Robust Business for Vintage Jewels at Winter Show

Seven days into the Winter Show antiques, art and design fair, there was still a steady flow of well-heeled collectors moving about the Park Avenue Armory on New York’s Upper East side. In its 70th year, the show, which ran from January 19 to 28, featured 76 exhibitors from seven countries including about nine exhibitors who specialize in collectible jewels. Several of the jewelry galleries and dealers have been longtime participants in the annual show, and nearly all were happy with business this year.

Each of the jewelry exhibitors holds a unique niche in antique and period jewels, and most say collectors were looking at a broad range of pieces that these dealers offered. As always, signed jewels were popular, but so were unsigned pieces. People were also looking for easily wearable and versatile pieces. Jewels and sketches by René Lalique were seen throughout the fair.

One of the exhibitors that had good results from pieces by the French jewelry artist was London-based Wartski, which focuses on Fabergé objects and historic European jewels, many with royal pedigree. The person behind the stand said attendees were looking for a variety of pieces from the firm’s vast collection of European and Russian jewels. Lalique was popular.

An Italian Renaissance Revival Bracelet. (Winter Show)

Benjamin Macklowe of Macklowe Gallery in New York also featured Lalique jewelry, displaying about a dozen items by the Art Nouveau jeweler at its booth this year.

“We sold across our product line. Bulgari, Cartier, Lalique and more,” he said. “Every time we sold something, regardless of the price, it was a great example of what it was.”

Macklowe’s firm handles Tiffany & Co. lamps and objects, furniture, and antique and period jewels. Among the highlights of its sales was a pair of Bulgari ruby cabochon earrings for $175,000.

A Bulgari Toi & Moi ring in platinum and yellow gold set with diamonds and a Burma ruby from Véronique Bamps. (Winter Show)

Veteran exhibitors reported feeling pleased with the outcome of the show.

This year’s installment drew “one of the best crowds” they’d ever seen, said Carrie Imberman and her brother Matthew Imberman, owners of Kentshire in New York, who have been working the Winter Show for 33 years. Like others, they say sales from the show continue after it’s over, based on the relationships they form.

Signed jewels were also popular. Among the company’s sales during the show was an Art Deco Boucheron diamond bracelet, a Hermès gold panel necklace and bombé diamond ring, and an Art Deco diamond bracelet by Cartier.

An Art Moderne gold and diamond bracelet in 18k and platinum by René Boivin. (Winter Show)

“We’ve had a good fair,” Matthew said. “We have jewels from different periods, designers and a variety of gem-set pieces. People are buying items that have a specific meaning to them.”

A La Vieille Russie has exhibited at the Winter Show almost since its inception. The company has expertise in Fabergé and other art objects of Russian origin, as well as European antique and vintage jewels. Peter Schaffer, one of the family members who lead the company, and specialist Adam Patrick were satisfied with the fair, saying they made some sales but just as importantly, they had the opportunity to meet new potential clients. For many, buying historic jewels isn’t an impulse purchase.

It’s the third time exhibiting at the Winter Show for Monaco-based dealer Véronique Bamps, who sells signed pieces from historic jewelry houses and designers. She plans to return, saying it attracts both well-cultured locals and an international crowd.

“I’ve spoken to people from a lot of countries and states,” she said. “[This show] attracts a very large crowd. And a lot of younger people who are buying pieces that they feel they could wear every day.”

Victorian ruby and diamond butterfly brooch, circa 1890. (ALVR)

For New York ladies, she added, the period is less significant. “The key is elegance when they buy jewelry,” she observed. “They fall in love, and they buy.”

Perhaps no one at the show was more pleased than Didier and Martine Haspeslagh, owners of Didier, a London-based firm that specializes in artist-designed jewels acquired on the secondary market. The couple sold several important pieces, including creations in the “five-figure” range by artists comprising Arnaldo Pomodoro, Franco Cannilla, Salvador Dali, Pablo Picasso and Sonia Delaunay, among others.

“We’ve had a very good show,” said Didier Haspeslagh. “We’ve had a number of new clients. This fair attracts people with taste, money and a need for artistic content.” People were most attracted to “big, spectacular pieces,” he continued.

18k yellow gold necklace with three abstract repoussé pendants with kinetic elements, and set with diamonds. Designed by Italian artist, Afro Basaldella, and made in the gold workshop of Mario Masenza, Rome. On offer by Didier.
(Winter Show)

Like others, Simon Teakle, whose eponymous firm is located in Greenwich, Connecticut, said that jewels by the European heritage brands were popular at the show. “There’s always a demand for signed jewels,” he noted.

Simon Teakle pair of cameo and diamond earrings by Hemmerle.
(Winter Show)

Another gallery owner who cited Art Deco jewels was James Boening, director of New York-based James Robinson, a New York-based gallery that spotlights vintage jewels, art objects, silver and flatware. He also sold items that can be worn in formal and casual surroundings. “Women are looking for jewels that are versatile,” he said. “Pieces that can be worn with jeans. Pieces that are more approachable.”  

American black opal and diamond cluster ring mounted in platinum and 14k gold, circa 1910, from James Robinson. (Winter Show)

Still, not everyone experienced successful jewelry sales at the show. Tim Martin, owner of New York-based S.J. Shrubsole specializes in vintage jewels, silver and art objects. While the other two categories did well, jewelry sales were slow, he said.

Source: DCLA

A Nearly 64 Carat Diamond Cartier Bracelet Could Fetch HK$40 Million at Sotheby’s

 

An iconic Cartier bracelet with 63.66 carats of pear-shaped D color, internally flawless diamond set on rock crystal is expected to fetch between HK$40 million and HK$65 million (US$5.16 million and US$8.39 million) at Sotheby’s Hong Kong’s sale of magnificent jewels in April.

Taking nearly 2,000 hours to create, the bangle-bracelet from the collection “L’Odyssée de Cartier —Parcours d’un Style,” pays homage to an Art Deco inspiration featuring sparkling stones and the French maison’s emblematic panther, orchid, and Oriental motifs.

Louis Cartier, the brand’s third-generation jeweler was a pioneer in working with rock crystal, which became popular in the 1920s. Cartier utilized a polishing technique from the Renaissance period to give a soft shine to rock crystal which, when paired with a diamond, creates an intriguing light effect.

The unique piece “combines a phenomenal diamond, mesmerizing design and impeccable craftsmanship, and represents a high jewelry collectible that will shine through time,” Wenhao Yu, deputy chairman of jewelry at Sotheby’s Asia, said in a statement.

Also on offer is “Circle of Happiness,” a bangle made of 277.7 carats of green jadeite-jade from Myanmar. Sotheby’s did not disclose the estimate of this bracelet.

Sotheby’s sale of magnificent jewels will also feature pieces from the houses of Boucheron, Bulgari, Chanel, Chopard, Graff, Harry Winston, Hermès, Van Cleef & Arpels, and more.

“The appetite for high-quality jewels has never been stronger in Asia, with discerning collectors looking for rare diamonds and gemstones, as well as unique and iconic designs,” Yu said.

Source: DCLA

A Nearly 64 Carat Diamond Cartier Bracelet Could Fetch HK$40 Million at Sotheby’s

 

An iconic Cartier bracelet with 63.66 carats of pear-shaped D color, internally flawless diamond set on rock crystal is expected to fetch between HK$40 million and HK$65 million (US$5.16 million and US$8.39 million) at Sotheby’s Hong Kong’s sale of magnificent jewels in April.

Taking nearly 2,000 hours to create, the bangle-bracelet from the collection “L’Odyssée de Cartier —Parcours d’un Style,” pays homage to an Art Deco inspiration featuring sparkling stones and the French maison’s emblematic panther, orchid, and Oriental motifs.

Louis Cartier, the brand’s third-generation jeweler was a pioneer in working with rock crystal, which became popular in the 1920s. Cartier utilized a polishing technique from the Renaissance period to give a soft shine to rock crystal which, when paired with a diamond, creates an intriguing light effect.

The unique piece “combines a phenomenal diamond, mesmerizing design and impeccable craftsmanship, and represents a high jewelry collectible that will shine through time,” Wenhao Yu, deputy chairman of jewelry at Sotheby’s Asia, said in a statement.

Also on offer is “Circle of Happiness,” a bangle made of 277.7 carats of green jadeite-jade from Myanmar. Sotheby’s did not disclose the estimate of this bracelet.

Sotheby’s sale of magnificent jewels will also feature pieces from the houses of Boucheron, Bulgari, Chanel, Chopard, Graff, Harry Winston, Hermès, Van Cleef & Arpels, and more.

“The appetite for high-quality jewels has never been stronger in Asia, with discerning collectors looking for rare diamonds and gemstones, as well as unique and iconic designs,” Yu said.

Source: DCLA

Cartier Emerald And Diamond Ring Fetches $3.6 Million At Sotheby’s

 

A Cartier emerald and diamond ring blew past five fancy colored diamonds to become the top lot at Sotheby’s New York Magnificent Jewels auction held Wednesday. It fetched $3.6 million, more than three-and-a-half times its high estimate.

The ring features a 21.86-carat Colombian square-emerald-cut emerald flanked by diamonds and mounted on 18k yellow gold. The emerald is described in the grading report as having “minor clarity enhancement” and a “richly saturated medium deep slightly bluish green, slightly included with a few surface reaching inclusions, and the girdle bearing a chip and a few nicks, noticeable under 10x magnification.”

The ring was from the collection of Cecile Zilkha, best known for her lifelong interest in the arts, particularly The Metropolitan Opera.

Private collections featuring a variety of signed jewels were an important part of this sale, with many items from these collections far exceeding estimates. All 29 jewels from the Cecile Zilkha collection sold, fetching a total of $11.7 million, nearly double the estimate for the collection. Eleven jewels from the collection of Marylou Whitney, the philanthropist, thoroughbred breeder, arts patron and society hostess, all sold fetching a total of $1.7 million.

The sale overall was quite successful, taking in a total of $46.9 million, the highest total for a Sotheby’s jewelry auction since 2017. In addition, 91% of the lots sold, with 74% of the lots fetching prices above their high estimates and nine pieces surpassing $1 million.

1.71-carat heart-shaped fancy red diamond with SI2 clarity fetched more than $3.1 million SOTHEBY’S

Fancy colored diamonds, including three heart-shaped gems, made up the top five lots prior to the sale. However two of the gems failed to meet the reserve price. The first was the anticipated top lot of the sale, a pink gold and platinum ring set with a 5.03-carat cut-cornered rectangular mixed-cut fancy vivid pink diamond, accented with two cut-cornered triangular step-cut fancy intense blue diamonds. Its estimate was $9 million – $12 million.

The second was a ring centered with a 2.28-carat fancy vivid blue heart-shaped diamond, encircled by round yellow and framed by white diamonds with an estimate of $2.25 million – $3.25 million.

The three remaining fancy colored diamond lots sold within estimates and were the next three top lots of the sale. They are:

* A 1.71-carat heart-shaped fancy red diamond with SI2 clarity surrounded by white diamonds and mounted on an 18k white and pink gold pendant for a necklace. It fetched more than $3.1 million.

3.67-carat fancy intense blue diamond fetched more than $3.1 million SOTHEBY’S

* A 3.67-carat fancy intense blue diamond in a cut-cornered rectangular modified brilliant-cut diamond. The stone is flanked by two emerald-cut diamonds and mounted on an 18k white gold ring. It fetched more than $2.6 million.

A 2-carat fancy vivid orange diamond fetched nearly $1.9 million SOTHEBY’S

* An 18k white and pink gold ring centered with a 2-carat fancy vivid orange diamond framed and accented by round diamonds that fetched nearly $1.9 million.

As mentioned, private collections were an important part of this sale. In addition to the Cartier emerald ring, the Cecile Zilkha collection comprised of 28 other signed and historic jewels. Among the standouts:

Emerald and diamond earclips by Bulgari fetched more than $1.1 million SOTHEBY’S

* Emerald and diamond earclips by Bulgari that fetched more than $1.1 million, double its high estimate;

* A 1930s diamond rivière by Bulgari that fetched $806,500, well above its high estimate;

* A silver-topped gold, sapphire and diamond brooch that fetched $625,000, more than double its high estimate;

* Earclips by Harry Winston featuring two cut-cornered square modified brilliant-cut Fancy Intense yellow diamonds weighing 15.24 and 14.22 carats that fetched $528,200, within estimates; and

* A ruby and diamond bracelet by Harry Winston that fetched $441,000, well above the high estimate.

A Cartier natural pearl necklace from the collection of Marylou Whitney fetched more than $1.6 … [+] SOTHEBY’S

The sale ended with 11 jewels from the collection of Marylou Whitney. The top lot in this collection was a Cartier necklace composed of 32 rare natural pearls with a diamond clasp. It fetched more than $1.6 million, more than three times its high estimate.

Emerald, ruby, sapphire and diamond Mughal-inspired necklace by David Webb sold for $327,600 SOTHEBY’S

In addition, two David Webb pieces from the Whitney collection performed extremely well. The first was a platinum bracelet set with 10 emerald-cut diamonds weighing 21.16 carats. It fetched $352,800, above estimates. The second was a showstopper Mughal-inspired necklace that boldly displays a 181.95-carat translucent carved emerald and 10 cabochon emeralds that weigh a total of 126.30 carats, along with rubies and diamonds. The necklace sold for $327,600, more than triple its high estimate.

Van Cleef & Arpels mystery-set sapphire and diamond flower brooch fetched $1.1 million SOTHEBY’S

While Cartier, Bulgari and Harry Winston dominated the headline sales, jewels from Van Cleef & Arpels may have had the biggest impact overall. Twenty-eight jewels by the Parisian luxury brand were sold at the auction. The top lot from Van Cleef & Arpels was a mystery-set sapphire and diamond brooch designed as a flower from a New York collector that sold for more than $1.1 million, nine times its high estimate. That was certainly a headline sale.

An indication that private collections and signed jewels were going to dominate came at the very beginning of the sale. The first 10 lots from a private family collection were by Van Cleef & Arpels. They all sold well above their estimates.

Other auction highlights included:

Jadeite, natural pearl and diamond necklace by Raymond Yard, circa 1935, fetched $1.6 million SOTHEBY’S

* A jadeite, natural pearl and diamond necklace by Raymond Yard, circa 1935, sold for $1.6 million after competition from three phone bidders, more than four times its high estimate. The piece was offered from the estate of Mary Lily Kenan Flagler.

Cartier sapphire and diamond bracelet in a fan design, circa 1960s, fetched $1 million SOTHEBY’S

* A Cartier sapphire and diamond bracelet in a fan design, circa 1960s, that fetched just over $1 million, just topping its high estimate.

A ring set with a 1.08-carat pear-shaped fancy vivid blue diamond sold for $927,500 SOTHEBY’S

* A ring set with a 1.08-carat pear-shaped fancy vivid blue diamond accented by round diamonds sold for $927,500, above estimates. The piece was offered by a Texan collector.

Source: Anthony DeMarco forbes.com

Cartier Emerald And Diamond Ring Fetches $3.6 Million At Sotheby’s

 

A Cartier emerald and diamond ring blew past five fancy colored diamonds to become the top lot at Sotheby’s New York Magnificent Jewels auction held Wednesday. It fetched $3.6 million, more than three-and-a-half times its high estimate.

The ring features a 21.86-carat Colombian square-emerald-cut emerald flanked by diamonds and mounted on 18k yellow gold. The emerald is described in the grading report as having “minor clarity enhancement” and a “richly saturated medium deep slightly bluish green, slightly included with a few surface reaching inclusions, and the girdle bearing a chip and a few nicks, noticeable under 10x magnification.”

The ring was from the collection of Cecile Zilkha, best known for her lifelong interest in the arts, particularly The Metropolitan Opera.

Private collections featuring a variety of signed jewels were an important part of this sale, with many items from these collections far exceeding estimates. All 29 jewels from the Cecile Zilkha collection sold, fetching a total of $11.7 million, nearly double the estimate for the collection. Eleven jewels from the collection of Marylou Whitney, the philanthropist, thoroughbred breeder, arts patron and society hostess, all sold fetching a total of $1.7 million.

The sale overall was quite successful, taking in a total of $46.9 million, the highest total for a Sotheby’s jewelry auction since 2017. In addition, 91% of the lots sold, with 74% of the lots fetching prices above their high estimates and nine pieces surpassing $1 million.

1.71-carat heart-shaped fancy red diamond with SI2 clarity fetched more than $3.1 million SOTHEBY’S

Fancy colored diamonds, including three heart-shaped gems, made up the top five lots prior to the sale. However two of the gems failed to meet the reserve price. The first was the anticipated top lot of the sale, a pink gold and platinum ring set with a 5.03-carat cut-cornered rectangular mixed-cut fancy vivid pink diamond, accented with two cut-cornered triangular step-cut fancy intense blue diamonds. Its estimate was $9 million – $12 million.

The second was a ring centered with a 2.28-carat fancy vivid blue heart-shaped diamond, encircled by round yellow and framed by white diamonds with an estimate of $2.25 million – $3.25 million.

The three remaining fancy colored diamond lots sold within estimates and were the next three top lots of the sale. They are:

* A 1.71-carat heart-shaped fancy red diamond with SI2 clarity surrounded by white diamonds and mounted on an 18k white and pink gold pendant for a necklace. It fetched more than $3.1 million.

3.67-carat fancy intense blue diamond fetched more than $3.1 million SOTHEBY’S

* A 3.67-carat fancy intense blue diamond in a cut-cornered rectangular modified brilliant-cut diamond. The stone is flanked by two emerald-cut diamonds and mounted on an 18k white gold ring. It fetched more than $2.6 million.

A 2-carat fancy vivid orange diamond fetched nearly $1.9 million SOTHEBY’S

* An 18k white and pink gold ring centered with a 2-carat fancy vivid orange diamond framed and accented by round diamonds that fetched nearly $1.9 million.

As mentioned, private collections were an important part of this sale. In addition to the Cartier emerald ring, the Cecile Zilkha collection comprised of 28 other signed and historic jewels. Among the standouts:

Emerald and diamond earclips by Bulgari fetched more than $1.1 million SOTHEBY’S

* Emerald and diamond earclips by Bulgari that fetched more than $1.1 million, double its high estimate;

* A 1930s diamond rivière by Bulgari that fetched $806,500, well above its high estimate;

* A silver-topped gold, sapphire and diamond brooch that fetched $625,000, more than double its high estimate;

* Earclips by Harry Winston featuring two cut-cornered square modified brilliant-cut Fancy Intense yellow diamonds weighing 15.24 and 14.22 carats that fetched $528,200, within estimates; and

* A ruby and diamond bracelet by Harry Winston that fetched $441,000, well above the high estimate.

A Cartier natural pearl necklace from the collection of Marylou Whitney fetched more than $1.6 … [+] SOTHEBY’S

The sale ended with 11 jewels from the collection of Marylou Whitney. The top lot in this collection was a Cartier necklace composed of 32 rare natural pearls with a diamond clasp. It fetched more than $1.6 million, more than three times its high estimate.

Emerald, ruby, sapphire and diamond Mughal-inspired necklace by David Webb sold for $327,600 SOTHEBY’S

In addition, two David Webb pieces from the Whitney collection performed extremely well. The first was a platinum bracelet set with 10 emerald-cut diamonds weighing 21.16 carats. It fetched $352,800, above estimates. The second was a showstopper Mughal-inspired necklace that boldly displays a 181.95-carat translucent carved emerald and 10 cabochon emeralds that weigh a total of 126.30 carats, along with rubies and diamonds. The necklace sold for $327,600, more than triple its high estimate.

Van Cleef & Arpels mystery-set sapphire and diamond flower brooch fetched $1.1 million SOTHEBY’S

While Cartier, Bulgari and Harry Winston dominated the headline sales, jewels from Van Cleef & Arpels may have had the biggest impact overall. Twenty-eight jewels by the Parisian luxury brand were sold at the auction. The top lot from Van Cleef & Arpels was a mystery-set sapphire and diamond brooch designed as a flower from a New York collector that sold for more than $1.1 million, nine times its high estimate. That was certainly a headline sale.

An indication that private collections and signed jewels were going to dominate came at the very beginning of the sale. The first 10 lots from a private family collection were by Van Cleef & Arpels. They all sold well above their estimates.

Other auction highlights included:

Jadeite, natural pearl and diamond necklace by Raymond Yard, circa 1935, fetched $1.6 million SOTHEBY’S

* A jadeite, natural pearl and diamond necklace by Raymond Yard, circa 1935, sold for $1.6 million after competition from three phone bidders, more than four times its high estimate. The piece was offered from the estate of Mary Lily Kenan Flagler.

Cartier sapphire and diamond bracelet in a fan design, circa 1960s, fetched $1 million SOTHEBY’S

* A Cartier sapphire and diamond bracelet in a fan design, circa 1960s, that fetched just over $1 million, just topping its high estimate.

A ring set with a 1.08-carat pear-shaped fancy vivid blue diamond sold for $927,500 SOTHEBY’S

* A ring set with a 1.08-carat pear-shaped fancy vivid blue diamond accented by round diamonds sold for $927,500, above estimates. The piece was offered by a Texan collector.

Source: Anthony DeMarco forbes.com

Swiss Watch Exports Down 81% in April

Swiss watch exports plunged in April as coronavirus lockdowns brought the entire supply chain to a near halt.

“Swiss watch exports were extremely low in April as a direct result of the standstill in production, distribution and sales, causing them to collapse,” the Federation of the Swiss Watch Industry reported Tuesday.

Shipments slid 81% to CHF 328.8 million ($339.1 million) for the month, with nearly all markets declining significantly. Orders from Hong Kong plummeted 83% to CHF 42.2 million ($43.5 million), while supply to the US dropped 86% to CHF 27.9 million ($28.8 million). Exports to Japan fell 86% to CHF 19.5 million ($20.1 million).

The decline in China was more mild, slipping 16% to CHF 110.3 million ($113.7 million), and accounting for one-third of total Swiss watch exports in April, as the economy began to recover. However that compares with an increase of 11% to CHF 155.9 million ($160.6 million) in March. In February, shipments to China fell 52% due to the coronavirus.

All price categories “contracted sharply,” as exports of timepieces valued between CHF 500 ($516) to CHF 3,000 ($3,095) declined 72% by value. Watches worth more than CHF 3,000 dropped 86%.

Shipments of timepieces made from precious metal decreased 82% to CHF 102.4 million ($105.6 million). Supply of gold and steel watches saw the steepest decline, tumbling 90% to CHF 28.4 million ($29.3 million).

Source: DCLA

Swiss Watch Exports Down 81% in April

Swiss watch exports plunged in April as coronavirus lockdowns brought the entire supply chain to a near halt.

“Swiss watch exports were extremely low in April as a direct result of the standstill in production, distribution and sales, causing them to collapse,” the Federation of the Swiss Watch Industry reported Tuesday.

Shipments slid 81% to CHF 328.8 million ($339.1 million) for the month, with nearly all markets declining significantly. Orders from Hong Kong plummeted 83% to CHF 42.2 million ($43.5 million), while supply to the US dropped 86% to CHF 27.9 million ($28.8 million). Exports to Japan fell 86% to CHF 19.5 million ($20.1 million).

The decline in China was more mild, slipping 16% to CHF 110.3 million ($113.7 million), and accounting for one-third of total Swiss watch exports in April, as the economy began to recover. However that compares with an increase of 11% to CHF 155.9 million ($160.6 million) in March. In February, shipments to China fell 52% due to the coronavirus.

All price categories “contracted sharply,” as exports of timepieces valued between CHF 500 ($516) to CHF 3,000 ($3,095) declined 72% by value. Watches worth more than CHF 3,000 dropped 86%.

Shipments of timepieces made from precious metal decreased 82% to CHF 102.4 million ($105.6 million). Supply of gold and steel watches saw the steepest decline, tumbling 90% to CHF 28.4 million ($29.3 million).

Source: DCLA

Cartier Sues Alleged Counterfeiter

Cartier and Van Cleef & Arpels have filed a lawsuit against a Florida jeweler, claiming willful infringement on a number of the luxury jewelers’ famous trademarked collections.

Scott King Inc., registered for business as Florida Diamond Brokers and King Jewelers, allegedly sold imitations of jewelry belonging to the Richemont-owned divisions, the May 6 suit, filed in the US District Court of Florida, claims.

In November 2018, an agent of Cartier and Van Cleef visited King Jewelers, and noticed the store was selling counterfeit copies of the jewelers’ pieces. Those imitations included Van Cleef’s Alhambra and Perlée collections, as well as Cartier’s Love and Juste un Clou collections, engraved with the brands’ trademarked name, the suit claims. The prices for the items ranged from $900 to $1,125 for earrings, and more than $6,000 for bracelets, a similar range to Cartier and Van Cleef’s own prices.

The agent returned to the store the following month, and again in February, according to the lawsuit. During the first visit, employees of King Jewelers allegedly informed the agent that the jewelry was not authentic Van Cleef and Cartier pieces, but rather “inspiration” jewels made to look like them. An employee also said the products were not listed in the store’s catalogues because they “don’t want to get in trouble.”

Cartier and Van Cleef are asking the court to order King Jewelers to turn over all its counterfeit jewelry to them for destruction, and to recall any pieces it has distributed to retailers and other customers. They are also suing for the total amount of profits King Jewelers has made from all sales of the copied pieces, plus up to $2 million per counterfeited collection and per each jewelry category (bracelets, rings, etc.) within those collections.

Source: DCLA

Cartier Sues Alleged Counterfeiter

Cartier and Van Cleef & Arpels have filed a lawsuit against a Florida jeweler, claiming willful infringement on a number of the luxury jewelers’ famous trademarked collections.

Scott King Inc., registered for business as Florida Diamond Brokers and King Jewelers, allegedly sold imitations of jewelry belonging to the Richemont-owned divisions, the May 6 suit, filed in the US District Court of Florida, claims.

In November 2018, an agent of Cartier and Van Cleef visited King Jewelers, and noticed the store was selling counterfeit copies of the jewelers’ pieces. Those imitations included Van Cleef’s Alhambra and Perlée collections, as well as Cartier’s Love and Juste un Clou collections, engraved with the brands’ trademarked name, the suit claims. The prices for the items ranged from $900 to $1,125 for earrings, and more than $6,000 for bracelets, a similar range to Cartier and Van Cleef’s own prices.

The agent returned to the store the following month, and again in February, according to the lawsuit. During the first visit, employees of King Jewelers allegedly informed the agent that the jewelry was not authentic Van Cleef and Cartier pieces, but rather “inspiration” jewels made to look like them. An employee also said the products were not listed in the store’s catalogues because they “don’t want to get in trouble.”

Cartier and Van Cleef are asking the court to order King Jewelers to turn over all its counterfeit jewelry to them for destruction, and to recall any pieces it has distributed to retailers and other customers. They are also suing for the total amount of profits King Jewelers has made from all sales of the copied pieces, plus up to $2 million per counterfeited collection and per each jewelry category (bracelets, rings, etc.) within those collections.

Source: DCLA