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Christie’s

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The Annenberg Diamond

Good news on the auction front: several major jewels recently sold at prices far above their estimates. This is exciting on a couple of levels: First, it means the economy is starting to recover, which is a good thing for everyone. Second, it just shows you that certain brands and classic style never really lose its value. Point in case: The Annenberg diamond (above), a 32.01-carat D-flawless stone mounted in a ring by Manhattan jeweler David Webb, sold for $7.7 million at…

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Designer Watches

Christie’s & Important Watches

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It was another big event as Christie’s in Geneva made some amazing sales at their Important Watches auction last week, bringing in $25 million total. The absolute star of the show was Patek Philippe as the brand brought in the 13 of the top 15 bids. Here’s a little insight on the top lot of the day (above): A stainless steel model from 1949, the watch features a perpetual calendar with phases of the moon, amagnetic balance, and applied painted…

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