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More than 460 lots will go under the hammer on October 25.

Cheffins will now be hosting a jewellery, silver and watches sale twice a year from the firm’s rooms in central Cambridge.

Steven Collins, head of jewellery, silver and watches at Cheffins, says: “As the jewellery market continues to see price rises and watch values also hold firm, it was an obvious decision to create a specialist sale within the Cheffins calendar. The silver market also remains strong, particularly for the most highly regarded silversmiths many of whose work is now making high prices at auction.”

He adds: “This sale has a comprehensive jewellery section with hundreds of rings, bracelets, brooches, necklaces and earrings to suit all budgets. These vary from high-value diamond brooches through to smaller items which have estimates below £100. We have a good mix of antique and contemporary jewellery, with historic items sitting comfortably alongside newer pieces. A particular highlight is also a diamond and emerald suite including a ring, earrings and bracelet which has an estimate of £2000-4000.”

Stand-out lots

One of the potential highlights is a three-stone diamond ring with the total estimated weight of diamonds in excess of 3cts, estimated at £3000-5000. The same estimate applies to a late 19th century diamond brooch pendant with a total estimated weight of diamonds in excess of 5cts.

Among the 38 watches on offer, a c.1952 gentleman’s Rolex Oyster is guided at £1200-1500, while a lady’s 18ct gold Rolex Cellini has an estimate of £1000-2000. Included in the sale are both classic styles from the 1950s, ‘60s and ‘70s and also newer, contemporary examples from the ‘90s and 2000s. There is also a series of antique silver and gold pocket watches.

In the silverware section, a stand-out lot is a 20th century silver travelling ensemble by Garrard & Co which includes a 174 piece set of flatware, dating back to 1925. This has an estimate of £3000 - £5000. Other highlights include a 112-piece 20th century silver cutlery collection which has an estimate of £1500-2000 and a William IV silver hot water jug by famous silversmith, Paul Storr, which is guided at £1500-3000.

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Steve Collins will run the new dedicated silver, jewellery and watches auctions at Cambridge auction house Cheffins.

Steven Collins joined Cheffins in April. He has spent over 30 years in the industry and his experience includes Asprey, Garrard & Co, the London Assay Office and a series of other jewellers.