From the vault: Bonhams’ Jean Ghika on how to collect mid-century jewels

Bonhams’ Jean Ghika on how to collect mid-century jewels
Preceding Bonhams’ New York Fine Jewellery auction on 14 October, Wallpaper* sat down with UK and Europe head of jewellery Jean Ghika to discuss trends in mid-century jewel collecting. Pictured: gem-set and diamond ‘Dice’ ring, with turquoise, malachite, corallium, rubrum and lapis lazuli
(Image credit: press)

Bonhams kicked off its international jewellery auctions season in London last week, when its star gem – a Fancy Intense Blue diamond – sold for £2.32m. But it was the rare cache of prime pieces from the 1960s and 70s among the 125 lots that caught our eye. Jean Ghika, UK and Europe head of jewellery at Bonhams, tells us about the growing trend for collecting mid-century gems:

The provenance
Historically, jewellery has been a form of wearable adornment but today it is increasingly considered as an art form in its own right. Modern and contemporary designers appeal to collectors who wish to build a collection of jewellery as they might build a collection of contemporary art. In that respect, design-led jewels have a value over and above the intrinsic value of the component parts. In the auction market, therefore, interest tends to concentrate on designers who have an established and existing following, such as Andrew Grima – the Italian jeweller who had London society of the 1960s and 70s in thrall. That said, if you are looking to start a collection now, it’s worth remembering that not all pieces at auction are signed by specific makers and, as long as they are good quality and have a strong design element, they are worth collecting.

Andrew Grima gold, diamond and emerald openwork ‘Textured Wire’ bracelet

Andrew Grima gold, diamond and emerald openwork ‘Textured Wire’ bracelet, c.1968

(Image credit: press)

The design details
On sale in London last week were original pieces by Andrew Grima. Grima pieces are always sought after because their sculptural, organic forms and flamboyant scale and style represented a departure from the more structured jewels of the previous decades. The 'Textured Wire' bracelet (estimate £15,000 – £20,000) is a great example of Grima’s work. Created in 1968, it is composed of linear gold rods set at varying levels, with emerald and diamond accents adding colour and reflection.

The ‘Dice’ ring (estimate £4,000 – £6,000), though not attributed to any designer, has a distinct charm. Its bold colour combinations of turquoise, malachite, coral and lapis lazuli are resonant of the cocktail era of the 1950s. The diamonds add a fine, precious touch.

A cache of current-era Hemmerle pieces was also on offer. Designs by the German house can be deceptively simple in design, but each is engineered to perfection to ensure they sit perfectly on the ear or hand, while displaying the subtle tonal differences in the brown, orange and yellow diamonds to best advantage (estimates from £4000 – £15,000).

Hemmerle pendant earrings

Hemmerle pendant earrings, with 5.85 carats of orange-brown, brilliant-cut diamonds and moonstone drops totaling 87 carats, c. early 2000s

(Image credit: press)

The signs of the times
Perhaps modern-era pieces are just being being appreciated more now because strong handmade design pieces tend to stand out. Also, very often they are unique one-offs that were produced in very small numbers, which is always an attractive element for collectors.

The now factor
The chance to bid for gems online at live auctions has made it easier than ever before to start collecting, as you can join in from anywhere and you don’t need to be in the sale room.

Andrew Grima gold and diamond articulated bracelet

Andrew Grima gold and diamond articulated bracelet with carved emeralds and cabochon sapphires, c.1973

(Image credit: press)

Hemmerle ring, pave set with 5.5 carats of orange-brown

Hemmerle ring, pave set with 5.5 carats of orange-brown, brilliant-cut diamonds, c.2002

(Image credit: press)

Hemmerle hooped ear clips

Hemmerle hooped ear clips, with 19.75 carats of pavé-set orange-brown, brilliant-cut diamonds, c. early 2000s

(Image credit: press)

Emerald and diamond cluster ring, with undulating border of tapered baguette-cut diamonds

Emerald and diamond cluster ring, with undulating border of tapered baguette-cut diamonds of a total of 4 carats

(Image credit: press)

Jean Ghika, head of jewellery for Bonhams UK and Europe

Jean Ghika, head of jewellery for Bonhams UK and Europe, photographed at the Lifschutz Davidson Sandilands-designed Bonhams London HQ

(Image credit: press)

INFORMATION

Bonhams’ New York Fine Jewellery auction takes place on 14 October. For more information, visit the Bonhams website

Caragh McKay has been a contributing editor at Wallpaper* since 2014. She was previously watches & jewellery director and is currently our resident lifestyle & shopping editor. Caragh has produced exhibitions and created and edited titles for publishers including the Daily Telegraph. She regularly chairs talks for luxury houses, Van Cleef & Arpels and Cartier among them. Caragh’s current remit is cross-cultural and her recent stories include the curious tale of how Muhammad Ali met his poetic match in Robert Burns and how a Martin Scorsese film revived a forgotten Osage art.