Sunday, 17 September 2023

Sotheby’s New York Sale Nabs $13M

Sotheby’s New York Sale Nabs $13M

Sotheby’s raked in $13.1 million at its most recent jewelry sale in New York, with more than half of the goods surpassing their high estimates.

The lead item at the September 12 Important Jewels sale was a Harry Winston ring set with a round, 15.18-carat, E-color, VS2-clarity diamond, which brought in $69,440 per carat, for a total of $1.1 million, Sotheby’s said Wednesday. That amount was well above its $750,000 upper estimate.

Overall, Sotheby’s sold 84% of jewels on offer at the auction.

Source: rapaport.com

No comments:

Post a Comment

Cost-Cutting Helps Sarine Return to Profit

Sarine says cost reductions and efficiency improvements allowed it to reverse a $2.8m loss in 2023 into a $1.1m profit in 2024. But the Isra...