$1.1 Billion Total Sales Jewelry Sales For Christie's And Sotheby's In 2017
Original Article: https://www.forbes.com/sites/anthonydemarco/2018/01/02/jewelry-sales-for-christies-and-sothebys-total-1-1-billion-in-2017/#628e3b794a5f Christie’s and Sotheby’s aggressively focused on fine jewelry sales this year and it has paid off as the two auction houses combined for more than $1.1 billion in sales, with Christie’s achieving $556.7 million and Sotheby’s $551.3 million. Both auction houses expanded its jewelry offerings with an increased eCommerce presence and with special sales held throughout the year. While Sotheby’s was slightly behind Christie’s in total jewelry auction sales, it did preside over the sale of the world auction record for any gem or jewel. “The CTF Pink Star,” A 59.60-carat internally flawless fancy vivid pink diamond sold for more than $71.1 million ($1.19 million per carat) at Sotheby’s Hong Kong on April 4. Courtesy of Sotheby's The 59.60-carat CTF Pink Star diamond sold for more than $71.1 million, a world a...