‘Tis the season for mega-sales of diamonds and watches

The Archduke Joseph Diamond ©Tony Falcone

GENEVA, SWITZERLAND – Geneva is hosting auction houses’ annual November watch and diamond sales, with the highlight likely to be the Archduke Joseph diamond auction Tuesday 13 November, starting at 19:00 at the Hotel des Bergues. The diamond’s historic and gem purity value has its estimated sales price at CHF15 million, a figure given out […]

Anker remains standard-bearer as portrait goes for CHF1.5 million

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ZURICH, SWITZERLAND – Sotheby’s annual spring auction of Swiss art underscored the growing interest in Alfred Anker, portraitist par excellence, with his 1885 “Mädchenbildnis” going for just under CHF1.5 million and a second painting, “Schlafendes Mädchen auf einer Holzbank”, going for CHF1.2m. Both prices were in the middle of their estimated pre-sale price range. The […]

Shares may be down, but jewels are definitely up

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Two big auction houses realize Monday sales of more than $40 million, more to come GENEVA, SWITZERLAND – The Swiss franc is a pale safe haven in these days of troubled economies, compared to the bright, shining market in fine jewels, if Geneva auctions are any indication. Monday was a big day, with Sotheby’s succeeding […]

Best of the pricey baubles – what a week in Geneva!

©1973 Danjaq_LLC_United Artists Corporation. All rights reserved_james_bond_watch

GENEVA, SWITZERLAND – Going, going, gone! For CHF11.28 million, the world’s “largest known pear-shaped fancy vivid yellow diamond”, a rarity for colour at its size and a newcomer on the market, went to an individual who wishes to remain anonymous, says Sotheby’s. The diamond was the hottest item in the auction house’s semi-annual Geneva fine […]

A week of Geneva sparkle closes on record tiara, diamond prices

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GENEVA, SWITZERLAND – Geneva residents and visitors have had a week of closeups of true glitter which has drawn to a close Wednesday evening 18 May. Christies Fine Jewels sale closes the city’s spring season of auctions. Several records set for jewelry Tuesday night at Sotheby’s saw what may have been the crowning glory of […]

Geneva sets out a menu of watches, jewels and fine wine

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Geneva, Switzerland (GenevaLunch) – This is a week where spending your spare millions will be very easy in Geneva, the week when auctions are offering rare watches, an extraordinary emerald tiara and a bottle of Château Lafite-Rothschild, vintage 1887, Pauillac, 1er cru classé that would make grandfather sit up in his grave and ask for […]

A chip off the old block, this diamond ain’t

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Christmas countdown, gift suggestions: number 40 GenevaLunch begins its countdown to the winter holiday season, with 40 gift options for buyers rich and poor, in the Lake Geneva region Geneva, Switzerland (GenevaLunch) – The excitement is building inside the long room with its tidy rows of chairs and a bank of TV cameras, at Beau-Rivage, […]

Some diamond! Some watch! Dazzlers go for CHF5 and 8 million

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Geneva, Switzerland (GenevaLunch) – Forget the girl’s best friend, diamonds that investors love are dazzling the jewelry world this week. Christie’s big November precious gems and jewelry sale in Geneva Wednesday 18 November ended on a high note, with the sale of a 62.3 carat diamond going for CHF8.01 million at the Four Seasons Hotel […]

Ethiopian emperor, 1948 pink gold watches, Patek Philippe Calibre 89, top Geneva auction lists

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Geneva, Switzerland (GenevaLunch) – A watch made for an Ethiopian emperor and a 1948 pink gold watch with a perpetual calendar and moon phases are among the top pieces on the watches auction list at Sotheby’s Sunday 15 November. The world’s most complicated timepiece, a Patek Philippe Calibre 89 watch with 33 complications, is up […]

World art market more stable than expected

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New York, USA and Geneva, Switzerland (GenevaLunch) – The art markets and in particular fine jewels auctions were being watched closely at the end of 2008 for signs that they were suffering from the global economic crisis, but a new report from Art Market Review suggests that the jewelry market in particular has been more […]