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Phone: 866-426-6901

www.rivertradingpost.com

314 N. River Street

East Dundee, IL 60118

W

ILL

N

ATIVE

A

MERICAN

J

EWELRY

P

RICES

S

OAR

?

Arts of Native America

The auction market for classic Native American Jewelry seems to be on the upswing.

Fine Squash blossom necklaces, necklaces, cuff bracelets, Zuni and Navajo rings seem to

be commanding premium prices at today’s auctions. This is a sharp trend reversal from

auction performance of just a few years back.

In recent years, many people have been buying old jewelry for the silver value alone. Un-

fortunately, many very fine and collectable pieces were sold for scrap or melt by people

who didn’t understand that there may be artistic value well beyond the value of the metal.

Silver prices have hovered around $15.00/ounce for the past few years. Your local pawn

shop might offer around $20.00 (based on its silver content) for a treasure that can be

worth several thousand dollars. Recently a Charles Loloma tufa-cast bracelet sold for

$10,000. The silver value was just about $50.00. Obviously the art is worth much more

than the silver content.

Prices for quality authentic American Indian jewelry are indeed climbing. Todays’ buyers

do well by getting in on the ground floor with the best and the brightest of the contempo-

rary artists before their work is out of reach. People like Edward Charlie and Edison

Cummings.

It took nearly 40 years following Peshlakai’s passing for his highly prized pieces to reach

the astronomical prices commanded today. It’s a good bet that today’s finest jewelers will

be tomorrow’s Peshlakais.

This Fred Peshlakai bracelet sold for $6,500

at a recent J. Levine Auction.

Contemporary bracelet by Edward Charlie,

2015 IACA Artist of the Year. What will the

future hold for Charlie’s work?