Tag Archives: auction

The Jewelry Insider

July 24, 2008

Hip Hop isn’t going mainstream – it’s gone mainstream. And now, it’s going upstream. No longer the domain of urban angst, Hip Hop has entered the echelons of high-society parlours. In this case, some of the most blinged out bling from the genre’s stars is going under the hammer at tony auctioneers, Phillips de Pury.
Among the lots of diamonds, gems, rings and pimped out pendants is a jeweled Rolex watch worn by Notorious B.I.G., Lil’ Wayne’s jeweled Money Bag pendant and Biz Markie’s Headphone Necklace. The sale isn’t though only about weighing down the jewelry boxes of well-heeled doyennes, proceeds from the sale of select items will benefit the National Museum of American History’s new “Hip-Hop Won’t Stop” collection.
The auction’s going down on October 1st but you can get a sneak preview of the rappers’ jewels between September 23-30 at the auction house’s Chelsea headquarters.

The Jewelry Insider

June 13, 2008

For some down-sizing means throwing away the old, keeping the useful and storing mementos. Family heirlooms, generally tend to fall into the ‘storing pile’. But, what do you do, if the storing pile needs a vault and is worth around $13 million? Sometimes E-bay just isn’t the solution. For Athina Onassis, daughter of Christina Onassis and granddaughter of Greek shipping tycoon Aristotle Onassis, her clearout called for an auction at Christie’s International in London, not that she needed the money. With a fortune estimated to stand around the $2 billion, the heiress reportedly decided to sell the jewels as ‘they don’t fit with her modern lifestyle’ and not because she need gas money.

The star of the auction was a Harry Winston diamond necklace featuring 38 carat, pear-shaped, D color stone. It sold for a whopping $7.1 million, around $2.5 million more than its estimate.

The necklace was just part of a collection of more than that went under the hammer in the UK capital. A diamond ring with a pear-shaped stone weighing 14.79 carats doubled its low estimate selling for around $2.2 million, but there were also some slightly less blinging items on the block. For $3,000 you could have picked up a bangle made of elephant hair etched with the initials of Christina Onassis and her husband.

The Jewelry Insider

June 13, 2008

For some down-sizing means throwing away the old, keeping the useful and storing mementos. Family heirlooms, generally tend to fall into the ‘storing pile’. But, what do you do, if the storing pile needs a vault and is worth around $13 million? Sometimes E-bay just isn’t the solution. For Athina Onassis, daughter of Christina Onassis and granddaughter of Greek shipping tycoon Aristotle Onassis, her clearout called for an auction at Christie’s International in London, not that she needed the money. With a fortune estimated to stand around the $2 billion, the heiress reportedly decided to sell the jewels as ‘they don’t fit with her modern lifestyle’ and not because she need gas money.

The star of the auction was a Harry Winston diamond necklace featuring 38 carat, pear-shaped, D color stone. It sold for a whopping $7.1 million, around $2.5 million more than its estimate.

The necklace was just part of a collection of more than that went under the hammer in the UK capital. A diamond ring with a pear-shaped stone weighing 14.79 carats doubled its low estimate selling for around $2.2 million, but there were also some slightly less blinging items on the block. For $3,000 you could have picked up a bangle made of elephant hair etched with the initials of Christina Onassis and her husband.

The Jewelry Insider

June 9, 2008

If you need something special and Clare’s Accessories just isn’t doing it, then a recent auction in Hong Kong may have had just what you’re looking for. The Hong Kong branch of Christie’s Auction House recently said ‘sold’ to a diamond that’s described as ‘the size of a ping-pong ball’.

Set in a tiara was a 101.27 carat shield-shape diamond that had been cut from a 460-carat rough. The mega-rock, while internally flawless, has a slight imperfection on the surface that is imperceptible to the human eye, according to the auctioneers. Imperfect or not, a private buyer was ready to shell out over $6.1 million for the sparkling headset.

It is the largest colorless diamond to appear on the auction market in the last 18 years, Christie’s said. Only three colorless diamonds of more than 100 carats have appeared at auction. All were sold in Geneva. Naming rights were granted to the new owner – suggestions welcome……

The Jewelry Insider

May 18, 2008

An oval blue diamond just won the heavyweight title of the most expensive gem to ever be auctioned. The 3.7 carat fancy-colored blue diamond became the latest acquistion of famed London jeweler, Laurence Graff when he paid a not-to-be-sneezed at $1.33 million per carat for the rock.

The stone was part a jewelry auction in Geneva that raked in around $48.3 million. Other jewels that were snapped at in the swanky Swiss city auction included an emerald colored diamond and pearl necklace that went for $5.6 million and an emerald, colored diamond and pearl necklace that sold for $4.4 million.

Obviously the super-rich aren’t feeling the need to tighten the family belt any time soon.

The Jewelry Insider

May 18, 2008

An oval blue diamond just won the heavyweight title of the most expensive gem to ever be auctioned. The 3.7 carat fancy-colored blue diamond became the latest acquistion of famed London jeweler, Laurence Graff when he paid a not-to-be-sneezed at $1.33 million per carat for the rock.

The stone was part a jewelry auction in Geneva that raked in around $48.3 million. Other jewels that were snapped at in the swanky Swiss city auction included an emerald colored diamond and pearl necklace that went for $5.6 million and an emerald, colored diamond and pearl necklace that sold for $4.4 million.

Obviously the super-rich aren’t feeling the need to tighten the family belt any time soon.