christie's and sotheby's the two auction houses

Art Deco diamond necklace by Cartier, circa 1925 offered by Sotheby's. A sapphire and diamond bracelet offered by Christie's with an estimate of $2 - $3.1 million. Estimate: $700,000 - $1 ... [+] million. It is one of nine items being offered by the London jewelry house. * A gold “Serpernti” bracelet-watch by Bulgari, 1960s, featuring marquise and circular-cut diamonds, and cabochon rubies. The top lot in the sale are platinum and gold earrings (second photo) that feature a pair of pear-shaped brilliant-cut diamonds of 10.06 and 10.03 carats (both D-color, internally flawless, Type IIa), a fancy intense blue pear brilliant-cut diamond of 2.05 carats (VVSI clarity), a fancy grayish-blue pear modified brilliant-cut diamond of 2.06 carats, fancy intense pink marquise brilliant-cut diamonds of 1.07 (SI2 clarity) and 1.06 carat, and circular-cut diamonds. The live auction will be held November 11 at 8:30 p.m. CET (2:30 EST). 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. 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. Sotheby’s Magnificent and Noble Jewels, November 11, 6:30 p.m. (12:30 p.m. EST). Christie's is a British auction house.It was founded in 1766 by James Christie.Its main premises are on King Street, St James's, in London, and in the Rockefeller Center in New York City. Christie’s Magnificent Jewels Sale, November 10, 3 p.m. (9 a.m. EST). Its estimate is $23 - $38 million. Only 1-2% of mined diamonds receive this classification. 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 publications around the world. It’s attached to a white gold brooch in a circular flower motif lined with round and baguette-cut diamonds. Livy: French know-how for top-of-the-range lingerie, [Luxus+ Magazine] Death of Enzo Mari, precursor of Italian design. Estimate: $5,559 - $7,782. A gold and diamond brooch by Graff centered with an “exceptional” 107.46 carat fancy yellow diamond ... [+] offered by Christie's. Christie’s also boasts a record for digital sales at $311 million, an increase of 262%. Estimate: $222,354 - $333,531. Auction location and estimates. ... [+] Estimate: $2.7 - $3.8 million. 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 … 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). With Christmas just around the corner, it makes perfect sense to surprise that special someone in your life as you share the festive joy together. Estimate: $2.6 million - $3.6 million, Henriette Hélène Porgès, the Marquise de la Ferté-Meun. 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. It’s also a type IIa diamond, the most chemically pure. Read More. Sotheby's has had to catch up on its rival Christie's, which has been playing at the luxury game since the early 2010s. 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. * 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. In response, spokespersons for Sotheby’s and Christie’s said their live sales will be held without an audience. Although the subpoenas for information from Christie’s and Sotheby’s do not seem to be involved with criminal concerns, they are related to civil suits regarding Epstein’s taxes. 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. Estimate: $8,894 - ... [+] $13,341. Luxury, ally or enemy of a more responsible society? However, with the pandemic still roaring through much of the world, the number of lots being offered by the two auction houses is down significantly. Auctions Top Auction Houses Saw Total Sales Drop in 2020—But Sotheby’s Outpaced Rival Christie’s With $5 Billion in Revenue. Private sales, online … Lots sold by Christie’s and Sotheby's are given an estimate and a … “It’s impossible for a second person to do a viewing [at the same time]. It is the world’s largest vivid purple-pink diamond ever to appear at auction and was faceted from the largest pink rough diamond ever mined in Russia – a 27.85 carat pink crystal discovered in 2017. This includes a near-universal ban on public and private events of more than five people, inside and outside. The idea behind Christie’s Lates is to bring new audiences into Christie’s. Estimate: $4,447 - $6,671. formerly in the collection of ... [+] Henriette Hélène Porgès, the Marquise de la Ferté-Meun. The Sotheby’s sale is led by diamonds and diamond jewels. Sotheby's was founded in London in 1744 as a bookseller. It is owned by Groupe Artémis, the holding company of François-Henri Pinault. Diversity in the jewels and gems is also lacking. A fancy colored platinum and diamond necklace by Harry Winston offered by Sotheby's. Eleven of the emeralds have “insignificant to minor traditional clarity enhancement,” according to the auction house, and five emeralds are without clarity enhancement. 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. Sotheby's and Christie's are two of the largest and most well-known auction houses in the world, and in the mid 90's neither were making enough money from sellers' commissions to keep their large art empires afloat, therefore they decided to enter a price-fixing pact, whereby each auction house would offer the same commission rate. Here’s How Auction Houses Are Adapting to Meet Demand. Read also > PARIS STOCK EXCHANGE: LUXURY AND COSMETICS STOCKS BOOSTED BY THE PROSPECTS OF AN AGREEMENT BETWEEN THE EUROPEAN UNION AND CHINA. “If I go to a private viewing, there’s me, one person assigned to bring me the jewels, one or two security guards. 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). 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. Colombian emerald and diamond parure, circa 1770, offered by Sotheby's. The main reason for this decline is the difficulty in finding valuable lots to offer as sellers are more reluctant in times of lockdown. All Rights Reserved, This is a BETA experience. MORE THAN A SPECIALIZED WEBZINE, LUXUS PLUS IS A MULTI-SECTOR INFORMATION SYSTEM, WHICH HAS BECOME THE REFERENCE MONITORING TOOL FOR LUXURY AND FASHION PROFESSIONALS. The parure comprises five pieces, a necklace with a floral and foliate design in closed-back settings, collet-set with three step-cut emeralds highlighted with oval and circular-cut emeralds, single- and circular-cut diamonds. Photo courtesy Sotheby’s. 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. 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. © 2021 Forbes Media LLC. Sotheby’s sale has 102 lots on offer while Christie’s is offering 158. Tougher restrictions in times of lockdown the LATTER DRAWS the ATTENTION of its 20 “ lots., 1960s, featuring Marquise and circular-cut diamonds, the holding company of François-Henri Pinault Milan, New York near-universal... Lapis lazuli beads and circular-cut diamonds “Diamond King.” its estimate is $ 1.7 million $. Canceled public previews and will only hold private viewings by appointment 107.46 carat yellow! In response, spokespersons for Sotheby’s and Christie’s said their live sales will be held November 11, p.m.! Prospects of an AGREEMENT BETWEEN the EUROPEAN UNION and CHINA, ally or enemy of more. It features carved ruby leaves, carved emeralds, onyx beads, single and diamonds! 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