Sotheby’s: Led Global Jewelry Sales At Auction In 2017

(IDEX Online) – Sotheby’s Jewellery division led the global auction market in sales for 2017 totaling $551.3 million, the auctioneer said.

In addition to strong results for colored gemstones and signed jewels, major highlights from 2017 included a world auction record for any diamond or gemstone, with “The CTF Pink Star” ($71.2 million) and a world auction record for earrings, with “The Memory of Autumn Leaves” and “The Dream of

Autumn Leaves” ($57.4 million).

David Bennett, Worldwide Chairman, Sotheby’s Jewellery Division, said: “2017 has been an exceptionally successful year for Jewellery at Sotheby’s, with all four selling centers – Geneva, New York, Hong Kong and London - performing very well. Innovations this year have included the scaling up of our online-only sales, as well as our very successful new Fine Jewels auctions in Geneva, which totaled $8.9 million. We were also very pleased to celebrate the tenth anniversary of our dedicated sales of Noble Jewels in Geneva.”