Amber: Liquid Gold

0641 - Amber Beads at Auction
A single row necklace of amber beads. Sold for £7,000

As documented in our previous blog posts on amber, the market for amber is undeniably incredibly buoyant.

Among the offering of amber beads in Toovey’s February auction was a single row necklace of nineteen large and thirty small vari-coloured oval and spherical butterscotch coloured opaque amber beads (gross weight approx 175.5g, total length approx 88cm). This necklace (illustrated right) sold under the gavel for £7,000. The prices for this fossil tree resin which starts out in a liquid form are about twice the current price for gold per gram for the right example.

The February auction included a number of other examples, a selection of which can be seen below.

Toovey’s jewellery auction on the 26th March 2014 includes another good selection of amber.

Green Light for Amber Beads at Auction!

Detail of Amber Beads sold at Tooveys
Detail of Amber Beads sold at Toovey's in January

Further to our blog post ‘Amber Beads in Fashion at Toovey’s‘ and Rupert Toovey’s article in the West Sussex Gazette ‘Prehistoric Treasure in Demand Today‘. We wanted to share some of the prices achieved for amber beads in our January auction on the 29th January. Highest price was £10,000 for a single row necklace of thirty-eight slightly graduated oval vari-coloured opaque and semi-translucent butterscotch coloured amber beads, total weight approx 255g, total length approx 110cm, length of smallest bead approx 2cm, length of largest bead approx 2.7cm.

More amber beads are consigned in our Specialist Sale of Jewellery on 26th February 2014. See lot numbers 640-664. If you would like your amber beads valued for possible inclusion into a forthcoming auction please contact our offices, pre-sale valuations are free of charge at our Spring Gardens salerooms.

Amber: Prehistoric Treasure in Demand Today

Amber – prehistoric treasure in demand today
Amber – prehistoric treasure in demand today
A necklace of forty-nine butterscotch amber beads, sold at auction for £11,000
A necklace of thirty-eight butterscotch amber beads, sold at auction for £10,000
A necklace of forty-seven brown and butterscotch amber beads with tassel pendant, sold at auction for £3,800

When collectors from China, India and the Middle East simultaneously decide to pursue the same collectors’ items, the effect on prices can be sudden and dramatic! In recent times the market for amber beads has been transformed with many thousands of pounds now being paid for the most sought-after examples.

Since the Neolithic period amber has been celebrated for its colour, beauty and supposed healing properties. In classical times, the Greeks called amber ‘electron’. According to myth, after the death of Phaethon, the son of Helios (the Sun), his sisters wept for him unceasingly and were changed into poplars. These trees continued to ooze tears, which were hardened by Helios into amber. This classical articulation of the origin of amber is not so far removed from our own understanding of amber as fossilised tree resin.

This sticky resin often captured insects and plant material, which can be seen in some examples of amber. The image of trapped insects in clear, golden amber found a place in contemporary culture at the heart of Michael Crichton’s novel ‘Jurassic Park’ and the subsequent film of the same title. Film fans amongst you will remember that in this story DNA extracted from the blood of a prehistoric mosquito preserved in amber was used to recreate dinosaurs.

Examples of amber with insect and plant inclusions were highly prized by Victorian collectors and aesthetes and until quite recently this transparent amber remained the most sought-after. But a recent change in fashion has resulted in another type of amber realising astonishing prices. It is less translucent with an almost milky quality to its appearance. ‘Butterscotch’ amber, as it is known, and its variants became fashionable in modern times during the 1920s. Interest has ebbed and flowed over the ensuing decades. Today this specific type of amber has captured the eye of collectors from the emerging economies of China, India and the Middle East, creating demand on a scale which was unimaginable only a short time ago.

This extraordinary change in the market has brought a good number of old amber necklaces to auction. Take, for example, the necklace arranged in the photograph as a heart. Comprising forty-nine mottled yellow butterscotch amber beads, weighing 278g and measuring 136cm in length, it sold in Toovey’s New Year’s Eve auction for £11,000 with competition from across the Near and Far East. The thirty-eight bead necklace illustrated, weight 255g, length 110cm, featured vari-coloured opaque and semi-translucent butterscotch amber beads and realised £10,000 in our January specialist jewellery sale a fortnight ago. The necklace of forty-seven brown and butterscotch amber beads, which realised £3,800 in November last year, was a favourite of mine. The beads had a flame-like quality to their appearance and were complimented by the charming tassel drop, finished with smaller beads.

Differences in prices paid for amber necklaces are largely attributable to the colour, number and size of the beads. They are not all as expensive to buy as these three; a reasonable example can still be found at auction for about £700. These days, though, you are as likely to find yourself up against a bidder from Mumbai or Beijing as you are against a bidder from London or the home counties. With global internet marketing providing a truly international shop window, these pieces are only a mouse-click away for specialist buyers across the globe and many in the emerging economies have deep pockets indeed at present. Another group of amber necklaces will be offered in our next specialist jewellery auction on Wednesday 26th February 2014.

By Revd. Rupert Toovey. Originally published on 12th February 2014 in the West Sussex Gazette.

Amber Beads in Fashion at Toovey’s

Detail of Amber Beads Sold Recently at Toovey's Auctions
Detail of Amber Beads Sold Recently at Toovey's Auctions

Amber is a fossil tree resin. It originates as a soft and sticky substance and, as such, sometimes includes animal and plant material or insects. Many people will remember amber as being the source of ‘Jurassic Park’ in Michael Crichton’s fictitious novel, with dinosaur DNA being extracted from the blood of a mosquito trapped in amber.

Since the neolithic period amber has been appreciated for its colour, beauty and supposed healing properties. It has always been seen as a status symbol since these prehistoric times. The transparent amber seen in the movie adaptation of Crichton’s novel is the image most people conjure into their mind when thinking of amber. Pieces containing insect inclusions were particularly prized among aesthetic Victorians. Historically, and up until quite recently, this type of amber was the most desirable.

A recent fashion change has lead to another type of amber realising astonishing prices. This amber is less translucent and almost milky in appearance. The ‘butterscotch’ coloured amber and variants of it were popular in the 1920s and have dipped in and out of fashion ever since. Today, this specific type has captured the eye of the emerging economies of China, India and the Middle East. With Toovey’s global internet marketing, these buyers are only a mouse click away. Over the last few months Toovey’s have had a good number of amber necklaces consigned to auction, many from a single private collector – a small selection is shown below. The highest price achieved to date was in Toovey’s end of year auction on the 31st December 2013. A single row necklace of forty-nine mottled yellow butterscotch coloured graduated amber beads, gross weight 278g, total length 136cm, achieved £11,000. Other examples can be seen by searching for ‘amber necklace’ in the archive on Toovey’s website. The price variations are largely attributable to the colour, number and size of the beads, as fashion reverts back to prehistoric times using amber as a symbol of status. Another group of amber bead necklaces will be offered in our specialist jewellery auction on the 29th January 2014.

Click on an image to enlarge.

The Revival of a Golden Age, Edwardian Jewellery

Pink Beryl Brooch sold at Toovey's
An Edwardian diamond and pink beryl pendant brooch, circa 1900

At the beginning of the 20th century, England had never been more prosperous. The English purchased more jewellery in the early years of this new century than in any other period in history.

The popularity of Art Nouveau and Revivalist jewellery continued in the spirit of the 1890s as people looked back to late 19th century tastes. The influence of the Arts and Crafts Movement was again felt as a demand for handcrafted jewels grew among this affluent society.

At its best, Edwardian jewellery interprets earlier styles with a lightness and delicacy of ornament and manufacture. The fashionable Edwardian lady wore her diamonds, pearls and precious gems with restraint, avoiding the Victorian tendency for ostentation. Restraint and exuberance marked out tastes in the light-hearted first decade of the century. Stones of intense, yet soft colours were favoured. Take, for example, the exquisite Edwardian jewel illustrated. This diamond and pink beryl pendant brooch, circa 1900, beautifully illustrates the appeal of an Edwardian Revivalist jewel. It measures 2cm x 1.7cm, this smaller size reflecting changes in women’s fashion. At the centre is the large pink beryl, claw-set in a surround of sixteen pinched collet-set, old-cut diamonds. The term ‘beryl’ covers a range of mineral-based stones, including emerald and aquamarine. The cut and setting of the diamonds also add to the air of restraint and softness of the piece. The pendant was owned by a continental lady, who had lived through the tumult of 20th century European history and had made her home in the heart of Sussex. At a recent specialist jewellery sale, its understated quality attracted the attention of contemporary connoisseurs of jewellery and it realised £15,500.

An Art Nouveau silver and enamelled bracelet by Charles Horner, Chester 1909

Less expensive examples from this period can still be found, like the Arts and Crafts-style bracelet in silver with blue/green enamelled rectangular and Celtic pierced-scroll panel links, also shown here. It was made in 1909 by Charles Horner, who manufactured this type of work in his Halifax factory in relatively large quantities, in response to fashion and demand. A bracelet like this would realise around £700 at auction today.

A gold, plique-à-jour enamel and rose diamond-set pendant in an Art Nouveau design

The gold, plique-à-jour enamel and rose diamond-set pendant illustrated is a delightful example of Art Nouveau design. It is decorated with the portrait of a maiden between two rose diamond-set flowerhead motifs above a cultured pearl drop. Plique-à-jour is a technique where enamel is applied to cells without backing; it gives the impression of miniature stained glass windows. The Art Nouveau seeks not to slavishly depict nature but rather to capture something of its essence. This appeal helped the pendant to realise £680 in spite of faults to the enamel.

All these pieces reflect the joy and light-heartedness of a new century, a punctuation mark in the procession of history before the tragedy of war and revolution broke upon Europe. The first decade of this new century was filled with expectation. The outbreak of the Great War in 1914 brought this extraordinary and particular period of patronage and manufacture to an abrupt close. Jewels were locked in security vaults or sold for survival.

Today this jewellery attracts attention and competition from across Britain and from around the world including the USA and, increasingly, China. Its quality of design, material and manufacture places it out of time and its continued appeal, it would seem, is as assured at the beginning of this new century as it was in the last.

Toovey’s specialist jewellery auctions can be viewed here.

By Revd. Rupert Toovey. Originally published on 1st May 2013 in the West Sussex Gazette.