They will accept absentee bids prior to the auction along with bids by phone and the Internet during the live sale. The number two item among colored diamonds is a 3.96-carat fancy deep blue, pear-shaped modified brilliant-cut diamond with SI1 clarity. The idea behind Christie’s Lates is to bring new audiences into Christie’s. Upwards of 500 lots are normally on offer. In a previous life I was an award-winning daily newspaper reporter who moved to business and trade magazines and who now specializes in high jewelry and watches for. © 2021 Forbes Media LLC. * 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. A velvet black ribbon completes the elaborate gem. 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. In Asia, where the health situation stabilized first, Sotheby’s made $982 million in sales, or 20% of its sales. “I think it’s the right time to buy goods if you have the money. A fancy colored platinum and diamond necklace by Harry Winston offered by Sotheby's. Sotheby's was founded in London in 1744 as a bookseller. 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. Its estimate is $722,650 - $1.1 million. He was known as the “Diamond King.” Its estimate is $400,000 - $500,000. Estimate: $2.6 ... [+] million - $3.6 million. Nos newsletters de veille contribuent en effet à sensibiliser nos lecteurs aux mutations qui touchent les industries du luxe. 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 … This includes a near-universal ban on public and private events of more than five people, inside and outside. This sale at the Four Season Hotel des Bergues is led by a selection of diamonds and colored gems ranging from one to more than 100 carats. 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 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. However, the health crisis linked to Covid-19 led to a drop in auction sales for the two art multinationals. Founded in 1766, Christie's offers premier auctions and private sales of the finest art, antiques & interiors, jewelry & watches, wine and more. 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. This week we seem to be focusing on some serious money-makers ranging from fashion labels to art auction houses. It’s mounted on a contemporary designed platinum ring. Sotheby’s and Christie’s Look to Luxury as a Coronavirus Antidote The world’s two biggest auction houses are selling more watches, jewelry and handbags, but art’s still where the money is. ISG Luxury Management Webinar: What to remember about Chantal Thomass’ presentation! 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. Amsterdam, Dubai, Geneva, Hong Kong, London, Milan, New York, Paris, Shanghai and Zurich. Sotheby’s achieved a higher figure than its rival, at $1.5 billion, but experienced a slightly lower decline of 50%. The geometric designed jewel is set with circular-and rose-cut diamonds that support a detachable pendant swing-set with an 8.39-carat rose diamond within a frame of diamonds. 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 $400,000 - $500,000. Sotheby’s And Christie’s Auction Houses Bring Strong Prices Sotheby’s Auction House Scores Big! A Cartier “Tutti-Frutti” bracelet offered by Christie's. * 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. Get notified about exclusive offers every week! In response, spokespersons for Sotheby’s and Christie’s said their live sales will be held without an audience. Then there’s one person who registers visitors,” he says. Asians also obtained 9 of its 20 “top lots” for the year. 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. A fitted case is included. 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. Estimate: $5,559 - $7,782. To get a sense of the global market dynamics at play within Christie’s and Sotheby’s, lots were grouped according to city. For example, there are few fancy colored diamonds, the stars of the international auction circuit that command the highest prices. This winter’s big accessory trend and must-have: fashion is rehabilitating the glove! “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. One of the important noble jewels on offer is a Colombian emerald and diamond parure, circa 1770, with a well-documented provenance (top photo). On Sunday, Alexandris added that Sotheby’s is able to accommodate more buyers by creating separate areas he describes as “small boxes.” The auction house is booking appointments for one- and -two-hour intervals, he added. Estimate: $4,447 - $6,671. Its estimate is $23 - $38 million. Its estimate is $2 million - $3.1 million. 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. This includes the jewelry sales being held by Christie’s and Sotheby’s. Ioannis Alexandris of Gemolithos, a Germany- and Hong Kong-based firm that specializes in vintage jewels and rare gems, was in Geneva just prior to the lockdown measures and was able to see all of the jewels and gems for both sales. Its mouth contains a watch with a mechanical movement with a dial signed Jaeger-LeCoultre. Read also > PARIS STOCK EXCHANGE: LUXURY AND COSMETICS STOCKS BOOSTED BY THE PROSPECTS OF AN AGREEMENT BETWEEN THE EUROPEAN UNION AND CHINA. Estimate: $8,894 - ... [+] $13,341. * 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. Sotheby’s sale has 102 lots on offer while Christie’s is offering 158. 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. A gold and diamond brooch by Graff centered with an “exceptional” 107.46 carat fancy yellow diamond ... [+] offered by Christie's. Diversity in the jewels and gems is also lacking. But a tumultuous past pair of years has made it a key locus of art world speculation. 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. 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. The Sotheby’s sale is led by diamonds and diamond jewels. We thought that in light of the recent economic chaos, we would shine the spotlight on the major money-makers and spenders. offered by Christie's. The second is a gold necklace by Bulgari featuring 16 Columbian emeralds, each surrounded by marquise and circular-cut diamonds. * A gold bracelet by Cartier featuring reeded lapis lazuli beads and circular-cut diamonds with an estimate of $4,447 - $6,671. * A diamond, rock crystal and lapis lazuli necklace and earrings set by M. Gérard with an estimate of $22,235 - $33,353; David Webb gold and diamond necklace and earrings set offered by Christie's. Private sales, online … Photo courtesy Sotheby’s. ... [+] Estimate: $22,235 - $33,353. It’s attached to a white gold brooch in a circular flower motif lined with round and baguette-cut diamonds. “Colette mon amour”: The documentary that traces the end of a “historical monument”. Estimate $1.7 - $2.7 million. Art Deco diamond necklace by Cartier, circa 1925 offered by Sotheby's. The top three lots are: * A platinum ring set with an 18.03-carat D-color, flawless cushion-shaped diamond with excellent polish and symmetry (third photo). These are hard conditions because even if you want to do a full viewing it is impossible to do so.”. Browse and bid online, or contact our salerooms in London, New York, Paris, Hong Kong, Geneva and worldwide. As the global coronavirus pandemic entered its second act (or third but who’s counting), auction houses had to adjust their plans on how they will hold their upcoming auctions in Geneva. Luxury car: Tesla reaches half a million sales in 2020! Both auction houses are well-known for dealing in goods with the rich and the powerful. 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 live auction will be held November 11 at 8:30 p.m. CET (2:30 EST). Estimate: $2.6 million - $3.6 million, Henriette Hélène Porgès, the Marquise de la Ferté-Meun. You may opt-out by. It’s something I take with me while traveling the world and writing about the finer things in life. Its estimate is $1.3 million - $1.5 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. 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. Learn more about our use of cookies: cookie policy, France’s Interparfums raises 2020 revenue forecast to over 340 million euros, LVMH – Tiffany agreement: the New York jeweler sold its shares for a total of 17.4 million dollars, Covid-19: Facing the dissatisfaction of hotel industry professionals, the French government reinforces its aid to the sector, International tourism: Luxury hotels are blooming in Bangkok, Stock market : Hermès’ good annual performance, Champagne remains the benchmark drink in Japan, The local customer at the heart of the luxury rebound, [THE LUXURY JOURNALS] 5 questions to Michel Navas, Master Watchmaker at “La Fabrique du Temps” Louis Vuitton, [THE LUXURY JOURNALS] Nathalie Remy : “Christofle is the oldest luxury start-up in the world”, Frank BOEHLY (French Leather Council): “The global leather ecosystem is under threat”, Luxury hotels : Radisson Collection opens its first hotel in Bamako, Chinese New Year: Coty unveils a limited edition lipstick line for Gucci, Paris, Milan and London: Fashion Weeks reorganize their calendars in response to the health crisis, Champagne : Ruinart dominated Google searches in 2020, Cartier returns to its classics in its new campaign, Luxury : Five elements to include in your brand strategy in 2021, What the global fashion industry will have learned from the health crisis in 2020, Audemars Piguet is hiring, while the entry-level watch sector is suffering, The difficult transition of the luxury car sector to electric cars, To close its Climate Week, the LVMH Group highlights the environmental performance of its stores, Luxury retail : Lancel continues its conquest of innovation with Adyen, “Luxury, a necessary superfluity today?” : The 3rd wave of the Cetelem study, Mazars and Arianee join forces to analyse the transformation of the luxury sector. 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