For some reason, boxes of any kind have been a staple of collectability across all ages, income brackets and societal demographics. It doesn’t matter what era the box comes from – all sizes are sought after. From small snuff boxes (as we have written about) to large humidors.
Boxes can be used for carrying just about anything – valuables, jewelry, keepsakes, business cards or pills – or can simply be decorative. They can be made of rare woods, crystal, gold, silver – or even horn, ivory or tortoise shell (though the last few are highly protected now).
This week, a Sarasota jeweler purchased this bejeweled and engraved silver box. While the silver value is less than $50, we paid $2,000 because of its incredible art deco design and fine gemstones. There are approximately 50 small, old-cut diamonds, 3 carats of natural rubies, 1 carat of natural emeralds, and 55 carats of natural aquamarine. It is for sale in either of our stores by appointment for $2,900.
This is a great illustration of valuation theory – because to manufacture something like this today would be virtually impossible, and would probably cost around $8,000 to $10,000 to replicate. Insurance replacement value would have to be discussed with your insurer because it would be impossible to replicate for the $2,900 retail value. We believe it was made in Austria or Italy circa 1930 because of the style and fine craftsmanship, along with the silver and hinges.
Let us bid on your valuable antiques, jewelry and watches. You have seen us in Forbes Magazine, the New York Times and the Wall Street Journal. ALL RIGHTS RESERVED
We are internationally known buyers of fine gems and watches No estate too small or too large.
JEFF HESS, Owner & Appraiser.
Comments, questions or suggestions for this column, please send to jeffreyphess@aol.com.
St. Petersburg 1131 4th St. N, St. Petersburg FL 33701. 727.898.4377.
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Old Northeast Jewelers, Fine Jewelry and Watches, Buying and Selling since 1984.