A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Brando, Nicklaus Watches Sell for Millions at Auction
They were two of five lots that sold for more than $1 million each at Phillips’ “Game Changers” watch auction Tuesday.
New York—Phillips held an auction of watches once belonging to people at the top of their game, and buyers wanted in.
The “Game Changers” watch auction, which took place in New York Tuesday, was comprised of a group of timepieces once owned by people considered to be “game changers” in their respective fields, as well as iconic collectors’ models from leading brands.
All 74 lots offered sold for a total of $20.2 million.
The sale marked the first time five watches have sold for above $1 million at an auction held in the United States, Phillips said.
Urwerk’s Atomic Mechanical Control (pictured below) led the event, a piece Phillips called a “tour-de-force” of modern watchmaking.
The master clock automatically winds, sets and regulates the wristwatch to improve its timekeeping.
It sold for $2.9 million, setting a new world record for the independent Swiss brand.
Patek Philippe’s rare “pink-on-pink” Ref. 1518 followed, garnering $2.3 million and setting a world auction record for the reference in pink gold, while Patek’s Ref. 2499 in yellow gold achieved $2 million.
Phillips sold the watch to benefit the Nicklaus Children’s Health Care Foundation, which aims to provide families access to world-class pediatric healthcare.
It ended up selling for nearly $2 million Tuesday (there was no pre-sale estimate for the watch) after a 20-minute bidding war among collectors from three continents, Phillips said, setting a world auction record for a Rolex GMT-Master.
Four other Rolex watches—three Cosmograph Daytonas and a Sea-Dweller—and a Patek Philippe rounded out the top 10 lots of the watch auction, garnering between $884,000 and $356,250.
There were several other watches sold for a good cause.
Vacheron Constantin’s Overseas Dual Time Prototype sold for $106,250, with proceeds of the sale going to the National Geographic Society, while TAG Heuer’s Monaco Piece d’Art, which topped its pre-sale estimate at $81,250, was sold to benefit United Way of New York City.
The sale of the Urwerk UR-105 CT Iron worn by Robert Downey Jr. in “Avengers: Endgame” (seen above) for $312,500 will benefit Random Act Funding.
The Latest
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The selected nine organizations have outlined their plans for the funds.
The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
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.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.