The auction also features a selection of historic and modern jewels from all periods and from iconic jewelry houses such as Boivin, Boucheron, JAR and Van Cleef & Arpels, including a curated group of jewels from the 1970s. * A gold “Serpernti” bracelet-watch by Bulgari, 1960s, featuring marquise and circular-cut diamonds, and cabochon rubies. However, the health crisis linked to Covid-19 led to a drop in auction sales for the two art multinationals. The top lot in the sale are platinum and gold earrings (second photo) that feature a pair of pear-shaped brilliant-cut diamonds of 10.06 and 10.03 carats (both D-color, internally flawless, Type IIa), a fancy intense blue pear brilliant-cut diamond of 2.05 carats (VVSI clarity), a fancy grayish-blue pear modified brilliant-cut diamond of 2.06 carats, fancy intense pink marquise brilliant-cut diamonds of 1.07 (SI2 clarity) and 1.06 carat, and circular-cut diamonds. Estimate: ... [+] $918,000 - $1.5 million. Colombian emerald and diamond parure, circa 1770, offered by Sotheby's. Its estimate is $833,727 - $1.1 million. Asians also obtained 9 of its 20 “top lots” for the year. Sotheby’s sale has 102 lots on offer while Christie’s is offering 158. Although Christie’s clocked up more auction sales than Sotheby’s, $6.5 billion against $6 billion (the rest comes from private sales they broker), the two firms have broadly similar overheads. * A fancy colored platinum and diamond necklace by Harry Winston composed of a line of variously cut fancy colored diamonds weighing from 0.78 to 1.30 carats, alternating with brilliant-cut diamonds. A couple of them are really fantastic.”, The 14.83-carat 'Spirit of the Rose' has an estimate of $23 - $38 million. Estimate: $1.6 - $2.6 million. Sotheby's has had to catch up on its rival Christie's, which has been playing at the luxury game since the early 2010s. Only 1-2% of mined diamonds receive this classification. The number two lot is a platinum and gold ring featuring a 28.88-carat, VVS2, fancy vivid yellow rectangular step-cut diamond (fourth photo) with an estimate of $2.6 million - $3.6 million. China represents a crucial part of Kering’s sustainable development strategy, Louis Vuitton : The most sought-after luxury brand on Google among millennials, according to SEMrush, Luxury: a stock market beginning with interesting potential at the start of the year, American elections 2020 : the American fashion and luxury trade worried. Christie’s reveals that it has made more sales of high-value items in online sales than in physical sales, and the multinational company is experiencing a 57% increase in online sales to $1.3 billion. Study: Faced with the different appellations of diamonds, how do consumers find their way around? Upwards of 500 lots are normally on offer. offered by Christie's. The live auction will be held November 11 at 8:30 p.m. CET (2:30 EST). Normally, he says, there are more than 10 dealers and perspective buyers in a room sitting at separate tables who are able to view the jewels simultaneously. In 2010, a federal judge ruled against Minor and he was barred from bidding again at either Sotheby’s or Christie’s by the two auction houses. The past year has been a roller-coaster ride. It is one of nine items being offered by the London jewelry house. It’s unclear whether these are brooches, earrings or have other uses. Meeting with Sylvain Gandolfo Director of ISG Luxury Management, [The Luxury Journals] Pauline Laigneau (Gemmyo) : “Le Gratin brought me the fresh air I needed!”, Luxury hotels: Palaces focus on take-away sales, Gucci unveils first images of its outdoor-chic capsule with The North Face. The two auction houses Sotheby's and Christie's proved their resilience by adapting to new health measures implemented throughout the year, conducting more... Now Reading In 2020, Sotheby’s surpasses Christie’s in the world He remains in Geneva as travel in and out of the country is difficult. Its estimate is $1.3 million - $1.5 million. * A rare chrysoprase, coral, onyx and diamond necklace by Van Cleef & Arpels with a detachable pendant that can be worn as a brooch with an estimate of $33,353 - $44,471; A Marina B diamond, sapphire, emerald, onyx and gold choker and earrings set offered by Christie's. It’s one of six lots being offered by the Parisian jewelry house. Christie’s Magnificent Jewels Sale, November 10, 3 p.m. (9 a.m. EST). An 18.03-carat D-color, flawless cushion-shaped diamond is the top lot of Sotheby's Geneva sale. [EN] CLAIRE DOMERGUE, A SPECIALIST IN COMMUNICATION IN THE LUXURY SECTOR, HAS SURROUNDED HERSELF WITH EXPERTS TO CREATE THE FIRST MEDIA DEDICATED TO THE ECONOMIC NEWS OF LUXURY AND FASHION. Tom Ford: Luxury watches made only from ocean waste, The responsible project of Neoline receives the support of Hennessy & Co, Kering will pay an interim dividend of 2.50 euros in connection with 2020, Luxury travel: Traveller Made welcomes more than 70 new members and partners, The market for second-hand watches and jewelry is growing in strength, The world of vintage watches is gaining popularity, PARIS STOCK EXCHANGE: LUXURY AND COSMETICS STOCKS BOOSTED BY THE PROSPECTS OF AN AGREEMENT BETWEEN THE EUROPEAN UNION AND CHINA. Its estimate is $222,354 - $333,531; A Van Cleef & Arpels onyx, coral and diamond brooch and earring set offered by Christie's with an ... [+] estimate of $33,353 - $44,471. This includes the jewelry sales being held by Christie’s and Sotheby’s. The emeralds range in size from 1.88 carats to 9.61 carats and include cushion, pear and octagonal shapes. Its estimate is $1.7 million - $2.7 million. Only two works of art alone sold for more than $25 million at auction, compared with nine last year. “It’s impossible for a second person to do a viewing [at the same time]. Art Deco diamond necklace by Cartier, circa 1925 offered by Sotheby's. Sotheby’s says this parure is a “rare and very fine example of late 18th century jewelry … in its original form.” Its estimate is $700,000 - $1 million. In response, spokespersons for Sotheby’s and Christie’s said their live sales will be held without an audience. Alexandris says while these restrictions are unavoidable, it makes it difficult for him and other jewelry trade professionals to do their jobs because they need a full day at each auction house to see all of the jewels. Its mouth contains a watch with a mechanical movement with a dial signed Jaeger-LeCoultre. “I think it’s the right time to buy goods if you have the money. ... [+] Estimate: $22,235 - $33,353. Patrick Drahi, owner of Sotheby’s, and François Pinault, with his house Christie’s, are the first to regain the upper hand this year, with more than $5 billion in sales for the American company (down 16% compared to 2019), compared to $4.4 billion for the British company (down 25%). * A 102.41-carat diamond with light brown color, S to T Range, and VVS2 clarity. In addition, both auction houses canceled public previews and will only hold private viewings by appointment. For Sotheby’s, auctions represented $3.5 billion, a 30% decrease from 2019, while for Christie’s, the decline is estimated at more than 40%, to $2.8 billion. The Geneva auctions held twice per year are the most anticipated in the world of important collectible jewelry, offering a mix of exceptional diamonds and gemstones, royal and noble jewels, historical pieces with important provenance, and highly sought after signed and period pieces. Christie's and Sotheby's have rich histories. Sotheby’s international team has cultivated strong relationships with the key collectors in the field, ... Sotheby's Chinese Works of Art Department holds two auctions each year in London, New York, Hong Kong and Paris. That makes four persons already. A Bulgari emerald and diamond necklace offered by Christie's. The transformative jewel is detachable into segments in which one can be worn as a bracelet. * An earrings and ring set by David Webb featuring cabochon corals and circular-cut diamonds mounted on platinum and gold with an estimate of $5,559 - $7,782; A Cartier lapis lazuli bead bracelet offered by Christie's. Christie’s and Sotheby’s move up a gear… [16 Jul 2020] The major auction houses have done everything within their imaginative power to end the first season of 2020 with some kind of … The auction houses’ attempts to reach out to collectors also paid off: 24pc of all buyers in the first half of 2014 were new to Christie’s and 26pc new to Sotheby’s. formerly in the collection of ... [+] Henriette Hélène Porgès, the Marquise de la Ferté-Meun. “Employees will each have their own desk and take client bids over the phones,” the Christie’s spokesperson said. To get a sense of the global market dynamics at play within Christie’s and Sotheby’s, lots were grouped according to city. A sapphire and diamond bracelet offered by Christie's with an estimate of $2 - $3.1 million. The main reason for this decline is the difficulty in finding valuable lots to offer as sellers are more reluctant in times of lockdown. “This leadership spans several categories such as fine arts and luxury, and key regions, with our fifth consecutive year leading in Asia,” said Sotheby’s CEO Charles F. Stewart. Its estimate is $2.6 million - $3.6 million. Estimate: $722,650 - $1.1 million. The Sotheby’s sale is led by diamonds and diamond jewels. A 3.96-carat fancy deep blue diamond offered by Christie's. Christie’s, Phillips, and Sotheby’s together saw a 79 percent decline in revenue for the second quarter of 2020 when compared to 2019, according to a new report from London art market analytics firm Pi-eX, as reported by Art Market Monitor . In addition to this blog, you can find me at my "Jewelry News Network" blog and facebook page, on Instagram @jewelrynewsnetwork and on Twitter @jewelrynewsnet. Browse and bid online, or contact our salerooms in London, New York, Paris, Hong Kong, Geneva and worldwide. Photo courtesy Sotheby’s. Its estimate is $722,650 - $1.1 million. Estimate $1.7 - $2.7 million. The top lot for the Geneva jewelry sales is a 14.83-carat fancy vivid purple-pink internally flawless diamond named “The Spirit of the Rose,” named after a celebrated Russian ballet, being offered by Sotheby’s. My first magazine job was with a design and architecture trade publication where I received a first-hand education and appreciation of how good, innovative design can make the world a better place. We thought that in light of the recent economic chaos, we would shine the spotlight on the major money-makers and spenders. The second is a gold necklace by Bulgari featuring 16 Columbian emeralds, each surrounded by marquise and circular-cut diamonds. April 23, 2020 The Rich Are Still Buying Million-Dollar Jewelry. Estimate: $222,354 - $333,531. A federal jury in the United States has indicted the former chairmen of the world's two largest auction houses, Sotheby's and Christies, on charges of overcharging its customers. A fitted case is included. Read More. Its estimate is $23 - $38 million. With auction week in New York coming to an end, ARTnews has rounded-up some of the most notable sales achieved in the day sales at Christie’s, Sotheby’s, and Phillips. Christopher Mason, author of The Art of the Steal: Inside the Sotheby's–Christie's Auction House Scandal, thinks billionaire Albert Taubman got a raw deal when he was sent to jail for price-fixing t With Christmas just around the corner, it makes perfect sense to surprise that special someone in your life as you share the festive joy together. Almost immediately afterward the canton of Geneva imposed even tougher restrictions. A pair of diamond and fancy colored diamond earrings is the top lot at Christie's Geneva auction. World luxury tracking : Survey on luxury consumption trends affected by the global pandemic, Renewed energy for McLaren in the face of the pandemic, Louis Camilleri is stepping down as CEO of Ferrari and President of Philip Morris International with immediate effect. In 1955, it became the first international auction house after establishing itself in New York. The first is a platinum and gold bracelet featuring eight natural Kashmir sapphires with no heat or clarity enhancements ranging from 3.8 carats to 8.29 carats (total weight 43.95 carats), interspersed with rectangular and fancy-shaped diamonds. But a tumultuous past pair of years has made it a key locus of art world speculation. Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. In Asia, where the health situation stabilized first, Sotheby’s made $982 million in sales, or 20% of its sales. Christie’s also boasts a record for digital sales at $311 million, an increase of 262%. This deal places the last major auction house still publicly traded back into private hands, after just over three decades of Sotheby’s being publicly traded on the New York Stock Exchange. In the lead-up to key London art sales this week, Christie’s and Sotheby’s have deepened their rivalry and sharpened their tactics. Estimate: $400,000 - $500,000. Sales in 2015 totalled £4.8 billion (US$7.4 billion). Sotheby’s is one of two major art auction houses, and it carries one of the most recognizable and valuable brand names in the world. Its estimate is $2 million - $3.1 million. The two auction houses have canceled public viewings for its Geneva sales and will hold its live auctions, including jewelry sales, without an audience. 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Plus qu’un webzine spécialisé, Luxus Plus est un système d’information multi-sectoriel, devenu l’outil de veille de référence pour les professionnels du luxe et de la mode. It’s something I take with me while traveling the world and writing about the finer things in life. Read also > PARIS STOCK EXCHANGE: LUXURY AND COSMETICS STOCKS BOOSTED BY THE PROSPECTS OF AN AGREEMENT BETWEEN THE EUROPEAN UNION AND CHINA. * A gold bracelet by Cartier featuring reeded lapis lazuli beads and circular-cut diamonds with an estimate of $4,447 - $6,671. Ce dernier attire tout particulièrement l’attention de ses lecteurs sur l’ensemble des acteurs majeurs de ces secteurs qui y partagent leurs expériences, visions et savoir-faire. * An onyx, coral and diamond brooch and earring set by Van Cleef & Arpels with an estimate of $33,353 - $44,471; A Van Cleef & Arpels chrysoprase, coral, onyx and diamond necklace offered by Christie's. A velvet black ribbon completes the elaborate gem. PARIS, Dec. 8, 2020 /PRNewswire/ -- The world's two leading auction houses have historically moved neck and neck, but online sales have allowed Sotheby's to gain a … Sotheby’s is the oldest company with 80 offices in 40 countries and listed on the New York Stock Exchange (IDD). The next lot has received interest: a brooch by Graff centered with an “exceptional” 107.46 carat fancy yellow round-cornered square brilliant-cut diamond with VS2 clarity (sixth photo). Highlights include: Bulgari gold “Serpernti” bracelet-watch offered by Christie's. In addition, there’s a pair of pendent ear clips set with oval, cushion- and pear-shaped emeralds, and cushion-shaped diamonds; and two jewels of the same design in closed back settings. Estimate: $2.6 million - $3.6 million, Henriette Hélène Porgès, the Marquise de la Ferté-Meun. This includes a near-universal ban on public and private events of more than five people, inside and outside. Its estimate is $2.7 million - $3.8 million. 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Top 10 Standout Moments from Sotheby’s Autumn Auctions in Hong Kong 2020. Livy: French know-how for top-of-the-range lingerie, [Luxus+ Magazine] Death of Enzo Mari, precursor of Italian design. Both auction specialists have increased their online sales and more than 70% of Sotheby’s auctions took place online this year, compared to 30% in 2019, with more than 40% of new bidders on the web. Lots sold by Christie’s and Sotheby's are given an estimate and a … A Cartier “Tutti-Frutti” bracelet offered by Christie's. “If I go to a private viewing, there’s me, one person assigned to bring me the jewels, one or two security guards. OUR NEWSLETTERS CONTRIBUTE TO MAKE OUR READERS AWARE OF THE CHANGES AFFECTING THE LUXURY INDUSTRIES. A gold and diamond brooch by Graff centered with an “exceptional” 107.46 carat fancy yellow diamond ... [+] offered by Christie's. Its estimate is $1.6 million - $2.6 million. Nos newsletters de veille contribuent en effet à sensibiliser nos lecteurs aux mutations qui touchent les industries du luxe. Estimate: ... [+] $33,353 - $44,471. THANKS TO AN INCREASED WATCH AND AN EXCELLENT KNOWLEDGE OF THE SECTOR, WE ARE INTERESTED IN THE MAIN ECONOMIC AND TECHNOLOGICAL STAKES OF FASHION, FINE WATCHMAKING, JEWELRY, GASTRONOMY, COSMETICS, PERFUMES, HOTELS, PRESTIGIOUS REAL ESTATE...********[FR] Claire Domergue, spécialiste de la communication dans le secteur du luxe, s’est entourée d’experts pour créer le premier média consacré à l’actualité économique du Luxe et de la mode. Estimate: $4,447 - $6,671. * A gold and diamond necklace and earrings set by David Webb with an estimate of $8,894 - $13,341; David Webb coral earrings and ring offered by Christie's. The acquisition also means that the world’s two leading auction houses are now in the private ownership of French billionaires, with Christie’s auction house bought by the Pinault family in 1998. 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