Ann S.
Yelp
My husband had consigned a painting to Butterfield's about 17 years ago, and while he was not thrilled with the price he got, he felt that it was fair. I had taken my jewelry to Bonham's and Butterfield's as a lark, after having it looked at by Sotheby's and Christies. The Christies appraisal was done online from photographs.
Sotheby's did not accept the jewelry (which I did not expect them to, their jewelry at auction begins at $50,000,I was there for Asian art) but agreed with the appraisal which I brought with me from a reputable jeweler from Palo Alto. Christies appraisal was lower but the person I was corresponding with said that I should send the items to New York for further inspection. Christies appraisals came in at twice to three times the Bonhams prices.
I took the items in the Bonhams Butterfields and was greeted by their jewelry person who I assumed was their appraiser. She did a short appraisal with a loupe of the diamond and gold bracelet and pronounced that it had x number of carats of diamonds. This was off by almost 4 carats. She did get the 18 karat gold correct. Her auction price was quite a bit lower than Christies price. The pin which was covered with carved rubies, emeralds and sapphires was dismissed as probably defective because the stones were carved, therefore terribly occluded. That pin got an extremely low appraisal which was way lower than Christies. I also brought in a three-strand gold heavy necklace weighing in at over 220 grams. The appraisal came in as scrap metal.
All of these items came from the estate of my great-aunt, the granddaughter of Henry Flagler, the founder of Standard Oil, with John D. Rockefeller. Henry Flagler was also the person who brought the railroad down to Florida, and founded Palm Beach and other cities in Florida. In other words, the provenance of the jewelry is impeccable.
This week I brought proof of her mistakes in her appraisals. Her response was that she stood by her appraisals, even though I showed her the 11 3/4 carats diamond weight on the bracelet, and the platinum on the bracelet.
The appraisal on the brooch showed the stones to be very good quality emeralds, rubies, and sapphires with only mild occlusions which are to be found in all gems of that type.
The necklace is worth considerably more than scrap metal. I could sell it if I wanted to at my jewelers for many times what she offered.
Needless to say, I was totally disgusted.
Since I do not need to sell my jewelry, I will enjoy it for many years and probably hand it down to my daughter. And if she would like to sell it, I will give her the name and email address of Heather at Christies.