Bunda holding first Internet auction Friday
New York--Bunda Jewelry Appraisers & Auctioneers will hold its first online auction on Friday, with the first lot closing around noon.
A total of 48 pieces comprise the auction, a mix of seized jewelry from the Manhattan District Attorney’s Office, consigned pieces from private owners and jewelry from the estate of Ethel Warner, a New York resident, Mark Bunda said.
The top lots include No. 16, a diamond and platinum triple band set with 15 round brilliant-cut diamonds totaling about 4.95 carats and 50 round brilliant-cut diamonds totaling about 3.50 carats (starting bid $3,000) and Lot No. 3, an antique-style 18-karat gold and diamond brooch. The pin (below) is set with 231 rose-cut and old European-cut diamonds totaling 11.50 carats (starting bid $3,000).
Bunda, who hasn’t done a auction in several years, said he decided to hold this online sale after seeing the success Christie’s had with the online portion of actress Elizabeth Taylor’s collection.
“With the Elizabeth Taylor sales ... there was a huge collection that they sold online. So I thought people are ready for it now. People are firmly accepting of online now,” whereas they weren’t five years ago, he said.
Online bidding in the auction began on March 21, and the lots begin closing on Friday. To see the pieces in the sale and bid, visit Bunda’s Jewelry-Time website.
Those who want to see the jewelry can do so at Bunda’s office. He said anyone who isn’t comfortable placing a bid online can call his office at 212-489-6553 to have it placed for them.