Hammer & Co Est. 1897 · New York
(212) 555-0184
A graduated strand of natural pearls with an antique diamond-set clasp, coiled on charcoal velvet.
Plate 11 · The lot as offered, photographed on the plate.

HC-2602 Fine Jewellery, Watches & Silver


Lot 11 Live

Unsigned

The clasp English, circa 1910

A single-strand natural pearl necklace with a diamond clasp

Natural pearls with a platinum and diamond-set clasp

Length 17 1/4 in.; the pearls graduating from 4.9 to 8.7 mm


Estimate
$45,000 – 70,000
Current bid
$52,000 19 bids
Closes in 4d 11:40:07

All sale times are stated in New York time, the saleroom’s own.

HC-2601 · The programme

Old Master Paintings & European Works of Art

Painting and sculpture from the sixteenth century to the close of the eighteenth, catalogued over four months. Lots close in sequence at two-minute intervals from the stated time; a bid inside the final three minutes extends that lot by three minutes.

The house

Ten departments, and a specialist behind each

An attribution is stated at the strength the evidence bears and no higher. A restoration is described as a restoration. The house has been doing it this way since 1897.

A cataloguing room with sale catalogues stacked on a long oak table beneath brass lamps.
  1. 01 Old Master Paintings Sep 28
  2. 02 Modern & Contemporary Nov 10
  3. 03 Chinese & Asian Works of Art Oct 10
  4. 04 English & European Furniture Oct 15
  5. 05 Jewellery Sep 30
  6. 06 Silver & Objects of Vertu Sep 28
  7. 07 Rare Books & Manuscripts Oct 27
  8. 08 Antiquities Sep 28
  9. 09 Watches & Clocks Sep 28
  10. 10 Carpets & Textiles Sep 28

Before you bid

Everything that decides what you pay, printed

01

The increment table

Bids step by a published ladder, not a percentage. Under $200 the step is $10; at a million it is $100,000. The next admissible bid is printed on every live lot, and the clerk will not take a figure between two rungs.

See the table

02

The buyer’s premium

The hammer price is not the price. A premium of 27% is added on the first million, falling on a regressive scale above that. Every lot page shows the whole working and the true total.

See the calculation

03

The reserve

A confidential minimum below which the seller has instructed us not to sell. It may never exceed the low estimate. We publish whether it has been met — not what it is.

Conditions of sale

04

Anti-sniping

A bid inside the final three minutes of a timed lot extends that lot by three minutes, and only that lot. A sale should be won by the highest bidder, not by the fastest connection.

How it works

On the plinth

A lot is turned, not displayed

In the viewing room nobody looks at a photograph. They pick the thing up, turn it to the window, and put it down again on the other side. This is the nearest a page gets: Flemish School, lot 14, on a plinth you can turn.

  • The plate, as the catalogue prints it.
  • The detail the specialist would point at first.
  • The surface under raking light, which is where condition lives.
  • The cataloguing card that would be pinned to the back of the frame.
A dark Flemish still life of fruit, a silver tazza and drapery in a moulded gilt frame, photographed on a warm paper plate.
A dark Flemish still life of fruit, a silver tazza and drapery in a moulded gilt frame, photographed on a warm paper plate. — the tazza.

Lot 14

Still life with fruit, a silver tazza and drapery

Flemish School · Antwerp, third quarter of the 17th century

Oil on canvas

34 1/4 × 45 in. (87 × 114.3 cm)

Estimate $120,000 – 180,000

Condition: Very good

A dark Flemish still life of fruit, a silver tazza and drapery in a moulded gilt frame, photographed on a warm paper plate. — the lemon.

The plate

Drag it, or use the arrow keys. The fourth face is the card that would be pinned to the back of the frame.

Not testimonials

What is written down, and how long it is kept

A saleroom is not judged on what anyone says about it afterwards. It is judged on what it can evidence. Here is the record a lot accumulates on its way through the house, in the order it accumulates it.

1 of 7

  1. I Entry I

    Received and receipted

    Nothing enters the building without a receipt naming the person who brought it, the person who took it in, and the hour. The property is marked with a temporary number before it is put down.

    Day book · held six years

  2. II Entry II

    Catalogued by a specialist

    A department head writes the entry. Attribution is stated at the strength the evidence bears and no higher — School rather than a hand, circle rather than studio — and the entry says which it is.

    Catalogue file · held permanently

  3. III Entry III

    Condition reported

    A written report before the sale, not on request afterwards: grade, structure, surface, restoration, and what ultraviolet examination showed. A restoration is described as a restoration.

    Condition file · issued to every enquirer

  4. IV Entry IV

    Photographed on the plate

    Overall, detail and a raking-light macro of the surface. Letterboxed rather than cropped to flatter, and lit the same way for every lot in the sale so two plates can be compared.

    Plate archive · held permanently

  5. V Entry V

    On view, and handled

    Three days of viewing in which the lot can be taken out of the case, turned over and looked at under a lamp by anyone who asks. A saleroom that will not let you handle the thing is selling you a photograph.

    Viewing register · held one year

  6. VI Entry VI

    Sold, or not sold, and published

    Every lot is published after the sale with what happened to it, including the ones that did not sell. A results page with no passed lots on it is not a results page.

    Results ledger · published and held permanently

  7. VII Entry VII

    Settled

    Thirty-five days after the sale, on cleared funds, with the account showing hammer, commission and every charge itemised against the lot number it belongs to.

    Settlement account · held seven years

In place of testimonials

Prices realised this season

A house publishes results, not testimonials. These are the notable prices of the last three sales.

Notable prices realised, with hammer price and sale date
Lot Description Department Estimate Hammer Date
HC-2544 · 7 A silver two-handled cup and cover London Silver & Objects of Vertu $40,000–60,000 $88,000 September 9, 2026
HC-2544 · 71 A fine Persian rug Persian Carpets & Textiles $9,000–14,000 $26,000 September 9, 2026
HC-2544 · 19 A pair of cast silver candlesticks London Silver & Objects of Vertu $12,000–18,000 $15,000 September 9, 2026
HC-2544 · 44 A Regency mahogany library table English English & European Furniture $6,000–9,000 $11,500 September 9, 2026
HC-2544 · 58 A bronze bust after the Antique Italian Old Master Paintings $5,000–8,000 $7,000 September 9, 2026

Hammer prices are stated before the buyer’s premium. The total paid by the buyer is the hammer price plus the premium on the scale set out in the conditions of sale. Every figure on this table is fictional and is printed to show how the house publishes a season, not to record one.

A polished auctioneer's rostrum with a worn gavel resting on its sound block.

Selling

Bring us one thing, or bring us a house

Auction estimates are free and without obligation. Seller’s commission is 12% of the hammer price, with photography, cataloguing and insurance while in our care included in it.

  • A specialist looks at everything. Nothing is triaged by an algorithm.
  • We will tell you when a thing is worth less than the cost of selling it.
  • Settlement 35 days after the sale, on cleared funds.