early 18th century,'' she added.

Among those is a diamond four-stone drop pendant, composed of an old cut diamond, and estimated at between €12,000 and €15,000.

"The fur coats range in price from €300 to €5,000," Ms Regan said.

"If you went to any of the known furriers in Dublin you'd find it difficult to buy something of this quality at these prices. Just like the jewellery, these coats are selling for up to 70pc less than their normal retail price.

"It's important to remember the current market value we put on things is what they are actually worth on the day.

"If you were to actually take some of these diamonds to an antique or jewellery store, the price could rocket," she added.

Wine connoisseurs looking to get a taste of the high life for a fraction of the cost are spoilt for choice.

At the top end of a fairly heady wine mix is a 1993 Chateau Mouton Rothschild from the famous vineyard, expected to fetch an intoxicating €10,000. A Chateau Mouton Rothschild 1948 is expected to fetch a more modest €2,000.

Irish Independent

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