Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Sotheby’s Geneva Jewels = $108.3m

May 16, 2012 by Marion Maneker

Sotheby’s released figures for its Geneva sales of gems and jewelry. Less eye-catching in terms of price but possibly more important for understanding the direction of the jewelry market was the white-glove sale of items from the personal collection of Suzanne Belperron. Sixty of the designer’s own items made $3.45m, well above the pre-sale price tags:

Sotheby’s set a new world record of $108,377,219 for a various owner jewellery sale, with the conclusion of its two-day Magnificent Jewels and Noble Jewels Sale, surpassing the record set by Sotheby’s Geneva in November 2010 of $105 million. Over the two days 24 lots sold for over $1 million. The Beau Sancy, one of the most important royal diamonds to ever come to auction, sold for CHF 9,042,500 ($9,699,618). The result achieved by the celebrated jewel brought the total for the May Jewellery auctions to an outstanding total of CHF 104,298,625 ($111,836,526), almost doubling the pre-sale low estimate of CHF 54 -85 million

 

More from Art Market Monitor

  • Sotheby’s to Offer $20-30m Raj Pink in GenevaSotheby’s to Offer $20-30m Raj Pink in Geneva
  • Hot On the Trail of Sotheby’s Pink Diamond SaleHot On the Trail of Sotheby’s Pink Diamond Sale
  • Sotheby’s Puts Real Estate, Classic Car, Jewelry and Watches Under One ExecutiveSotheby’s Puts Real Estate, Classic Car, Jewelry and Watches Under One Executive
  • Sotheby’s HK Mag Jewels = HK$510m (US$65.5m)Sotheby’s HK Mag Jewels = HK$510m (US$65.5m)
  • Sotheby's Geneva Jewels = $89mSotheby's Geneva Jewels = $89m
  • Christie's Geneva Jewels = 40m CHFChristie's Geneva Jewels = 40m CHF

Filed Under: Auction Results Tagged With: Gems and Jewelry, Geneva, Sotheby's

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...