Christie ’ s London luxury week auction totals £ 12m
Charlotte ’ s Web launches new Holi inspired jewellery range
Hallmarking figures fall 11 %
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AUCTIONS
Christie ’ s London luxury week auction totals £ 12m
Christie ’ s London Luxury Week auctions achieved a combined total of £ 12m with other half the total coming from its ‘ important jewels ’ auction .
The auctions focusing on fine wines , handbags and accessories and important jewels attracted global participation from bidders from 50 countries , across five continents .
Christie ’ s also welcomed over 9,000 visitors to the auction previews , alongside a watches private sales exhibition , a bespoke service for collectors seeking the very best timepieces , offered for the first time in London .
Christie ’ s Important Jewels Sale on the 13 June realised a total of £ 6.8m Leading the the auction was a Fine Sapphire and Diamond ‘ Julie ’ Ring by Cartier which sold for £ 512,750 .
The auction also included a Belle Époque Diamond Tiara which was formerly the property of HRH The Crown Princess of Yugoslavia and from the collection of The Princes of Orléans Braganza . Estimated between £ 140,000 - 210,000 the jewel was eventually sold for £ 344,750 .
The week also included a tailored programme of events , including interactive workshops , talks by guest speakers and a dedicated Christie ’ s Late , presenting collectors the opportunity to engage with Christie ’ s specialists and learn more regarding the variety of exceptional objects on offer .
Aline Sylla-Walbaum , global managing director Luxury at Christie ’ s , said : “ We are delighted with the response from our clients who embraced the programme of events and auctions here in London .”
QUOTE OF THE MONTH
“... to be able to offer for sale the watch that Nelson probably used to establish the timing for this decisive battle is a real privilege .”
This is what Daryn Schnipper , chairman of Sotheby ’ s international watch division , said about the planned auction of a watch belonging to Lord Admiral Horatio Nelson , who fought in the battle of Trafalgar
JEWELLERY COLLECTIONS
Charlotte ’ s Web launches new Holi inspired jewellery range
Online jeweller Charlotte ’ s web has launched a new jewellery collection inspired by Holi , the Indian festival of colour .
Inspired by the colours of the festival , the jewellery pieces use gemstone that are handsourced and real .
Charlotte Howarth , founder , said : “ As I spend a lot of time between Ibiza and India , I draw most of my inspiration from these locations . I have been lucky enough to take part in a Holi festival celebration whilst in India and loved the energy and vibrancy of it .
“ Our new magical jewellery collection , is inspired by Holi , the Indian festival of colour . The Holi festival at the start of Spring signifies a re-awakening and celebrates the triumph of ‘ good ’ over ‘ bad ’.”
HALLMARKING
Hallmarking figures fall 11 %
Hallmarking fell by an average of 11 % in May 2018 compared with the same period the previous year , according to figures compiled by the Birmingham Assay Office .
The average volume of all precious metals fell this month when compared to the same period the previous year .
Gold fell by 8.5 % to 294,530 and silver dropped by 14.5 % from 376,934 compared with 322,229 the previous year .
Palladium and platinum also dropped by 3.7 % and 1.2 % respectively . Overall the total volumes decreased from 732,159 in 2017 to 649,602 in 2018 .
May-17 |
May -18 |
Gold 999 |
31 |
38 |
990 |
0 |
1 |
916 |
43,682 |
38,177 |
750 |
62,433 |
62,193 |
585 |
12,877 |
10,454 |
375 |
202,827 |
183,667 |
|
321,850 |
294,530 |
Silver 999 |
1,751 |
1,839 |
958 |
901 |
960 |
925 |
374,230 |
319,493 |
800 |
52 |
7 |
|
376,934 |
322,229 |
Platinum 999 |
4 |
6 |
950 |
25,035 |
24,718 |
900 |
22 |
28 |
850 |
1 |
16 |
|
25,062 |
24,768 |
Palladium 999 |
0 |
0 |
950 |
6,878 |
6,376 |
500 |
1,435 |
1,629 |
|
8,313 |
8,005 |
Totals |
732,159 |
649,602 |
We are delighted with the response from our clients who embraced the programme of events and auctions here in London
Aline Sylla-Walbaum , Christie ’ s
16 JEWELLERY FOCUS
July 2018 | jewelleryfocus . co . uk