Gold rush

As is always the case, in recent times of economic uncertainty, the value of commodities has increased. The price of gold has been high since the economic crash of 2008 and continues to be so today. This keeps hammer prices high for those heavier gold items with bidders competing from all over the world for groups of chains, rings and fobs among other items. McTear's evening Jewellery Auction on 14 March features several such lots.

GROUP OF GOLD JEWELLERY most items marked for nine carat gold; including one eighteen carat gold signet ring; one diamond set ring with central stone missing, hallmarks rubbed but tests for nine carat gold, 114.5g gross, note: two of the chains with metal clasps

Gold has always been the ultimate form of portable wealth. Early fascination with the material was seen in ancient Egypt where gold was reserved exclusively for royalty and people of important nobility. An external show of wealth, many cultures have coveted the substance and of course continue to do so today. 

FOUR GOLD CHAINS comprising a nine carat gold fancy link chain, 18.9g; a fancy link watch chain with dog clip clasp, marked 375, 38.7g; a double wheat-style watch chain with dog clip clasp, marked 375, 38.2g and a belcher link necklet marked 375, 7.7g

Lot 672 in the upcoming Jewellery Auction is a group of four gold chains. This lot comprises two watch chains along with two other necklaces and is estimated at £700–£900.

Lot 679 is a mixed lot of gold which includes lockets, chains, rings and other items. This is estimated at £800–£1200.

EARLY TWENTIETH CENTURY GUARD CHAIN WITH LOCKET the chain marked 9c, the locket with engraving and hallmarked for nine carat gold, 18.7g gross

If you are looking to start with something smaller, lot 677 is a nine-carat gold guard chain with locket estimated at £150–£250.


Please click here to view these lots plus many more in the current auction catalogue >>

McTear’s sells more jewellery than any other traditional auction house in the dedicated jewellery auctions that take place twice monthly, run concurrently live online on a platform that attracts six million visitors annually from over 120 countries worldwide.

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