Heritage fine jewelry, signature timepieces up for grabs this year

(The Philippine Star) - February 20, 2015 - 1:47pm

 MANILA, Philippines – Salcedo Auctions will open the 2015 auction season with its signature sales Jewelry & Timepieces and Important Philippine Art held over consecutive weekends - February 28 and March 7 respectively – with over 200 lots on offer.

The jewelry and timepieces sale presents items carefully chosen from private collectors all over the region. With a wide range from vintage jewelry, colored stones and investment grade diamonds. Wrist and pocket watches will also be offered for both ladies and gentlemen.

A range of limited editions from Graham, Harry Winston, Panerai, and Jaeger LeCoultre are highlighted in this sale, including an important Limited Edition Reverso Squadra World Time Chronograph Philippine Edition that was produced to commemorate the opening of the Jaeger LeCoultre boutique in the Philippines.

The iconic Rolex Daytona is represented in all steel both in a black dial and a rare white dial with a Zenith movement, as well as gold versions with desirable dials such as mother of pearl (white gold) and "Paul Newman" (yellow gold). Likewise featured in the auction is a vintage Rolex Submariner reference 5513 from the 80's and circa 20's Rolex cocktail watch.

Rolex Submarine Ref. 16613, 40mm (Php 230,000-250,000), Rolex Yachtmaster Ref. 168622, 35mm (Php 170,000-190,000), Rolex Explorer II Ref. 16570, 40mm (Php140,000-150,000) (L-R)  Jonathan Asuncion

A rare unworn Omega Dynamic from the 70's will be offered together with a selection of other Omega timepieces, both modern and classic. Jeweled ladies watches from Cartier, Chopard, Sarcar and Moussaieff will also be under the hammer.

Cartier, Chopard, Sarcar, and Moussaieff time pieces. Jonathan Asuncion

The highlight of the sale is a beautiful Patek Philippe Annual Calendar reference 5205 in white gold complete with presentation box and papers, including its original invoice from Singapore. This is complemented by an all steel Patek Nautilus Chronograph reference 5980 in excellent condition. Perpetual calendar watches from Blancpain and a brand new IWC Big Pilot Top Gun should also be of of interest.

Patek Philippe Annual Calendar Ref. 5205 (P1,400,000-1,500,000) Jonathan Asuncion

Patek Philippe Nautilus Ref. 5980 (P1,550,000-1,650,000) Jonathan Asuncion

Fine pocket watches will also be a show stopper from Leroy & Fils, Kirkpatrick & Co., Schlesicky Frankfurt amongst others.

The strong jewelry line up presents many outstanding acquisition opportunities. Ranging from casual accessories to show-stopping pieces for more formal occasions, discriminating collectors will be spoiled for choice. Highlights include an 8 carat round brilliant diamond set in a gold collar necklace, a vintage 5 carat yellow diamond dress ring, an elegant 1930s-style diamond, kunzite and onyx opera-length necklace, a fine Art Deco diamond openwork bracelet. Colombian emerald and Burmese ruby pieces, as well as GIA-certified, D-F color, internally flawless diamond earrings.

An impressive diamond solitaire chain link collar necklace, the diamond is approximately 8 cts. set in 18k yellow gold (P395,000-480,000) Jonathan Asuncion

A fine Art Deco style 3.09 radiant cut fancy yellow diamond ring with geometric pave set band (P1,600,000-1,800,000) Jonathan Asuncion

An elegant Art Deco-style kunzite, diamond and onyx pendant suspended from an 18k white gold chain link necklace set with cultured pearls and diamonds (P350,000 - 370,000)  Jonathan AsuncionFine Art Deco diamond bracelet. The diamonds 2.60 tcw, D-F color, VVS2-VS2 clarity (P580,000-630,000) Jonathan Asuncion

The Important Philippine Art sale, the marquee event of the country’s only internationally-recognized auction house, once again delivers a meticulously assembled selection of paintings, watercolors, original fine prints, and sculpture.

Notable for its offering of works by old Philippine masters, this sale promises to delight the serious art collectors with the discovery by Salcedo Auctions advisor Ramon E.S. Lerma of Juan Luna y Novicio’s A Farm House, an oil on wood depicting a Normandy country scene from the 1890s, whose whereabouts for nearly a century had been unknown, the only proof of its existence having been a photograph from the Luis Araneta collection, which was reproduced in the seminal book on the artist published by the Eugenio Lopez Foundation in 1980.

A Farm House, an oil on wood depicting a Normandy country scene from the 1890s, whose whereabouts for nearly a century had been unknown. Jonathan Asuncion

The painting, striking for the intensity of its cobalt yellow and viridian pigments, was brought to the auction house earlier this year, where it was learned that it had formerly belonged to the estate of a friend of Luna and the National Hero Dr. Jose Rizal. Another painting that had once belonged to the estate, a rare 1919 Fabian dela Rosa landscape, is also being offered in this auction.

Other highlights of the sale include A Young Nation, oil on canvas by the academic master Jorge Pineda, which was inspired by the inauguration of the Philippine Commonwealth in 1935. There has been increased interest in the works of Pineda, whose Philippine Lanterns was sold last September througb Salcedo for a world record price of Php 9,440,000. Among the modern masters, three key works by National Artist Vicente Manansala are featured: an iconic 1963 Man with Rooster; Still Life (Sinigang) dated 1966; and a rare 1972 Manila Street Scene.

Preview for both auctions starts on Saturday, February 14. A printed catalogue is available. View the catalogue online at salcedoauctions.com


Video by Junats Asuncion

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