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18-D Maine Antique Digest, March 2017

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FEATURE -

Antique Jewelry & Gemology

Turnbull Jewels Perform Well

by Mary Ann Brown

Photos courtesy Joseph DuMouchelle

J

oseph DuMouchelle’s jewelry sale on December 15, 2016,

was held at the Lotte New York Palace in New York City

and simulcast to Birmingham, Michigan, where “twenty-

five-plus phone workers” took the bulk of the bids, according

to Melinda Adducci, G.G., vice president of the company.

There were also people working the phones in the New York

sale location. Though live, it “was not a sit-down auction.”

There was phone and Internet bidding. Adducci explained

that they “just don’t see people—especially in December—

taking the time to come and sit anymore.” DuMouchelle did

have a sit-down auction in June 2016, but “again, most of our

bidders—ninety-nine percent of them—were on the phone.”

Adducci said that the auction house knows it is “important to

have the preview in New York. We also did a good preview in

Michigan.” (Joseph DuMouchelle has offices on Fifth Avenue

in New York City, Worth Avenue in Palm Beach, Florida, and

Fifth Avenue in Naples, Florida, in addition to its home base in

Birmingham, Michigan.)

When I asked what the most memorable aspect of the sale

was, Adducci said, “I would say the range of quality goods

that we had overall. It was a wonderful culmination of pieces

that came together from estates. It had depth to it—something

for everyone—which doesn’t always happen in our sales.”

Adducci explained that DuMouchelle builds its sales “from

the true aspect of the estate world and traditional auction

house methods,” and noted that “a lot of online auctions now

are really dealers that have already bought from an auction,

or they’re looking for another method to sell. It’s a so-called

‘loaded’ sale.”

Adducci and her business and marriage partner, Joseph

DuMouchelle, were “extremely happy” with the results of the

sale, especially given the fact that December is such a busy

time of year, and people are often distracted by so much going

on.

Adducci had written an e-mail to me in advance of the sale

when she realized that many pieces of antique jewelry formerly

in the collection of Edward Augustus Turnbull (1856-1916)

and Emma Aileen (Tinkham) Turnbull (1866-1944) could be

highlights of interest to our readers. After the sale, she said,

“It’s always a pleasure to see vintage jewelry come out of the

family vaults.”

The family who consigned the Turnbull jewelry supplied

DuMouchelle with an informative historical brochure telling

the story of the lives of Edward A. and Emma Tinkham

Turnbull, from which I synopsize:

Edward Augustus Turnbull was born in Alnwick,

Northumberland, England in 1856. Educated in private

schools, he worked in London for a tea import house for three

years after graduation. Afterward he went to South Africa for

a short period of time. In 1876 he immigrated to the United

States, locating first in New York, where he was employed as

a manager at the Western Union Telegraph Company. A few

years later he moved to Cleveland and then in 1882 moved

to Grindstone City, Michigan, and became manager of the

Worthington Company.

While in Grindstone City, Edward met Emma Tinkham

of Grand Ledge, and they married on May 20, 1884. The

Tinkham family had lived in Grand Ledge since 1861 and was

well established there. Emma was one of four daughters born

to William Maxon Tinkham (1845-1899) and Sarah (Hixson)

Tinkham (1849-1917), who built and operated the Tinkham

House, one of the first hotels to be built in the town. It became

known as the Grand Ledge House after 1899.

In 1889 Edward and Emma moved to Grand Ledge where

they ran a grocery business until 1893. Soon after they became

co-owners of the Grand Ledge Chair Company. They were

eventually the sole proprietors of that business, which thrived

under their ownership.

The company saw much expansion, and Edward Turnbull

didn’t stop there. He made a large investment in a new company

that became the Grand Ledge Clay Products Company, owned

by R.E. Olds and John W. Fitzgerald. (Olds was the founder of

Oldsmobile and later the REO Motor Car Company. Fitzgerald

was the father of Michigan Governor Frank D. Fitzgerald and

grandfather of Michigan Supreme Court Chief Justice John W.

Fitzgerald.)

After her husband’s death, Emma Turnbull took charge of

the companies, which was practically unheard of in 1916.

According to the family-supplied brochure, “Emma was the

first and only woman to own and head a furniture company

anywhere in the United States. She was definitely competing

at the highest levels in what was considered, at that time,

a man’s world. Emma proved to be a strong and effective

manager of the businesses that she oversaw. She was also

a compassionate employer and was well respected by her

competitors in the furniture industry.”

The top items in the sale didn’t veer very much from

existing market trends—Art Deco designs, signed pieces,

and colored stones from the “right” places in the “right”

colors are bringing consistently strong results.

A signed Cartier Art Deco natural pearl, platinum, and

diamond clip brooch sold with buyer’s premium for $27,500

(est. $15,000/25,000). From the Turnbull collection, an

Art Deco Kashmir sapphire and diamond ring mounted in

platinum with a blue sapphire weighing approximately 1.53

carats sold for $31,250 (est. $15,000/25,000).

Other antique items from the Turnbull collection also

exceeded presale estimates. An Edwardian platinum and old

European-cut diamond twin ring with a 2.99-carat diamond,

F color, VS2 clarity, and a 2.89-carat diamond, D color,

VS1 clarity, sold for $50,000 (est. $15,000/25,000). An

antique 18k yellow gold, Kashmir sapphire, and diamond

ring with a central oval mixed-cut natural sapphire weighing

approximately 1.59 carats was accompanied by an AGL

report stating that the origin of the sapphire was classic

Kashmir and had no heat enhancement. It realized $36,250

(est. $15,000/25,000).

Adducci also spoke cautiously about a trend that she is

starting to notice when I asked if there was anything new

happening in the market. “This is really early—but I do see

an interest in saltwater cultured pearls again.”

She explained, “When the Chinese freshwater market

took over in early 2000, it crushed the Akoya saltwater pearl

market. What I’m seeing now is that buyers are aware—

they’re going back in and they’re looking, and dealers, too,

at the bigger South Sea pearls.” And now “nice cultured pearl

strands will sell, whereas before they wouldn’t sell—we

could put them up for anything and we couldn’t sell them.”

When consumers had the choice, “they could buy Chinese

for nothing. But now, the especially nice quality, well-made

pieces that are interesting—maybe they have a lot more gold

to them, or they have some other aspect, a signature or how

well it’s made”—cause buyers to take notice.

“A really cool bangle bracelet that has pearls on it, too—

those pieces were not selling for a while. And I’m just starting

to see interest.” She reiterated, “This is an early interest.”

Signed pieces with cultured pearls “will definitely always

sell, like Mikimoto. If we get a Mikimoto anything,” clients

will buy it. She said, “We had a black strand of Tahitian

pearls in our December sale, and everybody was looking at

them.” The 17" long Mikimoto Tahitian cultured pearl and

diamond necklace in18k white gold had 45 pearls measuring

approximately 8.30 to 10.00 mm each, and the necklace sold

for $2250 (est. $500/800).

Joseph DuMouchelle has a newly designed website (www. josephdumouchelle.com) that went live while I was writing

this column. The company was also holding previews in

New York City for its January 26 sale at that time. Adducci

wrote in an e-mail that the auction included a Harry Winston

ring with a 15.02-carat pear-shape diamond, D color and

internally flawless, with an estimate of $1,000,000/1,500,000

and a platinum ring with a 9.68-carat marquise diamond, GIA

color I, clarity VS1, from the estate of Elaine Stern of Grand

Blanc, Michigan, with an estimate of $100,000/200,000.

Check out the new smartphone-friendly website for results

from that sale, and click on the “BidLive” icon to connect to

the current auction catalog.

“It’s always a pleasure to see vintage

jewelry come out of the family vaults.”

This 3" long Cartier Art Deco platinum,

emerald, diamond, and black onyx jabot pin sold

for $25,000 (est. $8000/12,000).

This platinum, Burma ruby, and diamond

ring with an antique central cushion mixed-

cut faceted ruby weighing 1.45 carats was

accompanied by an AGL report stating the ruby

is natural and of Burma origin. With presale

estimates of $10,000/20,000, it did not find a

buyer at the sale.

A number of items that saw strong prices were

from the Edward Augustus and Emma Tinkham

Turnbull collection. This antique yellow gold

and three-stone diamond gentleman’s ring sold

for $18,750 (est. $10,000/20,000).

This Colombian emerald, platinum, and

diamond ring from the Turnbull collection, set

with a central emerald measuring approximately

10.15 mm x 8.96 mm x 5.90 mm and weighing

approximately 3.95 carats, was accompanied by

an AGL report stating that the central emerald

is natural beryl, green color, with an origin

of Colombia, and has insignificant to minor

traditional clarity enhancement. It sold for

$4687.50 (est. $3000/5000).

This antique 18k yellow gold, Kashmir sapphire,

and diamond ring with a central oval mixed-

cut natural sapphire weighing approximately

1.59 carats was accompanied by an AGL report

stating that the origin of the sapphire is classic

Kashmir and it has no heat enhancement. It

realized $36,260 (est. $15,000/25,000).

This 7½" long Art Deco platinum and diamond straight line

bracelet brought $3000 (est. $2000/3000).