Professor Shaw’s jewels outsell estimates

| November 30, 2012 | 0 Comments
Rolex Oyster 18ct gold, diamond and emerald ladies wristwatch

The late Professor Leonard Shaw’s collection of fine jewellery and wristwatches has sold for £37,460 at the Martel Maides auction on Thursday (29 November).

Over 60 lots went under the hammer, exceeding reserve prices and making £10,000 more than estimated. This latest sale adds to his diamond collection that was sold at auction in Geneva last week for more than £580,000.

The lots included a lady’s 18ct gold, diamond and emerald Rolex wrist watch, which sold for £8500, as well as a wide range of other antique and modern jewellery including brooches, rings, earrings and bracelets.

James Bridges, Martel Maides Auction Director said: “The sale of the Professor Shaw collection was very successful achieving a hammer total of 50% above pre-sale expectations. The saleroom was packed and competition was intense. The large price range meant it was suitable for all budgets which is why it generated such a huge interest.”

Mercator Trustees Limited, who are the administrators of Professor Leonard Shaw’s estate, has also arranged for other remarkable items from the estate to be included in Sotheby’s Important Furniture & Decorative Arts sale on 4 December and the Old Master Paintings sale on 6 December in London.

Professor Shaw’s firearms collection, dating back to the late Renaissance, will be sold by specialists in London, Thomas Del Mar (in association with Sotheby’s), on 5 December.

The majority of the furniture, antiques and decorative arts from the estate will then be featured at a single owner sale, “The Professor Leonard Shaw Collection”, to be held at Martel Maides in February 2013.

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