Fancy Color Diamonds Dominate December Jewelry Auctions
By CAROL BESLER
Watch auctions are divided into two categories: Patek Philippe and Rolex, which represent the bulk of the value; and everything else.
Likewise, jewelry auctions fall into two camps: colored, large, or flawless diamonds and gems; and everything else, including the often more interesting pieces signed by the likes of Cartier, Bulgari, Harry Winston, and Van Cleef & Arpels, and pieces with interesting provenance.
Diamonds and gemstones are important from an investment point of view, but the “rest” is often more about beauty and personal taste. There was plenty of evidence of this in the jewelry sales held in Geneva and New York this fall by Sotheby’s, Christie’s, and Phillips. Blue, pink, and yellow diamonds were the kings of the auction season, proving that rare diamonds continue to be go-to investments.
Carol Besler’s view of the December auctions focuses on fancy color, but doesn’t forget the rest in her Robb Report feature.
Tap here to read Besler’s auction report in the Robb Report!
