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Bonhams Shelves Auction Amid Epidemic
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Auction house Bonhams has postponed its upcoming Jewels and Jadeite sale amid an escalation in the coronavirus epidemic.The event, which had been due to take place in Hong Kong on March 12, will be rescheduled to a later...
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Polished Markets
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Feb 13, 2020
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Rapaport News
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Bonhams Expands Global Jewelry Team
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Bonhams has hired Eleonora D’Ottavi in its latest effort to build up its global jewelry business.D’Ottavi will join the auction house as head of jewelry for Italy, responsible for providing valuation services and sourcing gems...
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Polished Markets
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Jan 20, 2020
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Rapaport News
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Sotheby’s Watch Sales Hit Record $109M
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Sales of timepieces at Sotheby’s broke a record for the auction house, netting the highest annual total in the company’s history, at $108.7 million.The total increased 22% year on year, and 153% over the past decade,...
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Polished Markets
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Dec 31, 2019
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Rapaport News
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Sotheby’s Reflects on 10 Years of Records
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The past decade might be known for superheroes, Netflix and memes, but for Sotheby’s it was all about record-breaking jewels, as worldwide sales for the divisiontotaled more than $4.7 billion. The auction house...
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Polished Markets
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Dec 25, 2019
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Rapaport News
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Sotheby’s Brings In $43M at New York Sales
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Sotheby’s garnered $43.1 million from its two New Yorkjewels auctions, led by a blue diamond ring which sold for $6.6 million. The cushion-cut, 7.55-carat, fancy-deep-grayish-blue, typeIIb, SI2-clarity Indian Blue had been estimated...
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Polished Markets
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Dec 12, 2019
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Rapaport News
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Sotheby’s Hires Asia Jewelry Head
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Sotheby’s has appointed Wenhao Yu as deputy chairman ofjewelry for Asia, to help strengthen its expertise and sourcing capabilitiesand expand its business in the region. Yu was previously at Poly Auction Hong Kong, where he founded and...
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Polished Markets
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Dec 09, 2019
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Rapaport News
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Sotheby’s London Sale Rakes In $6.8M
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Sotheby’s brought in GBP 5.3 million ($6.8 million) from itsFine Jewels sale in London on Tuesday, with many items going for well above theirhigh estimates. The top lot, a necklace by Van Cleef & Arpels...
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Polished Markets
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Nov 27, 2019
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Rapaport News
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Cartier Bracelet Soars Past Estimate at Sotheby’s
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A sapphire and diamond bracelet fetched more than doubleits high estimate at Sotheby’s Geneva auction, selling to a female Asian collector after a bidding war. The piece contains a 47.07-carat, royal-blue Burmesesapphire center stone with high...
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Polished Markets
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Nov 14, 2019
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Rapaport News
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Sotheby’s to Sell Rare Fancy-Color Diamond
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A rare fancy-deep-grayish-blue diamond ring with a highestimate of $8 million is set to lead Sotheby’s Magnificent Jewels sale in NewYork next month.The cushion-cut, 7.55-carat, type IIb, SI2-clarity stone,called the Indian Blue, is valued at $6 million to $8 million, and displays...
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Polished Markets
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Nov 12, 2019
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Rapaport News
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Sotheby’s Names New CEO Following Takeover
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The media tycoon who recently bought Sotheby’s has appointed a senior executive from his business empire as the auction house’s new CEO.Charles Stewart will assume the role with immediate effect, having served...
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Polished Markets
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Oct 29, 2019
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Rapaport News
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Pink Diamond Nets $20M at Sotheby’s
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A pink diamond ring was the top lot at Sotheby’sHong Kong auction this week, garnering HKD 155.8 million ($19.9 million), or $1.9 million per carat. The cut-cornered rectangular mixed-cut, 10.64-carat, fancy-vivid-purplish-pink, internally flawless...
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Polished Markets
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Oct 07, 2019
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Rapaport News
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Sotheby’s to Sell 81ct. Flawless Diamond
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A flawless white diamond with a high estimate of $13 millionwill feature in Sotheby’s Magnificent Jewels and Jadeite auction in Hong Kong next month. The emerald-cut, 80.88-carat, D-color, type IIa stone is valuedat $10 million to $12.8...
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Polished Markets
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Sep 09, 2019
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Rapaport News
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Cartier Bracelet to Lead Sotheby’s Geneva Sale
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An Art Deco Cartier bracelet from a prominent femalecollector is set to go under the hammer for $2 million to $3 million atSotheby’s November Magnificent Jewels and Noble Jewels sale in Geneva. The center stone is a 47.07-carat, royal-blue Burmesesapphire with...
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Polished Markets
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Aug 29, 2019
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Rapaport News
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Sotheby’s to Sell 100ct. Yellow-Diamond Necklace
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Sotheby’s has collaborated with Chinese jewelry designer Anna Hu on a five-piece collection featuring a 100-carat, fancy-intense-yellowdiamond necklace. Hu’s Silk Road Music Collection will go under the hammer atthe October Magnificent Jewels and Jadeite auction...
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Polished Markets
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Aug 20, 2019
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Rapaport News
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Sotheby’s Expects $26M for Pink Diamond
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A 10.64-carat pink diamond ring worth up to $25.5 million will go under the hammer at Sotheby’s Hong Kong sale. The fancy-vivid-purplish-pink center stone is internallyflawless, the auction house told Rapaport News Friday. Sotheby’s willoffer the...
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Polished Markets
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Aug 18, 2019
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Rapaport News
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Why the Market for Large Diamonds Is in Free Fall
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As the who’s who in the glitzy world of high-valuediamond auctions gathered in Geneva in May, there was an understated tone tothis year’s pilgrimage to the Swiss city. While Sotheby’s and Christie’s playedup their offerings of magnificent jewels,...
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Polished Markets
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Jul 02, 2019
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Joshua Freedman
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Media Mogul Acquires Sotheby’s for $3.7B
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Media and telecom entrepreneur Patrick Drahi has bought Sotheby’s for $3.7 billion, taking it private after 31 years as a publicly traded company.BidFair USA, an entitywholly owned by Drahi, will pay $57 per share of common stock...
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Polished Markets
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Jun 18, 2019
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Rapaport News
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Diamond Ring Fetches $31K/ct. at Sotheby’s
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Sotheby’s brought in a total of $8.5 million at a New Yorkauction last week, as a 15.13-carat diamond ring more than doubled its high estimate. The pear-shaped, D-color, SI2-clarity, Marianne Ostier piecegarnered $475,000, or $31,395 per carat, against...
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Polished Markets
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Jun 10, 2019
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Rapaport News
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Sotheby’s to Sell More Than 800 Luxury Watches
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A private collection of more than 800 luxury watches will gounder the hammer at four Sotheby’s auctions in London, Geneva, New York andHong Kong over the coming year and a half. The Masterworks of Time sale...
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Polished Markets
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May 21, 2019
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Rapaport News
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Storied Necklace Makes Bold Return at Sotheby’s
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Sotheby’s brought in $42 million at its Genevaauction this week as an emerald and diamond necklace with royal connections fetched $3.6 million. The Van Cleef & Arpels Art Deco piece, which includesdiamonds, as well as 11 cabochon...
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Polished Markets
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May 15, 2019
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Rapaport News
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