Tuesday 24 September 2024

Lot 15

Gilbert Albert. A gold diamond set necklace, with brilliant cut diamonds claw set to the...

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Lot 15

Gilbert Albert. A gold diamond set necklace, with brilliant cut diamonds claw set to the...

Price Realised: £722

Estimate: £500 - £700

Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).

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Lot 15

Description

Gilbert Albert. A gold diamond set necklace, with brilliant cut diamonds claw set to the centrepiece, and barrel link chain, maker's mark, stamped 750, length 39cm, together with Gilbert Albert suede pouch

Born in 1930 in Geneva, Gilbert Albert’s prodigal talent was recognised from a young age and he was admitted to the l’Ecole des Arts Industriels. The school enabled Albert to engage with his interest in all aspects of design and modern sculpture, putting him in contact with the work of Brancusi and Mondrian. In 1955, at the youthful age of 25, he began working for Patek Philippe as a designer and head of workshop. His seven year stint at the firm was wildly successful, winning the company the DeBeers Diamonds International Award - the Oscar of the design world - three times consecutively. His iconic collections, particularly ‘Ricochet’, remain highly sought after collectible items for their asymmetric and angular faces. Following on from Patek Philippe, he worked with Omega. This collaboration continued his success streak, winning the DeBeers Award two times further under the company name. In 1962, however, the Swiss jeweller moved away from watchmaking to establish a jewellery house and open his own atelier. This daring business move is commonly attributed to the advice given by his tutor from l’Ecole des Arts Industriels: ‘if you want to succeed, do what others will not do.’ The jewellery he designed in this period was even more groundbreaking than his previous collections. As the first designer to set meteorites into fine jewellery, he created incredible contrasts between roughly hued and unconventional raw materials with highly polished, textured 18 carat gold. This innovative approach earnt him five more DeBeers Awards in his own name, totalling to a previously unprecedented ten awards in his lifetime, earnt between 1958 and 1988. His works have been widely exhibited around the world, including Paris, New York, Dubai and Johannesburg. He was the first living artist to be invited to show his pieces at the Kremlin in Moscow since 1917.

Buyer's Premium

The buyer shall pay the hammer price together with a premium thereon of 26% up to £20,000 (31.2% inclusive of VAT), 25% from £20,001 - £500,000 (30% inclusive of VAT), 20% from £500,001 thereafter (24% inclusive of VAT). The premium price is subject to VAT at the standard rate.

VAT
VAT is not charged on the hammer price unless it is stated that there is 'VAT applicable on the hammer price at the end of the description. Buyer's premium is subject to VAT.
(ARR) - ARTIST'S RESALE RIGHT

Qualifying living artists and the descendants of artists deceased within the last 70 years are entitled to receive a re-sale royalty each time their work is bought through an auction house or art market professional.

It applies to lots with hammer value over £1,000 as follows:
0 to £50,000 - 4%
£50,000.01 to £200,000 - 3%
£200,000.01 to £350,000 - 1%
£350,000.01 to £500,000 - 0.5%
Exceeding £500,000 - 0.25%
ARR is capped at £12,500

Please note ARR is calculated in euros. Auctioneers will apply current exchange rates.

Export of goods

Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding. The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.

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