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Jewellery Auctions

Jewellery in any form be it necklace, bracelet, rings or earrings has always been a form of personal adornment. Since a long time women have worn jewellery to enhance their appearance and in many cultures the kind of jewellery worn represents the person’s social status. The rarer the jewel and gems, the more valuable they are.

 

In the recent years there has been a tremendous increase in demand for rare and fine unique gems and jewels whose provenance can be traced back to their creation and which retells the history of the family which has held it for generations and the social standing of the person in the society who owned the piece can add tremendous value and desirability to the associated gems and jewels. In the current economic climate, the demand for these unique hard to find goods have soared sky high as they are considered a safer haven than cash and  the potential audience for these treasures is spread all around the globe. The consumers for these rare gems and jewels range from jewellery designers to jewellery dealers to private collectors who wish to own an important piece of history and are ready to pay the top price for only the Best.

 

The Auction Houses like Sotheby and Christie’s offers diamonds, coloured gemstones and jewels dating from the early 19thcentury and important signed pieces by internationally known jewellery houses such as Cartier, Bulgari, Graff, Harry Winston, Tiffany & Co. and Van Cleef & Arpels. Their experienced and knowledgeable staff works together to achieve the highest price for the top gems and jewels in their high profile auctions in Geneva, Hong Kong, New York and London and their sophisticated and aggressive marketing strategies attract collectors from all around the World who can view the piece and their details and even bid online or via phone anonymously without being physically present in the auction room. This increase in Global coverage along with the current economic climate has resulted in landmark single-owner auction results.

 

The three single-owner auctions  that have awed the collectors and got them bidding fiercely to own an important piece of jewellery was The Private Collection From a Royal House in 2006 at the third place totalling at $31,360,932 , The Jewels of The Duchess of Windsor in 1987 which held the record for 24yrs until recently and now stand at second place at the total of $50,281,887 and the latest and most talked about recent auction of the Top Collection of Elizabeth Taylor in December 2011 which broke all the records totalling a whopping $137,235,675.

 

The Elizabeth Taylor’s Auction in December saw bidders battling fiercely to own a piece of her collection.. The top lot at Elizabeth Taylor’s sale was La Peregrina- the 50.56 carat Natural Pearl discovered in 1500s in the Gulf of Panama and can be traced back to the era of The Spanish King Philip II in the Sixteenth Century. Another important piece of history that got sold in her sale was the ‘Taj Mahal Diamond’ dating 1627 to 1628. The heart shaped table cut diamond is inscribed with the name of Nur Jahan, who was wife of Mughal Emperor Shah Jahangir. There were total 270 lots for sale and they sold 100 percent with each lot fought over in long drawn-out bidding sessions.

 

The rarity, authenticity and the history of the jewels and gems along with the current economic climate are driving record prices at the auctions where wealthy consumers are becoming highly sophisticated connoisseurs of gems and jewellery paying the top money for the very best.

Banner- Gold plated Jewellery

Todays Gold Silver and Platinum prices

  Price per Gram
Gold 9 Carat £11.12
Gold 14 Carat £17.29
Gold 18 Carat £22.25
Gold 22 Carat £27.15
925 Silver £0.12
950 Platinum £18.10

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