The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
The top 10 lots from the ‘Bunny’ Mellon sale
Leading the sale of jewelry that once belonged to the horticulturist, art collector and philanthropist was a 9.75-carat fancy vivid blue diamond that set two world auction records.
The stone, which was renamed the “Zoe Diamond” by its Hong Kong purchaser, was part of the “Property from the Collection of Mrs. Paul Mellon: Jewelry & Objects of Vertu” sale at Sotheby’s New York on Thursday and Friday.
Mellon, whose real name was Rachel, was a well-known horticulturist, art collector and philanthropist, and was the second wife of wealthy horse breeder Paul Mellon. She died earlier this year at the age of 103.
The auction of her belongings totaled $45 million, more than doubling its pre-sale estimate. It was 97 percent sold by lot and 100 percent sold by value, according to Sotheby’s, with 85 percent of the lots exceeding their high estimates.
Other top lots in the sale included a fancy blue diamond pendant that doubled its pre-sale estimate when it sold for $3 million, and a gold and diamond rivière necklace by Cartier that also doubled its early estimates by garnering $2.8 million.
Two gold, sapphire, diamond, and ruby bracelets also went up on the auction block--one signed by Cartier sold for $989,000, and the other (unsigned) sold for $557,000. A gold, enamel and gem-set Verdura table ornament sold well over its estimate of $10,000 to $15,000 when it garnered $221,000.
Rounding out the top 10 were a platinum, ruby and diamond bracelet for $149,000; an 18-karat gold, platinum, fancy yellow diamond and diamond bracelet from Black Starr & Frost that also sold for $149,000; a gold, rock crystal, and gem-set rhinoceros that sold for $143,000; and an 18-karat gold, platinum, citrine, and diamond Cartier bracelet that sold for $137,000.
The full list of results can be found on the Sotheby’s website.
The Latest
He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.
The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
Ho Brothers offers scalable solutions for the future of custom jewelry.
The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The retailer previously turned down an $8.4 billion offer in 2018.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.
JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.
The miner’s March auction generated $19 million.