The Melissa Caddick name did nothing to deter buyers from snapping up the missing con woman’s diamond and gem-studded jewellery collection in Sydney last week.
Bidding was fast and furious at the Smith & Singer auction with all 54 lots sold – a 100 per cent clearance rate is unheard of in jewellery sales. The auction raised a total of $720,800 on the hammer, double its low estimate of $411,700 – or 175 per cent by value.
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Gabriella Coslovich is an arts journalist with more than 20 years’ experience, including 15 at The Age, where she was a senior arts writer. Her book, Whiteley on Trial, on Australia’s most audacious of alleged art fraud, won a Walkley in 2018.
