De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Phillips Starts NY Auctions with Paul Newman’s Rolex
The Ref. 6239 Cosmograph Daytona, a gift from his wife after he discovered a passion for racecar driving, is predicted to sell for more than $1 million next month.
New York--Phillips, in association with Bacs & Russo, is inaugurating its New York auctions by selling the watch of a late Hollywood icon.
Slated for Oct. 26, “Winning Icons--Legendary Watches of the 20 Century” will offer watches from some of the most important collectors of the last century, including what the auction house is calling one of the “most important Rolex watches to ever be offered on the market,” the Paul Newman Cosmograph Daytona once owned by the film star himself.
Newman was a two-time Academy Award winner. He won Best Actor for his role in 1987’s “The Color of Money” and the Jean Hersholt Humanitarian Award, an award given periodically by the Academy honoring an individual’s contributions to humanitarian causes.
He died of lung cancer in September 2008.
He committed a lot of time to this part of his life, dedicating himself to training and going on to win a number of races, including a second place win at the 1979 “24 Hours of Le Mans” race.
Newman’s wife, on the other hand, constantly was afraid for his safety, even from the earliest days on the set of “Winning,” Phillips said.
So she bought him, likely at Tiffany & Co., a Rolex Cosmograph Daytona, a watch designed specifically for motor sports, and had the caseback inscribed with these words: “Drive Carefully Me.”
Woodward chose a rare and exclusive version of the Cosmograph Daytona to give to her husband, a Ref. 6239 fitted with what the brand called an “exotic” dial.
The Ref. 6239 was the very first model of the brand’s iconic “Daytona” series, produced from about 1963 until 1970. It also was the brand’s first chronograph with a tachymeter scale engraved on the bezel, designed to measure speed instantly and clearly.
During the 1980s, when the popularity of collecting wristwatches was growing, Daytonas fitted with this so-called exotic dial became known as
The Art Deco feel of the font and the hash marks with small squares used for the counters set them apart from the standard Daytona dials.
The watch up for auction next month is the very one that Newman himself wore until 1984, when he gave it to James Cox, who was dating his daughter Nell at the time and also was helping them with a construction project at their house.
Nell Newman and Cox, who remain close friends, are selling the watch together. A portion of the proceeds will go to The Nell Newman Foundation, which supports organic food and sustainable agriculture, as well as the Newman’s Own Foundation.
In other company news, Phillips recently announced the appointment of Arthur Touchot as specialist and head of digital strategy.
In his new role, Touchot will work closely with the department’s senior consultants and international strategy advisor to lead the expansion of the auction house’s digital presence.
Touchot most recently served as the senior European editor at online watch publication Hodinkee, where he provided analysis of the auction market and helped grow Hodinkee’s international reach.
He began his career writing articles for traditional media outlets, including the International Herald Tribune and the Financial Times, before joining Haute Time to lead its editorial team.
The Latest
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.